Cyprus | Posted:


Alexander Heights residential development of Lanitis Development Ltd one of the most privileged locations in Aphrodite Hills luxury resort on the southeast coast of Cyprus. The company is going against the crisis and began in January the first phase of the project, expected to be completed in September 2013. An investment of more than 26 million spanning 49 000 square meters land.

The gated community will consist of a total of 69 buildings, 21 villas, 16 junior villas and 32 apartments, near the traditional Cypriot villages architecture but with modern design and high-luxury items. The villas promise uninterrupted views across the Mediterranean, and each has a private pool, a spacious outdoor areas and magnificent gardens. All the houses were designed on the model of «smart home» in order to save energy and have underfloor heating, concealed air conditioning / heating, home automation electronics and a distinctive alarm system.

The project is divided into two phases. The first phase started on January 9, 2012 and includes the construction of 11 villas, 14 junior villas and 16 apartments. Sales have started from last summer and has already sold 60% of villas and apartments 25% of the first phase.

Prices of apartments range from € 300.000 to € 500.000, while the junior villas start from € 1.1 million for the villas from € 1.8 million in line with the real estate manager of Lanitis Development Luke Citron greater interest in the project is from the Russian and the English market, while the middle of 2013 is expected to begin the construction of the second phase. The three-bedroom villas are 156 sq.m. area, four bedrooms with 197 221t.m. five bedrooms and 242 to 264 square meters, also has a basement area from 66 to 102t.m. The Junior villas of two or three bedrooms ranging from 137 to 165 sq.m. While two-bedroom apartments have an area from 99 to 104 m and three-bedroom 120 sqm all with spectacular sea or golf course.

The properties of the Alexander Heights apparent benefit and meticulous attention to every detail, from the charming architectural accents of wood, stone and traditional terracotta tiles until richly decorated kitchens and bathrooms with marble floors.

Moreover, the Director of Sales and Marketing Division of Real Estate Lanitis Development Ltd, Andronicus featured Anthony Alexander Heights gem property of Aphrodite Hills, stressing that despite the difficult times we live in Cyprus is still a popular investment choice for many. "The island is still elevated at five star hotel with its strong economy, the strong tourism infrastructure and recreational infrastructure is further developed through investments in four marinas, 11 golf courses, airports, theme parks and an international conference center. Given that the name 'Bros' is one of the most respected real estate industry in Cyprus, buying property in Aphrodite Hills is definitely an investment that interested buyers will have to study! "He said.