A new residential landmark is taking shape in Limassol. Sunrock Residences, developed by Blue Reef Developments, brings together architectural elegance, wellness-focused design, and panoramic views across the sea, city and mountains.

Located on a peaceful hillside in Yermasogeia, this exclusive gated complex of 47 apartments and penthouses will redefining modern Mediterranean living — offering comfort, privacy, and a deep connection with nature, all just minutes from the city centre.

Construction began in June 2024, and by January 2025, all six floors had been completed — a visible testament to the project’s momentum.

Engineering works are now underway. Crucially, Sunrock is not sold off-plan, giving buyers the rare advantage of viewing a completed structure before making their decision.

The location is as strategic as it is serene; the development is within an hour from Nicosia, Larnaca and Paphos. At the same time, daily congestion of city traffic can be avoided  with prestigious schools such as Foley’s and The Grammar School close by.

The Yermasoyia area itself continues to evolve, with newly landscaped green zones and infrastructure upgrades enhancing both quality of life and long-term value.

At the core of Sunrock’s offering is a focus on balance — between work and rest, family and solitude, wellbeing and connection.

The outdoor space is centred around a striking 42 metre infinity pool with in-pool loungers, alongside a heated indoor pool and children’s splash zone.

Residents can enjoy a fully equipped spa complete with hammam, sauna, jacuzzi and massage room.

A modern gym with powerlifting and Pilates equipment, together with indoor and outdoor yoga decks, provides a range of wellness options.

There’s also a climbing trail, fire pit, cinema area and barbecue zone for social gatherings. Children’s areas are thoughtfully designed, including a Montessori-style sensory wall, mini climbing wall, and open play corners.

The residences themselves have been designed to prioritise light, space, and flow. Apartments range from two to four bedrooms, with a choice of layouts that include roof gardens and panoramic verandas.

All homes feature south-facing open-plan kitchens and living rooms to make the most of the Mediterranean sun and sea views, while bedrooms face north to stay cool and quiet.

Walk-in wardrobes, entrance storage, and fully fitted laundry blocks are optional. Kitchens feature top Italian brands, and bathrooms are fitted with high-end Italian fittings, reflecting the project’s commitment to quality.

Internal finishes are carefully selected, featuring Italian ceramic tiles, Spanish semi-solid engineered wood flooring, decorative plaster, textured panels, natural stone, and silk wallpaper in warm, neutral palettes. Doors are sourced from leading European designers.

Each unit is nearly turnkey, requiring only essential furniture to be move-in ready.

Smart home systems allow for full control over lighting, blinds, heating, cooling, and ventilation. Underfloor heating runs throughout, supported by a Mitsubishi Electric VRF air conditioning system and the brand’s Hydrobox and Hydrotank water solutions.

Apartments are equipped with multiple lighting layers and silent bathroom ventilation, adding further comfort and discretion.

Sunrock Residences meets AAA-level energy efficiency standards, in line with EU 2028 targets. Double-glazed thermal insulated doors by Muskita, 80mm insulated facades, and solar panels powering shared amenities all work to reduce environmental impact and keep communal costs low.

Select residences enjoy expansive private roof gardens, offering a refined outdoor experience. Each features a full kitchen, barbecue, fire pit, lounge, storage, W.C., and in some cases, a jacuzzi — ideal for entertaining, relaxing, or simply watching the sun set over the sea.

With gated entry, 24/7 CCTV, guest parking (including EV charging), and a family-friendly atmosphere throughout, Sunrock Residences combines security with elegance.

Its setting — “a world away, yet incredibly connected” — captures the essence of what makes Yermasogeia one of Limassol’s most desirable neighbourhoods.

Cyprus permanent residency programme

In addition to its lifestyle appeal, Sunrock Residences offers international buyers the opportunity to secure permanent residency in Cyprus through real estate investment.

Under the Cyprus Permanent Residency Programme, third-country nationals can obtain residency — not only for the main applicant but also for their spouse, children up to the age of 25, and dependent parents — by investing a minimum of €300,000 plus VAT in property.

This provides a gateway to the European Union, access to a favourable tax system, and a streamlined route to Cypriot citizenship within seven years.

The programme also exempts investors from inheritance tax and offers access to free public healthcare.

For those not interested in residential property, alternatives include investment in commercial real estate, Cypriot company shares, or collective investment schemes — all eligible under the same €300,000 threshold.

Cyprus non-domicile tax regime: a strategic advantage

Since 2016, Cyprus has also offered one of Europe’s most attractive non-domicile (non-dom) tax regimes. Individuals who qualify as Cyprus tax residents — either under the 183-day or 60-day rule — can benefit from a broad range of exemptions under the Income Tax Law and Special Defence Contribution (SDC) Law.

Non-doms legally avoid SDC tax on dividends, interest, and rental income, and are not subject to inheritance or capital gains tax (except for Cyprus-based property).

With other jurisdictions such as the UK phasing out similar systems, Cyprus has positioned itself as a highly favourable base for investors, entrepreneurs, asset managers, and high-net-worth individuals.

Even carried interest — typically treated as income in Cyprus — can be taxed at significantly reduced rates under special provisions, allowing certain fund managers to reduce their tax liability to just 8 per cent.

The system allows full exemption from SDC for 17 years, provided the individual has not been a Cyprus tax resident for at least 20 of the last 25 years.

To formalise this status, non-doms must apply for official certification through the Cyprus Tax Department.

Cyprus also offers flexible tax residency options, including the 60-day rule for those not resident elsewhere, provided they own or rent a home in Cyprus and conduct business or employment locally.

With no inheritance tax, low-income tax rates, strong legal protections, and seamless access to the EU, Cyprus is fast becoming the jurisdiction of choice for those seeking both lifestyle and financial efficiency.

For personalised advice on Cyprus tax residency and structuring, it is recommended to speak with your trusted tax advisor or a professional legal consultant.
Note: Tax reform regulations are expected in 2025 — making this an opportune moment to evaluate the current regime while it remains in force.

Whether for permanent living, a tax-efficient base, or a foothold in the EU, Sunrock Residences offers more than just a home — it offers a future.

For more information, visit www.sunrockresidences.com or follow @sunrockresidences on Instagram.