SPHERA BLOCK B in Limassol

Name: Sales in SPHERA BLOCK B started!
Start: 2021-04-27T12:37:32.794431+00:00
End: 2023-12-31T23:59:59+0000
Location: SPHERA BLOCK B

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Construction

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Project info

Object ID: 12067

Finished at	—
Price, m²	From 3620$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 50.00 m²
Floors	3
Apartments	10
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

181,000$

Net profit

6,783$

Payback period

20.1 years

Avg property value increase per year

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About the project

SPHERA BLOCK B, situated on the bank of a beautiful mountain, provides the privilege of enjoying the amazing view of the city and the sea from above, together with an easy 5 minute access to the main road of Limassol.

Consisting of 10 apartments, this 3 floor building, offers 1-, 2-, and 3- bedroom luxurious apartments. In particular, the first two floors consist of 3 apartments with 2 bedrooms and 1 apartment with 1 bedroom. On the third floor, 2 deluxe 3 bedroom apartments, with their own individual roof garden, allow for even more attractive and spectacular view.

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