Residence 51 in Limassol

Name: Sales in Residence 51 started!
Start: 2021-04-23T11:06:21.624582+00:00
End: 2023-12-31T23:59:59+0000
Location: Residence 51

Renders

Construction

Live Stream

Property for sale in Residence 51 — look at the real estate search engine GEOLN.COM. Photo 1

Property for sale in Residence 51 — look at the real estate search engine GEOLN.COM. Photo 2

Property for sale in Residence 51 — look at the real estate search engine GEOLN.COM. Photo 3

Property for sale in Residence 51 — look at the real estate search engine GEOLN.COM. Photo 4

Property for sale in Residence 51 — look at the real estate search engine GEOLN.COM. Photo 5

Reviews about Residence 51

There are no reviews yet. You can be the first who rates it

Project info

Object ID: 12021

Finished at	—
Price, m²	From 6500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 125.00 m²
Floors	6
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital
Add to free Travel & Invest tour
Add to autotour
Personal discount certificate 300$
Free consultation	Ask a question

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

812,500$

Net profit

9,376$

Payback period

69.1 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for Residence 51

About the project

Situated right in the center of Limassol next to bustling business and commercial district, Residence 51 offers its residents easy access to most offices and shops. However, being right in the midst of all energy of a fast developing city is only half of the history. A short walk from Residence 51 is the historic center of Limassol with the medieval castle and the old port and now Limassol Marina, which has now taken on a new life as a cultural, entertainment and commercial district. The Old Carob Mills has recently been converted to exhibition spaces and here some of Limassol’s best restaurants are located.

Residence 51 Limassol Cyprus occupies one of the last plots of land close to the sea. Being only a few hundred meters away from the waterfront, it offers one an immediate escape from the tension and stress of everyday life. With about 300 days of sunshine per year, this allows the opportunity to enjoy the water all-year-around. One can find organized beaches offering umbrellas, refreshing drinks and snacks. For the more adventurous the is the opportunity to try one of the many watersports on offer. If in the mood for a walk, the pedestrian path that runs next to the sea, extends from the old port to the ancient settlement of Amathounta.

Developer

Galaxia Developers founded in 1977 and since then it continuedly growing aiming to provide quality properties. Their main task is to offer t…
Details about GALAXIA DEVELOPERS