Tourist complex in Polis Chrysochous, Paphos – id R8477

  • €4,500,000
Polis Chrysochous, Cyprus

Overview

Property ID: R8477
  • Commercial Property
  • Property Type
  • 11260
  • sq.m

Description

The property is an 84% share in a tourist complex named and#39;Nicki Holiday Resortand#39; in Polis Chrysochous. It is located in the outskirts of the municipality, 1,5km from Latchi harbour and 1km from the center of Polis Chrysochous. Polis Municipal beach is also within short distance.

The whole complex comprises 10 blocks of entirely furnished apartments (a total of 125 units) and communal spaces (2 swimming pools, a tennis /basketball / mini-football court and a childrenand#39;s playground).

Gordian owns 1675/1992 share (84%) of the whole project which corresponds to 97 studio apartments, a restaurant, 2 commercial spaces (shops) and a lounge/reception area.

The property operates as hotel – holiday home apartments. It is an ideal opportunity for investment with potential high rental income.

The Energy Performance Categories of Blocks 100-300 is Energy Class and#8216;and#8217;Fand#8217;and#8217;, of Block 400 is Energy Class and#8216;and#8217;Eand#8217;and#8217;, of Blocks 500-900 is Energy Class and#8216;and#8217;Gand#8217;and#8217; and of Block 1000 is Energy Class and#8216;and#8217;Dand#8217;and#8217;.

Owner: Belusen Limited (Gordian SPV)

  • City Paphos
  • Area Polis Chrysochous

Details

Updated on June 2, 2023 at 12:01 am
  • Property ID: R8477
  • Price: €4,500,000
  • Property Size: 11260 sq.m
  • Property Type: Commercial Property
  • Property Status: For Sale

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