SOLD OUT-Mackenzy Bay Residences-Completed 08/2023

Project Description

Africanos Property Developers has launched its NEW Luxury Development Mackenzy Bay Residences located walking distance TO Mackenzy Beach Residences, Mackenzy Sisters Project and just a few meters from the Famous Mackenzy Beachfront.

The project Mackenzy Bay Residence neighbours the previous Africanos projects, Mackenzy Beach Residences, Mackenzy Sisters and Mackenzy Hill Residence, which is located on the exclusive Mackenzy Hill and for which construction is proceeding with a fast pace.

The project will compose of eight spacious apartments of  six apartments of two bedrooms and two bathrooms will be constructed on the first to the third floor of the project.

The fourth and fifth floor of the project are whole floor apartments with three bedrooms and three bathrooms each with spacious covered and uncovered balconies which sole purpose is to secure and maximise the comfortable and private quality of life of its apartment owners.

Furthermore, the fifth floor whole-floor apartment will have a private and luxurious penthouse on the sixth floor, with α magical panoramic south-east view of the City of Larnaca.

Each apartment will benefit from a parking bay and storage room on the ground floor.

Mackenzy Bay Residence is characterised by its immediate access to the blue flag Mackenzy beaches, its panoramic and unobstructed views of the sea and the careful and meticulous design of its eight luxury and high-end apartments.

The Management Team of Africanos Property Developers declares its readiness to respond with the same zeal and professionalism to the trust shown by the inhabitants of Larnaca and foreign investors/buyers to the Company.

The Company Africanos Property Developers calls all interested buyers to exhibit their interest as soon as possible.

Project completion is expected to be before the end of the year 2022.

AFRICANOS PROPERTY DEVELOPERS has managed to be the only Land Development Company whose projects have a certificate of zero consumption and energy efficiency of grade “A”.

Proof of this fact is that in our upcoming projects such as MACKENZY BEACH RESIDENCES, KAMARES HILLS RESIDENCES, KAMARES VIEW RESIDENCES, KAMARES VALLEY RESIDENCES, CASA MARINA RESIDENCES, PARK VIEW RESIDENCES, FLAMINGO VIEWS RESIDENCES AND PRIME CORNER RESIDENCES, photovoltaic panels will be installed in order to produce renewable energy. The photovoltaic panels through “net metering” will make sure owners benefit from savings significantly consumption.

Apartment No. Price () Bedrooms Bathrooms Internal Covered Area (m2) Covered Balconies (m2) Uncovered Balconies (m2) Roof Garden (m2) Parking and Storage
No.501 SOLD 3 4 106 30 25 94 YES
No.401 SOLD 3 3 106 42 38 - YES
No.302 SOLD 2 3 80 21 - - YES
No.301 SOLD 2 3 84 21 - - YES
No.202 SOLD 2 3 80 21 - - YES
No.201 SOLD 2 3 84 20 - - YES
No.102 SOLD 2 3 80 21 - - YES
No.101 SOLD 2 3 84 21 - - 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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