THE MONTEREY in Limassol

Name: Sales in THE MONTEREY started!
Start: 2021-04-21T08:05:10.282952+00:00
End: 2023-12-31T23:59:59+0000
Location: THE MONTEREY

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Project info

Object ID: 11994

Finished at	December 2022
Price, m²	From 6500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 81.00 m²
Floors	3
Apartments	8
Condition	Turnkey
Construction type	Monolyth
Security	Intercom CCTV Reception
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

526,500$

Net profit

9,376$

Payback period

44.8 years

Avg property value increase per year

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Promos and discounts for THE MONTEREY

About the project

Located in Agia Fyla, one of the most sought-after areas of Limassol, The Monterey combines tranquil living without sacrificing the convenience of a modern family’s daily requirements. The court is an ideal option for smaller but also bigger families as it offers 8 comfortable units of two, three and four bedrooms each but as well as two beautifully integrated garden apartments.

A HIGHER LIVING EXPERIENCE

The Monterey is a private development defined by a stylish architecture that merges well with the surrounding area. Here residents will appreciate a relaxing environment with good proximity to the city where all amenities are within few minutes reached.

OPEN SPACES, BEAUTIFUL SUROUNDINGS AND PLENTY OF FRESH AIR; ENJOY YOUR NEW HOME.

TURNKEY FINISHES

THE LOCATION

Agia Fyla has been one of the most sough-after locations in Limassol and has experienced a big growth the last years especially by families that were searching for a quiet living without having to sacrifice convenience, good access to the city’s amenities but also to their jobs. An area with a good investment potential, home to both locals and foreigners that help transformed the area into a suburban center.

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