TOWN HILL 2 in Limassol

Name: Sales in TOWN HILL 2 started!
Start: 2021-04-21T07:55:49.482112+00:00
End: 2023-12-31T23:59:59+0000
Location: TOWN HILL 2

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Project info

Object ID: 11993

Finished at	October 2021
Price, m²	From 7500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Villa
Square	from 169.00 m²
Floors	3
Apartments	5
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

1,267,500$

Net profit

9,376$

Payback period

107.8 years

Avg property value increase per year

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Promos and discounts for TOWN HILL 2

About the project

Town Hill II is ideal for those who appreciate the comfort and charm of a quiet residential area. It is located in Agios Athanasios, which is one of the most prestigious and sought-out areas in Limassol. The project offers residences with a magnificent view of the sea, and close proximity to beautiful sandy beaches as well as the city center. For those with children, two of the island’s well-known English schools are nearby: Foley's and Grammar School. A combination of location, accessibility and modern design all make up the perfect recipe for a happy family life.

The project consists of eight detached two-storey houses that cover an area between 169 and 176 square meters on plots of 169-176 square meters. All are built following all health and safety and structural standards. The design of each house has been carefully thought through — each has at least three bedrooms and bathrooms, a spacious terrace and space for a swimming pool if you so desire. All open-plan kitchen/dining rooms are connected to the veranda, which offers unrivaled views of the city and sea. All bedrooms have large built-in wardrobes, with hairdo conditioning and heating present throughout the properties.

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