Hotel 5 568 m² in Paphos Municipality, Cyprus

The property represents an 84% share of the tourist complex in Polis Chrysochus. The hotel complex is located on the outskirts of the municipality, 1.5 km from the port of Latsi and 1 km from the center of Polis Chrysochus. Polis Municipal Beach is also within walking distance. The property is adjacent to Akamantos Avenue, which is the main coastal road of Polis.

The complex consists of 10 blocks of fully furnished apartments (a total of 125 units), two restaurants, two shops, a recreation area, a tennis court, a playground, two outdoor pools and auxiliary rooms in the basement.

84% of the total project is offered for sale, which corresponds to 97 apartments, two restaurants, two shops, a lounge area, auxiliary spaces of the restaurant, a playground and a share of communal spaces.

The complex was built in two stages; blocks 100-300 were built in 1990 and the remaining blocks in 2001. Block 800 was sold along with 11 apartments from blocks 200, 500 and 600.

The property can be used as a hotel apartment. This is an ideal investment opportunity with potentially high rental income.

Energy efficiency category of blocks 100-300 - "F". The corresponding category of block 400 is "E", blocks 500-900 - "G" and block 1000 - "D".