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Cyprus Limassol
Naftikos Residences Limassol
Luxury Coastal Apartments 50m from the Sea in Limassol, Cyprus
Naftikos Residences is a contemporary residential development in Limassol, Cyprus, offering a collection of two- and three-bedroom apartments in a highly convenient coastal location. Positioned approximately 50 metres from the sea, the development combines modern urban living with easy access to Limassol’s seafront, restaurants, shops and wider city amenities.
Designed with a nautical influence, Naftikos Residences focuses on contemporary architecture, quality finishes and comfortable indoor-outdoor living. The development comprises 37 apartments, including a selection of penthouses with private roof terraces.
The location is one of the principal attractions of the development. Residents are within easy walking distance of everyday amenities and the seafront, while Limassol city centre is approximately five minutes away by car. This provides a balance between coastal living and the convenience of an established urban environment.
The Development
Naftikos Residences has been designed around contemporary living, with spacious interiors, large verandas and modern technologies incorporated into the apartments.
The development includes two- and three-bedroom apartments, together with penthouses offering larger terraces and additional outdoor space.
Residents benefit from landscaped communal areas, a communal swimming pool, allocated parking and private storage. The development also incorporates security systems, video surveillance and photovoltaic technology.
The apartments are designed with high-quality finishes and include features such as underfloor heating, VRV climate control, double glazing, pressurised water systems, video intercom and smart-home technology.
Apartments
Naftikos Residences offers a range of two- and three-bedroom apartments with covered areas broadly ranging from approximately 109m² to 179m², depending on the apartment and how the area is presented.
Many of the residences also benefit from substantial verandas, creating additional outdoor living space.
Selected current availability includes two-bedroom apartments from approximately €820,000 and three-bedroom apartments from approximately €990,000, with larger and higher-floor residences extending to approximately €1.52 million. Prices and availability are subject to change.
The development is currently marketed as an off-plan purchase, with completion expected during 2027.
Location
Naftikos Residences is located in the Limassol coastal area, providing immediate access to the city’s established network of shops, restaurants, services and leisure facilities.
The seafront is approximately a one-minute walk away, while local amenities are also within very close proximity. Limassol city centre is approximately five minutes away by car.
The location provides access to the wider attractions of Limassol, including the seafront promenade, restaurants, cafés, commercial areas and the historic centre.
For buyers looking for a permanent residence, holiday home or investment property, the combination of coastal proximity and access to established city infrastructure is an important consideration.
See our Limassol property selection
Developer
Naftikos Residences is being developed by Cybarco Developments, an established Cyprus developer with a portfolio of residential and other development projects.
The developer’s reputation is an important consideration when purchasing off-plan property, particularly for buyers who are making a substantial investment before construction is complete.
Property Wealth Assessment
Naftikos Residences stands out primarily because of its location.
The combination of being approximately 50 metres from the sea, close to everyday amenities and within a short drive of central Limassol gives the development a strong underlying location proposition.
Rather than relying solely on resort-style facilities, Naftikos Residences is positioned as an urban coastal development. This potentially broadens its appeal beyond holiday buyers to include permanent residents, professionals, international purchasers and investors seeking a property in an established part of Limassol.
The development also benefits from a relatively limited number of residences. With 37 apartments and a selection of larger penthouses, it has a more boutique feel than some of the larger residential schemes being developed across Limassol.
The quality of the specification is another positive. Features such as underfloor heating, VRV air conditioning, smart-home technology, photovoltaic systems and substantial outdoor space are appropriate for the upper end of the Limassol apartment market.
Investment Perspective
From an investment perspective, the principal attraction is the combination of location, quality and potential rental appeal.
Properties close to the Limassol coastline can appeal to both longer-term residents and the premium rental market, while the proximity to restaurants, shops and the sea reduces reliance on a car for everyday activities.
However, the purchase price needs to be considered carefully. Naftikos Residences is positioned within the premium segment of the Limassol market, meaning that the investment case should be assessed on the individual apartment rather than simply on the development as a whole.
Floor, orientation, sea views, terrace size, internal layout and purchase price can have a significant impact on both future resale appeal and rental performance.
For investors, we would therefore recommend assessing the specific apartment and its price per square metre rather than assuming that every unit represents the same investment opportunity.
See our Paphos property selection.
Why Property Wealth Selected Naftikos Residences
At Property Wealth, we do not include every new development that comes onto the market.
Naftikos Residences has been considered because of its combination of an established coastal location, proximity to the sea, contemporary specification, reputable developer and potential appeal to both owner-occupiers and investors.
The development offers a particularly interesting proposition for buyers who want to be close to the coast without moving away from the convenience of an established city environment.
As with any off-plan purchase, however, we recommend assessing the individual apartment, pricing, payment structure, completion timetable and likely rental or resale market before making a decision.
Who Is Naftikos Residences Suited To?
Naftikos Residences could suit buyers looking for a modern coastal home in Limassol, an apartment for personal use, a second home in Cyprus or a property with potential long-term rental appeal.
It may also appeal to buyers who prefer an established urban location rather than a self-contained resort development.
The larger apartments and penthouses are particularly suited to buyers looking for more substantial accommodation and outdoor space close to the coast.
Current Availability
Current availability and pricing should always be confirmed before making a purchasing decision, as individual apartments can sell or become reserved during the construction period.
Property Wealth can provide current availability, pricing and further information on individual apartments within Naftikos Residences.
If you are considering Naftikos Residences alongside other new developments in Limassol, we can also help compare the alternatives based on location, specification, price, rental potential and long-term investment considerations.
Available Units
| Property Type | Size | Price | Short Description | Bedrooms | Bathrooms | Floor Plan |
|---|---|---|---|---|---|---|
| 3 Bed B201 | 116m2 | €820,000 | 3 Bed | 3 | 3 | |
| 2 Bed B103 | 124m2 | €910,000 | 2 Bed | 2 | 2 | |
| 2 Bed A405 | 125m2 | €960,000 | 2 Bed | 2 | 2 | |
| 2 Bed A505 | 141m2 | €1,080,000 | 2 Bed | 2 | 2 | |
| 3 Bed A101 | 155m2 | €990,000 | 2 Bed | 3 | 3 | |
| 3 Bed A401 | 155m2 | €1,360,000 | 3 Bed | 3 | 3 | |
| 3 Bed B402 | 179m2 | €1,520,000 | 3 Bed | 3 | 3 |
FACT SHEET
- Price €820,000
- Developer Cybarco Developments
- Service charge To be confirmed
- Completion date Q2 2027
- Bedrooms 2 & 3 bedrooms
- Bathrooms 2 & 3
- Built Approximately 109m²–179m²
- Balcony/Terrace Apartment-specific; large private terraces, with penthouse roof terraces
- Pool Yes
- Garage Yes — underground parking
- Parking spaces Yes
- Condition Under construction
- Distance to nearest Golf Limassol Greens — approximately 15–20 minutes by car
- Distance to nearest Town Distance to Limassol City Centre: Approximately 5 minutes by car
- Distance to Beach Approximately 50 metres
- Distance to amenities Approximately 1 minute walk
- Air conditioning VRV air-conditioning systems
- Storage room Private storage
- Heating Underfloor heating
- Garden Landscaped communal gardens
Key Features
Contemporary architectural design
37 two- and three-bedroom residences
Seven penthouses with private roof terraces
Approximately 50 metres from the sea
Communal swimming pool
Landscaped communal areas
Allocated parking
Private storage
Underfloor heating
VRV air-conditioning systems
Smart-home technology
Video intercom
Double-glazed windows
Security systems and perimeter CCTV
Photovoltaic technology
Energy-efficient design
Speak to the experts
You can simply call and speak with your expert Portfolio Manager on +44 (0)207 101 4067. If you prefer to email or would like us to call you back please fill out the enquiry form.
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IMPORTANT: All information regarding the property on this website has been sourced directly from the developers and although Property Wealth have checked the accuracy as much as possible, it is always advisable to seek independent advice before undertaking any financial commitment.
