Peyia Hills Apartments: New Property Development Cyprus
Last Updated on: 24th November 2024, 11:37 am
Peyia Hills Apartments, created by Leptos Estates, show new real estate in Cyprus. These homes sit in charming Peyia village. They have great views of the sea and green areas. This makes them a top pick for those looking for property. Built in 2008, there are homes with one to three bedrooms. They have a modern design and are cozy to live in.
Each apartment has sunny terraces. This makes living there smooth and enjoyable. Features like parking, elevators, and rooftop areas add to the luxury. Plus, there’s a big pool for everyone to meet and relax by. The fees for upkeep are €2000 a year1. With lots of sun and close to important places, these apartments are a smart choice for investing in Cyprus2.
Key Takeaways
- Peyia Hills Apartments feature 1 to 3-bedroom units, completed in 2008.
- Yearly common fees are set at €2000 for effective management.
- The property is conveniently located 2.4 km from the sea and 0.1 km from shops.
- Cypress enjoys around 340 days of sunshine annually, enhancing its appeal.
- The price of available properties, like a two-bedroom penthouse, starts at €170,000.
- The development includes amenities like a communal swimming pool and landscaped gardens.
Overview of Peyia Hills Apartments
Leptos Estates has created Peyia Hills apartments in Cyprus. These luxury apartments offer an amazing living experience in the lovely village of Peyia.
Location and Accessibility
Peyia Hills apartments are close to Coral Bay beaches, only 3 km away. These beaches have won a Blue Flag for being so clean and beautiful. This is part of Cyprus having 61 Blue Flag beaches – the most per person in the world in 20203. The main road to the village is close, making it easy to get to shops, restaurants, and fun places. And it’s just a 20-minute drive to Paphos International Airport, combining ease with connection.
Modern Design and Amenities
The apartments were finished in 2008 and offer up-to-date designs. They come in sizes from 1 to 3 bedrooms, fitting different needs. There are lovely gardens, a shared pool, and places for fun in this community. The homes are made to have stunning views of the sea and mountains. This makes living here peaceful45.
Peyia Hills Apartments: New Property Development Cyprus
The Peyia Hills Apartments offer a unique chance to enjoy luxury while investing in Cyprus real estate. These units are perfect for living in comfort or as an investment. They attract both people wanting a home and investors.
Investment Potential
Buying a property at Peyia Hills is a smart choice for real estate in Cyprus. A two-bedroom apartment starts at €72,000. Penthouses are up to €170,000, based on their features62. The growing tourism and nearby amenities make it a more appealing investment.
The yearly maintenance fee is €1,000. With a transfer fee of about €975 for two buyers, the investment looks even better. The property covers 93m2, is close to the sea6—just 3.77 km away, and only 20 km from the airport2.
Luxury Living Experience
Living in Peyia Hills means enjoying a high-quality lifestyle. Each apartment has two bedrooms and two bathrooms. This setup is great for families or couples. The annual fees of €1,000 ensure the property is in top condition6.
Finished in 2007, the apartments are well-designed and have high-quality finishes. Being close to shops and a bus stop enhances the convenience and appeal of living in Peyia Hills6.
| Feature | Details |
|---|---|
| Price (Standard Apartment) | €72,000 |
| Price (Penthouse Apartment) | €170,000 |
| Covered Area (Standard) | 93m2 |
| Covered Area (Penthouse) | 73m2 |
| Terrace Area (Penthouse) | 71m2 |
| Year Completed | 2007/2008 |
| Annual Maintenance Fee | €1,000 |
| Transfer Fee (Standard) | €975 |
| Transfer Fee (Penthouse) | €2,550 |
| Distance to Sea | 3.77 km / 2.4 km |
| Distance to Airport | 20.9 km / 20 km |
| Distance to Shops | 0.87 km / 0.1 km |
| Nearest Bus Stop | 0.1 km / 0.2 km |
Community and Lifestyle at Peyia Hills Apartments
Living at Peyia Hills Apartments lets you dive into a lively community and enjoy Cyprus’s calm setting. You get to use local facilities that meet your needs. At the same time, you enjoy the area’s stunning landscapes. This lifestyle in Cyprus helps residents connect and boosts social activities.
Local Amenities and Attractions
Peyia offers many local services, making it ideal for those seeking luxury. You’ll find supermarkets, banks, and restaurants close by. Plus, Coral Bay is just a short drive away, adding to Peyia’s charm.
- Swimming pool and landscaped gardens within Peyia Hills Apartments
- Nearby blue flag-awarded beaches for relaxation and recreation
- Engaging community events that foster neighborly connections
These features draw potential buyers. They align with property developers in Cyprus who aim to create a community-focused living area.
Tranquil Environment
The peaceful setting around Peyia Hills Apartments is beautiful. With its landscaped gardens, it offers a calming space to unwind. The large swimming pool is great for relaxing and meeting others.
Near natural spots, the area promotes an active outdoor lifestyle. This perfect mix of community and peace makes Peyia Hills Apartments an excellent choice for luxurious living in Cyprus.
Explore more about the amenities and benefits at Peyia Hills Apartments7
Conclusion
Peyia Hills apartments are a top-notch choice for those looking into Cyprus real estate. They offer modern design, top-tier amenities, and are in a great spot. This makes them perfect for people wanting to live there or those looking to invest. The beautiful views add a touch of tranquility. Plus, property values have jumped—up to 80% in five years. There’s also the perk of lower VAT rates8.
In Paphos, the cool vibe continues. It’s a bit cooler here by 1-2 degrees than other places in Cyprus. There’s an easy-to-reach airport. Plus, it’s rich in culture and sports, attracting all sorts of people and tourists9. If you’re dreaming of a luxury life in Cyprus, Peyia Hills could be the answer. These apartments don’t just offer style and comfort but also a chance to earn up to 7% in returns8.
Ultimately, Peyia Hills is where lifestyle and investment come together. Dive into this lively area and think about the long-term rewards. You’ll be supporting the local economy too. This is important as there are growing concerns about infrastructure and the environment here.
FAQ
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Source Links
- https://aparthotel.com/listing/peyia-hills-apartments/
- https://www.cyprusresaleproperties.com/Property-Peyia-Hills-2-Bedroom-Penthouse-with-Roof-Garden.html
- https://www.slideshare.net/slideshow/peyia-hills-iii/239840637
- https://www.airbnb.com/peyia-cyprus/stays/apartments
- https://www.propertyofcyprus.com/properties/beautiful-3-bedroom-bungalow-on-a-large-plot-831-sqm-with-panoramic-views-in-the-popular-village-of-peyia
- https://www.cyprusresaleproperties.com/Property-Peyia-Resort-Hillside-2-Bedroom-Apartment.html
- https://www.propertyguides.com/cyprus/buying/where-to-buy/paphos/
- https://www.property-canvas.com/articles/how-much-does-it-cost-to-buy-a-house-in-cyprus
- https://dom.com.cy/en/live/blog/villa-or-apartment-what-to-choose-for-living-in-paphos-/