Aphrodite Park Residence Property Development In Nicosia
Last Updated on: 21st December 2024, 05:28 am
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Discover the elegance of the Aphrodite Park Residence, a premier property development nestled in the heart of Nicosia. This dazzling community promises a blend of luxury homes in Nicosia and exceptional living, tailored for discerning buyers and investors looking for high-quality real estate in Cyprus. Developed by the esteemed Evergreen Developments Group, Aphrodite Park Residence showcases unique architectural designs across its meticulously planned layout. With a starting price as low as $44,600 for an apartment, it’s an enticing opportunity for property investment Nicosia, reflecting a profound commitment to quality and style. The complex, consisting of 8 floors and built with monolithic construction, features a variety of amenities, making it one of the top residential options in the area. Residents can enjoy proximity to the beach, with the complex located just 300 meters away, offering both leisure and lifestyle benefits1. The overall real estate market in Nicosia continues to thrive, enhancing the investment potential of this remarkable location.
Key Takeaways
- Aphrodite Park Residence features luxury living options starting from $44,600.
- The development includes 128 flats with diverse configurations.
- Strategically located just 300 meters from the beach.
- Offers a range of amenities, including a pool, fitness center, and bar.
- Significant opportunities for property investment in Nicosia’s booming market.
Overview of Aphrodite Park Residence
Aphrodite Park Residence stands out among Nicosia property developments due to its stunning coastal location just 300 meters from the beach. This prime position provides residents with easy access to the beautiful shores, while being within walking distance to the lively center of Gaziveren, where local shops, cafes, and restaurants can be enjoyed.
Location Advantages
The residence is strategically located near the charming town of Lefke, which is known for its European connections through the Cittaslow project. With a significant student population from the International University, the area promises excellent long-term rental returns, making it an attractive investment for those seeking upscale living in Nicosia. Furthermore, the proximity to the Troodos ski resort, merely 60 km away, adds to the appeal of the location.
Architectural Excellence
Aphrodite Park Residence features an impressive eight-story monolithic construction that combines durability with modern aesthetics. The development includes 128 apartments, comprising studio, one-bedroom, and two-bedroom units, all designed to maximize open spaces and breathtaking views of the Mediterranean. Emphasizing luxury, the architectural design ensures that each unit delivers an upscale living experience for its residents.
Apartment Type | Price (£) | Size (m2) | Bedrooms | Bathrooms |
---|---|---|---|---|
Studio | 55,000 | 37 | 1 | 1 |
One-bedroom | Info not available | Info not available | 1 | 1 |
Two-bedroom | Info not available | Info not available | 2 | 1 |
Duplex Penthouse | Info not available | Info not available | 2 | 2 |
Facilities include a rooftop pool and bar, a communal swimming pool, gym and spa, along with vibrant dining options right by the seafront. The Aphrodite Park Residence amenities are thoughtfully designed to provide a resort-like lifestyle that enhances the living experience.
In addition to its luxury features, the property offers a fully managed rental program, providing peace of mind for investors while ensuring a solid return on investment.
The appeal of Aphrodite Park Residence lies not just in its luxurious offerings but also in the vibrant community and excellent investment opportunities.
Aphrodite Park Residence Amenities
The Aphrodite Park Residence amenities have been thoughtfully crafted to ensure a luxurious lifestyle for all residents. These features create an enriching environment that promotes relaxation and well-being.
Recreational Facilities
The complex boasts a range of recreational facilities, including a large swimming pool, scenic gardens, and expansive sun terraces with loungers, making it perfect for unwinding. A stunning rooftop pool offers spectacular views of the Mediterranean Sea, complemented by a stylish rooftop bar ideal for social gatherings. For the active lifestyle, a fully equipped gym ensures fitness enthusiasts can maintain their routines without leaving the premises. Residents can also take advantage of the on-site surf school, promoting water sports right at their doorstep.
Onsite Services
The onsite services at Aphrodite Park Residence elevate the experience of living in these luxury homes in Nicosia. The property provides comprehensive support through restaurant services, offering a delightful dining experience, and specialized facilities aimed at enhancing residents’ comfort. Assistance with legal, visa, and banking services makes the transition smoother for newcomers. Visitors can enjoy efficient liaison services that ensure a vibrant community atmosphere.Explore more about the amenities as well as the stunning two-bedroom apartments that boast a modern design and ample space, with home areas starting at 85 m² and prices from £137,5004
Investment Opportunities in Nicosia’s Real Estate Market
Investing in the Nicosia real estate market provides a wealth of promising opportunities, particularly within developments like Aphrodite Park Residence. This project boasts a prime location alongside exceptional quality construction, setting a strong foundation for significant property appreciation. The competitive pricing, which starts at approximately $1,115 per square meter with minimum apartment prices around $44,600, makes it an attractive option for both local and international buyers.
Advantages of Investing in Aphrodite Park Residence
Aphrodite Park Residence is positioned strategically, allowing easy access to various amenities and educational institutions, such as the prestigious University of Nicosia. This immediate access enhances its appeal for families seeking to balance work, education, and lifestyle. Nicosia offers numerous tax incentives for foreign investors, including low corporate tax rates and the possibility of citizenship through substantial investments, which can significantly enhance the area’s attractiveness for investment5.
The Growing Nicosia Real Estate Market
The real estate market in Nicosia is thriving, strengthened by the overall stability of the economic climate. Property prices have shown positive growth, largely driven by the rising demand for luxury accommodations and waterfront properties. Popular residential areas in Nicosia include Archangelos, Strovolos, and Engomi, presenting various investment options for potential buyers. The expected annual increase in property prices in Lefkoşa varies between 7% and 12%, indicating a strong upward trajectory in the market6. Furthermore, Nicosia remains an attractive market for foreign investors, despite obligatory permits that might prolong property transactions by approximately two months5.
Property Type | Average Price (EUR) | Expected Annual Growth |
---|---|---|
Studio Apartment | 45,000 | 7% – 12% |
1-Bedroom Apartment | 60,000 | 7% – 12% |
2-Bedroom Apartment | 80,000 | 7% – 12% |
Luxury Villa | 250,000 | 7% – 12% |
As the Nicosia real estate market continues to evolve and expand, carefully selected investments can yield substantial long-term benefits backed by thorough market research and guidance from industry professionals5.
Conclusion
In summary, the Aphrodite Park Residence Property Development In Nicosia presents a unique opportunity for those seeking a blend of luxury and functionality in their living spaces. With a thoughtful design of two distinct buildings centered around a swimming pool and beautifully landscaped courtyard, this development is set to appeal to a wide range of residents and investors alike. The combination of affordable pricing and diverse apartment layouts, from studio to three-bedroom units, enhances its accessibility for potential buyers looking for property investment Nicosia7.
Furthermore, the on-site amenities, including a children’s pool, playground, and restaurant, contribute to a vibrant community atmosphere that enhances both lifestyle and investment potential. The strategic positioning of this property in a quiet, green area of Nicosia, along with options for flexible payment plans, makes it an attractive choice for long-term growth in the evolving real estate market7.
Overall, as Nicosia’s real estate continues to attract attention, investments like the Aphrodite Park Residence are ideally poised for significant appreciation. This project stands not only as an excellent choice for residence but also as a lucrative opportunity for generating rental income through individual lease agreements provided by property management services7. For more information, please visit Aphrodite Park Residence, where you can explore what makes this development such an exceptional option in North Cyprus.
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Source Links
- https://geoln.com/cyprus/nicosia/4787
- https://www.cyprus-luxury-estates.com/properties/aphrodite-park-residence
- https://ncyprus.com.tr/property/luxury-living-at-aphrodite-park-residence-studio-in-north-cyprus/
- https://ncyprus.com.tr/property/luxurious-apartment-at-aphrodite-park-residence/
- https://dom.com.cy/en/live/blog/is-it-worth-buying-a-property-in-cyprus-nicosia/
- https://dxboffplan.com/property-for-sale-in-nicosia/
- https://www.maxon.bg/Sunny_Beach/Aphrodite_Park/?lang=en&t=new