The once majestic Berengaria Hotel in Prodromos is to be auctioned by the Bank of Cyprus in a new twist for a hotel that once played host to titled guests before being abandoned and falling into ruin.
Bank of Cyprus has set a reserve price of €2.360.000 for the 80-year-old hotel. The auction will be held in Limassol on September 11. On sale will be the 80-room hotel and 26,520 square metres of land.
Named after Queen Berengaria, wife of Richard the Lionheart, the hotel was built in 1930 by the Kokkalos family.
Dubbed a crown jewel of Cyprus mountain tourism, it was at its most popular in the mid twentieth century but closed in 1984 as sun and sea tourism took a heavy toll on mountain resorts.
Since then it has remained empty, generating its share of myths as various attempts to revive it floundered.
Source: InCyprus
