ROI Assets Residential in Larnaca for sale

An established, fully operational lifestyle residential building in the heart of central Larnaca, comprising 26 fully furnished studio and one-bedroom apartments.

Designed to boutique hospitality standards, the property features contemporary interiors, premium communal spaces, co-working areas, a landscaped outdoor patio, and a rooftop terrace with a splash pool and panoramic city views—all just a two-minute walk from the city's cafés, restaurants, and cultural attractions.

As a turnkey investment, it provides immediate ownership of a proven, income-generating asset with a strong operational track record. Offered at an asking price of €6.8 million, the property currently generates €360,000 in guaranteed annual income (€30,000 per month) under its existing long-term lease agreement.

For investors seeking greater returns, transitioning to a self-managed operating model presents significant upside, with projected annual revenues of approximately €997,000 under a conservative scenario and up to €1.3 million under an optimistic scenario, while maintaining the property's established guest rating of 9.1–9.4.

Combining reliable day-one cash flow with substantial value-add potential, it represents a rare opportunity to acquire a premium hospitality asset in one of Cyprus' most sought-after urban locations.

ROI: 5.29%