Tag: Sustainable Development

  • Last Units Available at Shinko Residences in Limassol with Reduced VAT Offer

    Last Units Available at Shinko Residences in Limassol with Reduced VAT Offer

    Shinko Residences at Neapolis in Limassol offers a unique opportunity for homebuyers, with only three units left and a limited-time reduced VAT rate. This modern development, situated just 300 metres from the coastline, caters to those seeking both a luxurious lifestyle and a lucrative investment in one of Cyprus’s most desirable locations.

    Photo: cyprus-mail.com

    Prime Location with Exceptional Amenities

    The final units at Shinko Residences are positioned in Limassol’s vibrant Neapolis district, an area known for its stunning beaches and lively atmosphere. The properties feature cutting-edge engineering combined with elegant design, ensuring bright interiors and functional living spaces. Residents will enjoy proximity to the Mediterranean, enhancing the appeal of these high-yield homes.

    Photo: cyprus-mail.com

    Investment Potential

    With only three units remaining, prospective buyers are encouraged to act quickly. The real estate market in Limassol is on the rise, making this an opportune moment to invest before prices increase further. Shinko Residences promises not only a beautiful home but also significant savings through the reduced VAT rate, making it an attractive option for both local and international investors.

    Details of the Remaining Units

    Buyers can choose from one last third-floor apartment and two luxurious penthouses, each equipped with modern features and specifications that enhance comfort and security.

    • Third-Floor Apartment: €515,000 + VAT
      – Bedrooms: 2
      – Bathrooms: 2
      – Internal Area: 84m²
      – Covered Veranda: 24m²
      – Total Area: 123m²
    • Penthouses: €630,000 + VAT (two units available)
      – Bedrooms: 2+1
      – Bathrooms: 3
      – Internal Area: 84m²
      – Covered Veranda: 24m²
      – Roof Garden: 23m²
      – Total Area: 179m²

    Modern Features

    Each unit at Shinko Residences is designed with high-quality materials and includes a variety of amenities:

    • Solar photovoltaic panels
    • VRV air conditioning systems
    • Underfloor heating with heat pump
    • Electric shutters in bedrooms
    • Pressurised water system
    • Storage room and covered parking
    • CCTV and video entrance system
    • Intruder and fire detection systems
    • Reinforced security doors

    These state-of-the-art features not only enhance the living experience but also contribute to the sustainability of the development, aligning with the modern homeowner’s expectations.

    Experience Shinko Residences Virtually

    To fully appreciate the lifestyle offered at Shinko Residences, potential buyers can take a virtual reality tour of the project. This innovative approach allows interested parties to explore the property from the comfort of their own home, experiencing the sophistication and coastal harmony that await them.

    A Sustainable Future in Real Estate

    Shinko Residences is developed by Tor Properties, a company committed to creating sustainable, high-end living spaces. Their focus on environmental, social, and governance (ESG) principles ensures that each development not only meets the needs of today’s residents but also contributes positively to the community and environment.

    With a strong presence in Limassol, Tor Properties invites buyers to join in a real estate journey that prioritises both quality of life and investment potential.

    Contact for More Information

    For those interested in securing one of the last available units at Shinko Residences, additional information and site viewings can be arranged. Interested parties can reach out via email at info@tor.cy, or contact the team through WhatsApp at +357 96 54 00 00 or by calling 8000 8086.

  • Cyprus as India’s Strategic Gateway to Europe Highlights Economic Opportunities

    Cyprus as India’s Strategic Gateway to Europe Highlights Economic Opportunities

    gateway — Cyprus serves as India’s natural gateway to Europe, a statement emphasised by India’s High Commissioner to Cyprus, Manish, during the Cyprus Forum 2025 in Nicosia. His remarks highlighted the significance of the India-Middle East-Europe Economic Corridor (IMEC) in enhancing global connectivity and trade.

    Gateway: IMEC: A Transformational Initiative

    At the forum, High Commissioner Manish outlined India’s vision for IMEC, describing it as a vital connectivity project aimed at lowering logistics costs, reducing transport times, and creating new trade pathways that connect Asia, the Gulf region, and Europe.

    Opportunities for Collaboration with Cyprus

    Manish emphasised the strategic positioning of Cyprus in this framework, suggesting numerous avenues for bilateral cooperation. He mentioned shipping, renewable energy including green hydrogen, digital trade facilitation, financial services, and education as key areas where India and Cyprus could work together.

    A Shared Vision for Sustainable Development

    During his speech, the High Commissioner reflected on the shared commitment of both nations towards sustainable development and rules-based international cooperation. This aligns with IMEC’s focus on green energy, digital integration, and inclusive growth.

    Building on Previous Diplomatic Engagements

    This dialogue follows Indian Prime Minister Narendra Modi’s visit to Cyprus in June, which laid the groundwork for deeper bilateral engagement. Modi engaged in extensive discussions with President Christodoulides at the Presidential Palace in Nicosia, focusing on enhancing cooperation across trade, investment, security, and technology sectors.

    Emphasising Stability and Connectivity

    During their June meeting, both leaders acknowledged IMEC’s transformative potential and reiterated their commitment to stability in the Eastern Mediterranean and the wider Middle East. They stressed the importance of fostering deeper engagement and connections from the Indian subcontinent through the Middle East to Europe.

    Encouraging Indian Investment in Cypriot Shipping

    Recognising Cyprus’s strategic role, both Modi and Christodoulides welcomed the possibility of Indian shipping companies establishing a presence in Cyprus. They encouraged maritime cooperation through joint ventures between Cyprus-based and Indian maritime service providers, aimed at strengthening economic and logistical ties.

    Cyprus as a Regional Hub

    The speakers at the forum also acknowledged Cyprus’s potential to act as a regional hub for transshipment, storage, distribution, and logistics within the IMEC initiative. This vision underscores the importance of Cyprus in creating a robust economic corridor linking these regions.