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Aqua Pearl Residences
3 Bedrooms - 3 Bathrooms
Villa A1 - Type A3
Price: €655,000 (+VAT)
Villa Number
Bedrooms
Bathrooms
1
3
3
Purchase Price Excluding 19% VAT
Purchase Price Including 19% VAT
Payment Terms:
€5,000 Reservation Deposit
30% Upon Signing Contracts
70% According to Construction Progress
Villa Type
Plot Size
Internal Area
A3
391 m2
134 m2
€635,000
€755,650
Covered Area
Total Covered Area
Roof Garden
46 m2
180 m2
34 m2
Stage Payment | Description | Amount | Due | Notes | Percentage |
|---|---|---|---|---|---|
Down Payment | Upon Signing Contract | €196,500 + VAT | Within 30 - 45 days | (5K reservation fee included) | 30% |
2nd Installment | Framework | €114,625 + VAT | 17.5% | ||
3rd Installment | Bricks & Plastering | €114,625 + VAT | 17.5% | ||
4th Installment | Tiles & Aluminium | €114,625 + VAT | 17.5% | ||
5th Installment | Delivery | €114,625 + VAT | 17.5% | ||
Total | €655,000 + VAT | 100% |
Rental Projection Based On The 2022 Holiday Market
Similar 3 Bedroom Villa On Blue Pearl Villas (Our Completed Project 200 Metres Away)
Gross Rental Income (After Third Party Commissions)
Management Expenses
Entertainment Expenses
Net Rental Income
€53,244
€6,244
€2,070
€44,930
Title | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Number Of Nights | 31 | 28 | 31 | 30 | 31 | 30 | 31 | 31 | 30 | 31 | 30 | 31 | |
2022 Occupancy | 30% | 30% | 30% | 85% | 90% | 90% | 95% | 95% | 90% | 85% | 40% | 40% | |
Total Nights | 9.3 | 8.4 | 9.3 | 25.5 | 27.9 | 29.45 | 29.45 | 27 | 27 | 26.35 | 12 | 12.4 | |
Net Nightly Price | € 120 | € 120 | € 120 | € 200 | € 220 | € 240 | € 280 | € 300 | € 240 | €220 | € 120 | € 120 | |
Monthly Net Income | € 1,116 | € 1,008 | € 1,116 | € 5,100 | € 6,138 | € 6,480 | € 8,246 | € 8,835 | € 6,480 | €5,797 | € 1,440 | €1,488 | € 53,244 |
Capital Growth During Off Plan Based On 5% Per Annum
Similar 3 Bedroom Villa On Blue Pearl Villas (Our Completed Project 200 Metres Away)
Purchase Price
After First Year Of Off Plan Based On 5% Capital Growth
After Second Year Of Off Plan Based On 5% Capital Growth
Total Capital Growth During Off Plan
€655,000
€687,750
€722,137
€67,137
Upon or near to completition of Aqua Pearl Residences you will have several options available to you.
Here are a couple of examples...
Option 1)
Pay your final installments, complete on the property and then have your rental amount as income.
Option 2)
Pay your final installments, take a 70% Loan To Value mortgage on the new valuation of the property. Then use the rental income to pay off some or all mortgage payments. (Subject to your acceptance by the bank)
Example: €722,000 as the new bank valuation. Get 70% of this figure as a mortgage (€722,000 X 70% = €505,400) and use the rental income to pay the mortgage repayments.
Aqua Pearl Residences
Luxury Villas Protaras
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