Mitas & Stasis Plots in Paphos

Name: Sales in Mitas & Stasis Plots started!
Start: 2020-02-07T11:53:18.721750+00:00
End: 2023-12-31T23:59:59+0000
Location: Mitas & Stasis Plots

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Project info

Object ID: 4868

Finished at	—
Price, m²	From 1200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Villa
Square	from 622.00 m²
Floors	2
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Fitness Pool Kids playground
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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

746,400$

Net profit

9,376$

Payback period

63.5 years

Avg property value increase per year

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About the project

Mitas & Stasis Plots - a new complex of luxury villas with panoramic views of the coast and the sea. The houses are conveniently located on a mountainside in the elite part of the village of Peyia, a 15-minute drive from Paphos, close to all necessary infrastructure: shops, bakeries, pharmacies, banks, restaurants and bars, the private English school The Leaning Center and many other useful objects. At a distance of less than 4 km, the sandy beaches of the famous Coral Bay are at the service of vacationers and locals. Nearby is the Akamas National Nature Park with beautiful deserted beaches, sea caves of Sea Caves and the picturesque fishing harbor of Agios Georgios.

Mitas & Stasis Plots offers magnificent, high-tech detached villas built in a traditional Cypriot style with modern motifs. The spacious balconies and terraces on the roofs of the houses offer beautiful views of the sea and mountains. When planning the villas, modern requirements for residential premises were taken into account: full-length windows, spacious living rooms, spacious bedrooms, pantries. In construction, natural stone, wood and marble are used. The interior is made with high quality materials. At impressive sites, landscaped gardens with trees and shrubs will be laid out and pools built.

Features of the complex:

New complex in the countryside

Panoramic views of the sea and mountains

Near the beaches

Luxury villas

Private gardens

Private pools

Spacious terraces with pergolas

French windows

Conditioning

Heating

Parking and garages

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