Peyia Hills Apartments Golden Visa Property in Cyprus

Peyia Hills Apartments Golden Visa Property in Cyprus
Peyia Hills Apartments Golden Visa Property in Cyprus
Peyia Hills Apartments Golden Visa Property in Cyprus

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Located in the scenic village of Peyia, the Peyia Hills Apartments offer a luxurious living experience along Cyprus’s coastline. Developed by Leptos Estates, these luxury apartments provide residents with modern amenities, sun terraces, and breathtaking views of both the sea and mountains. The development is strategically designed for those seeking an impeccable blend of comfort, style, and convenience, making it an ideal Golden Visa property option in Cyprus.

Investing in the Peyia Hills Apartments isn’t just about securing a beautiful home; it’s a smart financial decision. Cyprus’s favorable tax benefits, including a low corporate tax rate of 12.5%, and its secure, welcoming environment make it a prime location for property investment1. With high-end property sales concentrated in areas like Paphos, these luxurious living spaces offer significant potential for appreciation in value2. Additionally, the region’s 340 days of sunshine a year perfectly complements the tranquil community lifestyle that residents can enjoy1.

Key Takeaways

  • Strategically located in the charming village of Peyia, offering a blend of tranquility and accessibility.
  • Developed by Leptos Estates, ensuring high-quality construction and elegant design.
  • Modern amenities and breathtaking views of the sea and mountains.
  • Ideal for those seeking Golden Visa Property Cyprus options.
  • Cyprus’s favorable tax benefits and secure environment enhance investment potential.

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Introduction to Peyia Hills Apartments

Peyia Hills Apartments Cyprus represent an esteemed development by Leptos Estates. Located in Peyia, just outside Paphos, these apartments offer a quintessential mix of luxury living Peyia and Mediterranean lifestyle Cyprus. Completed in 2008, this elegant property continues to attract both local and international buyers due to its modern amenities and strategic location3.

Peyia Hills Apartments Cyprus

Residents at Peyia Hills Apartments enjoy unrivaled access to the stunning Blue Flag beaches of Coral Bay, alongside numerous local amenities including shops, restaurants, and entertainment options. The presence of a large communal swimming pool and beautifully landscaped gardens further elevates the exclusivity of Peyia Hills Apartments3.

Each unit within this luxurious real estate reflects contemporary elegance, designed to offer the utmost comfort and high-quality living environment. Notably, the common yearly fees for the effective management of these properties are €20003. Combining this with Cyprus’s favorable tax benefits, such as the corporate tax rate of 12.5% and a reduced VAT rate of 5% for primary residences, the appeal of owning a unit here is significantly enhanced3.

For more information, visit the Peyia Hills Apartments listing to explore the full details and amenities that come with this extraordinary opportunity3.

Features and Benefits of Peyia Hills Apartments

When exploring options for a dream home or an investment in luxurious apartments Peyia Hills, it’s essential to understand the remarkable features and benefits offered by these modern apartments in Cyprus. With an ideal combination of elegant living spaces, a vibrant community, and strong investment potential, Peyia Hills Apartments are a top choice for discerning buyers and investors.

Luxurious Living Spaces

Designed to epitomize comfort and style, the Peyia Hills accommodation features spacious interiors filled with natural light. The apartments boast fully-equipped kitchens, roomy bedrooms with built-in wardrobes, and expansive outdoor terraces perfect for unwinding or entertaining guests. A two-bedroom penthouse covers a total area of 73m² and is priced attractively at €170,0003. Moreover, each unit is thoughtfully designed to cater to the sophisticated tastes of residents, promoting a luxurious yet relaxed lifestyle.

luxurious apartments Peyia Hills

Community and Lifestyle

Community living Cyprus is enriched at Peyia Hills thanks to shared amenities like a large swimming pool and sunbathing areas, which encourage social interaction among residents. The well-planned communal spaces and proximity to local amenities, shops, and leisure activities create an environment where neighbors can build lasting relationships. With a distance of just 0.2 km from the nearest bus stop and 2.4 km from the sea, convenience is a corner of everyday living3. Residents also enjoy easy access to diverse local attractions and scenic beaches.

Investment Potential

Investing in Peyia Hills Apartments presents a lucrative opportunity due to the strong rental market in Cyprus and the area’s growing popularity among tourists. Notably, investors can benefit from a rental guarantee of 3% for five years3, making it an attractive venture. The development has a proven track record of appreciation since its completion in 2008, and it boasts low yearly common fees at about €20003. With Cyprus offering a corporate tax rate of 12.5% and a reduced VAT rate of 5% on primary residences3, the financial benefits are substantial. Whether seeking a holiday apartment in Peyia Hills or a long-term real estate investment, the strategic location and high-quality construction enhance the property’s desirability and potential for sustainable returns.

For a variety of options in Peyia, explore vacation rentals Cyprus to find your ideal living space and experience all that Cyprus’s property rental market has to offer.

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Conclusion

Peyia Hills Apartments stands out as an exceptional choice for individuals and families seeking beautiful apartments in Cyprus. Situated in the serene town of Peyia, this development provides luxury apartments Peyia Hills with breathtaking Mediterranean views and modern amenities that enhance daily living. Whether you desire a primary residence or a profitable investment, Peyia Hills property advantages are hard to overlook.

Developed by Leptos Estates, Peyia Hills offers unmatched value, blending convenience and comfort while being close to essential services and recreational spots such as Coral Bay Beach and Laourou Beach4. Residents and investors alike can enjoy the serene, picturesque landscapes, which include the Akamas Peninsula and Avakas Gorge, ideal for outdoor activities and nature lovers4. This location also provides a strong historical context with close proximity to landmarks like the Kato Paphos Archaeological Park and the Tombs of the Kings4.

Investing in Peyia Hills ensures not just high-quality real estate but also a vibrant lifestyle characterized by local gastronomy, Mediterranean charm, and a tight-knit community. By opting for these beautiful apartments in Cyprus, you secure a property that offers enduring value, comfort, and a distinctive lifestyle. For further insights, explore how residents are balancing the benefits of new developments with the preservation of Peyia’s unique character by visiting this link5.

FAQ

What types of apartments are available at Peyia Hills Apartments?

Peyia Hills Apartments offer a range of 1 to 3 bedroom units. Each apartment features open living spaces, modern amenities, and sun terraces.

Who developed the Peyia Hills Apartments?

The Peyia Hills Apartments were developed by Leptos Estates, a renowned developer in Cyprus known for high-quality construction and elegant design.

What are some of the facilities provided at Peyia Hills Apartments?

Residents can enjoy essential facilities such as covered parking, elevators, roof terraces, and a large communal swimming pool. The development also features beautifully landscaped gardens.

What makes Peyia Hills Apartments a good investment?

Investing in Peyia Hills Apartments is appealing due to its strategic location, high-quality construction, low yearly common fees, and Cyprus's significant tax advantages, including reduced VAT rates. The area also has a strong rental market driven by tourism and local demand.

How is the location of Peyia Hills Apartments?

The apartments are strategically located just minutes from the sea and local amenities. They offer easy access to the stunning Blue Flag beaches of Coral Bay and various local shops, restaurants, and entertainment options in Peyia and Paphos.

What kind of lifestyle can I expect at Peyia Hills Apartments?

The development fosters a strong community atmosphere with shared amenities such as a large pool, sunbathing areas, and communal spaces designed to encourage social interaction. The proximity to local shops, restaurants, and leisure activities enhances the living experience.

What tax benefits are available for investors in Peyia Hills Apartments?

Cyprus offers several tax benefits, including a low corporate tax rate and reduced VAT rates for property investments. These benefits make Peyia Hills Apartments an attractive option for both residents and investors.

Are the Peyia Hills Apartments suitable for vacation rentals?

Yes, the Peyia Hills Apartments are ideal for vacation rentals due to their luxurious features, strategic location, and proximity to tourist attractions. The strong rental market in the area ensures sustainable returns for investors.

Source Links

  1. https://visatier.co.uk/cyprus/
  2. https://www.youroverseashome.com/articles/a-breakdown-of-the-cyprus-property-market-for-all-budgets/
  3. https://aparthotel.com/listing/peyia-hills-apartments/
  4. https://www.cyprus-villa-retreats.com/areas/villas-in-peyia
  5. https://www.digitalnomadexchange.com/gdc/9/35/9736/Cyprus/Real-Estate-in-Peyia

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