The latest phase of Aphrodite Hills, an upmarket low density golf/leisure resort close to Paphos airport, is Theseus Village, a mixed development of 121 villas, townhouses and apartments that will be completed by June 2007.
Apartments range in price from £178,000CYP (€305,655) for one-beds up to over £300,000CYP (€515,137) for three-beds. Two and three-bedroom townhouses cost in the region of £480,000CYP (€824,355) and villas from over £580,000CYP (€996,439).
Ground floor apartments open directly into landscaped gardens, and upstairs apartments have balconies or private courtyards. Townhouses and villas are located on the edge of Randidi Gorge, a beautiful ravine which bisects the development (offering some challenging shots for adventurous golfers).
All have views of the Mediterranean and the dramatic, arid Cypriot landscape. The semi-detached two and three-bedroom townhouses have extensive terraces and living/dining areas which face the gardens.
Three-bedroom villas come with private pools. Upstairs bedrooms have private terraces and en suite bathrooms and living areas include fireplaces.
All units use local stone, timber and traditional Cypriot details in the decor..
In all, 650 villas, townhouses and apartments are being built in four "villages" on Aphrodite Hills' 578 acres.Facilities include a golf course and hotel.
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This Mediterranean style two-bedroom, two-bathroom villa is in Kamares village, around three miles from Paphos and overlooking the sea. Owners have full use of the nearby Kamares Club, a country club style resort which has a large pool, tennis courts, restaurant and bar, and supermarket.
This makes makes it an appealing buy for investors looking for a return on their holiday home. Two-bedroom villas in the Kamares Club currently rent for up to €750,000-€1,000 a week in the high season weeks of July and August.
The villa is on the market through the Leptos Estates, a development and estate agency group which has been in business for over 40 years and is one of the largest employers in Cyprus with its 1,500 staff. It concentrates on the upper end of the holiday homes market with Leptos Estates handling resales on property built by the company.
Price: £146,200 CYP (€250,766)
