Buy 16 Bedroom Apartment, €1,980,000
🇨🇾 Cyprus, Paphos District (Pafos), Paphos, Kato Paphos - Tombs of The Kings
700
16
16
874
About the Property Apartment
Rooms
16
Bathrooms
16
Total Area
700
Total area land
874.00
Deal Information
Type
Sell
Price
€1,980,000
Price Type
Full Price
Price per m²
€2,828.57
About Mortgage
Mortgage Payment
€9,798/mon.
Salary
€19,596/mon.
Mortgage
Down Payment
EUR
0%
20%
30%
60%
Interest Rate
  %year
Amount
EUR
Term
  year(s)
Total
€6,777.78/mon.
Overpayment €109,228.6
Investment Indicators
Radius 1.8 km.
Total Area ± 5 m²
Description
Welcome to an extraordinary investment opportunity in the heart of Kato Paphos, where luxury and convenience converge in this remarkable 16-bedroom residential building. Situated near the iconic Tombs of the Kings, this property stands as a testament to sophistication and potential. Boasting a total of 16 bedrooms, the building is thoughtfully divided into 2 one-bedroom apartments and 14 fully furnished studio apartments, each meticulously designed for both comfort and style. The property is being offered fully furnished, ensuring a turnkey solution for investors looking to seamlessly transition into the world of hospitality. This residential gem is not only a promising investment but also an established and operating business, with a thriving year-round Airbnb presence. The 14 studio apartments cater to a diverse range of guests, while the two one-bedroom apartments provide a touch of luxury and privacy for those seeking a more exclusive experience. Designed with guest convenience in mind, the building features a welcoming reception area that sets the tone for the property's warm hospitality. A well-equipped laundry space ensures efficient operations, while private parking adds an extra layer of accessibility for both guests and residents. The property's pool area, currently covered, presents a versatile space that can be easily adapted to suit various needs. Whether you envision an uncovered pool for sun-soaked relaxation or a transformed communal space for events, the potential for creative use is boundless. Moreover, this investment comes with the added assurance of Title Deeds, providing a secure and transparent transaction process. The strategic location near the historic Tombs of the Kings enhances the property's appeal, attracting history enthusiasts and tourists alike. Whether you are looking to diversify your investment portfolio or embark on a new venture in the hospitality industry, this property offers a compelling proposition. Its strategic location, thoughtful design, and operational success make it a turnkey opportunity for those seeking a thriving business in the vibrant heart of Paphos. Don't miss the chance to own a slice of luxury and investment potential in this enchanting Mediterranean destination.
Nearby Brands
Pizza Hut 346 m
 
 
€1,980,000
Price Full Price
Sarah Hibbett ID 121
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Ref: 3546 Cyprus, Paphos, Kato Paphos - Tombs of The Kings
Price and availability information updated 4/24/25
 
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