Investment opportunity of six bungalows in Polis.

€1 500 000
ID 56886 Uploaded 31.07.2024
Key features
Commercial properties Completion in 2009
2.50 km to sea 50 km to airport 762 sq.m / 1 969 €/sq.m 12 331 sq.m / 122 €/sq.m
Details
Balcony Outdoor parking Pool Playground Medical institutions Park Restaurants/cafes Spa/beauty salon Marina Supermarket Fitness center School/kindergarten City view Mountain view Sea/ocean/bay views Fireplace/stove Furnishing Heating Suburbs
Property description

Exclusive bungalows in Prodromi, Polis ChrysochousPrime investment opportunity in a touristic hotspotDiscover an exceptional investment opportunity with these six ground floor residences in the highly sought-after area of Prodromi, Polis Chrysochous. Located just a 5-minute drive from the beach and Latchi harbour, these properties offer the perfect blend of comfort, convenience, and potential for high rental income.Property overview:

  • Prime location: Situated in one of the most touristic areas of Cyprus, close to the Akamas Peninsula and the famous Latchi area, these residences are ideally positioned for holiday rentals.
  • Spacious living: Each house features an open-plan kitchen, dining, and living area, providing a modern and comfortable living space. All houses have three bedrooms, including a master bedroom with an en-suite bathroom.
  • Outdoor amenities: Enjoy a private garden, swimming pool, and uncovered parking space with each house.
  • Generous space: Each house has an internal area of 123 sqm, with additional covered verandas of 4 sqm and uncovered verandas of 20 sqm.

Key Features:

  • Field area: The residences correspond to an 85.7% share of a residential field with a total land area of 12,331 sqm.
  • Infrastructure: The properties are covered by essential services such as electricity, water, and telephone supply.
  • Accessibility: The field abuts a public registered road and a green area, with all houses served by a private road.
  • Occupancy: Five out of six houses are vacant, making them immediately available for rental or personal use.

Investment Highlights:

  • High rental potential: Located in a prime tourist area, these residences are perfect for holiday rentals, offering the potential for high income.
  • Tourist zone: The properties fall within a tourist planning zone with a building density of 20%, coverage ratio of 15%, maximum of 2 floors, and a maximum height of 10 meters.
  • Energy efficiency: Classified as Energy Class G.
  • Year built: Constructed in 2009.

Main Features:

  • Rooms: 3
  • Baths: 2
  • VAT: No
  • Occupancy status: Vacant
  • Ownership share: 85.70%

Area details:

  • Covered area: 738 sqm
  • Total covered area: 762 sqm
  • Covered verandas: 24 sqm
  • Uncovered verandas: 120 sqm

Your ideal investment awaits:This is a unique opportunity to invest in a prime piece of real estate in one of Cyprus's most desirable locations. With the potential for high rental returns and the charm of the Polis Chrysochous area, these residences offer an unbeatable investment prospect.Contact us today:Don't miss out on this exceptional opportunity. Schedule a viewing today and take the first step towards securing your future in the thriving tourist market of Cyprus.

Agency: Foytina
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