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NEW HOMECOMMERCIAL

Paphos, Cyprus

€845,000
SLV Estates UK, Limassol
PROPERTY TYPE

Commercial Property

BEDROOMS

2

BATHROOMS

2

SIZE

969 sq ft

90 sq m

Key features

  • Balcony
  • Bathrooms: 2
  • Bedrooms: 2
  • Built In Closets
  • Communal Pool
  • Covered Parking
  • Covered Terrace
  • East
  • Electricity
  • En Suite

Description

Stylish 2 bedroom apartment as a ‘hassle free’ investment in Minthis Hills with competitive returns and attractive benefits for the investor.

Delivery date - 20 months from signing date.
Price + VAT

These apartments provide a unique concept where guests can stay amongst nature, in spacious, private 2-bedroom suites and enjoy a new experience which includes all the amenities and facilities of a luxury boutique hotel, and more.

Now is the perfect time to invest at the Project, because all the facilities and infrastructure at the resort is near to completion, making it an exciting new lifestyle destination.

Orientated to the East there is a distinct air of tranquility in this private home. The ergonomic inside instinctively flow’s onto large verandas that offer the perfect place to watch the sunrise and reflect on the beauty of life.

A contemporay two-bedroom apartment, that is the pinnacle of low maintenance, high luxury living. With high ceilings and full-height windows on both sides unifying the inside and outside.

Covered veranda - 21.5 m2
Uncovered veranda - 14 m2
Total covered - 111.5 m2

INVESTMENT BENEFITS
This is 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 73% occupancy and a room rate of 338 Euro per night, the estimated average annual return is 5.5%.
§ During the 10-year term, the property will be furnished, managed and operated by Resort management 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 the Company.
§ 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.
§ The construction has already begun, with the delivery is scheduled in 2024.
§ Stay at the Resort 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.

Investing at a resort is a safe proposition because the properties come with a wide range of facilities, the higher the quality of the onsite amenities, the greater the likelihood of being able to rent them.

The resort features:

The destination Spa is now open offering a unique wellness experience with a philosophy that focuses on the restorative power of local herbs and minerals, blended with ancient Greek healing methods and contemporary sciences to rejuvenate, relax and restore.

25m heated indoor pool
Hydropool
Thermal Suites
State-of-the-art Gym
Yoga Studio
Sensory Courtyard
8 Treatment rooms
Manicure & Pedicure
Hair Salon

The Plateia, is a central lively square with lounge restaurant, souvlaki grill, gelato, bar (now open), a home-concept store, a wine cava, art gallery and other boutiques selling curated and essential items.

Sports Ground with 6 tennis courts & mini-football pitch
Cycling & Mountain bike paths
Horse Riding
Adventure Playground

Paphos, located on the southwestern coast of Cyprus, is a captivating destination that offers numerous compelling reasons to consider buying property. With its rich history, stunning natural beauty, favourable climate, and flourishing real estate market, Paphos has become an increasingly popular choice for investors and homebuyers alike.

Paphos, Cyprus

NEAREST AIRPORTS

Distances are straight line measurements
  • Pafos(International)
    7.6 miles
  • Ercan(Local)
    60.5 miles
  • Larnaka(International)
    64.2 miles
Advice on buying Cypriot property

Advice on buying Cypriot property

Learn everything you need to know to successfully find and buy a property in Cyprus.

About SLV Estates UK, Limassol

8 Mesogi Avenue, Mesogi, Paphos, 8280

Welcome to SUNSHINE LUXURY VILLAS LTD, one of the leading Property agents in Cyprus for over 15 years. We have offices in the UK and Cyprus.

Our Company was founded in 1999 by Paul Hann and since then we been involved in selling properties around the whole island of Cyprus and the company has grown from strength to strength. We have also built several projects on the island so our experience is multi faceted.

Sunshine Luxury Villa’s energetic and innovative team run by the owner’s, a husband and wife team, quickly earned a reputation for giving both our clients and our sellers a ‘second to none’ service in the purchase or selling of their property. It is our policy to always ‘go the extra mile’ for our customers.

We know that your home, villa or apartment is a valuable possession whether it be for investment, relocation or holiday home. We also understand that, whether you have a budget of 50 thousand or 25 million, you deserve the same personal service.

Sunshine Luxury Villas have an exceptional portfolio of properties for sale, having sought out some of the best value homes on the market in Cyprus today.

We will find your perfect property and we guarantee a good old fashioned service.

Choose Sunshine Luxury Villas Ltd for your next property purchase: We use a network of like minded professional Property Agents around Cyprus so we can do all the ground work for you in providing viewings with one company.

1. You will receive a level of personal service that is second to none. From your initial enquiry with Sunshine Luxury Villas you will be contacted by Cheryl Hann, our Operations Director, then Scott Toulson the Sales and marketing Director who can best assist you with your requirements.

We have lived in Cyprus for 10 years and been through the same journey in finding our family home, so feel we are the right people to advise you on property purchase throughout the whole Island of Cyprus and help you every step of the way.

2. Sunshine Luxury Villas select the best properties on the market at realistic or below market value prices.

3. We have a large number of properties on the market, if you cannot see the property you are looking for we can find it, as we partner with several other excellent agents and share stock

4. Sunshine Luxury Villas can offer you a choice of excellent lawyers that our clients have used for many years, to ensure your property purchase goes smoothly

5. As well as your property purchase we can help with any questions whether they are to do with relocating to Cyprus, schools, flying over dogs, furniture, assisting in organising transferring money at competitive exchange rate.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by SLV Estates UK, Limassol (reference PAMINOLIA32) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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