Blue Nautilus
Alpha
Katholiki, Limassol
Units
7
Neighbourhood
Katholiki, Limassol
Year
2027
About the Project
Seven residences in the heart of Katholiki. Considered layouts, quality finishes, and a penthouse with its own rooftop garden.
Project Alpha represents Blue Nautilus at its most considered scale. Seven residences spread across four floors, each one laid out to maximise natural light, cross-ventilation, and a sense of calm spaciousness.
Located in the established Katholiki neighbourhood — known for its wide, tree-lined streets and proximity to the city's best amenities — Project Alpha occupies a position that is both central and residential. The building's restrained façade of light concrete and timber blends into its surroundings while unmistakably signalling quality.
Internally, the specification is uncompromising. Bulthaup kitchens, Fantini tapware, and private terraces on every unit. One penthouses with rooftop, jacuzi and bbq occupies the upper floor, with unobstructed views toward the Mediterranean.
Property Types
Pricing
Apartments available from €315,000
VAT
VAT Advantage for Eligible Purchasers
Eligible Buyers May Benefit from 5% VAT on Homes up to 200m² with No Property Value Ceiling
For most new homes in Cyprus, the 5% VAT rate now stops at 130 m² and €350,000, and doesn't apply at all above €475,000. At α Residences, buyers making it their main home can apply for 5% on up to 200 m², with no price ceiling. On a larger home, the difference can run into tens of thousands of euros.
Who can apply
- Individuals buying an α residence as their main and permanent home in Cyprus
- You do not need to hold a Cyprus residence permit when applying
- The declaration is submitted to the Tax Department through the Tax For All system, and approval is decided by the Tax Department
Timing
Applications must be submitted by 31 December 2026, and your lawyer needs a signed sale agreement to file one. To allow enough time, we recommend signing by 18 December 2026.
This is a general summary, not tax or legal advice. α Residences falls under the transitional provisions of the Cyprus VAT law. The reduced rate applies only to a primary and permanent residence and is subject to approval by the Cyprus Tax Department. Please seek independent advice before purchasing.
Availability
List of Apartments
| Floor | Flat No. | Bedrooms | Flat Area | Cov. Verandas | Uncov. Verandas | Private Garden / Roof | Comm. Area | Total Area |
|---|---|---|---|---|---|---|---|---|
| 1st | 101 | 1 | 50 m² | 29.5 m² | – | 12 m² | 10 m² | 104 m² |
| 1st | 102 | 2 | 80 m² | 25.5 m² | – | – | 17 m² | 125 m² |
| 2nd | 201 | 1 | 50 m² | 18.5 m² | – | 12 m² | 10 m² | 94 m² |
| 2nd | 202 | 2 | 80 m² | 25.5 m² | – | – | 17 m² | 125 m² |
| 3rd | 301 | 1 | 50 m² | 18.5 m² | – | 12 m² | 10 m² | 94 m² |
| 3rd | 302 | 2 | 80 m² | 25.5 m² | – | – | 17 m² | 125 m² |
| 4th | 401 | 3 | 120 m² | 17 m² | 36.5 m² | 85 m² | 27 m² | 288 m² |
Specifications
Signature Features
Sustainable & Smart Living
Renewable Energy
Every residence is powered by an integrated Photovoltaic system, reducing your carbon footprint while servicing both communal areas and private apartments.
KNX Automation
Experience effortless control with a built-in KNX home automation system, fully upgradeable to manage lighting, sound, and climate via your smartphone.
Future-Ready Parking
Each apartment includes a dedicated ground-floor parking space equipped with a private electric car charging point.
Curated Interiors
Italian Artistry
Kitchens and wardrobes are exclusively Italian-made, featuring soft-closing systems and high-quality melamine or matte lacquered finishes.
Climate Comfort
Concealed A/C units and energy-efficient underfloor heating throughout the entire residence.
Elevated Aesthetics
3-metre high ceilings and premium laminated wooden flooring in bedrooms and living areas.
Security & Privacy
Advanced Protection
Italian-made security front doors, a fully coloured video entry system, and 24/7 CCTV monitoring of the grounds.
Controlled Access
Electric remote-control sliding gates securing the perimeter for total privacy.
Floor Plans
Layout & Space
Floor Plan
1st Floor
Location
Katholiki, Limassol
Limassol, Cyprus
Enquire about Alpha.
Our team will be happy to provide further information, arrange a viewing, or discuss investment options.