Luxury for Less-
Mazotos, Larnaca, Cyprus
Mazotos Panoramic Village Sales
Panoramic Village consists of 72 Apartments in 7 blocks located above the traditional Cypriot village of Mazotos. The development was completed in 2010/11. There are now some apartments available for sale either through the Developer; Existing Owners or through repossessions by the banks. More Details are given below. It is expected that full Title Deeds will be available during 2020
If you are interested in any of these apartments just email your details to firstname.lastname@example.org and we will get back to you. Click here for detailed floor plans and the full building specifications.
Developer’s Unsold Properties
There are currently 14 unsold properties on the MPV site. Most of these apartments are 1 or 2 bedroom apartments.
The apartments are often in disrepair generally unfurnished and with no air conditioning units. As these are unsold properties, it is expected they will incur VAT on any sales. Last prices from the developers are €60,000 (1 bed) and €76,000 (2 bed) +VAT
If you are interested in these apartments, all enquiries should be made to the joint developers of Mazotos Panoramic Village; Hassapis Estates Ltd and Michael Xenis.
Although most existing owners are happy with their properties on Mazotos Panoramic Village, some are interested in selling their apartment and as these would be re-
€90,000 for Penthouses
€70,000 for 2 Bedroom Apartments, and
€50,000 for 1 Bedroom Apartments
Once individual Title Deeds are available, these prices will need to be revised.
During 2019/20 8 apartments (mainly penthouses) on Mazotos Panoramic Village were repossessed by Alpha Bank. Whilst some of these apartments are in disrepair, others are sound, with a/c units and white goods. These properties are being sold direct by Alpha Bank on an “as seen” basis. If you are interested in these apartments they are available through the Alpha Bank retail website at www.aresproperties.com.cy No prices are given on this site and prospective buyers are requested to indicate their interest and submit an offer for purchase.