Mackenzy Dream Residences – Under Study -Completion December 2024

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

The project Mackenzy Dream Residence neighbours the previous Africanos projects, Mackenzy Beach, 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 fifteen spacious apartments of two bedroom and two bathroom from the 1st and 4th floor of the project.

The fifth floor of the project are apartments with two 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.

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

Mackenzy Dream 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 2024.

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 CASA MARINA RESIDENCES, PARK VIEW RESIDENCES, FLAMINGO VIEWS RESIDENCES, PRIME CORNER RESIDENCES, HIGHLAND RESIDENCES, CITY FAMILY HOMES and MAKENZY BREEZE 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 ()BedroomsBathroomsInternal Covered Area (m2)Covered Balconies (m2)Uncovered Balconies (m2)Roof Garden (m2)Parking and Storage
503AVAILABLE237923-62YES
502AVAILABLE238021-60YES
501AVAILABLE228021-64YES
403RESERVED2279233-YES
402AVAILABLE228021--YES
401RESERVED228021--YES
303RESERVED227923- -YES
302AVAILABLE228021 --YES
301AVAILABLE228021--YES
203RESERVED22792311-YES
202RESERVED228021--YES
201AVAILABLE228021--YES
103AVAILABLE227923--YES
102RESERVED228021--YES
101AVAILABLE228021--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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