🌟 The Residences – Deryneia

Proudly presented by a renowned developer, The Residences is a superb, modern apartment block in the heart of Deryneia.

🏠 Property Overview

12 apartments: 1, 2 & 3-bedroom layouts

Spacious contemporary living areas designed for comfort and style

Private outdoor spaces: Most apartments feature large verandas or massive roof gardens

📍 Prime Location

Nestled in a quiet neighborhood in Deryneia

Just 5 minutes from Paralimni and Protaras

10 minutes to the new Ayia Napa Marina

Nearest beach: Kapparis, 8 minutes away

💡 Why Choose The Residences?

Ideal for young couples buying their first home

Competitive prices with premium finishing materials

Peaceful, family-friendly environment

🏷️ Tax & Incentives

Reduced VAT: First-time buyers purchasing for permanent or holiday residence may benefit from a 5% VAT, subject to Cyprus VAT office approval

Government subsidy: Eligible for the 2021-2022 border village fund (for properties in villages near the Green Line, subject to eligibility)