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Chr. Athanasiou Construction & Developments

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Athanasiou Tower in Limassol

Name: Sales in Athanasiou Tower started!
Start: 2020-02-06T07:02:36.373322+00:00
End: 2023-12-31T23:59:59+0000
Location: Athanasiou Tower

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Project info

Object ID: 4808

Finished at	December 2020
Price, m²	From 2000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 143.00 m²
Floors	14
Apartments	39
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Spa Fitness 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

286,000$

Net profit

9,376$

Payback period

24.3 years

Avg property value increase per year

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About the project

Athanasiou Tower is a real architectural masterpiece, a high-rise building designed in a special design in an ultra-modern style and located in the tourist area, just 300 meters from the picturesque coastline, surrounded by all the necessary urban infrastructure. The project appears in all its splendor, attracting attention with distinctive geometric lines and bright interiors, reflects a fresh look and thoughtfulness in everything to the finest details.

The 14-story residence includes two- and three-bedroom luxury apartments with spacious living rooms and covered verandas, allowing their residents to enjoy the cool Mediterranean breezes and sunny days all year round.

All apartments with premium finishes are carefully planned in such a way as to ensure maximum comfort, taking into account all the necessary daily needs of an island resident. Athanasiou Tower with a cozy resort-style pool and a sun terrace, a closed entrance and a children's playground creates its own unique environment that only complements this secluded oasis with a cloudless sky and breathtaking panoramic sea views.

Data sheet

- 39 2- and 3-bedroom apartments

- all apartments with sea view

- pool

- gym

- sauna

- indoor playground

- gated complex

- heating system underfloor heating

- MINI VRV conditioning system (provision)

- high suspended ceilings with LED spot lighting

- underground parking space

- pantry for each apartment

- electric shutters

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