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5395m² Building for Sale in Paphos District

  • 6+
  • 5+
  • Brand New
  • 5395m²
  • €4 500 000
  • + VAT
Price per m²
€834/m²
VAT
Not Included in Price
VAT for this property is €837,484 (Reduced 5% rate) or €855,000 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No
  • Ref. #: VL20624
  • Plot area: 11260m²
  • Energy Efficiency: C
  • Balcony

The property is a tourist complex in Polis Chrysochous. It is located in the outskirts of the municipality 1 5km from Latsi harbour and 1km from the center of Polis Chrysochous. Polis Municipal beach is also within walking distance. The property abuts Akamantos Avenue which is the main coastal road of Polis with a frontage of 175m. The complex comprises 10 blocks of entirely furnished apartments a total of 125 units two restaurants two shops a lounge area a tennis court a children s playground two outdoor swimming pools and auxiliary space in the basement. The complex was built in two phases blocks 100 300 were built in 1990 and the rest of the blocks in 2001. Block 800 has been sold along with the 11 apartments from blocks 200 500 and 600. The property can be operated as hotel apartments. It is an ideal opportunity for investment with potential high rental income.

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What is the internal area? What year was this property built? Does it have an air conditioning? Is it furnished? What is the floor type? What is the energy source?
  • District: Paphos
  • €4 500 000
  • + VAT
Price per m²
€834/m²
VAT
Not Included in Price
VAT for this property is €837,484 (Reduced 5% rate) or €855,000 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No
  • Agency
  • R.N.:693 L.N.:365/E
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