EMERALD in Nicosia

Name: Sales in EMERALD started!
Start: 2021-04-28T07:42:22.175454+00:00
End: 2023-12-31T23:59:59+0000
Location: EMERALD

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Project info

Object ID: 12075

Finished at	December 2021
Price, m²	From 3400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 183.00 m²
Floors	5
Apartments	9
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

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

622,200$

Net profit

9,376$

Payback period

52.9 years

Avg property value increase per year

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Promos and discounts for EMERALD

About the project

EMERALD, under-construction in Strovolos, is a captivating residential block consisting of nine luxurious 3-bedroom apartments featuring large verandas, private roof-gardens, allocated parking and storerooms. The building's modern design is by Maratheftis & Yiannouris (Architects - Engineers); the designer team captured the latest trends for a minimal and timeless architecture, securing spacious and functional interiors that will satisfy contemporary demands.

EMERALD is situated on the corner of Perikleous and Panagias Tinou within walking distance from amenities and very close to private schools and the Pedieos river park.

Developer

St. Chara Developers is a premier property developer with a strategic focus on Cyprus’ luxury property market. Our proven track record and p…
Details about St Chara