Olea Villas in Paphos

Name: Sales in Olea Villas started!
Start: 2021-04-20T07:26:24.654093+00:00
End: 2023-12-31T23:59:59+0000
Location: Olea Villas

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Project info

Object ID: 11964

Finished at	December 2021
Price, m²	From 7300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 248.00 m²
Floors	2
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

1,810,400$

Net profit

9,376$

Payback period

154.0 years

Avg property value increase per year

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Promos and discounts for Olea Villas

About the project

Olea Residences is rested on a hilltop in one of the most picturesque locations in Pafos. This luxurious development commands exceptional views of the Mediterranean sea and surrounding countryside. The location borders the Akamas National Park and the Pikni Pine forest, placing a wealth of beautiful scenery on the doorstep.

While a wealth of amenities and restaurants are just a few minutes’ drive. The design blends modern architecture with traditional Cypriot style and character, incorporating local stone, terracotta roof tiles and glass.

These traditional materials have been combined with an ultra-modern edge, resulting in enduring designs that fully exploit their spectacular setting. Each villa is airy and open in design, connecting the inside and outside through floor-toceiling windows. Villas have been carefully oriented to maximise views and all feature a private infinity pool.

Developer

Over four decades, we have changed the real estate market in Cyprus, helping to enhance the international status of our beloved country. Paf…
Details about Pafilia