iHome in Limassol

Name: Sales in iHome started!
Start: 2021-04-27T06:57:31.488139+00:00
End: 2023-12-31T23:59:59+0000
Location: iHome

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Project info

Object ID: 12051

Finished at	December 2018
Price, m²	From 10700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 282.00 m²
Floors	10
Apartments	28
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness 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

3,017,400$

Net profit

9,376$

Payback period

256.7 years

Avg property value increase per year

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About the project

We completed 28 homes on top of each other. Separate spacious apartments all built to the highest standards enjoying privacy, autonomy and none of them have common walls. 12 of them have private roof garden, the rest nice panoramic verandas. iHOME is a bijou 2 tower condominium of sophisticated apartments, duplex apartments and penthouses that stand out as being something special. iHOME rise up to 87m high -Tower A and 75m high -Tower B, offering spectacular sea views, stunning design, facilities and prime location just 75 meters from the sea.

Developer

The DTA GROUP has a long and proud history, and it’s a highly-respected multifaceted organization. Enormously successful in the Cyprus luxu…
Details about DTA