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Aapartment hotel with high rental income in Paphos

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Object №38676
City: Paphos
Area: Kato Paphos
Living space: 620 m²
Total area: 730 m²
Floor: 2
Storeys: 2
Windows: Sea and mountains view

Additionally:

Pool: Yes
Appliances: Yes
Furniture: Yes
Air conditioning: Yes
Parking: Yes
Kitchen: Yes
Elevator: Yes
Restroom: Yes
Payback: 11 years
IRR: 9,8%
ROI: 9,8%
€ 1 300 000
PDF  
info@dom.com.cy
+357 25 212 212

Description:

DOM offers you an investment opportunity to become the owner of an apartment hotel in the heart of tourist Paphos!

The excellent location of the hotel in the heart of the city provides easy access to the equipped beach, shopping centers, tourist and historical attractions.

The hotel was fully restored in 2018 and has been operating since 2000. In recent years, it has shown a 9.8 % annual return on year-round operation and a 7.8% return on operation from April to October.

The accommodation consists of 11 fully equipped apartments from 1 to 3 bedrooms. On-site parking for guests and a swimming pool are available.

The apart-hotel has high ratings on booking and other travel sites. There are already reserved apartments in the current season.

On the ground floor of the hotel, you can make 4 additional apartments to increase the annual rental yield.

DOM offers you an investment opportunity to become the owner of an apartment hotel in the heart of tourist Paphos!

The excellent location of the hotel in the heart of the city provides easy access to the equipped beach, shopping centers, tourist and historical attractions.

The hotel was fully restored in 2018 and has been operating since 2000. In recent years, it has shown a 9.8 % annual return on year-round operation and a 7.8% return on operation from April to October.

The accommodation consists of 11 fully equipped apartments from 1 to 3 bedrooms. On-site parking for guests and a swimming pool are available.

The apart-hotel has high ratings on booking and other travel sites. There are already reserved apartments in the current season.

On the ground floor of the hotel, you can make 4 additional apartments to increase the annual rental yield.

Read more ...
More info:
Rostislav Bondar
Location:
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Компания «Dom Real Estate» Контакты:
Адрес: Limassol, Cyprus,
Телефон:+357 25 212 212, Электронная почта: info@dom.com.cy
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