Commercial property 640 m² in Paphos District, Cyprus
Cyprus
€1,80M
Location
Property characteristics
Property parameters
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Total area640 m²
Description
Renovated Apartment building ready business, with 14 studios and 2 apartments renting shorterm throughout the year. A great up and running business offering holiday accomadation, with a fantastic average review rate of 9.1 out of 10.
Located in the heart of the city where all the amenities, beach, restuarants, malls and sites are in walking distance. Also ideal for student housing due to the close proximaty to the new Universities opening September 2023.
The business generates about 130,000 euros to 160,000 euros per year after all taxes and expenses.
An excellent investment opportunity as there is availability for more apartments to be built, by expanding
Distances:
350 meters from the famouns touristic road of Tomb of the Kings
900 meter from the Sandy Beach
700 meters from the Paphos Kings Avenue Mall mall
600 meters from the New Univercity of Beirut
Posted at: 23/05/2024
Updated at: 01/06/2024
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Cyprus
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