WEST HILL in Agios Tychon

Name: Sales in WEST HILL started!
Start: 2021-04-23T07:27:07.195040+00:00
End: 2023-12-31T23:59:59+0000
Location: WEST HILL

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Project info

Object ID: 12012

Finished at	December 2021
Price, m²	From 6100$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 58.00 m²
Floors	3
Apartments	19
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

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

353,800$

Net profit

7,229$

Payback period

37.3 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for WEST HILL

About the project

WEST HILL, the newest development by Askanis Group, comprises four buildings nestled atop the western side of the Santa Barbara Hill, a quiet hillside on the eastern side of Limassol. The WEST HILL buildings, each boasting a botanically-themed name - Levanda, Anthemis, Dhalia and Lilia - create a façade that is both stunning aesthetically, but also highly functional and practical.

Its prime location on an elevated plane in one of Limassol’s most exclusive areas, surrounded by the spectacular views of the sparkling Mediterranean Sea and the rolling green hills of Amathounta, embodies the epitome of luxury island living.

Each apartment is designed and positioned in such a way as to allow unobstructed views of the surrounding large open spaces, which feature a wealth of greenery and the ancient ruins of Amathounta nearby. Just beyond, the azure blue waters of the Mediterranean Sea sparkle within view, visible through the large windows and ample balconies, which stream in an abundance of natural light.

Ensuring utmost privacy and convenience, the WEST HILL apartments are securely gated and accessible from two separate roads, and offer easy access to the highway.

Developer

ASKANIS GROUP OF COMPANIES ("Ascanis Group") is a dynamically developing group of private companies, which was founded in 1989 by Antonis As…
Details about ASKANIS GROUP