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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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