KITI MAGIC RESIDENCES – Under Study -Completion December 2026
KITI MAGIC RESIDENCES is located in the village of Kiti which is only 8km and 10 minutes from Larnaca International Airport, and a 11km and 15 minutes from Larnaca town center. The village provides for a full range of amenities. As such, Kiti is equipped with all business, shopping and entertainment facilities, and has received many awards for its perfect sanitation.
The project boasts sixteen apartments in total 8 two bedroom & two bathrooms on the first and 8 two bedroom & two bathrooms on the second floor – all with spacious and contemporary living areas. Some of the second floor apartments benefit from individual private and luxury roof-gardens with amazing views of the lovely Neighbourhood. Each apartment has one parking bay and a storage room on the ground level.
KITI MAGIC RESIDENCES is situated in a quiet family orientated neighborhood composed of detached villas and large plots. Situated in an already developed yet spacious environment, this project provides all requirements (and more) for a perfect Home in the Sun. The project is very near to supermarkets, school and has immediate access to highways.
KITI MAGIC 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.
The project is expected to be completed DECEMBER 2026
BLOCK A'
Apartment No. | Price (€) | Bedrooms | Bathrooms | Internal Covered Area (m2) | Covered Balconies (m2) | Uncovered Balconies (m2) | Roof Garden (m2) | Parking and Storage |
---|---|---|---|---|---|---|---|---|
204 | AVAILABLE | 2 | 2 | 84 | 12 | - | - | YES |
203 | AVAILABLE | 2 | 2 | 84 | 12 | - | - | YES |
202 | AVAILABLE | 2+2 Rooms on Roof | 3 | 84 | 15 | - | 72 | YES |
201 | RESERVED | 2+2 Rooms on Roof | 3 | 84 | 15 | - | 72 | YES |
104 | AVAILABLE | 2 | 2 | 84 | 12 | - | - | YES |
103 | AVAILABLE | 2 | 2 | 84 | 12 | - | - | YES |
102 | RESERVED | 2 | 2 | 84 | 15 | - | - | YES |
101 | RESERVED | 2 | 2 | 84 | 15 | - | - | YES |
BLOCK B'
Apartment No. | Price (€) | Bedrooms | Bathrooms | Internal Covered Area (m2) | Covered Balconies (m2) | Uncovered Balconies (m2) | Garden (m2) | Roof Garden (m2) | Parking and Storage |
---|---|---|---|---|---|---|---|---|---|
204 | AVAILABLE | 2 | 2 | 84 | 12 | - | - | - | YES |
203 | AVAILABLE | 2 | 2 | 84 | 12 | - | - | - | YES |
202 | RESERVED | 2+2 Rooms on Roof | 3 | 84 | 15 | - | - | 72 | YES |
201 | AVAILABLE | 2+2 Rooms on Roof | 3 | 84 | 15 | - | - | 72 | YES |
104 | AVAILABLE | 2 | 2 | 84 | 12 | - | - | - | YES |
103 | AVAILABLE | 2 | 2 | 84 | 12 | - | - | - | YES |
102 | AVAILABLE | 2 | 2 | 84 | 15 | - | - | - | YES |
101 | AVAILABLE | 2 | 2 | 84 | 15 | - | - | - | YES |
002 | AVAILABLE | 1 | 1 | 49 | 13 | 16 | 5 | - | YES |
001 | RESERVED | 2 | 2 | 84 | 15 | 16 | 38 | - | 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.