Premium New development

97 Bed Hotel for sale

Polis, Paphos, Cyprus

£3,154,574 *  [€3,800,000]

97 Bed Hotel for sale

Polis, Paphos, Cyprus

£3,154,574 *  [€3,800,000]

Property Details


  • Bedrooms: 97
  • Bathrooms: 97
  • Plot size: 11260 m2

Features


  • 1 Reception
  • Air Conditioning
  • Furnished
  • Open Kitchen
  • Shower
  • Communal Parking
  • Communal swimming pool
  • Tennis Court
  • Amenities: Walking Distance
  • Beach: 5 min Drive
  • International School 30 minutes
  • Local Restaurants Walking Distance
  • Pool Views
  • Town: 5 min drive
  • Tourist zone
  • No VAT
  • Reduced
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Full Description


HOTEL APARTMENTS FOR SALE IN POLIS

VIDEO AVAILABLE ON OUR WEBSITE

PRICE REDUCED FROM €4.500.000 TO €3.800.000

This remarkable property offers an 84% share in a tourist complex nestled in the outskirts of Polis Chrysochous municipality, presenting an enticing investment opportunity. The complex is conveniently located just 1.5 kilometers from Latchi harbor and a mere 1 kilometer from the center of Polis Chrysochous. The proximity to Polis Municipal beach adds to the allure of this location, making it an ideal choice for tourists seeking a coastal escape.

Comprising 10 blocks of entirely furnished apartments, totaling 125 units, this tourist complex offers a wide range of accommodation options for guests. The communal spaces add to the appeal, featuring two swimming pools, a tennis/basketball/mini-football court, and a children's playground, ensuring ample opportunities for relaxation and recreation.

The buyer will have the opportunity to acquire a 1675/1992 share (equivalent to 84%) of the entire project, encompassing 97 studio apartments, a restaurant, two commercial spaces (shops), and a welcoming lounge/reception area. The property is operating as hotel-holiday home apartments, making it a sought-after destination for travelers seeking a comfortable and enjoyable stay.

With the potential for high rental income, this property presents an ideal investment opportunity for those seeking to enter the hospitality industry or expand their existing portfolio. The well-established tourist complex, along with its desirable location and numerous facilities, ensures a steady stream of guests and a promising return on investment.

Seize the chance to acquire this substantial share in the tourist complex in Polis Chrysochous, and embrace the potential for a successful and rewarding venture in the thriving tourism sector. With its strategic location and well-equipped facilities, this property is poised to provide an unforgettable experience for guests and a lucrative opportunity for the discerning investor.

Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.

Modern Polis is built on the ruins of two ancient cities, Marion and Arsinoe, dating back almost 3000 years. Evidence of this reach, ancient history are found in the excavations in the region. Myth of Aphrodite: According to the myth, Aphrodite, the Goddes of beauty and love used to meet her lover, Adonis in this idyllic area.

Baths of Aphrodite (Loutra tis Afroditis) are located next to the town of Polis and is a very popular place to visit, among locals and visitors alike.Latchi harbour and Latchi Municipal Beach: The small harbour of Latchi is located about three kilometers from Polis. The area offers a lot of restaurants, but here is the place to taste fresh local fish, in one of many fish restaurants that abound in the area. Just next to the harbour is the organized municipal beach, a wonderful place for your bath. Latchi municipal beach is the only disabled - friendly beach, with a purposed built ramp which helps persons with mobility problems to enter easily and safely into the sea.

Akamas peninsula: The national park of Akamas is just next to Polis Chrysochous. From Polis you are able to explore this unique unspoilt area.

Buy Cyprus LTD a leading and esteemed fully accredited Estate Agent, proudly holding registration number 1014 with the Cyprus Real Estate Agents Association and license number 477/E. With nearly three decades of unwavering commitment in the Cyprus and UK real estate markets, Buy Cyprus stands as the epitome of trustworthiness, offering top-tier expert services.

Paphosproperties has seamlessly integrated with Buy Cyprus LTD, becoming an integral part of our number one leading agency. Together, we share in this legacy of excellence, with our unwavering focus on exceeding customer expectations. We ensure that both buyers and sellers receive unparalleled care and dedication, drawing upon our profound understanding of the Cyprus Real Estate Market to provide objective and impartial advice to our esteemed clientele. With utmost transparency, we deliver honest and precise property information, empowering you to make well-informed decisions with absolute confidence.

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Map may not show exact location

This property listing (ref: BC14414) is an advertisement supplied by Buy Cyprus and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8302 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.