Property 8820 Polis, Paphos / LIM-PAF-11857
For Sale: Building In Polis Chrysochous With Investment Potential.
-82%
Opportunity!
23
Why is this Property Classified as an Opportunity?
Our data science team has identified that the price per square meter for this property is significantly lower than the average indicative price in the district. This discrepancy is not merely a discount; it represents a unique market opportunity. By leveraging advanced analytics, we've developed a smart score that highlights properties offering exceptional value. This score helps you pinpoint the best opportunities in the market, ensuring you get more for your investment.
Paphos Indicative Price
3,828.69 €This Property
704.36 €For Sale • Deal
3,800,000€
Estimated Mortgage
/month
5395
m2
11260
Plot m2
Overview
Property Description
This building is situated in Polis Chrysochous, close to Latsi harbour and within walking distance to the Polis Municipal beach. It is an 84% share of a project that includes 97 apartments, two restaurants, two shops, a lounge area, restaurant auxiliary spaces, a children's playground, and communal areas. The complex was built in two phases, in 1990 and 2001. The property can be operated as hotel apartments, offering potential for high rental income.
With its desirable location for tourism and a large number of furnished apartments and amenities, this property presents a great investment opportunity.
Sustainability
Energy Efficency Rating
No Required/ Pending
Property Highlights
Unfurnished
Location
43.01 kms
131.64 kms
1.82 kms
2.09 kms
2.79 kms
3.93 kms
4.68 kms
7.82 kms
8.43 kms
7.16 kms
2.77 kms
3.68 kms
4.47 kms
8.57 kms
9.09 kms
9.95 kms
Transfer Fees
Transfer Fees Individual
148,600 €
Transfer Fees Joint Names
145,200 €
Stamp Duty
7,508 €