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Hotel with guaranteed income not far from sea in Paphos

Cyprus, Paphos
ID CYP268027
Hotel with guaranteed income not far from sea in Paphos
Hotel with guaranteed income not far from sea in Paphos
Hotel with guaranteed income not far from sea in Paphos
Modern suites not far from sea in luxury complex in Paphos
Hotel with guaranteed income not far from sea in Paphos
Hotel with guaranteed income not far from sea in Paphos
Hotel with guaranteed income not far from sea in Paphos
Hotel with guaranteed income not far from sea in Paphos
Hotel with guaranteed income not far from sea in Paphos
Hotel with guaranteed income not far from sea in Paphos
Modern suites not far from sea in luxury complex in Paphos
Hotel with guaranteed income not far from sea in Paphos
Hotel with guaranteed income not far from sea in Paphos
Hotel with guaranteed income not far from sea in Paphos
Object sold
Hotel with guaranteed income not far from sea in Paphos
€5,900,000

900 m² • €6,556 m²

Cyprus, Paphos
900 m²
ID CYP268027

Cost

Property cost €5,900,000
Price for m2 €6,556
Purchase taxes 5,19% VAT
Registration cost 1%
State fees 0,2%
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Distances

Sea 500 m
Airport 12 km
Infrastructure 100 m

Yield and management

Yield 5%
Property management Yes

Description

This object is located in Paphos. All the necessary infrastructure is nearby: shops, restaurants, cafes, beaches, as well as sightseeing that attract tourists.

For sale is offered a hotel with 16 suites (apartments) located on the 1st-4th floors. The massage room can be converted into another suite after permission has been obtained. This low-rise luxury complex has windows overlooking the sea, pool, garden and surrounding landscape. Stylish architecture and decoration in soothing colors create a comfortable space and allow to enjoy the Mediterranean landscapes. Floor-to-ceiling windows fill the rooms with natural light.

On the “zero” floor there are: lobby, parking, common areas. There are 4 suites on each floor (1 – 4). On the roof there is a communal swimming pool, terrace and sunbathing area. When rented out under the management of a well-known brand, the guaranteed return will be 5%.

Advantages of the project:

  • convenient location
  • stylish design
  • large windows with panoramic views
  • environmental compliance
  • landscaped garden on the premises and on the roof
  • communal pool
  • sunbathing area
  • availability of parking
  • Gym
  • presence of a lobby
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Real estate

Object type Hotel complex, Apartments
Object category New house
Object stage Ready
Permits On hand
Design features Ownership
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Characteristics

Total area 900 m²
Number of storeys 4
Land area 644 m²
Parking Yes
Repair Standard
View sea, city, plot, pool, garden, road
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Equipment

Central conditioning

Properties

Elevator
Balcony
Public pool
Concierge desk
Gym
Roof garden
Garden on the plot
Terrace
Internet
TV

Location

Object sold
€5,900,000

900 m² • €6,556 m²

This property has been sold but we can help you find another one.

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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