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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 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
Learn more

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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