Limassol is driving the economic growth of Cyprus specifically in the real estate sector with ambitious luxury developments either completed or in the early stages of development. In fact, Limassolhas a leading role in growth rates as investment projects are in excess of €1 billion for the period 2017-2019. The projects include among others The Oval, the ONE,Trilogy Limassol Seafront, Limassol Del Mar, Olympic Residence and the Limassol Marina.
All these construction and property schemes constitute the forefront of the Cypriot economic development and the changing Real Estate Market in Limassol.
The Oval Luxury Offices
The Oval is an iconic new building on the Limassol skyline, with uninterrupted views across the Mediterranean, setting new standards in workspace design. It’s the tallest commercial building in Cyprus at 16 floors and with 2 underground parking areas. The investment exceeds €25 million and is the creation of Cybarco, Cyprus’ leading luxury property developer and part of the prestigious Lanitis group and internationally acclaimed architects Atkins in collaboration with WKK and Armeftis & Associates who have created a landmark project with a distinct shape that stands out in every sense.
Click below for Offices For Rent at Oval Limassol
Another Luxury Real Estate development and the most ambitious, prestigious and sought after Real Estate on the island.
An exclusive waterfront development combining elegant residences and a full service marina, with its own shopping and dining area in the heart of Limassol.
· 285 luxurious residential units, each with stunning sea and marina views, every comfort and the highest standard of specifications
· 74 villas of 2, 3 & 4 bedrooms, with private berths attached to the property or direct access to the beach
· 211 apartments and penthouses of 1, 2, 3 & 4 bedrooms
· A capacity of 650 berths - the first superyacht marina in Cyprus accommodating yachts up to 110m, managed by Camper & Nicholsons, in partnership with Francoudi & Stephanou Marinas.
· The only new development in the Mediterranean offering private berths directly attached to waterfront villas.
· Direct access to the beach and guaranteed berths within the Marina for all property owners.
· Shopping and dining area, fitness and spa, cultural centre and public parking.
· 24 hour security and concierge services.
Properties For Sale at Limassol Marina
Was built on the old Etko winery site on the Limassol seafront and is a residential project consisting of 2 towers of impressive architectural design with breathtaking sea views.
The entrance lobby, giving access to both towers is a hint of the luxury within. The apartments and penthouses are equipped with all the latest conveniences and built the highest standards of design and construction.
Olympic Residence offers even the most discerning buyer features to make this investment a dream come true. It has everything you could imagine a quality of life one can only aspire to. It has swimming pools, jacuzzi, a tennis court, a spectacular spa and a contemporary designed gymnasium and direct access from the buildings interior to a pedestrian bridge leading straight to the beach.
One Limassol Tower
Limassol will also gain one of the largest and luxurious projects in Europe, also being the tallest residential beachfront building in the Mediterranean, standing at 170 metres and 37 storeys tall. Titled ONE, the construction of the ambitious residential building has been taken up by Pafilia Company, at a cost of €60 million. The ground floor will feature retail stores and a restaurant, along with a stunning lobby. It will consist of 84 luxury apartments, includingtwo-storey apartments, and a three-storey penthouse with a private pool.
During the summer of 2019 the first phase of the ambitious Limassol Del Mar is expected to be completed, with the total value of the project estimated at €350 million, and at least 40% of apartments in the development already sold. The project is a result of a Leptos – D. Zavos consortium, and spans over 170 metres of a beachside view in the heart of the Limassol beach avenue, on a 34,000 square metre plot. It will feature 168 luxurious and spacious apartments of two to four bedrooms, offer five-star hotel services, a gym and a clubhouse. It will also boast a spa, sauna, internal and external pool, and provide management, rental, and security services.