? 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)