Kiti ZH Residence
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Property Highlights
Bedrooms: 2 spacious bedrooms offering comfort and privacy.
Living Room: Open-plan living area ideal for both relaxation and social gatherings.
Kitchen: Modern kitchen
Eco-Friendly Features
Solar Power: Harness the power of the sun with integrated solar energy systems, promoting sustainable living and cost savings.
Community Amenities
Swimming Pool: Enjoy access to a well-maintained community pool for leisure and fitness.
Parking: Dedicated parking space ensuring convenience and security.
Building and floor plan
Investment Details
Purchase Price
Base Price: €180,800
Additional Fees: Typically, purchasing a house in Cyprus involves additional fees such as legal fees, transfer fees, and stamp duty. These can range from 5% to 10% of the property price, adding approximately €9,040 to €18,080.
Payment Schedule
Construction Start Date: April
Pre-Payment: 30% of the base price required before construction begins, amounting to €54,240.
Subsequent Payments: Remaining balance to be paid in installments, aligned with each completed building stage.
Estimated Rental Return
Location: Kiti, Cyprus is a desirable area with strong rental demand.
Annual Rental Income: Given the property’s features, such as a newly built status, private yard, and community pool, the estimated rental yield can range between 5% to 7% per year. This translates to an estimated annual rental income of €9,040 to €12,656.
This property not only offers a modern and eco-friendly living space but also presents a compelling investment opportunity with significant rental returns and a structured payment plan.
Contact Us
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