Peyia Hills Apartments Property Development By Leptos Estates

Last Updated on: 2nd November 2024, 05:26 am

Discover the exquisite Peyia Hills Apartments Property Development By Leptos Estates, ideally situated in the enchanting village of Peyia, Cyprus. This luxury apartments in Peyia Hills development is celebrated for its elegant design and impressive investment potential, offering breathtaking views of both the serene sea and the picturesque countryside. Comprised of a range of 1 to 3 bedroom apartments, these residences feature open living spaces and inviting sun terraces, creating an atmosphere of comfort and style. Each unit includes modern amenities such as covered parking, elevators, and roof terraces, emphasizing the seamless lifestyle that Leptos Estates aims to provide. Residents also have access to a large communal swimming pool, encouraging a tranquil, community-focused environment that captures the essence of village living.

With properties such as a unique two-bedroom penthouse available for €170,000, complete with a generous covered area of 73m² and a splendid 71m² terrace, Peyia Hills Apartments exemplify modern luxury at its best¹. Situated just 2.4 km from the sea and a mere 0.2 km from the nearest bus stop, this development is designed for convenient living¹. Additionally, with Cyprus boasting around 340 days of sunshine each year and a reputation as one of the safest countries in the world, investing in Leptos Estates Peyia Hills properties promises not only a beautiful home but also a sound financial decision².

Key Takeaways

• Peyia Hills Apartments offers stunning sea and mountain views.
• Completion year of the luxury residential development was 2008.
• Yearly common fees are set at €2000 for effective management.
• Cyprus offers attractive tax benefits, including a low corporate tax rate of 12.5%.
• Residents enjoy amenities including a communal swimming pool and landscaped gardens.
• Close proximity to local shops, beaches, and other essential services enhances lifestyle convenience.
• Cyprus ranks as one of the safest global locations and boasts numerous tax advantages for homebuyers.

Overview of Peyia Hills Apartments Property Development

The Peyia Hills Apartments development, crafted by Leptos Estates, presents a unique investment opportunity in the realm of high-end real estate in Cyprus. Nestled just outside Paphos, this project combines modern design with a scenic backdrop, providing residents with both luxury and comfort.

Location and Accessibility

Located only 3 km from the stunning Blue Flag beaches of Coral Bay, the Peyia Hills Apartments offer effortless access to one of Cyprus’s most beautiful coastal areas. The main road leading to Peyia is a mere few hundred meters away, ensuring that local shops, restaurants, and entertainment are always within reach. With proximity to essential services and beautiful landscapes, this site exemplifies the charm found in exclusive property developments in Peyia.

Property Features and Specifications

Completed in 2008, the Peyia Hills Apartments feature luxurious units that include one, two, and three-bedroom layouts. These contemporary residences boast large terraces, modern kitchen facilities, and advanced amenities that cater to the lifestyle of discerning buyers. For example, a third-floor apartment spans 64.70m², with a total covered area of 104.25m², complete with a roof terrace of 8.28m², offered at a competitive price of €328,000 with a 5-year rental guarantee at 3%². Residents can enjoy community amenities, including a central pool and vast sunbathing areas, while experiencing the gentle Mediterranean climate that enhances lifestyle opportunities².

Investment Potential

The Peyia Hills Apartments are not only an ideal home; they represent a lucrative investment opportunity. With incredibly low annual fees and the potential for appreciation bolstered by the area’s growing tourism industry, buyers find this development attractive. Cyprus’s friendly investment climate, highlighted by a low corporate tax rate of 12.5%, along with a valuable reduced VAT rate of 5% for primary residences, make this location appealing to global investors²¹. As Cyprus ranks among the top relocation destinations worldwide, investing in this property development becomes a strategic choice for those looking to secure high-value real estate in this stunning Mediterranean region.

Peyia Hills Apartments: Features and Amenities

The Peyia Hills Apartments by Leptos Estates luxury residences offer an impressive array of features designed to enhance the living experience of residents. These modern apartments in Peyia Hills provide luxurious living spaces, promoting comfort and style in a stunning setting.

Luxurious Living Spaces

Each apartment is thoughtfully designed, featuring large interiors that bathe in natural light and panoramic views of the sea. Residents can enjoy fully equipped kitchens, spacious bedrooms with built-in wardrobes, and outdoor terraces ideal for entertaining guests. These elements are all hallmarks of the prestigious real estate projects in Cyprus.

Community and Lifestyle

The community surrounding Peyia Hills Apartments is centered around a lifestyle of relaxation and social engagement. Beautifully landscaped gardens and a large communal swimming pool provide residents with ample opportunities to unwind and connect with neighbors. The harmonious blend of serenity and luxury exemplifies what living in Leptos Estates luxury residences is all about.

Access to Local Amenities

Accessibility is further enhanced by the proximity to local amenities, catering to the diverse needs of residents. A variety of shops, restaurants, and leisure activities are located nearby, including an international private school and attractive tourist spots. This balance of village charm and modern convenience solidifies Peyia Hills as a prime location for those seeking both comfort and accessibility.

Notable nearby hotels include Crown Resorts Horizon Peyia, offering 210 rooms with sea views³, and Nefeli Homes – Adults Only, which boasts a rating of 9.4 based on 445 reviews³. These establishments enhance the local hospitality scene, attracting visitors and increasing the area’s appeal.

Peyia Hills Apartments are strategically positioned to provide a fulfilling lifestyle that blends luxury with community living.

Conclusion

Peyia Hills Apartments stand out as a remarkable opportunity for individuals seeking both luxury living and a smart investment in the vibrant heart of Cyprus. The carefully designed properties by Leptos Estates offer a harmonious blend of sophisticated modern amenities and a picturesque Mediterranean lifestyle, making it an ideal choice for homeowners and investors alike.

The strategic location in Peyia, alongside the stunning natural scenery and traditional charm, enhances the investment potential in Peyia Hills. As part of a dynamic real estate market, these apartments not only promise a tranquil and fulfilling lifestyle but also project significant appreciation in value over time, ensuring a worthwhile investment for discerning buyers.

With options that accommodate both large and small families, the Leptos Estates Peyia properties cater to diverse buyer preferences. By choosing Peyia Hills Apartments, one embraces not just a beautiful home but a vibrant community life, rich in culture and outdoor activities. Interested buyers can learn more about this unique offering and explore the investment potential in Peyia Hills⁴⁵.

Source Links

1. https://www.cyprusresaleproperties.com/Property-Peyia-Hills-2-Bedroom-Penthouse-with-Roof-Garden.html
2. https://www.slideshare.net/slideshow/peyia-hills-iii-304-239281852/239281852
3. http://lovely-1-bedroom-apartment-in-peyia-hills-complex.peyia.top-hotels-cy.com/en/
4. https://www.cyprus-villa-retreats.com/villas-to-rent/villa-locations/villas-in-peyia/
5. https://www.property-canvas.com/articles/how-much-does-it-cost-to-buy-a-house-in-cyprus