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2 Bedroom Apartment for sale in Tsada, Paphos

Tsada, Paphos, Cyprus
2 Bedroom Apartment for sale in Tsada, Paphos 204 Tsada
885000 €885,000  ($949,126)
2 Bedroom Apartment
Tsada, Paphos

€885,000  ($949,126)

VAT Applicable not included in the price
My Space Real Estate

My Space Real Estate

Myspace Real Estate & A.SP.S.Thinkrealty – Reg. #396665 | License # 1047-229/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 $33,219

Average Bank Rate (€885,000)
1 USD = 0.9009 EUR
$982,345

Mid-market rate (€885,000)
1 USD = 0.9324 EUR
$949,126

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: 1176098 (1376)
  • Bedrooms: 2
  • Bathrooms: 2
  • Total covered area: 119 sqm
  • Verandas: 6 sqm
  • Communal swimming pool
  • Newly built

Description

INVESTMENT BENEFITS
Ezousa Suites are more than just a safe and secure investment, it is a chance for discerning buyers to be part of this pioneering 360 degree lifestyle of holistic living. Key benefits include:
- Based on 70% occupancy and a room rate of 225 Euro per night, the estimated average annual return is 5.8%.
- During the 10-year term, the property will be furnished, managed and operated by Minthis Resort Ltd as boutique suites with all hotel
services. During the term there are no additional ownership costs and all operating and maintenance expenses are covered by Minthis Resort Ltd.
- A recent law passed in 2019 allows the VAT of 19% to be claimed back when investing in integrated hospitality resorts, that are
operated by a vatable company like Minthis Resort Ltd.
- The construction of Ezousa Suites has begun, the delivery is scheduled in spring 2024.
- Stay at Minthis and enjoy the lifestyle in one of the Suites for 14 days each year.
Furthermore, as this is a unique product on an award winning world-class resort with unimaginable facilities, it is anticipated to have a high capital appreciation return of around 3% a year.

Disclaimer - Property reference 1176098. 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.

We SOLD 712 properties in Tsada and nearby areas! We know our local area and we can sell your property in record time and for the best price.