Avalon 3 in Paphos

Name: Sales in Avalon 3 started!
Start: 2021-04-23T13:15:51.854901+00:00
End: 2023-12-31T23:59:59+0000
Location: Avalon 3

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Project info

Object ID: 12027

Finished at	June 2021
Price, m²	From 3500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 150.00 m²
Floors	2
Apartments	11
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

525,000$

Net profit

9,376$

Payback period

44.7 years

Avg property value increase per year

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Promos and discounts for Avalon 3

About the project

This gorgeous private development consists of 11 contemporary villas, all of which feature a sparkling private swimming pool, large verandas and high quality finishes throughout. Avalon 3 offers breath taking views of both the Mediterranean and mountain landscape.

The development is ideally located in a prime residential area of Paphos, within the picturesque village of Petridia. Residence will find amenities such supermarkets and shops within close proximity. It is also an ideally located for young families being close to public and private schools.

Developer

Island Blue is a property development company situated in Paphos Cyprus with a focus on luxurious upmarket developments. Our aim is to pave…
Details about Island blue