BBF Commercial Director Elena Petropavlovskaya spoke about the new luxury residential real estate project — eden bay , located in Kato Paphos, near the Tombs of the Kings. She shared her views on the company’s strategic decisions, current market trends and the unique features of this project, emphasizing its importance for the region.
The project occupies a plot of 12,975 m² and offers an exclusive combination of sophisticated city living and the serenity of a coastal holiday.
The new complex includes five three-storey buildings, each offering a limited number of apartments, creating the atmosphere of an exclusive gated community. The project also includes two outdoor swimming pools and green areas, with unobstructed views of the sea, thanks to a ban on building near cultural heritage sites.
Concept and choice of location
When developing the eden bay project , BBF was inspired by the successful eden roc project in Limassol, striving to recreate high standards of comfort and design. The eden bay complex is created for those who value not only residential real estate, but also a lifestyle.
BBF chose Paphos for the new project after a thorough market analysis conducted in 2023. Rising property prices in Limassol and difficulties in acquiring land made Paphos and Larnaca attractive alternatives. Paphos stands out for its developed infrastructure and proximity to key sites such as the old town, vibrant areas and picturesque coastlines. An additional advantage of the city is the rich cultural heritage of the region, which attracts both investors and families.
Company strategy and trends in the real estate market
Paphos plays an important role in the strategic development of BBF , which aims to expand the geography of its projects and offer a variety of solutions in the real estate market. The company noted a growing interest in modern residential complexes focused on creating a cozy and safe environment with a high level of infrastructure. The eden bay project meets these expectations, offering residents amenities such as saunas, gyms, swimming pools, landscaped gardens, playgrounds and co-working areas.
According to Elena Petrovpavlovskaya, Paphos is experiencing a transformation in the real estate market: there is a growing demand for modern residential complexes with advanced infrastructure solutions. Buyers are attracted by properties that offer not just apartments, but a full-fledged lifestyle surrounded by nature and culture. This makes Paphos an attractive place for elite real estate investments, and the eden bay project is a profitable option for buyers looking for a combination of comfort and a unique location.
Project : eden bay is aimed at buyers of different categories. According to commercial director Elena Petrovpavlovskaya, three main groups stand out among potential clients:
- Investors who purchase real estate at the construction stage. They are interested in high rental yields or resale after the project is completed. BBF provides full support for such clients, including assistance in managing the rental and sale of properties.
- Those who are looking for permanent residence in Cyprus. For them : eden bay represents the perfect combination of modern, comfortable apartments with access to all necessary services and amenities.
- Buyers looking for a wide range of apartments to choose from, from stylish studios to spacious penthouses and four-bedroom apartments. Each property is carefully designed to combine luxury and convenience, making this development appealing to a wide range of clients.
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Promotion and strategic plans
To promote the project, BBF organised a successful event for agents and partners, and launched a promotional campaign using various materials, including brochures, digital campaigns and media publications. The experience gained from the implementation of the eden roc project in Limassol helped the company transfer the high standards to the new complex in Paphos.
BBF has developed a comprehensive approach to successfully adapt to changing market conditions. This is reflected in its diverse property portfolio and personalized approach that covers all stages of customer interaction: from individual design solutions to comprehensive property management and leasing.
The Mayor of Paphos, Fedonas Fedonas, noted that the city has undergone a significant transformation in recent years thanks to a comprehensive approach to development. Public spaces have been improved, green areas have been expanded, and sports and recreational facilities have been developed. His goal is to make Paphos an attractive city to live, work and relax in, as well as a center for education, innovation and business.
Fedonos stressed that Paphos must preserve its beauty and uniqueness, becoming a comfortable and safe place for both Cypriots and visitors to the island.
