Emerald Prime in Glyfada

Name: Sales in Emerald Prime started!
Start: 2021-04-13T09:16:47.815855+00:00
End: 2023-12-31T23:59:59+0000
Location: Emerald Prime

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Project info

Object ID: 11881

Finished at	October 2021
Price, m²	From 2500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 127.00 m²
Floors	4
Apartments	8
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool 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

317,500$

Net profit

9,376$

Payback period

27.0 years

Avg property value increase per year

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About the project

An exquisite boutique development consisting of two penthouses, two townhouses and four apartments, built in the centre of the popular Athens suburb of Glyfada, close to the sea.

Created by the renowned Greek architects ISV, the development has a unique appeal – elegantly designed, it captures a feel of calmness through the combination of contemporary touches and minimalistic aesthetics.

Prime Elegance offers an alluring modern ambience for a quiet sophisticated lifestyle while simultaneously providing retail, dining and entertainment options only walking distance away. Its design embodies the ultimate combination of luxury, comfort and elegance.

Developer

Emerald Developments S.A. is an Athens-based property developer and is part of the long-established and highly successful Photos Photiades G…
Details about Emerald Developments S.A.