Publicly approved opportunities for this market. Further information may be subject to qualification and confidentiality requirements.
12,000 Sqft Casino space with a new 15-year lease and Casino permit, within a 5 Star hotel in a major tourist Area, very low rental for first 6 months, Price to be discussed but minimum investment Price [amount withheld]
The total gaming revenue for 2015 from the 42 casinos on the Northern side of the island was [amount withheld] This opportunity is being offered as a Joint venture partnership of a maximum 50% of company shares by law, but a major shareholding basis minimum 70% of the casino hotel project, which includes a new casino licence, 330,000 sq meters of beachfront land, plus a 100 berth Marina with full planning permissions, The land which is owned by a well-respected family on the Island is located less than 30 minutes drive by highway from the island international Airport Larnaca with planning to build one of the largest 500 bed, 5 star luxury Hotel and Casino Resort in the Country, Investors will also have 100% control of design, installation & operation of the 3,000 sq meter casino gaming floor A cash investment is required into your own bank account in the Cyprus bank of [amount withheld] to a max of [amount withheld] the Government will match your deposit up to 150% plus tax-free profits for 6 years, or you will be introduced to a local commercial bank who will provide you up to 9 times your deposit with minimum [amount withheld] deposit, for a credit line construction loan of [amount withheld]-[amount withheld] Construction, Equipment, Credit line loan.
Hotel & Casino opportunity Large operating 400 bedroom hotel and 4,000 Sq Mt Casino gaming floor 300 slot machines, 40 gaming tables, Strong revenues, Price [amount withheld]
Updated January 2017 , Cyprus Northern 42 room freehold hotel and Casino, Gaming floor has 280 slot machines 23 gaming tables this is one of the largest casinos in Northern Cyprus operated by English owners, for sale including 10 betting stations in the town price [amount withheld] sterling
New update July 2016 now Cancelled biding time already passed, Cyprus with new laws coming into force to allow casinos in the Southern part of Cyprus, cancelled now only one licence being granted, with 5 star hotel only, This makes this a great opportunity Possible JV The casino license has been verbally granted on conditions the applicant has at least 3 years casino operational experience, and the hotel property which is now a 3 star must be converted with a grand refurbishment to a 5 star standard hotel and the casino will be allowed to be installed within the hotel property, The Hotel owner is looking for partners or investors to complete the upgrade and partners to take over both management of hotel plus or Casino only, The new hotel and casino resort will have a total ground area of 20,000 Sq meters, total investment cost to upgrade this closed hotel property is approx 30-40m euros but the owner is willing to put up the land to start building as a 50% joint venture partnership in the profits,or will sell out the complete property as is for [amount withheld] Now Cancelled