Overview
|Description
Modern apartments in Aradippou, Larnaca
DAMARA is a modern residential project located in the popular and growing area of Aradippou, Larnaca. The development offers a comfortable combination of contemporary design, practical layouts and a convenient location.
The project features 1- and 2-bedroom apartments, as well as exclusive penthouses with private roof gardens. Bright open-plan interiors, spacious verandas and modern finishes create a pleasant space for both everyday living and relaxation.
Each apartment comes with covered parking and a private storage room. The penthouses offer additional outdoor space with private roof gardens, perfect for enjoying the Mediterranean lifestyle or spending time with family and friends.
Thanks to its location close to shops, services and other everyday amenities, DAMARA is suitable both for permanent living and as an investment property.
A modern home in a convenient Larnaca location, combining comfort, style and investment potential.
Payment Stage Percentage
Reservation Fee €10,000
Upon execution of the Sale and Purchase Agreement 30%
Upon completion of the structural framework of the Property 30%
Upon completion of the masonry works 10%
Upon completion of the tiling works 10%
Upon completion of the aluminium installation works 10%
Upon completion of the carpentry works 5%
Upon completion of the Property 5%
Total 100%
Floor Plans
Ground floor
Interior area: 50,15 m2 Terrace: 10,45 m2 Total area: 60,60 m2
Property on Map
Child properties
Payments
The real estate payment plan is completely free of any fees or surcharges – it is an interest-free repayment plan. Deposit: must be paid within 14 days. First installment: due within 30 days from the signing of the contract. If a payment plan is applied, the remaining balance is divided into monthly installments over a specified period.
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Payment plan
- 35% Down payment
- 65% Installments 0% interest until key handover
Payment breakdown
- Down payment (35%) 44,135.00£
- Installments until key handover (65%) 81,965.00£
- Total amount 126,100.00£
Additional fees calculator
- Property price 126,100.00£
- Lawyer + 2,610.00£
- Power of Attorney + 175.00£
- Land Registry (6%) + 7,566.00£
- VAT (5%) + 6,305.00£
- Generator + 1,305.00£
- Utilities Connection + 1,305.00£
- Stamp Duty (0.5%) + 631.00£
- Ownership Registration (3%) + 3,783.00£
- Total amount including fees 149,780.00£
Return on Investment (ROI)
Estimated return on investment
205,764.00£
over 5 years
Additional Details
- Bathroom with sanitary facilities: Included in price
- Floors and doors: Included in price
- Kitchen unit without appliances: Included in price
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