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Licensed Hotel Apartment Complex – Prime Paphos Location
An exclusive opportunity to acquire a fully licensed hotel apartment complex in the vibrant heart of Paphos — just steps from the King’s Avenue Mall, Tombs of the Kings, and the Limanaki Harbor.
? Prime Central Location
Located in the Ayios Theodoros Quarter, this property enjoys dual access from two public roads and sits only:
600 meters from the Mediterranean Sea
1.5 km from the bustling harbor and promenade
This central position benefits from strong tourist demand year-round, making it ideal for short-term rentals, holiday apartments, or full hotel operations.
? Turnkey Investment Opportunity
The complex features:
39 fully furnished apartments across 3 blocks
Studio, 1-bedroom, and 2-bedroom units
Reception area & guest services
Restaurant and cafeteria space
Indoor and outdoor swimming pools
Fully equipped gym and sauna
Total covered area of 2,500+ m² on a 2,600 m² plot
All infrastructure and amenities are in place for immediate relaunch or repositioning.
? Multiple Reuse Possibilities
Last renovated in 2015, the property is structurally sound but would benefit from interior modernization. Huge potential to:
Relaunch as a boutique hotel, branded apartment hotel, or holiday rental complex
Convert into student accommodation, supporting the city’s growing academic presence
Rebrand for medical tourism, wellness retreats, or hybrid hospitality/residential use
Location on the map
Cyprus, Paphos Municipality
Healthcare
Food & Drink
Leisure
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