Boreas Domus Type B in Nicosia

Name: Sales in Boreas Domus Type B started!
Start: 2021-04-28T08:11:13.853961+00:00
End: 2023-12-31T23:59:59+0000
Location: Boreas Domus Type B

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Project info

Object ID: 12079

Finished at	September 2021
Price, m²	From 2650$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Villa
Square	from 347.00 m²
Floors	2
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

919,550$

Net profit

9,376$

Payback period

78.2 years

Avg property value increase per year

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About the project

Designed to the highest degree of excellence by Aristodemou Architects, the house is made up of 4 bedrooms, of which two are en-suite, an open-plan kitchen and living room area, large yard, parking for two cars and a boiler/storage room. Whereas the three main bedrooms, including the en-suite master bedroom, are situated on the top floor, the fourth - visitor's - bedroom is allocated to the ground floor, however it is completely separated and independent from the rest of the common use areas.

Boreas Domus is situated in Latsia municipality, close to General Hospital, The Mall of Cyprus and many amenities, with easy access Larnaca motor way.

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