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Hotel Complex In Polis Chrysochous Paphos For Sale

Polis Chrysohous, Paphos District, Cyprus
Asking Price:
€1,350,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

The property is a boutique tourist complex in Polis Chrysochous. It consists of 16 apartments (4 studios, 3 two bedroom apartments, 9 one bedroom apartments) and a reception area. A Town Planning application is pending for a new / additional development i.e. 32 one bedroom studios - subject to permits. The complex has a total covered area of 940sqm. It is built within a land area of 3,171sqm.

It is located 1,5km from Polis Chrysochous center and just 150m from the beach. The complex is 8 minutes away from Latchi Harbour, fish taverns, beach bars, restaurants and amenities. It offers excellent access to Baths of Aphrodite and Akamas Peninsula.

Property Information

Real Estate:

Real Property Included

Location:

walking distance to the sea. area is heavily being promoted and new highway systems coming directly to the area to cut travel times between cities.

Premises Details:

easy to manage. great potential for income. projected high occupancy rates.

Business Operation

Expansion Potential:

subject to permits as described further development is possible.