Share in the hotel complex managed by Radisson
Cyprus, Limassol
ID CYP222271
Object sold
Share in the hotel complex managed by Radisson
€1,000,000
Cyprus, Limassol
ID CYP222271
Cost
| Property cost | €1,000,000 |
| Registration cost | 1% |
| State fees | 0,2% |
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Distances
Sea 200m
Airport 9km
Infrastructure 50m
Yield and management
| Yield | 3—7% |
| Property management | Yes |
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
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Real estate
| Object type | Hotel complex, Share |
| Object category | New house |
| Object stage | Ready |
| Permits | On hand |
| Year of construction | 2018 |
| Design features | Ownership |
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Characteristics
| Number of storeys | 5–16 |
| Parking | Yes |
| Repair | Standard |
| Furniture | Furnished |
| View | sea, city |
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Equipment
Properties
Elevator
Public pool
Concierge desk
SPA
Gym
Garden on the plot
Security
Internet
TV
Location
Object sold
€1,000,000
Zlata Erlach investmentprograms 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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