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BAYVIEW III Property Development By Panicos Tylliros & Son

BAYVIEW III Property Development By Panicos Tylliros & Son
BAYVIEW III Property Development By Panicos Tylliros & Son
BAYVIEW III Property Development By Panicos Tylliros & Son

Last Updated on: 22nd December 2024, 12:01 pm

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BAYVIEW III is a premier luxury property development located in Episkopi, Limassol, Cyprus, brought to life by the esteemed Panicos Tylliros & Son development, which was established in 1994. This construction firm is renowned for its commitment to quality materials and exceptional craftsmanship, a hallmark of each project they undertake. With a dedicated team of experienced professionals, Panicos Tylliros & Son aims to elevate the living standards of residents through meticulously designed spaces that blend seamlessly with their surroundings, ensuring both comfort and elegance for future homeowners.

The development not only promises luxury but also showcases an architectural harmony that respects its natural landscape, which is vital for sustainable living. As such, BAYVIEW III stands as a testament to the dedication of Mr. Panicos Tylliros, who emphasizes the importance of planning interior and exterior designs in collaboration with clients, ensuring that each property meets their unique needs. For those interested in luxury property development, BAYVIEW III offers an enticing opportunity that embodies sophistication and lifestyle enhancement.

Key Takeaways

  • BAYVIEW III is located in Episkopi, Limassol, Cyprus.
  • Panicos Tylliros & Son was founded in 1994 and specializes in high-quality construction.
  • The development integrates luxury living with environmental considerations.
  • Mr. Panicos Tylliros focuses on client satisfaction and custom design plans.
  • The team prides itself on trust and committed partnerships.

Overview of BAYVIEW III Property Development

The BAYVIEW III project stands as a remarkable addition to the realm of high-end residential development in Episkopi. This luxury property development is strategically situated in a prestigious district, offering residents both tranquility and accessibility to essential amenities. Below we explore key details about the location, accessibility, and standout features of this innovative development.

Location and Accessibility

Positioned just 2 km from the beach and 13.5 km from the city center, the BAYVIEW III project delivers an exceptional balance of urban convenience and coastal charm. Residents are greeted with fresh sea air in an environmentally pristine area. With nearby public transportation options and local schools, this development enhances its allure, particularly for families seeking both comfort and accessibility. This development embodies a commitment to quality, showcased by Bayview Development Group’s prior projects such as the SJSC Towers in downtown San Jose explore more about their vision

Development Highlights

The BAYVIEW III project is distinguished by its stunning architectural design, featuring panoramic windows that flood the living spaces with natural light. As a luxury property development, it brings a suite of comprehensive amenities, such as state-of-the-art security systems, beautifully landscaped green areas, and facilities designed with children in mind. These thoughtful features combine to cultivate a harmonious living environment for all residents, aligning with the core principles of modern high-end residential development1.

BAYVIEW III project high-end residential development

Luxury Living at BAYVIEW III

BAYVIEW III exemplifies the essence of luxury living, offering an unparalleled lifestyle that caters to the desires and needs of discerning residents. This development stands out with its remarkable features and commitment to enhancing the quality of life for its inhabitants.

High-End Residential Features

Designed with sophistication, the high-end residential features at BAYVIEW III create an atmosphere of elegance and comfort. These properties are crafted using premium materials, ensuring that each residence provides a unique and lavish living experience. With average sale prices reaching $8,191,636 and a spacious average square footage of 4,735 sqft, the focus on luxury is evident at every turn2.

Amenities and Lifestyle Offerings

The amenities and lifestyle offerings within BAYVIEW III cater to a vibrant community spirit. Residents enjoy stunning landscaped outdoor areas, children’s play spaces, and nearby social and commercial facilities. Every detail, from the amenities to the architecture, encourages an active and engaging lifestyle. For those seeking rentals, the average rental price is $15,866/month, highlighting the demand for these opulent living spaces2.

luxury living

Environmental Considerations

BAYVIEW III emphasizes environmental considerations, integrating sustainable practices into its design. These efforts resonate with residents who prioritize eco-friendly living, ensuring a balance between luxurious convenience and ecological responsibility. With 100% of the rental properties allowing pets and other thoughtful features, the development aligns luxury living with a commitment to the environment3.

BAYVIEW III Investment Opportunities

Investing in BAYVIEW III presents a range of attractive factors designed to entice prospective buyers.

Property Investment Advantages

The luxury property market in Limassol has shown resilience, with BAYVIEW III emerging as an exceptional option due to its premium construction and strategic location. These characteristics significantly enhance resale value, making it a compelling choice among property investment opportunities. The demand for high-quality residential spaces is driving prices up, providing investors with the potential for substantial returns.

Tax Benefits for Buyers

For buyers of new developments in Cyprus, the tax benefits for buyers can greatly reduce the overall cost of investment. Eligible individuals can access a reduced VAT rate of only 5% for properties up to 200 m², significantly alleviating the financial burden at the outset.

Real Estate Market Insights

Current trends in the market indicate a steady upward trajectory in property values within Limassol. This rise can be attributed to a surge in foreign investments, elevating the demand for luxury living experiences in Cyprus. BAYVIEW III is well-positioned in this thriving environment, making it an appealing option for investors seeking significant financial gains.

Conclusion

The BAYVIEW III Property Development stands as a beacon of modern luxury and opportunity in real estate. With its prime location and exceptional amenities, it provides an ideal living experience that appeals to both families and individual professionals. The focus on environmental considerations further distinguishes it in today’s market and aligns with burgeoning ecological awareness among home buyers.

Investment opportunities such as those presented by BAYVIEW III are not just timely but also strategically advantageous. Investors can anticipate benefits from tax incentives while enjoying the security of a flourishing market trend. As we have seen in recent legal cases involving property issues, prudent investment and knowledge of market dynamics are critical to success (learn more about a related case here4,).

Ultimately, the combination of luxury living, strategic investment prospects, and environmental synergy makes BAYVIEW III an attractive option. This development is bound to attract discerning buyers looking for quality, accessibility, and value, solidifying its place in the competitive landscape of real estate.

FAQ

What makes BAYVIEW III a unique luxury property development?

BAYVIEW III stands out due to its stunning architectural design, high-quality craftsmanship by Panicos Tylliros & Son, and its strategic location that balances luxury living with accessibility to amenities and the natural environment.

Where is BAYVIEW III located?

BAYVIEW III is located in the prestigious district of Episkopi, Limassol, Cyprus, just 2 km from the beach and 13.5 km from the city center, providing residents with easy access to key attractions and services.

What are the key features of the properties at BAYVIEW III?

The high-end residential features of BAYVIEW III include panoramic windows for natural light, modern materials, comprehensive amenities like security systems, landscaped areas, and child-friendly facilities, ensuring a comfortable living environment.

Are there any environmental considerations integrated into BAYVIEW III?

Yes, BAYVIEW III emphasizes sustainability and eco-friendly practices, promoting a clean living experience that aligns with environmental stewardship, appealing to residents who value green living.

What investment opportunities does BAYVIEW III offer?

Investing in BAYVIEW III provides significant advantages such as high-quality construction, a desirable location, and potential for high resale value, making it a sound investment in the robust Limassol luxury property market.

Are there any tax benefits for buyers of properties in BAYVIEW III?

Yes, buyers of new developments in Cyprus, including BAYVIEW III, can benefit from reduced VAT rates. Eligible individuals may qualify for a reduced VAT rate of 5% for properties up to 200 m², lowering their initial investment costs.

How is the real estate market performing in Limassol?

The real estate market in Limassol is experiencing a steady increase in property values, driven by foreign investment and demand for luxury living, making BAYVIEW III an attractive option for savvy investors.

Source Links

  1. https://urbanmilwaukee.com/2023/05/08/eyes-on-milwaukee-see-the-future-of-bay-view/
  2. https://www.globaltyinvestment.com/en/buildings/bayview-3
  3. https://www.redfin.com/neighborhood/155/CA/San-Francisco/Bayview-Heights/luxury-apartments-for-rent
  4. https://law.justia.com/cases/montana/supreme-court/2016/da-15-0108.html

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