Elite Residences in Paphos

Name: Elite Residences
Brand: Aristo Developers
SKU: 4885
Availability: InStock

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Project info

Object ID: 4885

Finished at	—
Price, m²	From 3100$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Villa
Square	from 542.00 m²
Floors	2
Condition	Black walls
Construction type	Monolyth
Security	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

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

1,680,200$

Net profit

9,376$

Payback period

142.9 years

Avg property value increase per year

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About the project

Elite Residences at the Venus Rock Golf Resort in Paphos are designed to set a new precedent for luxury living in Cyprus. These state-of-the-art villas stand out for their unique and superior quality, offering stunning views of Secret Valley Golf Course and the charming Mediterranean waters.

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