Serviced Apartments
Overview
TYPE
APARTMENTS
AREA
SOUNI
LOCATION
RULAR
BEDROOMS
2
BATHROOMS
2
TOTAL COVERED AREA
100m2
ENERGY EFFICIENCY GRADE
A++
Price
Starting from €380000 +VAT
An innovative option designed ideal for digital nomads and investors. These high-end, well-sized 2-bedroom apartments are managed by a subsidiary management company and operate on a short-term rental model. Buyers of these units will:
- Stay Flexibility: Have the right to stay in their apartments FREE for 4 weeks annually or more at a discounted rate.
- Rental Management: Entrust the subsidiary company to manage and rent their apartments for the remainder of the year.
Profit Sharing: Receive proportional shares of the total rental income generated by all serviced apartments, distributed based on the size (square meters) of their units, irrespective of their individual unit’s performance. This arrangement offers owners a combination of flexibility and steady income, making it an ideal option for digital nomads who can live in Cyprus part-time while earning rental income during their absence.
