YOOF APARTMENTS in Limassol

Name: Sales in YOOF APARTMENTS started!
Start: 2021-04-21T07:26:08.556919+00:00
End: 2023-12-31T23:59:59+0000
Location: YOOF APARTMENTS

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Project info

Object ID: 11990

Finished at	January 2022
Price, m²	From 6500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 0.03 m²
Floors	3
Apartments	5
Condition	Turnkey
Construction type	Monolyth
Security	Security
Conveniences	Kids playground Near school Near kindergarten Near supermarket
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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

Net profit

5,906$

Payback period

0.0 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for YOOF APARTMENTS

About the project

Yoof Apartments is a 3-storey apartment block of six 2-bedroom apartments with modern design and spacious verandas, located in the heart of the historic center of the old city of Limassol, just around the corner from the famous pedestrian shopping street Anexartisias, Cyprus University of Technology, the nightlife of Saripolou, as well as the prestigious Limassol Marina and the Mediterranean Sea.

Due to its central location and close proximity to the university, this complex is an ideal investment for those who decide to invest in short-term or long-term rental housing. The ideal location guarantees the investor a stable income. It’s also closely located to the city center, where you can reach the pulsating energy of the business center of Limassol, a lively promenade, shopping centers and numerous children’s playgrounds, as well as sandy beaches.

The building is designed and will be built in compliance with all requirements in terms of mechanical strength and seismic resistance, as well as safety in case of fire, taking into account aspects of durability and economy of buildings in accordance with the European building standards EUROCODE.

THE LOCATION

The old city is a unique area of Limassol: it is the city’s historical and cultural heart, and is where the spirit of the Cyprus of yester-year has been preserved and captured. It is here where history stands with the modern age: modern shops, trendy and traditional restaurants and historical sites can be seen side-by-side. Each old house and each winding street has a story to tell. Richard the Lionheart himself walked the same streets, and those interested can visit his famous castle, or admire the ancient mosque with one of the highest minarets on the island.

The old city of Limassol is located right by the sea and is within walking distance of the Molos Promenade and Municipal Park. The Anexartisias shopping street as well as the Columbia 7 Seas entertainment complex are all nearby as well as one of Limassol’s most prestigious areas and attractions; Limassol Marina. Due the benefit of its location, a car is hardly needed if you are one of the lucky few to secure a residence here.

Developer

Kaleide Property Group is a real estate development company based in Cyprus with an impressive portfolio of ground-breaking projects. Throu…
Details about Kaleide Property Group