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HARBOUR CITY in Limassol

Name: Sales in HARBOUR CITY started!
Start: 2021-04-21T08:24:07.246470+00:00
End: 2023-12-31T23:59:59+0000
Location: HARBOUR CITY

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Project info

Object ID: 11996

Finished at	December 2022
Price, m²	From 6500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 93.00 m²
Floors	5
Apartments	200
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool 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

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

604,500$

Net profit

9,376$

Payback period

51.4 years

Avg property value increase per year

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About the project

Living at one of Limassol's most upcoming locations is more than great...it is all about absorbing the vibe of one of the most cosmopolitan Mediterranean destinations right next to the city's world-famous harbour. Harbour City, an impressive residential project, is defined by its location, the sense of a true and authentic community and the endless potential of constant growth all around it.

THE PROJECT

Harbour City, as its name suggests, is a landmark residential development to define the western part of Limassol. A total of 13 residential blocks, each boasting 5 floors, provide comfortable and effortless living.

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