Hotel 730 m² in Paphos, Cyprus

Hotel for sale with an area of 730 square meters. In paphos. The hotel is located on 2 levels. The second floor consists of 7 bedrooms, 4 living rooms with kitchen, 2 living rooms, 6 bathrooms. The third floor consists of 11 bedrooms, 5 living rooms with kitchen, 5 bathrooms. The facility has solar panels to heat water, air conditioning. The property is for sale furnished. Real estate includes a parking space, a garden. The owners have a community pool in the area. Aparth - The hotel is beautifully located in the center of Paphos, within walking distance of equipped beaches, shopping malls, tourist and historical attractions. In front of the entrance of the hotel aparth - there is a bus stop. From there, in less than 1 per hour, you can reach such emblematic places as the Aphrodite Stone, the Coral Bay and the Troodos Mountains. It is also very important that from the hotel aparth - you can easily get there from the airport by public transport in just 30 minutes. Competitive advantages: * - pool in this segment and place is a unique advantage that all competitors lack.* Thanks to the combined use of seasonal prices and target consumers, the ATHINAS COURT load is 75% of the number of rooms on average per year.* Higher income due to the implementation of the idea and lacquo; Hotel without staff and raquo; and high business automation processes - significantly reduce fixed costs. Prospects: The Government of the Republic of Cyprus has made a number of changes to the country's tourism legislation since 2020. In particular, the conversion of basements into tourist homes is now allowed. This allows you to equip four more double rooms of the hostel type in the hotel. Therefore, income will increase by 31%, which can generate additional income. In 2021, in accordance with the new law, it became possible to adjust another floor. This will increase the number of rooms in 12 double rooms, which will give an increase in income.