Boutique Hotel in Limassol / Historical Center №29639

You have a unique opportunity to become the owner of a luxury Boutique Hotel in the heart of Limassol. The building of high historical value for the island. The project provides for a complete reconstruction of the building and creating a comfortable hotel with 22 rooms. Advantages of the project: • All necessary approvals have been obtained from the city's urban planning authorities and the Department of the cultural heritage of Cyprus • Received permission from the Ministry of tourism of Cyprus (CTO) • Signed a contract with a contractor • Yield of about 17% per annum. The cost of the turnkey project includes the commissioning of the hotel and all the necessary furniture. IMPORTANT! Boutique Hotel-ideal for an investment program to obtain a passport of the Republic of Cyprus. Should you have any questions about the project - let us know. We will glad to assist.