Description

The fine complex of apartments under control of the known hotel chain is located in Larnaca. The management company of hotel chain has been founded in 1946, in its management there are about 4.000 hotels.

According to statistical data, hotels in the region of Larnaca are populated 328 calendar days in year that guarantees profitability of investments into hotel projects.

Object under construction (Delivery term: 2020)

Additional services

There is management company

The guaranteed profitability: 4% for 3 years with possibility of extension of the contract.

Services and conveniences

• Round-the-clock reception 24/7
• Completely equipped gym
• Improving complex with procedural cabin, sauna and steam bath
• Conference room
• Pool
• Cafe

1. Whether it is property?

Each apartment is registered as property "фрихолд". As for the immigration law of CBI, such apartments can be also considered within investments into the residential real estate and each unit worth not less than 500 thousand euros can be registered as the constant private residence of the investor.

2. Title

Standard title with the right of possession of property. Titles are given in Department of the land registry of Cyprus.

UK is used for management and branding of the building. The project has been designed so that to meet legislative rules and rules of Management of planning of housing stock.

3. Rent under management

Apartments will surrender on short or long-term basis, considering arrangement of the project and its trade name.

The project includes such conveniences as the pool, cafeteria, Spa, gym etc. which promote for leasing of your apartment.

4. Apartments

The studio and single apartments registered as residences with the right for property.

5. Kitchen

The small kitchen will be in each apartment, but it will not disturb esthetics of the room and the UK brand.

6. Accommodation of the investor in apartments

The investor has the right for free accommodation within 14 days in year, on condition of preliminary armor.