Construction at Alexander Heights – the final and most luxurious real estate installment at the multi-award winning Aphrodite Hills Resort, Cyprus – has officially started!
Paphos, Cyprus (PRWEB UK) 22 January 2012
Thιs prime-location development, Alexander Heights, is set in one of the most desirable locations of South West Cyprus’ prestigious lifestyle resort. Inspired by the incomparable and 360 degree vistas, the architects have capitalized on the natural contours of the south-facing site. Villas promise unrivalled and uninterrupted views over the Mediterranean Sea from sunrise to sunset and each features a private pool set in spacious terraces and stunning gardens, plus an effortless lifestyle is assured with under-floor heating, concealed dual air conditioning/heating, home automation electrics and a discreet security system.
Sympathetic to the traditional village architecture of Cyprus, but reinterpreted with contemporary and uncompromising luxury, meticulous attention to every detail is evident throughout the Alexander Heights properties, from the charming architectural accents of wood, stone and traditional terracotta tiles to the extravagantly appointed kitchens and marble-floored bathrooms.
The gated community comprises of 69 properties in total – 21 Villas, 16 Junior Villas and 32 Apartments. Prices start from €594,000 for a two-bedroom Apartment, €1,100,000 for a Junior Villa and €1,845,000 for a Villa.
The actual construction of the project is divided into 2 phases. Phase 1 has started on January 9, 2012 and is planned to be completed by July 2013. During the first phase a number of 11 Villas, 14 Junior Villas and 16 Apartments are estimated to be complete which is a total of 41 units out of the 69 units of the complete project.
Alexander Heights will be the jewel of Real Estate at Aphrodite Hills and even though times are tough, Mr. Andronicos Antoniou, Head of Sales & Marketing at Real Estate department of Lanitis Development Ltd., was very happy to announce that so far 60% of the Villas and 25% of the Apartments of Phase I have been sold which it is great news as the total value of these properties that were sold has reached the amount of €15,500,000!
Mr. Antoniou also said “Cyprus continues to be a popular investment choice for many and the island itself continues to elevate itself to a five-star level with its stable economy and well-established tourism and leisure infra-structure that is developing further with investments in four marinas, 11 golf courses, the airports, theme parks and an international conference centre” and added “ with Lanitis being one of the most respected names in Cypriot real estate, buying property at Aphrodite Hills is definitely an investment that interested property buyers should look into!”
