5395m² Commercial property for sale in Paphos, Cyprus by Mercury Group No. 13321

5395m² Commercial property in Paphos, Cyprus No. 13321

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$ 4 714 800

$ 874 per m²

5395 Living space, m²

Paphos, Cyprus

Mercury

Mercury Group

Contact seller

Parameters

Living space, m²

5395

13321

Type

Commercial property

Land area, m²

11260

Property description

For sale business of 5395 sq.meters in Paphos. Tourist complex in Polis Chrysochous, Paphos. The property is an 84% share in a tourist complex named 'Nicki Holiday Resort' in Polis Chrysochous. It is located in the outskirts of the municipality, 1,5km from Latchi harbour and 1km from the center of Polis Chrysochous. Polis Municipal beach is also within short distance. The whole complex 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). Gordian owns 1675/1992 share (84%) of the whole project which corresponds to 97 studio apartments, a restaurant, 2 commercial spaces (shops) and a lounge/reception area. The property operates as hotel - holiday home 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’’.

Statistics Paphos

$ 4 382

Price per m²

186

Quality of Life Index

Cost of living Index

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Parameters

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Paphos

Difference

Monthly Rent Cost

1-Room Apartment

$ 1 080

2-Room Apartment

$ 833

Apartment Purchase Price per m²

In the City Center

$ 4 382

Outside the City Center

$ 2 483

Crime Index

Cost of Living and Rent Index

Purchasing Power Index

Property Price to Income Ratio

Safety Index

Traffic CO₂ Index

3952

Traffic Inefficiency Index

114

Rent Index

Health Care Index

Groceries Index

Pollution Index

Traffic Commute Time Index

Restaurant Price Index

Climate Index

Cost of Living Index

Quality of Life Index

186

Traffic Index

Restaurants

Meal, Inexpensive Restaurant

$ 17.56

Meal for 2 People, Mid-range Restaurant, Three-course

$ 70.26

McMeal at McDonalds (or Equivalent Combo Meal)

$ 8.78

Domestic Beer (0.5 liter draught)

$ 3.63

Imported Beer (0.33 liter bottle)

$ 3.51

Coke/Pepsi (0.33 liter bottle)

$ 2.12

Water (0.33 liter bottle)

$ 1.30

Cappuccino (regular)

$ 3.79

Markets

Milk (regular), (1 liter)

$ 1.88

Loaf of Fresh White Bread (500g)

$ 1.46

Eggs (regular) (12)

$ 4.81

Local Cheese (1kg)

$ 16.53

Water (1.5 liter bottle)

$ 0.97

Bottle of Wine (Mid-Range)

$ 7.03

Domestic Beer (0.5 liter bottle)

$ 1.82

Imported Beer (0.33 liter bottle)

$ 2.10

Cigarettes 20 Pack (Marlboro)

$ 5.85

Apples (1kg)

$ 2.91

Chicken Fillets (1kg)

$ 8.88

Oranges (1kg)

$ 2.23

Potato (1kg)

$ 1.37

Lettuce (1 head)

$ 0.69

Rice (white), (1kg)

$ 2.31

Tomato (1kg)

$ 3.94

Banana (1kg)

$ 1.70

Onion (1kg)

$ 1.16

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

$ 13.03

Transportation

One-way Ticket (Local Transport)

$ 2.34

Monthly Pass (Regular Price)

$ 58.55

Gasoline (1 liter)

$ 1.62

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

$ 34 427

Taxi Start (Normal Tariff)

$ 11.71

Taxi 1km (Normal Tariff)

$ 2.22

Taxi 1hour Waiting (Normal Tariff)

$ 23.42

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

$ 34 515

Utilities (Monthly)

Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment

$ 191

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

$ 37.47

Mobile Phone Monthly Plan with Calls and 10GB+ Data

$ 17.56

Salaries And Financing

Average Monthly Net Salary (After Tax)

$ 1 984

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

Sports And Leisure

Fitness Club, Monthly Fee for 1 Adult

$ 71.24

Tennis Court Rent (1 Hour on Weekend)

$ 28.30

Cinema, International Release, 1 Seat

$ 11.71

Clothing And Shoes

1 Pair of Jeans (Levis 501 Or Similar)

$ 86.36

1 Summer Dress in a Chain Store (Zara, H&M, ...)

$ 51.23

1 Pair of Nike Running Shoes (Mid-Range)

$ 107

1 Pair of Men Leather Business Shoes

$ 99.53

Childcare

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

$ 473

International Primary School, Yearly for 1 Child

$ 7 070

Mercury

Mercury Group

Mercury

Mercury Group

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