La Gioia, Limassol

We are pleased to offer you an exceptional investment opportunity — an apartment hotel in one of the most sought-after areas of Geramasoia, just 350 meters from the sea and next to the famous Dasudi Park. This excellent location is ideal for both short-term and long-term rentals, which makes the property an excellent option for an apartment-hotel business.

The building with a total area of 1,677 m2 is located on a plot of 1,000 m2. There are 26 apartments in it: 12 one-room apartments, 13 studios, 1 two-room apartment, as well as a room for the manager, a beauty salon and an office. There are also two beautifully decorated roof gardens with scenic views.

The building is equipped with modern amenities and will be transferred with installed electronic devices such as air conditioning systems, fully equipped kitchens and bathrooms. However, upholstered furniture will not be included, which gives you the opportunity to individually decorate the interior to your liking.

In addition, the building is equipped with a complete photovoltaic system for the entire building and for each apartment, as well as a deep-water well, which makes it non-volatile in terms of both electricity and water. This significantly reduces the operating costs of running a business.

Additional benefits include energy-saving panels, heating systems in each apartment, a private well and water tanks. The complex also has an outdoor swimming pool with a heated Jacuzzi, fiber optic lights, showers and changing rooms. There is a bar area and 14 private parking spaces for guests.

A five—storey building with an additional roof garden on the sixth floor is sold through an SPV (special purpose enterprise), which avoids VAT on purchase - this is a significant cost savings.

Due to its excellent location, first-class facilities and energy-efficient systems, this facility represents a profitable opportunity for investors interested in the rapidly developing hospitality sector in Limassol.

For more information or to sign up for a free investment consultation, please contact us.