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MONASTIRAKI COMPLEX in Paphos

Name: 📣 300$ — discount certificate
Start: 2020-02-07T09:03:28.144775+00:00
End: 2023-12-31T23:59:59+0000
Location: MONASTIRAKI COMPLEX

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Project info

Object ID: 4854

Finished at	—
Price, m²	From 202000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	3
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

6,060,000$

Net profit

5,906$

Payback period

747.9 years

Avg property value increase per year

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About the project

Reflecting the creative vision of award-winning architects, a state-of-the-art apartment development is located in the centre of Pafos town offering sweeping views of the city and the alluring waters of the Mediterranean, setting a new precedent for luxury city living in Cyprus. The complex affords its residents a private, thermally insulated swimming pool surrounded by decking and landscaped gardens. Located only five minutes from a surplus of amenities and services, a delightful variety of Pafos’ Blue Flag beaches, fifteen minutes from both Pafos International Airport and the acclaimed Venus Rock Golf Resort.

Thermal Insulation (Category A)

Highest Quality Floor Ceramics

Granite High Quality Kitchen Worktops

Superb Range Of Kitchen Appliances

Finest Bathroom Fittings

Quality Sanitary Ware

Central VRV Systems In All Areas

High Standard Finishes & Specifications

Internal Floor Areas Fitted With Marble

Superb Range Of Kitchen Appliances

Finest Bathroom Fittings

Quality Sanitary Ware

Décor Tiling In All Bathroom Areas

Central VRV Systems In All Areas

Under Floor Heating In All Areas

Imported Italian Doors

Bespoke Italian Bedrooms & Kitchens

Developer

Aristo Developers has been operating in the Cyprus real estate market since 1981 and carries out its design, construction and sale. Over the…
Details about Aristo Developers