Famagusta, Ayia Napa, Cyprus

This opulent 3-bedroom penthouse is perfect for anyone looking for a permanent home in the sun or who values a large home away from home when on vacation.

With a size of 144.30m2, it is unquestionably the most sought-after property out of just 5 units in a low-rise building, a contemporary gated community in the heart of Ayia Napa, one of the busiest coastal resorts on Cyprus?s southeast coast. Within easy walking distance are a wide range of eateries, banks, gift stores, bakeries, and a medical clinic. Only 500 meters separate you from the resort?s stunning sandy beach and the blue Mediterranean waters that surround it. You may easily drive 35 minutes to the Larnaca International Airport.

The advantages of top-notch, environmentally friendly, earthquake-resistant construction and elegant finishing materials will be enjoyed by owners. The main bedroom has an ensuite bathroom, air conditioning and heating, fitted kitchen cabinets, and double-glazed windows, among other luxurious amenities. The roof terrace, which also has a BBQ, an island kitchen, a living room, and a dining room, is the major attraction. Each unit has a designated parking space, while the property?s 25.5m x 7m common pool, jacuzzi, and sun terrace is set aside solely for residents.

This unique blend of opulent space, lifestyle amenities, and close proximity to the beach, resort center, and airport is only offered by a select few properties in the area. Whether you pick this penthouse for your own use or as an investment with excellent returns from holiday rentals, it offers delightful days, weeks, or months in Ayia Napa.

Year of Construction: 2019

Property Features
Airconditioning Units
Balcony
Communal Pool
Covered Veranda
Equipped Kitchen
Fully Furnished
Kitchen Appliances
Parking
Sea View
Uncovered Veranda

Famagusta, located on the Greek side of Cyprus, offers a compelling array of reasons to consider it as a prime destination for property investment. Here are some key factors that make buying in Famagusta a wise decision:


1. Stunning Beaches: Famagusta boasts some of the most breathtaking beaches in the Mediterranean. With crystal-clear turquoise waters, golden sand, and a pleasant climate, it's an ideal location for beach lovers and water enthusiasts.


2. Property Investment Potential: Famagusta's real estate market offers significant potential for growth and returns on investment. The area is experiencing ongoing development, attracting both local and international investors seeking to capitalize on the region's tourism and economic growth.


3. Tourism Growth: Famagusta is a popular tourist destination, attracting visitors from around the world. The city's stunning beaches and vibrant atmosphere make it an appealing choice for travellers, ensuring a steady demand for rental properties and holiday homes.


4. Strategic Location: Famagusta's location is advantageous, offering easy access to nearby amenities and attractions. The city is well-connected to Larnaca airport and is home to other popular destinations such as Ayia Napa and Protaras.


5. Quality of Life: Famagusta offers an excellent quality of life, with a relaxed and welcoming atmosphere. The city provides a range of amenities, including shopping streets, restaurants, and entertainment options, ensuring a comfortable and convenient lifestyle for residents.


6. Affordable Property Prices: Compared to some other Mediterranean destinations, Famagusta's property prices are relatively affordable. This affordability, combined with the potential for growth, presents an enticing opportunity for buyers looking to invest in a promising real estate market.


7. Investment Incentives: The Cypriot government offers various incentives for property buyers, such as citizenship programs and tax benefits. These incentives can further enhance the financial appeal of investing in Famagusta.


8. Stability and Security: Cyprus is known for its political stability and security, providing a safe environment for residents and investors alike. Famagusta, specifically, has a low crime rate, ensuring peace of mind for property owners.

In summary, Famagusta on the Greek side of Cyprus offers an attractive package for property investment. Its stunning beaches, rich history, growing tourism industry, strategic location, educational opportunities, affordable property prices, and quality of life make it a compelling choice for those seeking to make a sound investment in a vibrant and promising location.