Bazaraki
Property 6397652
Paphos · EUR 6,000,000 · 8
This is a turnkey hospitality asset with excellent reputation, repeat clientele, and significant potential for further growth. Property Overview Covered Area: approx. 2,500 m² Energy Class: C Units: 39 fully furnished apartments (studios, 1-bed & 2-bed units) Renovation: Fully renovated 2014–2015 Amenities & Facilities Reception area Restaurant & cafeteria Indoor and outdoor swimming pools Gym & sauna Landscaped garden areas Elevator Parking Alarm/security system Balconies & storage spaces Location 500 m from the sea 1.5 km from Paphos Harbour Dual access from public roads Walking distance to beaches, historical sites, shops, and nightlife Investment Potential The property is fully booked year-round, providing immediate income from day one. Beyond its successful hospitality operation, the asset offers strong upside potential: Relaunch or upgrade as a premium hospitality brand Convert into student accommodation, driven by the rapid growth of universities in Paphos Long-term high-yield investment in a thriving tourism market A rare opportunity to secure a high-performing hospitality asset in one of Cyprus’ most vibrant coastal locations.
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