€4,500,000
Commercial, 5 395 m²
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Purple Real Estate
Paphos District, Polis
Commercial
Area: 5,395 m²
Ref No: 12190
The property is an 84% share of a tourist complex 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 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 asset is (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. 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. Polis- Located on the north-west part of Cyprus, Polis Region is an area full of green, natural beauties, excellent sea and beaches. Polis still keeps its original Cypriot style, with many tranquil villages waiting to explore. The National Park of Akamas Peninsula is just a few kilometres away. The stunning natural environment, friendly, laid back people, great hotels, apartments and villas for your accommodation, many restaurants, tavernas and fish restaurants for dining out, wonderful sandy beaches, many things to do, Polis region is the ideal place for those seeking active holidays in nature. Purple Real Estates are fully registered and licensed with the Cyprus Real Estate Association. PURPLE is home to some of the finest properties in Cyprus. With offices in Famagusta, Larnaca, Paphos our ample portfolio is sure to contain something for everyone. We have a wide range of property to meet any budget and can assist you whether you are looking for a permanent residence, holiday home or an investment property. From your first contact with Purple you’ll be assigned to a specific sales consultant. One whom we feel is appropriate for your needs. Many members of PURPLE speak excellent English, Russian and Greek, so language will never be an issue. Your Sales Consultant will always be on hand to help you and guide you through the buying process, answering any questions and provide you with anything you may request, for example: Independent advice and recommendations on legal services Liaising with property developers, throughout the construction period if the purchase is off plan Getting quotes for any additional works that you’ve asked for from trusted suppliers Guidance with property rental opportunities Be there for any problems that may arise PURPLE will be there from start to finish!
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Purple Real Estate

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