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Property for Sale: Investment (Hotel Apartment) in Agia Napa, Famagusta | 1stclass Homes IL

Property for Sale: Investment (Hotel Apartment) in Agia Napa, Famagusta  | 1stclass Homes IL
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Property for Sale: Investment (Hotel Apartment) in Agia Napa, Famagusta | 1stclass Homes IL

For Sale

€2,500,000

Web Reference :

 #25824

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Property for Sale: Investment (Hotel Apartment) in Agia Napa, Famagusta  | 1stclass Homes IL

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Bedrooms
25
Year Built
11+ years old

Description

The complex is located in the heart of Ayia Napa. The village of Ayia Napa is the most popular place in Cyprus and every year millions of tourists visit the place. Ayia Napa attracts many investors because it offers high returns.

The complex consists of 13 good size one-bedroom apartments and 12 studios. The specific complex is open all year round, working and rented out to holiday makers. All studios and one bed apartments at complex are spacious and bright with own balcony/veranda. All apartments have their own bathroom/shower.

 LOCATION:

  • Nissi beach: 250m
  • Sandy beach:600m
  • Ayia Napa centre:200m
  • Larnaca international airport is located 40km far from the property
  • Quiet neighbourhood

The Hotel apartments, reception and cafe restaurant are of 1,039 sq meters of covered area. There is an additional 236 sq meters basement which used to be a separated small nights club in the past but is closed nowadays.

The complex can acquire extra building density of 20% and can extend present hotel apartments to additional 10 rooms.

Additional Details

  • Plot Area: 1930 m2
  • Covered Area: 1184 m2
  • ROI: 6.4 %
  • Completion Year: 1990

Features

  • Furnished
  • Kitchen
  • Reception

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    30 Years Fixed, 3.5% Interest
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