Complex Business for Sale: Five-Apartment Short Term Rental Investment in the Heart of Paphos

COMPLEX Business for Sale: Prime Five-Apartment Short-Term Rental Investment in the Heart of Paphos

Financial Highlights:

• Expected Annual Income: €180,000
• Expected Annual ROI: 15%

Property Overview:

• Total Apartments: 5
• Location: Kato Paphos, adjacent to Paphos Old Harbour
• Proximity: Walking distance to the beach, restaurants, pubs, shops, and tourist attractions

Apartment Details:

1. 1 Bedroom / 1 Bathroom – 58 m²
2. 1 Bedroom / 1 Bathroom – 56 m²
3. 2 Bedrooms / 2 Bathrooms – 83 m²
4. 2 Bedrooms / 2 Bathrooms – 83 m²
5. 3 Bedrooms / 2 Bathrooms – 86 m²

Asking Price: €1,200,000

Property Features:

• Condition: Fully renovated with brand new fittings and furniture
• Kitchens: Modern, fully equipped
• Windows: Soundproof, double-glazed
• Bathrooms: High-quality sanitary ware
• Climate Control: Air conditioning in every room
• Furniture: High-end, including modern sofa beds for additional sleeping options
• Security: Key safes and electricity card control
• Outdoor Spaces: Wooden pergolas on verandas

Area Description:

The old harbour area of Paphos is the main tourist hub, featuring a picturesque promenade along the shore. This walkway connects the old port and archaeological sites to the main five-star hotels, offering a seamless blend of history and modern amenities. Tourists frequent the area for its traditional fish taverns, vibrant nightlife, and easy access to the beach. The harbour is also the starting point for boat trips to Akamas National Park and the Blue Lagoon. Recent upgrades to streets and shops have given the area a fresh, modern look, further enhancing its appeal.

This business opportunity not only promises a strong return on investment but also positions you in a thriving tourist destination. With everything meticulously renovated and strategically located, these apartments offer an attractive proposition for short-term rental income.