Savor Luxury, Live Mandarin

EN | RU

29 Seaview apartments
and 3 Penthouses

Within this exclusive enclave are 29 spacious and cleverly designed sea-view residences, ranging from 1 to 3 bedrooms. Adorned with marbles, wooden elements, and plush furniture, these residences exude comfort and sophistication. The three luxurious penthouses, spanning three floors, boast avant-garde designs with intelligently planned spaces, walk-in wardrobes, and rooftop gardens hosting private pools and entertainment areas.

Exclusive 5% VAT Rate for Mandarin Park Apartments in Cyprus

Despite Cyprus abolishing the 5% VAT rate in June 2023, MANDARIN PARK MEDITERRANEAN LTD ensures its application for apartment sales in their tower. Securing planning permission and timely document submissions have enabled them to provide this advantage to clients. To qualify for the reduced 5% VAT, clients must meet specific criteria, including using the property as a permanent residence, it being their first in Cyprus, and under 200 sq.m. Qualified lawyers offer free assistance in document preparation within six months of purchase. The VAT recalibration occurs after obtaining certified permission. A client's example illustrates potential savings, emphasizing the financial benefits of this VAT strategy.

A New Iconic Marvel on Limassol's Horizon

Embark on a journey of enchantment at Mandarin Park Tower, an iconic marvel where lavishness meets coastal allure just 200 meters from the azure Mediterranean waters. Formerly the site of the dilapidated Maroza Hotel Apts, this transformation transcends the city's landscape, offering an avant-garde façade and stylized embellishments that redefine sophistication. This iconic marvel, a symbol of rebirth, houses 29 meticulously designed Sea View Apartments, from intimate 1-bedroom sanctuaries to spacious 3-bedroom retreats. Rise above in one of our three majestic Penthouses, each a visual masterpiece with three floors, direct Sea-Views, a Roof Garden, and a Private pool—a lavish testament to elevated living. Mandarin Park Tower: where an address becomes a personal statement.

Limassol, Cyprus: Your Gateway to Idyllic Living

Sun-Kissed Living: Bask in 300 days of sunshine, creating an ideal climate for a vibrant and fulfilling lifestyle. Coastal Business Glamour: Limassol, a bustling business hub, boasts a 10 km sandy beach strip adorned with glamorous 5-star hotels. Olympus Mountain Proximity: Explore challenging slopes just 45 minutes away, offering a unique blend of beach and ski experiences. Mountain Retreats and Spas: Indulge in weekends at mountain resorts and spas, striking the perfect balance between beach and mountain getaways. Safety at its Core: Cyprus boasts Europe's lowest crime rates, ensuring a safe and secure environment for residents.

Limassol Business Oasis: Unveiling Corporate Advantages

Seamless Global Collaboration: Launching a business in Cyprus means easy collaboration with European countries and global entities. Effortless Business Initiation: Streamlined processes take 2 to 4 weeks, with options for remote registration and acquiring existing companies. Global Trust: Cyprus-registered companies gain enhanced global trust, reflecting the nation's growing influence. Tax Efficiency: Non-resident company directors outside Cyprus are income tax exempt, ensuring financial flexibility. VAT Optimization: Businesses serving non-residents may qualify for VAT exemptions, optimizing financial operations. EU Connectivity: Cyprus-registered companies gain a VAT number, facilitating transactions with EU companies and establishing tax residency. Cost-Effective Operations: Limassol offers low operational costs with comprehensive business support services.Tax Benefits: Various tax incentives include 0% income tax for securities companies and a no-double-taxation policy. Financial Freedom: Enjoy unrestricted money transfers, eliminating financial constraints. Tax-Friendly Transactions: Limassol is a tax haven for mergers, reorganizations, exchanges, and transfers of shares or asset sales.

Unlocking Cyprus: The 'Jewel of the Mediterranean' Investment

Affordability Amidst Growth: Despite a 400% surge in the past decade, Cyprus real estate remains remarkably affordable. Ownership costs, in contrast to Central and Southern Europe, are notably reasonable. Investment Surge and Value Growth: House values have skyrocketed from 500k to 3-4 million, attracting foreign high-net-worth individuals (HNWIs) through a favorable Golden Visa program. Foreign Investment Trends: Approximately 40% of property purchases are by foreigners, including Russians, Chinese, Middle Eastern investors, and British and German retirees. Buy-to-Let Boom: Since Q2/2022, foreigners are increasingly investing in buy-to-let properties, especially in Limassol. Prime locations like Mandarin Park offer lucrative opportunities, with one-bedroom flats fetching €3.500 and three-bedroom penthouses commanding up to €30k per month. Booming Rental Market: Limassol, driven by a significant number of IT companies, is a hotspot for residential and office rentals. Cyprus, the 'Jewel of the Mediterranean,' beckons as a beacon of real estate opportunity, offering affordability, growth, and a strategic investment environment.

AVERAGE

REAL ESTATE ROI

Country

PRICE TO INCOME RATIO

PRICE/SQM TO

BUY AN APT. IN

CITY CANTER

PRICE/SQM TO

BUY AN APT. OUTSIDE CITY CENTER

CENTER

AVERAGE REAL ESTATE ROI*

South Africa

3.07

1,015$

763$

9%

Cyprus

6.4

4,520$

2,162$

9%

USA

3.96

2,079$

1,480$

9%

Italy

8.61

4,191$

2,414$

3%

Spain

8.78

3,221$

1,983$

5%

UK

8.86

5,059$

3,861$

4%

Germany

8.93

7,221$

5142$

3%

France

9.94

6,934$

4,795$

2%

Greece

10.12

2,085$

1,758$

4%

Portugal

12.25

3,080$

2,140$

5%

Malta

13.11

3,673$

2,651$

5%

Israel

13.51

7,534$

6,111$

3%

-->