PELAGOS BEACHFRONT RESIDENCES in Paphos

Name: Sales in PELAGOS BEACHFRONT RESIDENCES started!
Start: 2020-02-10T08:23:25.270270+00:00
End: 2023-12-31T23:59:59+0000
Location: PELAGOS BEACHFRONT RESIDENCES

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Project info

Object ID: 4883

Finished at	December 2021
Price, m²	From 2900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Villa
Square	from 495.00 m²
Floors	2
Condition	Turnkey
Construction type	Monolyth
Security	Security
Conveniences	Parking Pool Kids playground
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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

1,435,500$

Net profit

9,376$

Payback period

122.1 years

Avg property value increase per year

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About the project

Located in Paphos, in a uniquely beautiful city on the island of Cyprus, next to the warm waters of the Mediterranean Sea, this exclusive, elite residential complex, consisting of fifteen luxury villas, has panoramic sea views and direct access to the beach.

Designed and built by Aristo Developers, a world-renowned company based in Cyprus, PELAGOS BEACHFRONT RESIDENCES is a new project that consolidates Aristo Developers' leadership in real estate development. Located in a stunning coastal zone, in a place of unprecedented natural beauty, next to the sandy beaches, in one of the most beautiful places in Paphos.

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