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Karmi Valley Homes in Nicosia

Name: Sales in Karmi Valley Homes started!
Start: 2020-02-06T12:34:53.887144+00:00
End: 2023-12-31T23:59:59+0000
Location: Karmi Valley Homes

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Project info

Object ID: 4836

Finished at	April 2021
Price, m²	From 2500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Villa
Square	from 175.00 m²
Floors	2
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking 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

437,500$

Net profit

9,376$

Payback period

37.2 years

Avg property value increase per year

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About the project

Karmi Valley Homes - a new complex of comfortable villas. Beautiful three-bedroom houses are being built in the real British village of Karmi, in the Edermit area, which is one of the favorite places in the vicinity of Kyrenia. It is an ideal place for a peaceful life in the mountains, surrounded by beautiful forests, with beautiful sea views. Kyrenia city center is a 15-minute drive away. Nearby are the most popular beaches: Escape Beach, Denizkızı Beach, Kervansaray Beach.

Karmi Valley Homes includes a total of 26 3-bedroom villas of two types - 165 and 215 sq. M. m. In construction, high quality materials are used. Aluminum and joinery elements, double glazed windows, marble staircases, insulation on wet soil, heat and water insulation on the upper floors. Each room has air conditioning and central heating. On the site there is a covered garage, barbecue, parking, in addition - a pool.

specifications:

Infrastructure for installing air conditioners

Pipes for installation of heating

Three bedrooms with fitted wardrobes

Kitchen with built-in furniture

Three fully equipped bathrooms

Spacious living room with fireplace

Large balconies and terraces

Double glazed windows

High-quality ceramic tiles on the floor and on the walls in the bathrooms

Solar panels for heating water

Electronic pressure control system for taps

Infrastructure for Internet and television

Water flow control via smart-card system

Water storage tank

Separate car parking

Pool - Optional

Developer

Since the day Ardem was founded, we have always strived to become a leader in the construction sector. The founders envisioned a company tha…
Details about Ardem Construction