ATHANASIOU TOWER Property Development In Mouttagiaka, Limassol
Last Updated on: 21st December 2024, 05:17 am
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The ATHANASIOU TOWER is a premier real estate development that redefines luxury living in the vibrant area of Mouttagiaka, Limassol, Cyprus. This modern residential complex, completed in December 2020, boasts contemporary architectural elegance just 300 meters from the beach. With a total of 14 floors housing 39 apartments and one exclusive penthouse, the tower caters to discerning homeowners seeking spacious living ranging from 84 to 268 square meters1. Each residence is designed to maximize comfort and style, featuring panoramic sea views which enhance the overall living experience2.
Investors will find the ATHANASIOU TOWER not only appealing for personal residence but also as a lucrative investment opportunity given the competitive pricing starting from €744,975 to €2,600,0003. With high energy efficiency ratings, advanced amenities, including a fitness center and an open pool, as well as a gated complex with CCTV security, this development exemplifies the best of modern real estate in Limassol.
Key Takeaways
- Located in Mouttagiaka, just 300 meters from the beach.
- 14-story tower with 39 luxury apartments and a penthouse.
- Available apartment sizes range from 84 m² to 268 m².
- Price ranges from €744,975 to €2,600,000.
- Offers modern amenities including a fitness center, pool, and underground parking.
- Completed in December 2020 with a focus on energy efficiency.
Overview of ATHANASIOU TOWER
The ATHANASIOU TOWER represents a significant addition to the Mouttagiaka property market, showcasing modern luxury in Limassol. This high-rise building stands proudly among the various Limassol construction projects, designed to provide an extraordinary living experience.
Location and Accessibility
Strategically situated in the Mouttagiaka area, ATHANASIOU TOWER is just 300 meters from the coast, appealing to those who prioritize easy beach access. The vibrant local amenities include an array of restaurants, cafes, and shopping options, enhancing the upscale lifestyle residents enjoy. With excellent transport links, commuting to other parts of Limassol is seamless, making this location desirable for both residents and investors alike.
Architectural Features
The architectural design of ATHANASIOU TOWER displays ultramodern aesthetics, emphasizing both functionality and style. Rising up to 13 floors with 41 apartments, it features premium finishes and high-end utilities, which include spacious 2 and 3-bedroom units, complete with covered verandas offering panoramic views of the sea and city landscapes4. The building showcases distinctive elements such as a gated entrance, beautifully landscaped gardens, and exclusive amenities like a private rooftop swimming pool and gym facilities5.
Construction Details
Incorporating advanced construction techniques, ATHANASIOU TOWER guarantees energy efficiency, boasting an Energy Class A rating6. The total covered area for apartments extends to 245 square meters, with features such as underfloor heating, underground parking, and secure storage spaces that underscore the commitment to resident comfort. With 23 two-bedroom and 18 three-bedroom apartments, potential owners can select living configurations that best suit their preferences6.
Luxury Living at ATHANASIOU TOWER
ATHANASIOU TOWER sets a new standard for luxury living with its impressive array of configurations. This newly constructed high-rise features luxury apartments Limassol that cater to diverse needs and preferences.
Available Apartment Configurations
Among the 39 available residences, choices range from spacious two and three-bedroom apartments to opulent four-bedroom penthouses. The apartments offer covered areas between 84 and 268 square meters, ensuring ample space for relaxation and entertainment. The luxurious penthouses uniquely feature private rooftop pools, enhancing the living experience while providing stunning sea views. Each apartment is designed to maximize comfort with intelligent layouts, whether for families or corporate living6.
High-Quality Finishing and Modern Amenities
The attention to detail in the construction of ATHANASIOU TOWER highlights the use of high-quality materials, ensuring durability and aesthetic appeal. The ATHANASIOU TOWER amenities include covered parking spaces for residents, energy-efficient designs rated Class A, and safety features like a gated entrance. For leisure, residents can enjoy beautifully landscaped surroundings, a fitness center, a children’s playground, and even a tennis court. Proximity to the pristine coastline, just 300 meters away, adds to the appeal of modern real estate Limassol71.
Investment Opportunities in Mouttagiaka, Limassol
Mouttagiaka stands out as an attractive area for those exploring investment opportunities Limassol offers. The region has experienced a surge in luxury real estate development, reflecting the growing demand from both local and international buyers.
Market Trends in Limassol Real Estate
As the second largest city in Cyprus, Limassol serves as the country’s economic and cultural hub. Over the last half-century, the population of Germasogeia, adjacent to Mouttagiaka, has increased nearly tenfold, largely due to extensive construction in the area8. The average listing price for a house in Mouttagiaka is about €723,212, driven by its coastal beauty and modern amenities9. It is noteworthy that luxury properties in Mouttagiaka achieved a price peak of €3,450 per square meter, emphasizing the area’s desirability9.
Benefits of Investing in ATHANASIOU TOWER
Investing in ATHANASIOU TOWER offers unique prospects in an evolving market. With a price range for three-bedroom apartments between €885,000 and €990,000, investors have access to premium real estate options10. The tower features a range of amenities such as a communal pool, fully equipped gym, and panoramic sea views, enhancing the attractiveness of the investment10. As prices are expected to rise with ongoing developments, now is the time to seize investment opportunities Limassol presents.
Conclusion
The ATHANASIOU TOWER in Mouttagiaka, Limassol, represents a pinnacle of luxury living. With its stunning architectural features and access to modern amenities in Limassol, it caters perfectly to the refined tastes of today’s residents. This property is not just a home; it serves as a viable investment opportunity within the thriving Limassol real estate market, which experienced a significant boost with commercial real estate investments reaching €1.65 billion in 2022, a 40% increase from the year before11.
In addition, the strategic location of ATHANASIOU TOWER paves the way for potential growth, taking advantage of the increased demand for quality living spaces in the region. As developments such as the 27-storey Dream Tower and multiple luxury projects come to life, investing in this property ensures alignment with the region’s ongoing transformation aimed at sustainable and upscale living12.
As we look to the future, ATHANASIOU TOWER stands as a beacon of sophistication and a robust investment in the ever-evolving landscape of Limassol’s real estate sector. By positioning itself among premier residential offerings, it is poised to appeal to investors and homeowners seeking not just luxury, but a lifestyle defined by excellence in a booming market.
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Source Links
- https://dom.com.cy/en/live/complexes/towers-limassol/athanasiou-tower-limassol/
- https://geoln.com/cyprus/limassol/4808
- https://athanasiou.com/en/portfolio
- https://www.droussiotis.com/property-4799/
- https://index.cy/company/chr-athanasiou/
- https://athanasiou.com/en/athanasiou-tower
- https://athanasiou.com/en/portfolio/apartments
- https://dom.com.cy/en/live/blog/top-5-limassol-districts-for-real-estate-investment-in-2022/
- https://mlsworldwide.com/en/sale-cyprus-lemesos-mouttagiaka
- https://www.droussiotis.com/property-4797/luxury-three-bedroom-apartment-in-mouttagiaka/
- https://businessfocus.org.uk/interview-with-odisseas-athanasiou-ceo-lamda-development/
- https://www.limassolchamber.eu/En/articles/1228/2020/12/04/Towers-in-Limassol—the-next-day