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QCC2 Downtown in Larnaca

Name: Sales in QCC2 Downtown started!
Start: 2021-04-22T07:53:26.728312+00:00
End: 2023-12-31T23:59:59+0000
Location: QCC2 Downtown

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Project info

Object ID: 12003

Finished at	August 2022
Price, m²	From 2820$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	6
Apartments	34
Condition	Turnkey
Construction type	Monolyth
Security	Intercom CCTV Reception
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

155,100$

Net profit

7,229$

Payback period

16.3 years

Avg property value increase per year

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Promos and discounts for QCC2 Downtown

About the project

Mixed-Use development

6-storey building

34 apartments

Studio, one, two and three-bedroom apartments

Lobby

Shops at the ground floor

Contemporary and luxurious design

(Both interiors and exterior)

Landscaped roof gardens

Bicycle parking area

Developer

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