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Chr. Athanasiou Construction & Developments

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Amber Residence in Limassol

Name: Sales in Amber Residence started!
Start: 2020-02-05T12:56:43.828366+00:00
End: 2023-12-31T23:59:59+0000
Location: Amber Residence

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Project info

Object ID: 4805

Finished at	—
Price, m²	From 1200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 163.00 m²
Floors	6
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Underground parking Pool Kids playground
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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

195,600$

Net profit

9,376$

Payback period

16.6 years

Avg property value increase per year

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About the project

Five-story building, a complex of class "deluxe". One luxurious apartment, on each floor, where everything is thought out to the smallest detail at the most modern level, with the highest standard finishes, including underfloor heating. Among the advantages of the complex: open, spacious interior spaces with cutting-edge technical equipment and design, with sea views that you can enjoy without leaving your apartment.

A magnificent communal pool, only for residents, covered parking, convenient storage rooms for each apartment and a fenced area with a children's playground, for complete comfort allowing residents to enjoy all the amenities of life in Cyprus.

Amber Residence is located in the center of Limassol's busiest tourist area, just 350 meters from the sparkling waters of the Mediterranean Sea. All the necessary infrastructure facilities working around the clock are located nearby: residents can visit world-class restaurants with cuisine from different countries and shops located just around the corner.

Environment and infrastructure

- 350 meters from the sparkling waters of the Mediterranean Sea

- nearby are objects working around the clock

Data sheet

- sea views

- finishes to the highest standard

- spacious interior spaces

- cutting-edge technical equipment

- underfloor heating

- convenient storage rooms

- covered parking

- children playground

- shared pool

Developer

Company Chr. Athanasiou Construction & Developments is one of the most well-known leading companies in the Cyprus construction industry …
Details about Chr. Athanasiou Construction & Developments