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Serviced Apartments for Sale in Limassol

Showing 1 - 1 of 1 Serviced Apartments for Sale in Limassol. Buy a Serviced Apartment, Self-Catering Accommodation, PG, Hostel, Serviced Accommodation or a Student Hostel. Listed by Direct Business Owners & Business Brokers.
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Serviced Apartment for Sale in Limassol, Cyprus

For Sale: Backpacker hostel in Limassol with 80% occupancy, 24 beds and high season demand.
This business operates a backpacker hostel located in the vibrant city of Limassol, Cyprus, catering to budget-conscious travelers seeking affordable accommodation. - The hostel spans four floors, including a ground floor parking area and three floors dedicated to guest rooms. - Designed to host multiple travelers, the hostel features 24 beds spread across four spacious rooms, offering a communal and social lodging experience. - Essential facilities such as a kitchen and dining area are available, providing guests the convenience to prepare their meals. - The hostel maintains an impressive occupancy rate of 80%, highlighting its popularity among visitors, especially during the peak season from May to September. - Managed by a single permanent staff member, who is also the owner, the hostel occasionally employs additional staff for maintenance needs, allowing for cost optimization and efficient operations. - Revenue generation primarily stems from room bookings, with increased earnings during peak months when tourist footfall is at its highest.
For Sale: Backpacker hostel in Limassol with 80% occupancy, 24 beds and high season demand.
7.5   Limassol
Run Rate Sales
USD 134 thousand
EBITDA Margin
40 %
Business for Sale
USD 112 K
Contact Business
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Serviced Apartment for Sale in Limassol, Cyprus

For Sale: Backpacker hostel in Limassol with 80% occupancy, 24 beds and high season demand.
This business operates a backpacker hostel located in the vibrant city of Limassol, Cyprus, catering to budget-conscious travelers seeking affordable accommodation. - The hostel spans four floors, including a ground floor parking area and three floors dedicated to guest rooms. - Designed to host multiple travelers, the hostel features 24 beds spread across four spacious rooms, offering a communal and social lodging experience. - Essential facilities such as a kitchen and dining area are available, providing guests the convenience to prepare their meals. - The hostel maintains an impressive occupancy rate of 80%, highlighting its popularity among visitors, especially during the peak season from May to September. - Managed by a single permanent staff member, who is also the owner, the hostel occasionally employs additional staff for maintenance needs, allowing for cost optimization and efficient operations. - Revenue generation primarily stems from room bookings, with increased earnings during peak months when tourist footfall is at its highest.
For Sale: Backpacker hostel in Limassol with 80% occupancy, 24 beds and high season demand.
7.5   Limassol
Run Rate Sales
USD 134 thousand
EBITDA Margin
40 %
Business for Sale
USD 112 K
Contact Business

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