Cyprus Real Estate Marketplace

5395m² Building for Sale in Polis Chrysochous, Paphos District

  • Posted: 11 months ago
  • Modified: 3 months ago
  • Views: 7
  • Pre-Owned
  • 5395m²
  • €4 500 000
Price per m²
€834/m²
Title Transfer Fee
~€176,600
  • Ref. #: B-122780
  • Plot area: 11260m²
  • Parking: Yes, Covered  
  • Total Number of Floors: 2
  • Furnishing: Unfurnished  

Location: The property is situated in Polis Chrysochous, in the outskirts of the municipality.
It is close to Latsi harbour and within walking distance to the Polis Municipal beach. The property abuts the main coastal road of Polis, which could be an advantage for marketing purposes.

Property description: The property is an 84% share of the whole project which corresponds to 97 apartments, two restaurants, two shops, a lounge area, restaurant auxiliary spaces, a children’s playground and share of the communal areas.
Development history: The complex was built in two phases, in 1990 and 2001. 

Investment potential: The property can be operated as hotel apartments, which could offer potential for high rental income. 

Overall, the property seems to have potential for investment, with a large number of furnished apartments and amenities in a desirable location for tourism. 

 

 

  • €4 500 000
Price per m²
€834/m²
Title Transfer Fee
~€176,600
  • Agency
  • R.N.:488 L.N.:344/E
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