CYPRUS. KATO PAPHOS. Exclusive hotel near the beach.
Cyprus. Kato Paphos. Out-of-market exclusive properties for sale. Very attractive to investors, the hotel is just 800 metres from the sandy beach, near the harbour and only 25 minutes drive from the International airport. The hotel is open all year round. The temperature of the air in winter time is normally 14-18°Celsius above zero. Nearby are shopping centers, restaurants, bars, cafes, boutiques. The hotel has 127 double rooms, apartments, swimming pool with Jacuzzi, restaurant with terraces, sauna, TV rooms, gyms, Billiards, Parking, Laundry. In each room bathroom with sanitary pack, fan, safety Deposit box, led TV, balcony with a table and several chairs, satellite TV, air conditioning and heating. Free WI-FI throughout the hotel. The studios and apartments are equipped with kitchen furniture and appliances. There are diligent for the disabled. We have exclusive rights to sell this property. This is a very profitable business for investors. Price 13 500 000 € below market. Profitability is about 13.5% per year. We can help to increase yield up to 18% per year after the investor buys the hotel.