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Hotel-apartments complex in Polis Chrysochous, Paphos

Ref No: 7671 OFFER ACCEPTED

€ 1,350,000 (-10%) € 1,500,000

Description

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.

Owner: Cluxo Limited (Gordian SPV)

Main Features

16 Rooms
16 Baths
Occupancy Status
Vacant
Status
For sale
Floor number
2

Other Features

Land Registry

District
Paphos
Community
Polis Chrysochous Municipality
Quarter
Polis Chrysochous
Reg. No.
0/12817
Sheet/Plan
26/51
Parcel
858
Zone
Κα9

Areas

Covered Area
940 m2
Total Covered Area
940 m2
Land area
3,171 m2
Covered verandas
58 m2

Further Features

Rooms
16
Baths
16
EPC
Energy Class D
Year of construction
1996

Town Planning

Town planning zone
Residential
Building density
40 %
Coverage ratio
25 %
Max floors
2
Max height
10 m

Town Planning Secondary

Town planning zone
Residential

Legal disclaimer

The asset was acquired by Gordian Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation, and is currently owned by a subsidiary company. Depending on whether the transfer of the asset may take place via the transfer and/or sale of the subsidiary company’s shares, VAT may be applicable. We recommend that you seek independent advice regarding any applicable property transfer fees and/or VAT. The above sale price does not include transfer fees and/or VAT and if such are applicable, these will be paid by the buyer over and above to the sale price, as applicable.

Any markings, or designs on the property photos are indicative, for illustration purposes only and may differ from the actual boundaries.


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Valerios Tsakalidis

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