SPHERA BLOCK A in Limassol

Name: Sales in SPHERA BLOCK A started!
Start: 2021-04-27T12:31:39.173229+00:00
End: 2023-12-31T23:59:59+0000
Location: SPHERA BLOCK A

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Construction

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Project info

Object ID: 12066

Finished at	—
Price, m²	From 3540$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 75.00 m²
Floors	3
Apartments	12
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near hospital
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

265,500$

Net profit

8,283$

Payback period

25.0 years

Avg property value increase per year

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About the project

SPHERA BLOCK A is our company’s first project, which was designed and inspired by our managing director Mr. Stelios Dimitriou under the guidance of Mr. Christakis Dimitriou, whose long-term career in the construction industry provided him with years of experience in the field.

This 3 floor building consists of 12 apartments offering comfort and quality. Each floor entails 4 luxurious 2 bedroom apartments.

Located on a hill in the beautiful city of Limassol, the Project offers clear and endless view of the city centre, the sea, and the mountain to all its residents. Situated only 5 minutes close to the main road towards Limassol and the city centre, as well as 10 minutes to the sea, SPHERA BLOCK A provides access to any need.

Here, you can find the harmony you need and the comfort you dream of.

Developer

Dynamic Sphera Construction & Developers Ltd is a new company that was formed in 2017 by Mr. Christakis Demetriou and Mr. Stelios Demetr…
Details about Dynamic Sphera