Q Emerald Bay in Protaras

Name: Sales in Q Emerald Bay started!
Start: 2021-04-22T11:42:50.534987+00:00
End: 2023-12-31T23:59:59+0000
Location: Q Emerald Bay

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Project info

Object ID: 12009

Finished at	December 2019
Price, m²	From 18560$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 81.00 m²
Floors	4
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

1,503,360$

Net profit

9,376$

Payback period

127.9 years

Avg property value increase per year

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About the project

Q Emerald is situated between the popular beaches of Protaras and Cape Greco, one of the most visited natural parks of the island. Built on 5,528 m² of prime beachfront land, the existing three buildings are being refurbished into a private resort composed of 30 ultra-high-end condominiums with the full spectrum of club-like amenities. The area is renowned for its award-winning sandy Blue-Flag beaches. Q Emerald stands above Green Bay, a famous diving site that offers spectacular views of the Mediterranean Sea.

The original buildings are being fully renovated with a fresh design that introduces contemporary elements to the natural landscape of the bay. With an exclusive clubhouse and serene lifestyle enclosed within luxury finishes and copper facade sheathing, this fabulous property shines like an emerald in the sea.

Developer

Quality Property Developments is a premier privately-owned development company based in Cyprus. Quality Property Developments controls the …
Details about Quality Group