It’s a hotel-apartment complex in Famagusta, Republic of Cyprus, the Mediterranean’s third largest island. It is situated at the south and of Turkey. The island is a popular tourist destination, attracting more than 2 million visitors each year from all over the world.
The project consists exclusively of 0+1, 1+1, and 2+1 apartments ranging in size from 56 to 130 m2.
The project is a promising investment prospect as it provides comfortable, fully furnished summer houses for rent, particularly during peak seasons.
Furthermore, for purchases made with cash, the project management guarantees a 4-year rental income guarantee with an annual return of 8%.
Project Concept: Hotel apartments
Land’s Area: 44,000 m²
Delivery Date: 2024
Units Types: 0+1, 1+1 and 2+1
Size Range: 56 – 130 m²
Units Number: 1000
Floor Number: 13
Blocks Number: 5
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