ARKADIA RESIDENCES 1 Property Development By Island Blue

Last Updated on: 2nd November 2024, 05:28 am

Welcome to ARKADIA RESIDENCES 1, a remarkable development nestled in the charming Kato Paphos region. This premium residential project, crafted by the celebrated developer Island Blue, epitomizes luxury real estate tailored for those who seek sophistication and comfort. With prices starting from €405,900, ARKADIA RESIDENCES 1 offers an array of modern apartments, each designed to provide an upscale living experience. This exceptional development features nine single-floor apartments, each boasting a private pool, completing a vision of elegance and exclusivity in the heart of Paphos.

Island Blue is renowned for its emphasis on quality and artistry, having received multiple accolades including awards at the European Property Awards and five-star International Property Awards¹. Their commitment to creating transformative experiences in luxurious living spaces ensures that ARKADIA RESIDENCES 1 is not just a property but a lifestyle statement.

As the handover status for this completed project has already been achieved, prospective homeowners and investors looking for prime location properties have a unique opportunity to invest in their future. Explore more details about this exciting project by visiting ARKADIA RESIDENCES 1 and discover the luxury that awaits you in Paphos.

Key Takeaways

• ARKADIA RESIDENCES 1 is designed by the esteemed developer Island Blue.
• Located in Kato Paphos, offering stunning views and modern amenities.
• This luxury real estate project features nine exclusive apartments with private pools.
• The project started at a price of €405,900, catering to sophisticated lifestyles.
• Island Blue’s accolades highlight their dedication to high-quality developments.
• Invest in premium residential properties and enjoy the unique Cyprus lifestyle.

Overview of ARKADIA RESIDENCES 1

ARKADIA RESIDENCES 1 Property Development By Island Blue exemplifies modern urban living with its vibrant environment and exclusive residential development. This project promises a lifestyle rich in amenities, built to satisfy the needs of its residents.

Introduction to Island Blue

Island Blue stands as a renowned real estate developer in Cyprus, celebrated for its dedication to luxury and quality in every project. The company has a proven history of delivering upscale living spaces that cater to preferences for contemporary design and functionality.

Location and Accessibility

The ARKADIA RESIDENCES 1 development is strategically situated in Kato Paphos, a thriving area known for its beautiful beaches and vibrant community. Residents benefit from easy access to essential local amenities, including shopping, dining, and entertainment options. Public transport infrastructure enhances the accessibility for both residents and visitors, making the location even more appealing.

Property Features and Design

This exclusive residential development presents seven modern apartments with breathtaking city and sea views. The architecture reflects contemporary elegance, with each unit designed for optimal comfort. The properties range from 50 to 75 m² and are equipped with features like a rooftop pool and optional underfloor heating, suitable for those seeking upscale living spaces.

Currently, the properties boast prices starting at €270,600, with a maximum at €405,900. For example, Apartment 101 offers a spacious internal area of 75 m² and is priced at €405,900, while Apartment 102 comes with a cozy 50 m² and a price of €270,600. With only 3 available lots out of 6, the demand for these apartments is high, making this an intriguing investment opportunity. The development features modern amenities, including a convenient distance of just 1500 m to the sea and the construction is set to complete in 2024²

This upscale residential development is under construction but promises to deliver a lifestyle rich in comfort and convenience, perfectly blending luxury with practicality. As a result, ARKADIA RESIDENCES 1 is tailored to meet the demands of modern condo living right in the heart of Kato Paphos.

Investment Opportunities in ARKADIA RESIDENCES 1

Paphos continues to evolve as a prime location for real estate investments, thanks to its appealing blend of luxury and accessibility. Understanding the current market trends in Paphos is crucial for prospective buyers. The area has experienced a boost in real estate growth, fueled by heightened demand for upscale apartments and favorable conditions for foreign investments.

Current Market Trends in Paphos

The real estate scene in Paphos is marked by a growing interest in properties like ARKADIA RESIDENCES 1. Recent statistics reveal that the property price to income ratio stands at 7.41, indicating robust potential for investment opportunities in the locale³. Moreover, the luxurious developments appeal not just to buyers but to investors looking for steady returns.

Price Range and Financing Options

For those considering the ARKADIA RESIDENCES 1, the starting price for a one-bedroom apartment is €405,900, which positions it competitively in the price range of similar properties. Financing options are favorable, featuring mortgage rates around 3.80%, making it feasible for many to invest over a fixed term of 20 years⁴.

Long-term Benefits of Investing

Investing in ARKADIA RESIDENCES 1 comes with considerable long-term benefits. The strong demand for rentals in Paphos suggests that owners can expect positive rental income. The area’s appealing lifestyle and quality amenities are likely to contribute to appreciating property values, enhancing the long-term benefits of investing in this development⁵.

The information underscores how ARKADIA RESIDENCES 1 stands out as an attractive option for those reflecting on investment opportunities in a flourishing market.

Conclusion

In summary, ARKADIA RESIDENCES 1 signifies a remarkable opportunity for individuals searching for luxury real estate investment options in Cyprus. This exclusive development, created by Island Blue, boasts modern condos equipped with superior amenities in a prime locale, making it an attractive choice for discerning buyers.

The favorable market trends and increasing demand for upscale living spaces further enhance the allure of investing in ARKADIA RESIDENCES 1. With an average apartment price of €1,589,000 and offerings ranging from one to four-bedroom units, this development provides an appealing selection for various preferences and budgets⁶.

Investors stand to benefit not only from immediate comfort and luxury but also from the long-term value that ARKADIA RESIDENCES 1 promises. As aspirants seek to immerse themselves in a premier lifestyle, this development is poised to be a wise investment for the future discover ARKADIA RESIDENCES 1 today.

Source Links

1. https://dom.com.cy/en/live/developers/zastroyshchiki-pafosa/island-blue/
2. https://antariahomes.com/en/project/arkadia-residences-1/
3. https://investgomarket.com/property/9692
4. https://nicyprus.com/en/property/apartment-11-with-private-pool-in-arkad/
5. https://bluehorizonpropertiesnorthcyprus.com/property/arcadia-studio/
6. https://antariahomes.com/en/project/soho/