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Investing in studio apartments in Limassol's Old Town

7 March 2024

Limassol's Old Town has long been a sought-after location for real estate investments, and Stayone Suites is offering a unique opportunity with its 38m2 studio apartments.

These hassle-free investments come with a plethora of benefits, making them an attractive choice for investors seeking high returns, capital appreciation, and a seamless ownership experience.

1. High ROI: Up to 15% for Short Term, 10% for Long Term

Stayone Suites presents an enticing proposition with its high return on investment. Investors can enjoy up to 15% ROI for short-term rentals and a solid 10% for long-term leases.

What sets these studio apartments apart is the assurance of a 5-year rental guarantee.

During this period, the property will be fully furnished and professionally managed by a team of experts, ensuring a hassle-free income stream for investors.

2. Capital Appreciation: Ideal Timing for Investment

Investors looking for capital appreciation will find the current pre-launch prices of Stayone Suites to be particularly attractive.

The project offers a 10% discount during this phase, enhancing the potential for significant appreciation.

Additionally, the current prices are over 35% lower than the projected completed product, making it an ideal time to enter the market.

3. Zero Ownership Costs: A Simple and Attractive Proposition

Stayone Suites takes the complexity out of property ownership by offering a zero ownership cost structure for the 5-year term.

This means investors won't have to worry about additional expenses related to operating, furnishing, or maintaining their studio apartments.

All these costs are covered, making it a straightforward and lucrative investment opportunity.

4. VAT-Free Advantage: Recent Legislative Benefits

A significant advantage for investors is the VAT-free status.

A law passed in 2019 allows investors in integrated hospitality centers operated by a VATable company to claim back the 19% VAT.

This further enhances the overall return on investment, providing a boost to the financial attractiveness of investing in Stayone Suites.

5. Prime Location in Limassol's Old Town

Location is a crucial factor in real estate, and Stayone Suites excels in this aspect. Situated in the charming Old Town of Limassol, investors benefit from the historical and cultural richness of the area.

The strategic location ensures high desirability among tenants, adding to the overall appeal of the investment.

In conclusion, investing in studio apartments at Stayone Suites in Limassol's Old Town is a compelling opportunity for those seeking a hassle-free, high-yield investment with capital appreciation potential.

With a 5-year rental guarantee, zero ownership costs, attractive pre-launch prices, and the added benefit of VAT-free status, this investment stands out as a wise choice in the competitive real estate market.

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