HILLSIDE RESIDENCES in Limassol

Name: Sales in HILLSIDE RESIDENCES started!
Start: 2021-04-20T09:21:40.646358+00:00
End: 2023-12-31T23:59:59+0000
Location: HILLSIDE RESIDENCES

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Project info

Object ID: 11972

Finished at	April 2022
Price, m²	From 5600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 260.00 m²
Floors	3
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

1,456,000$

Net profit

9,376$

Payback period

123.9 years

Avg property value increase per year

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About the project

Hillside Residences is a modern development of two detached housing units in one of the most demanding locations of Limassol. Nicely designed, the houses offer comfort for families who appreciate practicality and clean layouts. All required amenities can be found within a short-distance drive.

All houses are built following all health and safety and structural standards. The design of each house has been carefully thought through, each has at least three bedrooms and bathrooms, a spacious terrace and space for a swimming pool if you so desire. All open-plan kitchen/dining rooms are connected to the veranda.

Developer

Kaleide Property Group is a real estate development company based in Cyprus with an impressive portfolio of ground-breaking projects. Throu…
Details about Kaleide Property Group