€3,800,000 $3,982,840
Fox Smart Estate Agency Limassol
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Pay in USD and save up to $139,399Key features
- Listing ID: 1160765 (B_122780)
- Plot: 11260 sqm
Description
Location: The property is situated in Polis Chrysochous, in the outskirts of the municipality.
It is close to Latsi harbour and within walking distance to the Polis Municipal beach. The property abuts the main coastal road of Polis, which could be an advantage for marketing purposes.
Property description: The property is an 84% share of the whole project which corresponds to 97 apartments, two restaurants, two shops, a lounge area, restaurant auxiliary spaces, a children's playground and share of the communal arThe complex was built in two phases, in 1990 and 2001.
Investment potential: The property can be operated as hotel apartments, which could offer potential for high rental income.
Overall, the property seems to have potential for investment, with a large number of furnished apartments and amenities in a desirable location for tourism.
Buying expenses
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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