Description
Holiday Apartments in Polis Chrysochous, Paphos
This property represents an 84% ownership stake in the holiday apartments situated in Polis Chrysochous. It is conveniently located on the outskirts of the municipality, approximately 1.5 kilometers from Latchi Harbour and 1 kilometer from the center of Polis Chrysochous. The Polis Municipal Beach is also within a short distance.
The entire development consists of 10 blocks of fully furnished apartments, totaling 125 units, along with communal facilities that include two swimming pools, a multi-sport court (tennis, basketball, and mini-football), and a children's playground.
Gordian holds a 1675/1992 share (84%) of the overall project, which includes 97 apartments (28 studios, 68 one-bedroom units, and 1 two-bedroom unit), a restaurant, two commercial spaces (shops), and a lounge/reception area.
The property operates as a hotel offering holiday home apartments, presenting an excellent investment opportunity with the potential for substantial rental income.
The Energy Performance Categories for Blocks 100-300 are classified as Energy Class 'F,' Block 400 is classified as Energy Class 'E,' Blocks 500-900 are classified as Energy Class 'G,' and Block 1000 is classified as Energy Class 'D.'
Main Features
Land Area 11,260 m²
Occupancy Status Vacant
Covered Area 5,395 m²
Total Covered Area 5,568 m²
Parking 27
Town Planning Zone Tourist
Building Density 30%
Coverage Ratio 20%
Maximum Floors 2
District Paphos
Community Polis Chrysochous Municipality
Year of Construction 2001