Location is good, in the old town. But warning about driving and parking your own car--it sucks so if you have a car maybe it's better to stay in the new town in a hotel with a parking lot if you can! The public parking in the old town has time limits and we did see the police writing tickets so it's worth thinking about.
Can't compare Sky to other hotels bc this was my first time in Nicosia. There are very few hotels in the city. So few that I don't even recall seeing more than one or two others. Unfortunately this might just be one of the best bets.
Our double room had a sizable balcony, working WiFi connection, and small but good LCD TV. The TVs are, as another reviewer noted, for porn use. Hardcore day and night. A casual surf through the channels and you can't avoid being face to face with a stranger's genitalia. Not sexy at all.
Overall the hotel is dumpy dark and dingy. At €60/night without breakfast not exactly a bargain. Service and vibe weird. They do not seem to be in the business of tourism. They have no maps. On the surface they are decently friendly but if you have any question they just shrug shoulders, like "I dunno," without even making an effort to help. For instance, we asked where to park our car and they say "I dunno? I parking lot?" Ask again, "Which one is good for overnight?" Answer: Shrug shoulders.
To end on a positive note, crossing the border into the Turkish occupied zone is a wonderful experience and should not be missed--the architecture is wonderful and it is interesting to see how life goes on as normal in spite of the conflict. Also, there is a great bar/resto around the corner from the hotel called Plato's. Nicosia is a neat place to visit.
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