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Shinko Residences in Limassol – modern residential properties in the Neapolis area by the sea

Shinko Residences in Limassol – modern residential properties in the Neapolis area by the sea

Residences project is located in one of Limassol’s most prestigious neighborhoods, Neapolis, just 300 meters from the Mediterranean coastline. Its prime location near beaches, city amenities, and business centers makes this property attractive for both investment and long-term residence. Neapolis has traditionally been considered one of Limassol’s most sought-after areas due to its convenient access to the sea, restaurants, shopping centers, and international schools. The project’s last three units are currently available, making the offer limited in time and quantity.

Architecture and project concept

Shinko Residences is designed in a contemporary Mediterranean style, blending functionality and aesthetics. The design emphasizes natural light, comfortable layouts, and energy-efficient technologies .

The building was designed with current green building standards in mind. Solar photovoltaic panels reduce operating costs, and modern utility systems ensure comfort year-round. Smart home technologies enhance security and simplify day-to-day management.

Equipment and features of the facilities

The price of each property already includes an extended package of technical and engineering equipment:

  • solar photovoltaic panels;
  • VRV air conditioning system;
  • heated floors with heat pump;
  • electric blinds in bedrooms;
  • pantry;
  • covered parking;
  • video surveillance system (CCTV);
  • video intercom;
  • intrusion and fire detection systems;
  • armored entrance doors.

This level of equipment allows you to significantly reduce additional costs after purchase and immediately use the property for living or renting.

Available objects

A typical third floor apartment (only one left)

  • bedrooms: 2;
  • bathrooms: 2;
  • internal area: 84 m²;
  • covered veranda: 24 m²;
  • covered parking: 12 m²;
  • storage room: 3 m²;
  • total area: 123 m²;
  • cost: €515,000 + VAT.

Penthouses (two units available)

  • bedrooms: 2+1;
  • bathrooms: 3;
  • internal area: 84 m²;
  • covered veranda: 24 m²;
  • open veranda: 18 m²;
  • roof garden: 23 m²;
  • covered parking: 12 m²;
  • storage room: 18 m²;
  • total area: 179 m²;
  • cost: €630,000 + VAT.

Penthouses offer expanded private space and panoramic relaxation areas, making them particularly attractive in the premium seaside residential segment.

Investment attractiveness

Limassol maintains its status as one of the most stable real estate markets in the Eastern Mediterranean. The Neapolis district has seen steady price growth thanks to a limited supply of development land and continued demand from both foreign and local buyers.

Advantages of investing in this project:

  • proximity to the sea and infrastructure;
  • high rental potential;
  • modern level of construction;
  • energy efficient solutions;
  • limited number of objects in the project;
  • completion of construction is scheduled for the third quarter of 2026.

An additional factor is the possibility of purchasing at a reduced VAT rate, which allows you to optimize your purchasing costs.

Project developer

The project is being implemented by Tor Properties is a developer specializing in creating eco-friendly and technologically advanced real estate. The company’s core principles are environmental responsibility, a people-centered approach, and the implementation of cutting-edge engineering solutions.

The company’s activities are aimed at creating spaces that meet the demands of the future, where residential comfort combines with investment security. Limassol is the company’s key development region, ensuring a deep understanding of the local market and buyer needs.

 

Text based on materials from www.cyprus-mail.com, photo pixabay.com

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