Etoile Property Development By AGG LUXURY HOMES

Last Updated on: 2nd November 2024, 05:25 am

Welcome to the world of Etoile Property Development By AGG LUXURY HOMES, where luxury real estate meets unparalleled elegance. Nestled in the heart of Limassol, Cyprus, Etoile represents the pinnacle of modern living, brought to you by the reputable AGG Group. Established in 1978, AGG LUXURY HOMES is renowned for creating bespoke residences that combine style with comfort. Their commitment to quality and superior customer satisfaction has made them a trusted name in the property development sector.

At Etoile, homebuyers will find not just a property, but a lifestyle. The development offers stunning villas and modern apartments, designed to encapsulate breathtaking views and contemporary architecture. Whether it’s a family residence or a tranquil escape, Etoile stands out as the ultimate choice for those craving high-end homes infused with the best amenities.

For those interested in discovering more about this exclusive offering, visit Etoile Property Development By AGG LUXURY and explore the potential of investing in a luxurious property that embodies elegance and sophistication¹.

Key Takeaways

• Etoile is developed by AGG LUXURY HOMES, a renowned name in luxury real estate.
• The development features opulent villas and modern apartments with breathtaking views.
• AGG Group has been delivering quality properties since 1978, showcasing their commitment to client satisfaction.
• Etoile offers a blend of contemporary designs and upscale amenities for a luxurious lifestyle.
• Investing in Etoile presents unique opportunities in the burgeoning Cyprus real estate market.

Introducing Etoile Property Development

AGG LUXURY HOMES is a distinguished name in the realm of luxury real estate in Cyprus, exemplifying a commitment to quality and sophistication. Their extensive experience in property development ensures that they deliver high-quality projects that appeal to discerning buyers. With a portfolio that boasts an impressive total of €7.4 billion in assets under management across key European markets, AGG LUXURY HOMES continually showcases its prowess in the industry². This company has earned a reputation for excellence through its careful attention to detail, modern architectural designs, and dedication to providing exclusive properties that enhance the lifestyle of their clientele.

Overview of AGG LUXURY HOMES

The company’s history between 2000 and 2008 saw strategic acquisitions of properties valued over €1 billion for Israeli investors, laying a solid foundation for its future ventures². Currently, AGG LUXURY HOMES operates globally, with offices in France, Germany, Spain, the Netherlands, South Korea, and the UK, reflecting its international reach². Their approach to property development prioritizes independence, avoiding reliance on banks or brokers, and emphasizes a personal touch with a diverse array of services, including asset management and corporate management². Many of their clients have enjoyed long-lasting relationships with the firm, often spanning more than twenty years.

What Sets Etoile Apart in Luxury Real Estate?

Etoile Property Development By AGG LUXURY HOMES stands out due to its unique offerings. The Etoile development comprises a mix of 274 condominiums, 102 rental apartments, and three townhomes, reflecting a sophisticated urban lifestyle³. This high-rise building, reaching 47 stories, proudly showcases 277 luxury units with expansive indoor amenities exceeding 15,000 square feet³. The anticipated completion date is early 2028, allowing prospective buyers to envisage their future residences within this exciting community.

This commitment to excellence is further demonstrated with Etoile’s luxury homes, where an average square footage of 2,915 sq. ft. allows ample living space⁴. The homes consist of four bedrooms and three and a half bathrooms, catering to families seeking comfort and style⁴. Furthermore, 65% of these exclusive properties offer stunning views, enhancing their desirability⁴. Buyers can expect a 25% increase in property value after completion, presenting a rewarding investment opportunity⁴.

Features and Amenities of Etoile Development

Etoile is set to transform the landscape of luxury living with its thoughtfully designed luxury apartments that cater to various lifestyle needs. The development features a selection of stunning one, two, and three-bedroom layouts, ensuring that residents can find a perfect fit for their preferences and families. Each unit is equipped with high-quality finishes and maximizes natural light, creating open-concept living areas ideal for relaxation or entertaining guests.

Thoughtfully Designed Luxury Apartments

Units within Etoile range in size from 569 to 1,818 square feet, with ceiling heights of 9 feet and over 10 feet in penthouse residences and townhomes. These luxury apartments offer chic features such as large balconies and a choice of designer color schemes. Kitchens include two-tone soft close cabinets, quartz countertops with a full waterfall finish, and high-performance Bosch appliances, ensuring that residents enjoy both style and functionality in their homes⁵⁶.

Community Amenities for Upscale Living

The community amenities at Etoile serve to enhance upscale living, providing 37,000 square feet of combined space dedicated to leisure and relaxation. Residents can enjoy a large outdoor swimming pool, hot tub, and a sundeck equipped with cabanas. Fitness centers in each tower and private social lounges cater to an active lifestyle and foster a sense of community among residents. These thoughtful designs create the perfect backdrop for social interactions and leisure activities⁵.

Prime Location Benefits in Limassol

Situated in the vibrant core of Limassol, residents benefit from quick access to an array of shopping, dining, and entertainment options. Easy highway connections allow exploration throughout the beautiful island of Cyprus, making Etoile not just a home, but a gateway to the rich experiences that the area offers. The combination of luxury apartments and extensive community amenities in such a prime location establishes an ideal setting for those seeking upscale living in Limassol⁶.

Investment Opportunities with Etoile

Investing in property development in Cyprus presents enticing benefits for both individual buyers and institutional investors. The strategic location of Cyprus, combined with its favorable economic climate, makes it a flourishing market for real estate.

Why Invest in Property Development in Cyprus?

The appeal of Cyprus as a property investment destination is primarily due to its attractive incentives for foreign investors. The real estate market has shown resilience, attracting a diverse range of buyers. These investment opportunities are bolstered by the island’s robust tourism sector, which continues to thrive, driving demand for luxury properties. With stunning coastal views and a Mediterranean lifestyle, developments like Etoile are at the forefront of this growth.

Financing and VAT Considerations

Understanding financing options is vital when considering investment opportunities in property development in Cyprus. Notably, VAT considerations play a significant role in the purchasing process. New properties, such as those developed by AGG LUXURY HOMES, may qualify for reduced VAT rates of 5% under specific conditions. This unique financial landscape not only facilitates the acquisition of luxury real estate but also presents a solid investment for future returns.

For those interested in exploring the performance of funds related to property investments, the Etoile fund managed by AGG LUXURY HOMES exemplifies the potential for lucrative returns.

Investing in luxury properties on this beautiful island ensures that buyers are not merely making a lifestyle choice but engaging in a promising financial venture within the realm of property development in Cyprus. The favorable conditions and the potential for long-term growth in this sector highlight the importance of aligning with trusted developers like AGG LUXURY HOMES⁷.

Conclusion

Etoile by AGG LUXURY HOMES truly captures the essence of luxury living in Limassol, offering discerning buyers an unmatched blend of modernity, comfort, and exclusivity. This high-end property development is designed for those seeking a harmonious lifestyle, enriched with class and convenience.

As a standout in the luxury real estate market, Etoile caters to a wide range of preferences, featuring thoughtfully designed residences that promise a remarkable living experience. The strategic investment opportunities further enhance its appeal, making it an attractive choice for anyone looking to invest in the vibrant landscape of Limassol.

In summary, Etoile is more than a property; it’s a lifestyle destination that defines upscale living. With its exceptional features and prime location, Etoile remains a premier option in Cyprus’s competitive luxury real estate sector, solidifying its position as a symbol of sophistication and elegance in luxury living.

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Source Links

1. https://nileestate.com/en/New-Cairo-City/Etoile-Des-Villes
2. https://www.theceomagazine.com/executive-interviews/property-real-estate/didier-unglik/
3. https://www.nestpresales.com/listings/bldg-37602/Etoile Gold-Burnaby North
4. https://www.vancouvernewcondos.com/properties/etoile-gold-brentwood/
5. https://www.nestpresales.com/listings/bldg-2978/Etoile Brentwood-Burnaby North
6. https://www.bccondosandhomes.com/building/etoile-2360-douglas-road
7. https://www.agence-etoile.fr/en/2024/05/15/foreign-investment-in-france-in-2024/
8. https://www.re-thinkingthefuture.com/articles/the-etoile-france/
9. https://www.gs1.org/docs/gdsn/Etoile_Phase_II_Lessons_Learned_final.pdf
10. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8185131/