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Commercial Building
Tombs Of The Kings, Paphos

€6,000,000  ($6,929,919)

Fox Smart Estate Agency Limassol

Fox Smart Estate Agency Limassol

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $242,547

Average Bank Rate (€6,000,000)
1 USD = 0.8365 EUR
$7,172,466

Mid-market rate (€6,000,000)
1 USD = 0.8658 EUR
$6,929,919

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1910069 (30816)
  • Plot: 2600 sqm

Description

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

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

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.

Transfer fees
If buying as an individual
€236,600 ($273,270)
If buying on joint names
€233,200 ($269,343)

Disclaimer - Property reference 1910069. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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