Boutique hotel with swimming pool next to the sea

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Cyprus, Paphos
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683 m²
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12 Bedrooms
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12 Baths
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ID CY176723

€2,350,000

683 m²
Property sold
This property is sold, but we will help you find another one
Elena KozyrevaExpert on real estate and permanent residency by investment in Cyprus
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Cyprus Permanent Residence

€300,000+9+ months

Property is eligible for Cyprus Permanent Residence by Investment Program

Learn more

Cost

Property cost

€2,350,000

Purchase taxes

5, 19% НДС

State fees

0,2%

Registration cost

1%

Distances

Sea 300 m
Infrastructure 200 m
Airport 15 km

Yield and management

Yield

5-6%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

The project is represented by a boutique hotel consisting of 12 studios. The total area of the project is 683 sqm, which also includes covered parking (62 sqm) and outdoor parking (53 sq.m.). Plot area - 724 sqm.
The cost of the project is 2,700,000 euros.
The project is located in the heart of the tourist area of Kato Paphos, a short walk from the harbor with colorful fishing boats and yachts. The promenade is lined with many restaurants, cafes and shops.
The studios are spacious open plan living spaces with beautiful views. Modern luxury finishes complete the architectural concept. The main aesthetic of the residence harmoniously combines modern comfort with the latest technology.
The studios are partly furnished. A complete set of furniture is available for an additional fee. The kitchen with granite worktops is equipped with built-in appliances. The bathroom is fully tiled and finished to a high standard. The studios have their own balconies and verandas.
The complex features an outdoor swimming pool with sun loungers, surrounded by landscaped gardens.
Additional characteristics:
  • Concierge service
  • WiFi
  • CCTV
  • Solar panels
  • Pressurized water supply system
  • double glazing
  • Smoke detectors in all rooms

Real estate

Object type

Apartments, Hotel

Object category

New

Object stage

Design

Permits

Yes

Object completion date

12-14 months after the signing of the sales contract

Design features

Ownership

Characteristics

Total area

683 m²

Residential ares

307 m²

Plot area

724 m²

Number of storeys

4

Land area

Covered

Bedrooms

12

Baths

12

Parking

Yes

Renovation

Standard

Furniture

Partially furnished

View

Sea, Plot, Pool, Garden

Equipment

Split system conditioning

Properties

Elevator
Balcony
Covered deck
Public pool
Concierge desk
Garden on the plot
Solar panels
Internet
TV

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