Construction of a new upscale residential complex named Park Avenue in Larnaca is progressing rapidly.
The developer recently provided updates on the progress of this grand project and shared news from the construction site.
It's worth mentioning that the foundation and ground floor have been completed, along with several above-ground levels. The developer emphasized that the project is being implemented using innovative technologies, fully compliant with construction standards, and taking into consideration the seismic activity of the region.
Reminding that the elite complex is being erected in the heart of the city, on Grigoris Afxentiou Avenue. The construction site covers an area of 936 square meters.
According to the concept, the building will stand at a height of 45.35 meters and will feature 23 luxurious apartments. Among them, four with one bedroom, sixteen with two bedrooms, and four with three bedrooms. For the convenience of the owners, a spacious parking area for 38 vehicles is provided.
As anticipated, Park Avenue will boast an extravagant architectural design and captivating panoramic views of the sea and Larnaca's Salt Lake. It's worth noting that the area where the new high-rise will rise is quite developed, surrounded by mixed-use, residential, office, and commercial buildings. Larnaca Marina is located 1.3 kilometers away, the municipal library and theater are 50 meters away, the American Academy School is 250 meters away, the Pancyprian High School is 500 meters away, and the old Larnaca Hospital is 300 meters away.
The Park Avenue project is expected to strengthen the confidence of potential international investors and contribute to the future development of Larnaca.
Park Avenue is an excellent investment opportunity, combining luxury, modern design, and a advantageous location. It presents an exceptional option and opportunity for investors seeking high returns on their investments.
