Abiete 2 in Paphos

Name: Sales in Abiete 2 started!
Start: 2021-04-23T13:03:13.956946+00:00
End: 2023-12-31T23:59:59+0000
Location: Abiete 2

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Project info

Object ID: 12026

Finished at	December 2021
Price, m²	From 5220$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 75.00 m²
Floors	3
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool 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

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

391,500$

Net profit

8,283$

Payback period

36.9 years

Avg property value increase per year

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About the project

Abiete Apartments is yet another contemporary Island blue signature apartment development for sale. It is located in the scenic residential area which is known as ‘Universal’. This exquisite development is within close proximity to the city center of Paphos but yet, finds itself within a very peaceful neighbourhood.

Abiete consists of four floors, on the first floor are two 2 bedroom apartments. On the second floor you will find one 2 bedroom and one 1 bedroom apartment. On the third floor there is only one 2 bedroom apartment. A communal swimming pool on its top floor. All apartments for sale within Abiete are fully equipped with modern, top of the range fittings and finishes, dedicated parking area and allocated storage units.

Developer

Island Blue is a property development company situated in Paphos Cyprus with a focus on luxurious upmarket developments. Our aim is to pave…
Details about Island blue