Property 8820 Polis, Paphos / LIM-PAF-27674
Investment Opportunity In A Holiday Apartment Complex.
-82%
Opportunity!
30
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
The property is an 84% share of a holiday apartment complex in Polis Chrysochous. It is located in the outskirts of the city, 1,5km from Latchi Harbour and 1km from the center of Polis Chrysochous. Polis Municipal beach is also within short distance. The whole project 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 property operates as hotel - holiday 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’’. For more info please feel free to get in touch.
Sustainability
Energy Efficency Rating
No Required/ Pending
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 €