Share in the hotel complex managed by Radisson
Cyprus, Larnaca
€1,000,000+
Elena KozyrevaExpert on real estate and permanent residency by investment in Cyprus
Cyprus Permanent Residence
€300,000+9+ monthsProperty is eligible for Cyprus Permanent Residence by Investment Program
Learn moreCost
Property cost
€1,000,000+
State fees
0,2%
Registration cost
1%
Distances
Sea 200 m
Infrastructure 50 m
Airport 9 km
Yield and management
Yield
3-7%
Property management
Yes
We will help you sell the object if you decide to exit the investment
Description
A new stylish hotel of the world famous Radisson chain opened in Larnaca in 2018. It offers rooms and suites with all modern amenities and panoramic sea views. The hotel is located in the Port of Larnaca area, close to the city's main attractions and entertainment. Location:
- 9 km from Larnaca Airport
- 1.5 km from the city center and Finikoudes beach
- 200m Port of Larnaca
Hotel:
- Consists of three buildings: 5, 12 and 16 floors
- The hotel has 106 rooms in total
Infrastructure:
- A fitness center
- SPA-center
- Premises for conferences and events for 400 people
- Open pool
- Restaurant
- Bar on the 16th floor (the highest point in the city)
- 240 parking spaces
Option: Investment from 1,000,000 euros in ordinary shares:
- 3% per annum for 3 years - then after the conversion of the share you receive dividends (6-7%)
- Dividends for owners of ordinary shares are, according to today's calculations, from 6-7% per annum
Real estate
Object type
Object category
New
Object stage
Ready
Permits
Yes
Design features
Share
Characteristics
Number of storeys
5
Land area
Underground
Parking
Yes
Renovation
Standard
Furniture
Furnished
View
Sea, City
Equipment
Central conditioning
Properties
Elevator
Public pool
Concierge desk
SPA
Gym
Garden on the plot
Security
Internet
TV
156 m²
2 
2 
