20.03.2023
The tourist complex in Paphos, which is for sale for 4.5 million euros, is 84% owned by a tourist complex called Nicki holiday Resort ” in Polis Chrysochous.
It is located 1.5 km from the port of Lazio and 1 km from the center of Polis Chrysochous and within walking distance of the municipal beach.
The property adjoins Acamandos Avenue , which is the main beach road of Polis Chrysochous .
Apartments, restaurants and shops
The tourist complex consists of 10 blocks of fully furnished apartments (125 in total), two restaurants, two shops, a hall, a tennis court, a playground, two outdoor pools and utility rooms on the ground floor.
Gordian owns 84% of the entire project, which corresponds to 97 apartments, two restaurants, two shops, ancillary restaurant areas, a playground and part of the common areas.
The complex was built in two stages. Blocks 100-300 were built in 1990, the rest in 2001. House 800 was sold along with 11 apartments in blocks 200, 500 and 600.
It is noted that the property can function as a hotel apartment, while it is an ideal investment opportunity with potentially high rental income.
The covered area of the project reaches 5,395 sq.m , and the total area is 5,568 sq.m.
