Horseshoe Bay in Nicosia

Name: Sales in Horseshoe Bay started!
Start: 2020-02-05T11:53:01.682952+00:00
End: 2023-12-31T23:59:59+0000
Location: Horseshoe Bay

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Construction

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Project info

Object ID: 4799

Finished at	—
Price, m²	From 2900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 200.00 m²
Floors	2
Condition	Turnkey
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

580,000$

Net profit

9,376$

Payback period

49.3 years

Avg property value increase per year

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Promos and discounts for Horseshoe Bay

About the project

Horse Shoe Bay is one of the most unique places in Cyprus. 25,000 m2 of beachfront property with direct and private access to an amazing bay surrounded by 35,000 m2 of green space. The view of the west is advantageous by an amazing sunset, reflecting orange and red colors on the crystal clear water and carved coastline. Just a few minutes walk from the villa you will find another large bay.

We are proud to present this North Cyprus property for sale. Luxury villas with an area of 220 m2.

The living room opens onto a covered terrace, allowing you to enjoy the natural surroundings all year round. The living room leads to the dining room, which offers amazing views and there is access to the terrace. Spacious kitchen with inland island / bar opens onto dining room. On the other side of the ground floor there is a bedroom with a bathroom, which also has a view of the pool and the sea and has direct access to the terrace. On the ground floor there are three huge bedrooms with bathrooms, all overlooking the bay and pool and open onto a huge upper terrace.

Luxurious 5, 6 and 7 bedroom turnkey villas

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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