- 27,285,000 €
- 4.7% yield
- Universal Investment projects 21,000,000 €
- Basic parameters
- Photo
№ 2,433,129
All photos
Investment project 11,220 m² in Universal
21,000,000 €
1,871 € /m²
- Total area 11,220 m²
- Yield —
- Lease term —
- Constructed —
Key project parameters
- Total area
- 11,220 m²
Project description
Houses the University Paphos since its inception in 2010, following a renovation and parttransformation into a university building− Previously operated as an 193? room hotel? Located 500m from the sea front, on a central commercial and tourist axis− surrounded by hotels, shops and restaurants− within 10 minutes from Pafos International Airport and direct access to motorway? Technical characteristics: − Basement, Ground floor and three additional floors− Built area: 11,220 sqm− Teaching facilities & offices: 4,660 sqm− Dormitory rooms (88): 1,980 sqm− Service&common areas, indoor&outdoor pools, cafeteria, etc.: 4,580 sqm− Plot land area of 14,930 sqm− Plot within flexible planning zone, enabling residential, commercial and tourist use? University is a fast? growing European Union accredited University with >1,500 students that providesa wide range of undergraduate and post graduate courses
Tenants
- Agreement
- n/a
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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