Corali Residence in Larnaca

Name: Sales in Corali Residence started!
Start: 2021-04-14T12:05:30.819593+00:00
End: 2023-12-31T23:59:59+0000
Location: Corali Residence

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Project info

Object ID: 11909

Finished at	December 2021
Price, m²	From 2400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 30.00 m²
Floors	5
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

72,000$

Net profit

5,906$

Payback period

8.9 years

Avg property value increase per year

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About the project

In one of the most beautiful areas of Larnaca, with easy access to the highway and the city centre, Green Properties Land Developers offers you an ideal five-storey apartment building, consisting of fourteen two-bedroom apartments. The apartments have comfortable interiors, spacious bedrooms, large terraces with unobstructed views and auxiliary terraces for excellent functionality. Green Properties Land Developers offers/sells sustainable/energy-efficient, modern buildings while delivering maximum quality and excellent design for a comfortable and happy life!

Developer

If you can dream a green, minimal-designed house equipped with smart features at Green Properties we can design and build it at an affordabl…
Details about GREEN Properties