Hotel for sale in Polis Chrysochous

For Sale / EUR 4.500.000
77775070
or  +357 95598488

Property ID:
VL20624
Office Code:
1PANI
Type:
Whole Building
42
2
309
Area:
Poli Chrysochous
District:
Pafos
Completion Date:
1990 & 2001
Covered Internal Area:
5.395 m2
Balconies:
173 m2
Plot Size:
11.260 m2
Bedrooms:
97
Bathrooms:
97
Energy Rating:
C
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DESCRIPTION

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.


MAIN PROPERTY FEATURES
For Investment  
Near the Sea  
Resale  
COMMUNAL FEATURES
Communal Swimming Pool  
This 97-bedroom whole building in Poli Chrysochous, Pafos is being offered for sale at EUR 4.500.000.

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