Aapartment hotel with high rental income in Paphos / Kato Paphos №56621

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.