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Apartments in a hotel complex with a swimming pool

Cyprus, Larnaca
ID CYP222333
Object sold
Apartments in a hotel complex with a swimming pool
from €340,000

from 39 m² • from €8,116 m²

Cyprus, Larnaca
from 39 m²
1–2 beds
1 bathroom
ID CYP222333

Cost

Property cost €340,000 – €560,000
Price for m2 €8,116 – €8,718
Purchase taxes 0 НДС%
Registration cost 1%
State fees 0,2%
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Distances

Sea 1km
Airport 52km
Infrastructure 50m

Yield and management

Yield 4%
Property management Yes

Description

The project is an apartment complex managed by the well-known Best Western hotel chain. The hotel is located in the tourist center of Larnaca – Ayan Napa area, on the second coastline.

Project advantages:

  • Rental income – 4% per annum guaranteed, with the possibility of extending the contract
  • Apartment WITHOUT VAT

Services and amenities of the project:

  • 3 residential blocks
  • 36 apartments with 1 and 2 bedrooms
  • Apartments are fully furnished
  • 24/7 reception
  • Fully equipped gym
  • Wellness complex with treatment cabin, sauna and steam bath
  • Pool
  • Cafe
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Real estate

Object type Hotel complex, Apartments
Object category New house
Object stage Construction
Permits On hand
Object completion date 2022
Design features Ownership
Possibility of stay 14 days a year
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Characteristics

Total area 39 m² – 69 m²
Number of storeys 3
Floor 1, 2
Living space
Area of common areas 56 м² – 98 м²
Bedrooms 1–2
Baths 1
Parking Yes
Parking type Covered
Repair Standard
Furniture Furnished
View city, plot, pool, garden
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Equipment

Central conditioning

Properties

Сovered deck
Public pool
Concierge desk
SPA
Gym
Sauna
Garden on the plot
Internet
TV

Location

Object sold
from €340,000

from 39 m² • from €8,116 m²

Zlata Erlach investment
programs expert
Cyprus Permanent Residence

Property is eligible for Cyprus Permanent Residence by Investment Program

Immigrant Invest is the official representative of the program.

€300,000+ Investment amount
3+ months Obtaining period
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Schedule a meeting

Let’s discuss the details

Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.

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