General description

Amazon Investments is pleased to present the exceptional opportunity to acquire this magnificent hotel apartment complex, located 850 meters from the closest blue flag organized beach, 100 meters from the buzzling bar street area, and one kilometer from the picturesque Old Town of Pafos. The business has been operating for more than 25 years with a loyal clientele. The 121-apartment complex features spacious rooms with twin beds, a sofa bed, and a kitchenette. In the amenities of the complex are included a 300 sq. m. swimming pool, a sun terrace with loungers, a supermarket, a small souvenir shop, a restaurant with a bar, and a small basketball area.

The hotel is one of the worst-performing hotels in the area in terms of ADR. The annual occupancy is 10% less in comparison with other hotels of its category.

Required improvements based on the analysis of Amazon Investments Hotel Management Department

  • An investor could easily transform the business into a four-star hotel through a reconstruction. Most existing amenities comply with the standards set by the Cyprus Tourist Organisation.
  • Change the outdated interior design
  • Rebranding by focusing on updated market data.
  • With the support of Amazon Consulting sign deals with local businesses to increase additional income from reference (introduction) fees (i.e. local restaurants, water parks, thematic parks, jewelry shops, real estate companies, etc.).
  • Reduce the dependence from booking.com by employing a sophisticated self-reliant marketing strategy (website, social network campaigns, etc.)

Profitability Ratios

Why cooperate with us

  • Massive experience as hotel owners for more than 40 years
  • We are professional investment advisers with expertise in the valuation of hotel and hospitality businesses.
  • Professional investment advisors. Our aim is to achieve maximum profitability for our clients.
  • Our conclusions and findings are based on a sophisticated investment analysis.
  • We have the largest hotel portfolio in Cyprus.
  • We have the largest database of hospitality projects in Cyprus
  • We respect the privacy of both the hotel owners and the investors
  • We can help you manage your hotel and create a passive income business

This property is handled by Mrs. Konstantina Kalogeropoulou (RU/EN). You can communicate with her on the phone: +357 26 600 684 or send an e-mail to [email protected]

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