Should a lessee wish to rent out their apartment, they can only do so via the hotel management scheme. In this case, the hotel will take 30% management fees for rentals. They are part of the hotel condo scheme and under the Cyprus Tourism Organisation regulations, hence all have very large bedrooms and bathrooms with 5 star luxury spaces.
Elysium: From the Greek ‘Elysion’. In classical mythology, Elysium, or the Elysian fields, was the lifelong aim for the final resting place of the souls of the heroic and the pure; A place in which to live a blessed and happy life. The word came to mean a place or state of bliss/delight.
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