GEOLN.COM 🏠 Real estate in Cyprus New builds in Cyprus New builds in Paphos Riza Heights 1&2

On the map

Riza Heights 1&2 in Paphos

Name: Sales in Riza Heights 1&2 started!
Start: 2020-02-07T11:39:14.171753+00:00
End: 2023-12-31T23:59:59+0000
Location: Riza Heights 1&2

Renders

Construction

Live Stream

Property for sale in Riza Heights 1&2 — look at the real estate search engine GEOLN.COM. Photo 1

Property for sale in Riza Heights 1&2 — look at the real estate search engine GEOLN.COM. Photo 2

Property for sale in Riza Heights 1&2 — look at the real estate search engine GEOLN.COM. Photo 3

Property for sale in Riza Heights 1&2 — look at the real estate search engine GEOLN.COM. Photo 4

Property for sale in Riza Heights 1&2 — look at the real estate search engine GEOLN.COM. Photo 5

Property for sale in Riza Heights 1&2 — look at the real estate search engine GEOLN.COM. Photo 6

Property for sale in Riza Heights 1&2 — look at the real estate search engine GEOLN.COM. Photo 7

Property for sale in Riza Heights 1&2 — look at the real estate search engine GEOLN.COM. Photo 8

Reviews about Riza Heights 1&2

There are no reviews yet. You can be the first who rates it

Project info

Object ID: 4865

Finished at	—
Price, m²	From 4000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Villa
Square	from 143.00 m²
Floors	2
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Pool Kids playground
Add to free Travel & Invest tour
Add to autotour
Personal discount certificate 300$
Free consultation	Ask a question

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

572,000$

Net profit

9,376$

Payback period

48.7 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for Riza Heights 1&2

About the project

Riza Heights 1 & 2 is a beautiful residential complex with magnificent views of the coast, located on a hillside in the picturesque village of Peyia, 15 km from Paphos. Peyia is known for its tranquility, numerous taverns with traditional and international cuisine, friendly and hospitable residents and spectacular sunsets. All the houses of this project are designed in such a way as to preserve the benefits of the privacy of each of the owners and provide an opportunity to enjoy excellent views of the countryside and the Mediterranean landscape. The village of Peyia offers various services to property owners from banks to supermarkets. The famous Coral Bay Beach is 5 minutes away by car. Paphos is just a 10-minute drive away.

Riza Heights 1 & 2 is designed and built in the traditional Cypriot style, with a contemporary design and with all amenities. In this exclusive residential complex, you can choose a beautiful house for yourself, choosing from 6 detached villas with three or four bedrooms and private pools. The total covered area of houses is from 143.38 to 174.29 sq. M. The area of plots is from 413.20 to 455.15 sq. M. m. An additional advantage that these villas have is huge spacious living rooms, large bedrooms, as well as long sections. The villas also have comfortable balconies and rooftop terraces with views of the Mediterranean Sea, for sunbathing and complete relaxation. Located near the center of Paphos, Riza Heights 1 villas have a convenient access to the residential complex, are in seclusion and silence, ideal for relaxation and permanent life in Cyprus.

Key Features:

Modern villas in the countryside

Private project consisting of 6 villas

Roof terraces

Panoramic sea view

Private pools

High level technical specifications and finishing materials

In close proximity to Coral Bay beach, golf courses, interesting places and shopping outlets

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