Paphos District, Kato Paphos

The hotel is located in the heart of Kato Pafos, within easy walking distance from all amenities. 150 meters away from the nearest sandy beach and only 800 meters away from the picturesque harbour and the UNESCO archaeological site. The property is well connected with public transport and it is within 25 min from Paphos Airport. Property Information: Property was built in the 1980’s. It’s fully licensed by the Cyprus Tourism Organization to operate as Hotel Apartments category B. The hotel was closed in 2010 due to owners retirement. Recently the owners have received new licence Category Lux convert it into All Suite Boutique Hotel. The new architectural plans for renovation consist of 16 suites, breakfast area, restaurant and coffee shop, exhibition hall, gym and wellness centre, games area, terrace and swimming pool. First and second floor will accommodate 8 suites, There is also the potential of using roof. THE PROPERTY IS FREEHOLD. Hotel Characteristics: In need of renovation All licenses obtained for renovation and extension Close to the harbour and beach Excellent location Kato & Pano Paphos- Paphos is a beautiful coastal city in the southwest of Cyprus and the capital of this district. Paphos is broken down into two parts Kato Paphos (lower) and Pano Paphos (upper). This is a vibrant city full of the hustle and bustle of local life with plenty of restaurants, tavernas, bars and nightlife. Paphos was selected as a European Capital of Culture for 2017 and has undergone an exciting regeneration program. The Old Centre of Paphos is visually pleasing with many historic colonial buildings which house the areas government institutions. Purple Real Estates are fully registered and licensed with the Cyprus Real Estate Association. PURPLE is home to some of the finest properties in Cyprus. With offices in Famagusta, Larnaca, Paphos our ample portfolio is sure to contain something for everyone. We have a wide range of property to meet any budget and can assist you whether you are looking for a permanent residence, holiday home or an investment property. From your first contact with Purple you’ll be assigned to a specific sales consultant. One whom we feel is appropriate for your needs. Many members of PURPLE speak excellent English, Russian and Greek, so language will never be an issue. Your Sales Consultant will always be on hand to help you and guide you through the buying process, answering any questions and provide you with anything you may request, for example: Independent advice and recommendations on legal services Liaising with property developers, throughout the construction period if the purchase is off plan Getting quotes for any additional works that you’ve asked for from trusted suppliers Guidance with property rental opportunities Be there for any problems that may arise PURPLE will be there from start to finish!