Avenue
- 39 fully renovated units
- Prime central location
- Contemporary architectural style
- Easy access to beach and city attractions
- Serviced Holiday Apartments
- Short-term self catering accommodation
Project Overview
Avenue is a modern residential development located exactly next to DownTown Park and just steps away from King’s Avenue Mall in Paphos. Featuring 39 stylish units, this project offers contemporary living within walking distance to the beach (500m) and a wealth of local amenities. Avenue combines prime location with modern architecture, making it an excellent choice for both permanent residents and investors. (Total 2,000m2)
Gallery
Neighbourhood
Frequently Asked Questions
- What services does KK Hospitality offer?
Depending on the project and agreed scope, KK Hospitality can provide or coordinate services across the property investment and hospitality lifecycle, including:
- Selecting the right location and concept for your investment
- Feasibility Study of the business model
- Preparation of Architectual plans, design and construction costs evaluation
- Securing the bank financing for the project if necessary
- Construction supervision
- Operational launch of the property
- Operational management
- Supporting exit from the investment.
What return can I expect for my property?Returns on investment vary and depend on a range of factors. Properties selected with our guidance typically deliver significantly higher yields than independently chosen ones. For individual apartment or house purchases, rental returns are generally around 5%. Larger hospitality and renovation projects can achieve returns of 10% to 12%. These figures represent indicative historical or target returns only. Actual results are not guaranteed and will depend on the specific property, market conditions, costs, and operating performance.
At which stage of investment process, you can be involved?The sooner the better. We have a substantial knowledge of the operational rental business, and we can identify issues and opportunities for each case promptly. You would get immediate results and understand our value from our first involvement.
What are the requirements for the properties to be operated under KK Hospitality management?The main requirement would be the hospitality potential of the property. This means good location, views, size, facilities and number of units. Contact us for a free quick assessment.
