lifestyle-led living — Zoia is the latest residential project to emerge in Limassol, featuring 147 apartments in Kato Polemidia aimed at redefining lifestyle-led living. Developed by SquareOne, this ambitious scheme is situated in the rapidly evolving Berengaria area, previously home to a British military camp. The transformation of this once-military site into a modern residential neighbourhood marks a significant shift in the character of Limassol.
Photo: cyprus-mail.com
Lifestyle-led living: A New Community-Focused Development
SquareOne presented Zoia during a recent event attended by representatives from the Cyprus Mail, framing it as more than just another apartment complex. The company emphasised a vision that prioritises community, convenience, and long-term value for residents. This approach reflects a growing trend in Limassol’s property market, where potential buyers seek more than aesthetics, aiming for an enriching living experience.
Photo: cyprus-mail.com
Design and Amenities
The Zoia project comprises four five-storey blocks, offering a variety of one, two, and three-bedroom apartments, as well as exclusive penthouses with private roof gardens. This layout is designed to foster a sense of connectivity among residents, with some apartments featuring dual aspects and others optimised for park views.
SquareOne’s philosophy is evident in their commitment to creating a holistic living environment. Residents will enjoy amenities such as an outdoor swimming pool, gym, landscaped gardens, covered parking, playground, spa, and communal barbecue areas. The presence of two community managers and a dedicated residents’ app aims to enhance community engagement by facilitating curated events, activities, and interest groups.
Strategic Location
Positioned close to Limassol’s city centre, the old port, and Limassol Marina, Zoia offers residents easy access to essential services and leisure activities. The development benefits from direct connections to the A1 motorway and major routes into the city. Additionally, it is in proximity to several educational institutions, including Heritage, Island, Pascal, Lighthouse School, and CDA College.
Nearby green spaces, such as Limassol National Forest Park and Garyllis Linear Park, add to the appeal of the location. SquareOne also highlights the ongoing investments in the surrounding district, including initiatives related to the Cyprus University of Technology, which are expected to bolster housing demand and enhance the area’s long-term prospects.
Community-Centric Philosophy
The name Zoia, derived from the Greek word for ‘life’, encapsulates the project’s core themes: well-being, belonging, and shared experiences. Inside the apartments, high-quality specifications include underfloor heating, semi-solid wooden flooring, high ceilings, Italian sanitary ware, soft-close cabinetry, and ceramic finishes. Security features such as face recognition entry and video entry phones are also included, along with energy-efficient systems like photovoltaic panels and EV charging provisions.
SquareOne’s vision extends beyond mere living spaces; the company aims to cultivate an environment where neighbours can interact and build a sense of community. This ambition aligns with broader trends in Limassol, where property developments increasingly incorporate community facilities and after-sale management to meet the demands of both owner-occupiers and investors.
Investment Potential
The financial aspects of Zoia are equally compelling. SquareOne estimates that projected gross yields could reach up to 8% for one and two-bedroom apartments, with three-bedroom units expected to yield around 7%. For instance, a one-bedroom apartment starts from €212,000, with an anticipated rental income of approximately €1,400 monthly, equating to a gross yield of 7.9%. Two-bedroom options begin at €329,000, with expected rental income of €2,100 per month, resulting in a gross yield of 7.8%.
To facilitate property ownership, SquareOne offers a flexible payment plan that requires a 20% down payment, followed by monthly payments of 1.67% of the property value over four years. For a one-bedroom apartment priced at €212,000, this translates to an initial payment of around €42,000, with the remaining balance distributed across monthly payments of approximately €3,540.
Connecting to Limassol’s Vibrancy
The launch of Zoia was accompanied by a video presentation underscoring its connection to Limassol’s vibrant city life, business activities, coastal energy, and access to scenic mountainous areas. This narrative not only highlights the appeal of the project itself but also ties it to the broader transformation occurring in Limassol.
As Berengaria evolves from its military past to a thriving residential community, Zoia stands as a testament to this change, offering a lifestyle that integrates modern living with community engagement and investment potential. The project represents a forward-thinking approach to urban development, inviting residents to be part of a new chapter in Limassol’s history.
