Faneromeni Sunshine Residences, Under Construction – Completion December 2025

FANEROMENI SUNSHINE RESIDENCES is a new residential project proudly released by Africanos Developers on VOSPOROU STREET located in the very exclusive and prestigious Faneromeni area in Larnaca overlooking the Larnaca Salt Lake less than 10 minutes walking to Finikoudes, Larnaca, 10 minutes driving to Larnaca Airport.

The project boasts eight two bedroom with two bathroom apartments- all with spacious and contemporary living areas.

The fourth floor apartments of two bedrooms and two bathrooms benefit from large covered balconies plus two rooms on the roof with three bathrooms exclusive to owners which prefer luxury living and benefits from a large bar and barbecue area on the roof garden and panoramic views of the Famous Larnaca Salt Lake. Each apartment  has one parking bay and a storage room on the ground level.

The lovely residential neighbourhood is quiet and family orientated surrounded by large luxury houses and residential properties. The project is very near to supermarkets, private schools such as the American Academy and with easy access to highways to Nicosia, Limassol, Paphos and Ammochostos. The Famous Larnaca Salt Lake and Cineplex Entertainment Complex is in close proximity.

FANEROMENI SUNSHINE RESIDENCES has been fully designed and studied by our professional team of Architects, Engineers and Interior Designers. The modern design makes excellent use of features like top quality italian ceramic finish, unique glass balconies and clever layout of living areas designed to offer optional space, privacy and also a views of the prestigious neighbourhood and Famous Larnaca Salt Lake.

The project will have an energy efficiency of grade “A” since photovoltaic panels will be installed on the roof in order to produce renewable energy. The photovoltaic panels through “net metering” will make sure owners benefit from significant savings in electricity consumption.

The project is expected to be completed BEFORE December 2025.

Apartment No.Price ()BedroomsBathroomsInternal Covered Area (m2)Covered Balconies (m2)Uncovered Balconies
(m2)
Roof Garden (m2)Parking and Storage
402RESERVED2+2 Rooms on Roof28323-45YES
401RESERVED2+2 Rooms on Roof28323-45YES
302SOLD228323--YES
301SOLD228323--YES
202SOLD228323--YES
201SOLD228323--YES
102SOLD228323--YES
101SOLD228323--YES

Additional Info

First time buyers who purchase a property for permanent residence or as a holiday home for their own use are entitled to a lower VAT Rate of 5% subject to the approval of the Cyprus VAT office. Otherwise, the standard rate of VAT in Cyprus is 19%.

Method of Payment

40%

WITH THE SIGNING OF CONTRACT

10%

WITH THE COMPLETION OF EXCAVATION WORKS OF THE SPECIFIC PROJECT

20%

WITH THE COMPLETION OF FRAMEWORK OF THE SPECIFIC APARTMENT

10%

WITH THE COMPLETION OF BRICKWORK OF THE SPECIFIC APARTMENT

10%

WITH THE COMPLETION OF FLOOR TILING OF THE SPECIFIC APARTMENT

10%

WITH THE COMPLETION OF THE SPECIFIC APARTMENT.

Notes and Disclaimer

We reserve the right to change prices, or not sell a property without prior notice. These particulars (including prices, areas, description of property) shall not form any part of any offer or contract.

Every precaution is taken to ensure that the information contained in this analysis is correct at the date of publication but no warranty either expressed or implied is given to this effect. This analysis is intended to be used as a guide only. The publisher and owner shall not be liable to contract or in tort for any loss or damage caused to the customer or buyer, its employees or its agents arising out of the use of information contained and/or analysis contained within this study. The Information represents our view as of the date hereof and is subject to change and/or withdrawal at any time without notice. The above calculations are only estimates. The prices, costs values and incomes may change (increase or decrease) in the future. This document is confidential, and no part of it may be reproduced, distributed or transmitted without the prior written permission of the owner.

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