€3,800,000
Ref. No. CN8022
No VAT
Price per sq. m.: €682
Resale
Paphos
Polis
Hotel
Year Built: 2001
Bedrooms: 97
Bathrooms: 97
Covered: 5568m²
Plot: 11260m²

For Sale : Hotel - Polis - €3,800,000

The property is an 84% share in a tourist complex named 'Nicki Holiday Resort' 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 children's playground).

The owner 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 ‘’F’’, of Block 400 is Energy Class ‘’E’’, of Blocks 500-900 is Energy Class ‘’G’’ and of Block 1000 is Energy Class ‘’D’’.

Air Conditioning
Balcony
Barbeque Area
Beach: Walking distance
Central Heating
Communal swimming pool
Covered parking
Double Glazed Windows
En suite bathrooms
Furnished
Grass Garden
Investment Opportunity
Laundry Room
No VAT
Paved Yard
Quiet residential area
Security Alarm
Separate Kitchen
Solar Water Heater
Storage room
Title Deeds
Unfurnished