2020 Cyprus Country Report
The 2020 Cyprus Country Report features in-depth articles on the economy, foreign direct investment, international trade and headquartering as well as detailed sector profiles and insights from Cyprus’ 100 most influential political, economic and business leaders shaping the future of their country and its industries.
The 2020 Cyprus Country Report features in-depth articles on the economy, foreign direct investment, international trade and headquartering as well as detailed sector profiles and insights from Cyprus’ 100 most influential political, economic and business leaders shaping the future of their country and its industries.
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Limassol Marina is just one example of a success story<br />
that saw a run-down part of <strong>Cyprus</strong>’ most vibrant city<br />
transformed into an award-winning and highly sought-after<br />
superyacht destination with its own residential community,<br />
dining, shopping, cultural and leisure facilities. Almost all<br />
properties have now been sold, exceeding a sales total of<br />
€500 million, and the project is nearing completion with<br />
its last phase apartments in the sea at Castle Residences -<br />
surrounded by the azure waters of the Mediterranean.<br />
A few kilometres to the east of Limassol Marina, Trilogy<br />
Limassol Seafront is the latest mixed-use destination by<br />
Cybarco. With financing secured, it offers the ultimate<br />
investment in a prime location and at great value across three<br />
shimmering beachfront towers. It is the only place to live,<br />
work and play in <strong>Cyprus</strong>, boasting offices and apartments<br />
with sea views from every window, dining, shopping, and<br />
leisure facilities. The two front towers’ construction is<br />
progressing apace, and piling of the North Tower has been<br />
completed. Sales and reservations for its luxury properties<br />
have now exceeded €170 million with interest still strong,<br />
despite the challenges of the pandemic.<br />
Just a few minutes from Trilogy, Cybarco’s boutique<br />
Aktea Residences offer an address for coastal living in one<br />
of Limassol’s up-and-coming areas. And from the vibrant<br />
shores of Limassol to the most serene and picturesque part<br />
of the island, Akamas Bay Villas is the developer’s private<br />
haven of natural beauty located near the Akamas Peninsula.<br />
Construction of its masterplan’s second phase is underway<br />
following the successful sales and completion of phase one.<br />
Undisturbed views of the sparkling blue sea and boundless<br />
sky, blend with harmonious architecture and outstanding<br />
design across a dozen newly released villas on fully<br />
landscaped plots, with show homes available for viewing.<br />
Michalis Hadjipanayiotou, is optimistic about the<br />
future: “We are particularly proud of our pioneering<br />
projects. We feel we have managed to raise the bar for<br />
development in <strong>Cyprus</strong> over the years. Projects like<br />
Limassol Marina and The Oval are landmarks in more ways<br />
than one. They have set the benchmark for future projects<br />
of their kind and given <strong>Cyprus</strong> much-needed exposure in<br />
markets we previously had no product to offer. We are very<br />
excited about the coming years and we strive to continue<br />
finding creative and unique ways to bring change for the<br />
better to <strong>Cyprus</strong>.”<br />
Trilogy Limassol Seafront<br />
Limassol Marina<br />
Shaping <strong>Cyprus</strong> since 1945<br />
For more information, contact 8000 50 30 or visit<br />
cybarco.com<br />
Aktea Residences<br />
Akamas Bay Villas