Paphos, Cyprus

Stylish 2 bedroom apartment as a ‘hassle free’ investment in Minthis Hills with competitive returns and attractive benefits for the investor.

Ready apartment
Price + VAT

These apartments provide a unique concept where guests can stay amongst nature, in spacious, private 2-bedroom suites and enjoy a new experience which includes all the amenities and facilities of a luxury boutique hotel, and more.

Now is the perfect time to invest at the Project, because all the facilities and infrastructure at the resort is near to completion, making it an exciting new lifestyle destination.

Orientated to the East there is a distinct air of tranquility in this private home. The ergonomic inside instinctively flow’s onto large verandas that offer the perfect place to watch the sunrise and reflect on the beauty of life.

A contemporay two-bedroom apartment, that is the pinnacle of low maintenance, high luxury living. With high ceilings and full-height windows on both sides unifying the inside and outside.

Covered area - 90m2
Covered veranda -23.20 m2
Uncovered veranda - 13.50 m2
Total covered - 13.20 m2

INVESTMENT BENEFITS
This is more than just a safe and secure investment, it is a chance for discerning buyers to be part of this pioneering 360- degree lifestyle of holistic living.
Key benefits include:
§ Based on 73% occupancy and a room rate of 338 Euro per night, the estimated average annual return is 5.5%.
§ During the 10-year term, the property will be furnished, managed and operated by Resort management as boutique suites with all hotel services. During the term there are no additional ownership costs and all operating and maintenance expenses are covered by the Company.
§ A recent law passed in 2019 allows the VAT of 19% to be claimed back when investing in integrated hospitality resorts, that are operated by a vatable company.
§ The construction has already begun, with the delivery is scheduled in 2024.
§ Stay at the Resort and enjoy the lifestyle in one of the Suites for 14 days each year.

Furthermore, as this is a unique product on an award winning world-class resort with unimaginable facilities, it is anticipated to have a high capital appreciation return of around 3% a year.

Investing at a resort is a safe proposition because the properties come with a wide range of facilities, the higher the quality of the onsite amenities, the greater the likelihood of being able to rent them.

The resort features:

The destination Spa is now open offering a unique wellness experience with a philosophy that focuses on the restorative power of local herbs and minerals, blended with ancient Greek healing methods and contemporary sciences to rejuvenate, relax and restore.

25m heated indoor pool
Hydropool
Thermal Suites
State-of-the-art Gym
Yoga Studio
Sensory Courtyard
8 Treatment rooms
Manicure & Pedicure
Hair Salon

The Plateia, is a central lively square with lounge restaurant, souvlaki grill, gelato, bar (now open), a home-concept store, a wine cava, art gallery and other boutiques selling curated and essential items.

Sports Ground with 6 tennis courts & mini-football pitch
Cycling & Mountain bike paths
Horse Riding
Adventure Playground

Paphos, located on the southwestern coast of Cyprus, is a captivating destination that offers numerous compelling reasons to consider buying property. With its rich history, stunning natural beauty, favourable climate, and flourishing real estate market, Paphos has become an increasingly popular choice for investors and homebuyers alike.