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A 2500 m2 hotel complex for sale in the area of Kato Paphos, Paphos. The apartment complex includes 39 fully furnished units of various types, studios, apartments with 1 and 2 bedrooms, reception, restaurant, cafeteria, gym, sauna, indoor and outdoor pools, balconies, storage rooms. The property is fully furnished, equipped with elevators, alarm system, parking and all necessary infrastructure for the hotel business. The property is located just 500 m from the sea and 1.5 km from the harbor, with access from two public roads. The complex was renovated in 2014-2015, energy efficiency class C, is offered as a ready-made business with the potential to restart hotel activities or convert into student housing.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
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