ARIA RESIDENCES in Limassol

Name: Sales in ARIA RESIDENCES started!
Start: 2021-04-19T07:36:07.897619+00:00
End: 2023-12-31T23:59:59+0000
Location: ARIA RESIDENCES

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Construction

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Project info

Object ID: 11952

Finished at	December 2021
Price, m²	From 5700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 100.00 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

570,000$

Net profit

9,376$

Payback period

48.5 years

Avg property value increase per year

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About the project

Aria Residences enjoys a privileged location in one of the most desirable residential suburbs of Limassol, with spectacular views of the Limassol coastline and marina and just moments away from Limassol’s finest five star hotels.

Arias’ modern architectural lines are carried through to the townhouses with striking cantilever terraces and double-height glass stairwells being key features of the facades. A perfect balance of materials, Aria Residences feature fairface concrete, natural stone and iroko framed terraces. The clusters are separated with landscaped greens ensuring optimal circulation and maximising privacy.

Developer

Over four decades, we have changed the real estate market in Cyprus, helping to enhance the international status of our beloved country. Paf…
Details about Pafilia