Q Park View in Larnaca

Name: Q Park View
Brand: Quality Group
SKU: 12002
Availability: InStock

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Project info

Object ID: 12002

Finished at	December 2021
Price, m²	From 8240$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 38.00 m²
Floors	3
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

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
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		193		8078$
Average		52%		37$

Total invested

313,120$

Net profit

5,883$

Payback period

38.8 years

Avg property value increase per year

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About the project

Located in an elevated location of the prestige “ Faneromeni Area” of Larnaka, Q Park View Residences has been designed to offer 3 single floor private residences with amazing views towards the biggest green Park in the city and the Salt Lake of Larnaka. City Centre and the beach are only a short walk away and services & basic amenities are available in the area. All single floor Residences have a clear internal area of 93m2 and a veranda of 24m2 which places them amongst the biggest if not the biggest new 2-bedroom apartments currently available for sale in the city. All Properties have a covered carpark and a storage on the ground floor and the Penthouse residence also enjoys a direct access to a private rooftop terrace of 38m2.

Developer

Quality Property Developments is a premier privately-owned development company based in Cyprus. Quality Property Developments controls the …
Details about Quality Group