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Akasya Apartments in Nicosia

Name: Sales in Akasya Apartments started!
Start: 2020-02-07T07:47:56.930326+00:00
End: 2023-12-31T23:59:59+0000
Location: Akasya Apartments

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Project info

Object ID: 4849

Finished at	—
Price, m²	From 1100$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 78.00 m²
Floors	4
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

85,800$

Net profit

8,283$

Payback period

8.1 years

Avg property value increase per year

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Promos and discounts for Akasya Apartments

About the project

Akasya Apartments are located in one of the most popular areas of Nicosia, a short drive from the old city with historical attractions, and within walking distance of a supermarket, shops, restaurants, banks and other infrastructure. Buildings are of high quality construction and individual design with the most comfortable layout.

There are 3-bedroom apartments and 2-bedroom penthouses to choose from. The apartments with 3 bedrooms have a spacious living room with access to the balcony, a kitchen with built-in furniture, three bedrooms, a bathroom with a toilet and a toilet. The 3-bedroom penthouses have huge terraces of 40 m2, a living room, an open-plan kitchen and a bathroom.

Dimensions

Penthouse with 2 bedrooms - 78 m2 closed area + 40 m2 open terraces

3 bedroom apartments - 126 m2 covered area, including 11 m2 balconies

Specification:

Turkish title

3-bedroom apartments and 2-bedroom penthouses

Spacious living room

Modern fitted kitchen

Built-in wardrobes in 2 bedrooms

Bathroom

Guest toilet (in 3-bedroom apartments)

2 balconies

Double glazed windows

Terazzo floor tiles

Ceramic tiles in bathrooms and kitchen

Solar panels

Elevator in the building

Parking places

• 5 minutes walk to the nearest restaurant • 5 minutes walk to the nearest supermarket • 20 minutes drive to Kyrenia • 15 minutes drive to Ercan airport • 40 minutes drive to Larnaca airport • 40 minutes drive to Famagusta

Developer

Levent Homes was founded in 1982 and is the largest construction and estate company in North Cyprus. The company has a well-earned reputatio…
Details about Levent Construсtion Ltd