Property Area: Polis Chrysochous - Price: ID: G8477

Description
The property is an 84% share of a tourist complex named 'Nicki Holiday Resort' 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. Gordian owns the 1675/1992 (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. The energy efficiency category of Blocks 100-300 is “F”. The corresponding category of Block 400 is “E”, of Blocks 500-900 is “G” and of Block 1000 is “D”. Owner: Belusen Limited (Gordian SPV)
Characteristic
Country: Cyprus
Area: Polis Chrysochous
City: Paphos
Type:
Plot area: 11260 м2
Total: 5395
Option
Information
Total views: 62
ID:G8477
Application form