Share in the hotel complex managed by Radisson

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Cyprus, Limassol
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ID CY28949

from €1,000,000

Elena Kozyrevaexpert of the Cyprus residence permit program for investment
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Cyprus Permanent Residence

€300,000+6+ months

Property is eligible for Cyprus Permanent Residence by Investment Program

Learn more

Cost

Property cost

from €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 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

Location