€360,000 [Ref. No. AA2626]

Paphos, Polis
Detached Villa
Resale

FOR SALE - €360,000 - REF NO. AA2626

Detached Villa in Paphos, Polis

Fantastic investment opportunity –Restaurant in Polis Square

 

Here is a wonderful opportunity to invest in a spacious restaurant/tavern in the middle of Polis Square.

Polis is a town on the north western coast of Cyprus serving a catchment area which stretches from Neo Chorio and the Akamas National Park in the west to the more traditional towns and villages to the east.

Regular trips are organised to bring tourists from Paphos to Polis in order to experience traditional Cyprus living.

Polis square is renowned for its quaint cobbled streets, family run businesses, traditional appearance and vibrant atmosphere.

Rightly described as the ‘hub of the town’ it is the first place that both visitors and residents congregate on a regular basis. Whether one wishes to browse the goods on display in the fine arts shop, have a snack or meal at the quirky Arts Café or simply visit the Post Office there is something here for everyone.

The main supermarket is 5 minutes walk away as are the banks, the mobile communications centre, computer shops and electricity board, so once the locals have completed their daily chores they gravitate to the village square.

In addition to all this, the upmarket fishing marina in Latchi, world famous for its exciting aqua sports and crystal clear waters, is only 5 minutes from here and attracts travellers from all over the world.

The restaurant itself benefits from a huge patio featuring numerous lime trees and a traditional Kleftico oven which offers the most amazing views to the west over the Akamas National Park. What a place to enjoy sampling the wonderful Cyprus food washed down by a glass of chilled locally produced Cyprus wine whilst watching the spectacular sunsets at the end of another sultry summers day.

The main body can be accessed via one of two doors. Firstly from the main road and secondly from the patio where can be found the ladies and gents conveniences and a very generously sized store room.

The interior of the restaurant is of very generous proportions including a large bar area lounge and behind that is the superbly equipped kitchen. Next to the kitchen is a very handily placed utility room –ideal for extra storage.

This is a superb investment opportunity for the proactive entrepreneur being marketed at a highly competitive price. 


Air Conditioning
Beach: 5 min Drive
Ceiling fans
Fully furnished
Separate Kitchen
Storage room
Title deeds available
Town: Walking distance
Please note that property locations are approximate

Polis

Buying here is about 15-20% lower in price than Paphos town and proves to be very popular for the larger plots, making it a great option for value of your money. It is a very popular holiday home destination and could act as a great investment in the times the homeowner is not using it by it being possibly rented out to tourists.    From the beginning of 2018 until mid 2019, 33 apartments have been sold in the whole of Polis area and 25 villas, and 8 townhouses, while we expect to see even more with its popularity being on the rise.  The average price for a villa there is €214.000 and or apartments the average is about €8...


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