This asset is a -for sale- Hotel, in Kato Pafos. It represents a unique opportunity to acquire a hotel situated in the heart of the tourist area in Kato Pafos, a minute’s walk from the beach, the picturesque fishing harbor and Ancient Fort of Pafos. The investment offers significant capital appreciation prospects and a potential for stable income yield.
The property provides a total surface 3.406 sq.m., in a land plot of 3.112 sq.m.. Specifically, the hotel is a complex of 84 twin rooms with a full capacity of 168 beds. Regarding the configuration, there is a a common use area of 550 sq.m. (reception area, lobby room, restaurant, bar and sitting area), swimming pool and 84 rooms. The hotel is situated in Kato Pafos, near the southwest coast of Cyprus, and 750 meters northeast of the small harbor of Kato Paphos and the Municipal Baths. The area of Paphos is one of the most attractive and popular tourist resorts in the island, enjoying a subtropical-semi-arid climate and a rapid economic growth in all fields.
Published date: 03/12/2019