Water Lily Garden Bungalows in Nicosia

Name: Sales in Water Lily Garden Bungalows started!
Start: 2020-02-05T11:33:37.487550+00:00
End: 2023-12-31T23:59:59+0000
Location: Water Lily Garden Bungalows

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Project info

Object ID: 4798

Finished at	—
Price, m²	From 1900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 125.00 m²
Floors	2
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

237,500$

Net profit

9,376$

Payback period

20.2 years

Avg property value increase per year

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About the project

We are proud to present our boutique bungalow by the sea - Water Lily Garden. Only 8 luxurious bungalows are built on a hill 200 meters from the sea, providing magnificent sea views from every home. The stunning infinity communal pool combines with the crystal clear Mediterranean Sea, offering a truly breathtaking holiday on the coast.

The property is a few steps from the beach with easy direct access to the calm sea, which is ideal for swimming, kayaking, fishing or relaxing in the sun. Exterior finish in natural stone combined with traditional but modernized wooden pergolas on terraces and aluminum windows. Each owner has the opportunity to choose an interior from a wide range of ceramics, laminate, cabinets, countertops and cabinets. You can create your own design in accordance with your style and taste.

Each bungalow consists of 3 bedrooms and 2 bathrooms, one-story house has a spacious open plan interior

An area of 125 m2. The master bedroom has its own bathroom and sliding doors to the sun terrace. Each house also has a large roof terrace of 85 sq.m.

Developer

The developer of Northern Cyprus Evergreen is engaged in the construction and sale of villas and apartments in Northern Cyprus in prestigiou…
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