Cyprus is the Mediterranean’s third largest island and is distinguished by beautiful beaches, dramatic mountain scenery and a friendly, warm welcome. Blessed with over 300 days of sunshine a year, Cyprus is an island which offers plenty from: Championship Golf courses, golden beaches, and stunning mountain scenery, upmarket, luxurious hotels, as well as nautical pastimes.
The cosmopolitan beach resort of Limassol on the south coast of Cyprus is a year-round, city with an array of international companies based and running operations from it. Holiday-makers can spend time at the Lady’s Mile Beach whose golden sand and crystal clear waters are ideal for families. The medieval castle in the old town, the archaeological museum, the small zoo set in eucalyptus and pine forests, offer plenty for the sightseer. What's more the coastal restaurants and beach-side hotels offer fabulous facilities for wining and dining.
Limassol is part of the vanguard of a coastal revolution in Cyprus. The construction of a man-made island is something you might associate with Dubai, but with the aim of improving Cyprus' standing on the global tourism stage, the Mediterranean island of Cyprus is doing just that.
The Cypriot government intends to attract more upmarket visitors with its plans for four new marinas located in the island’s main resorts, Limassol being the grandest of them all and first to be built. The marina, opened in 2014, complements the existing port facilities. There is an artificial island, able to accommodate “super yachts” (yachts that are over 35 metres long). This will provide a boost to the tourism industry and further enhance its first class infrastructure
Established since 1945 the developer is one of the leading contracting and property development companies in Cyprus. Operating throughout Cyprus, Greece, Qatar and Bahrain, the company is involved in projects ranging from housing and resort development to highway and airport construction. The development division of the company offers a range of properties in Cyprus and Greece consisting of commercial buildings, luxurious residential units, exclusively designed holiday homes and prestigious golf properties. With more than 60 years of experience and sales offices throughout Cyprus, as well as in London, Moscow, St. Petersburg, Athens, Rhodes and Crete, this developer believes in integrity, professionalism, quality, teamwork and reliability.
These values have helped create an enviable reputation in the construction industry and wider society, locally and internationally. It chooses to work with Professional agents, who take care to serve the needs of clients.
Among the most exclusive waterfront developments in the Mediterranean, it sets a new benchmark in world class luxury residences. The unique Island Villas offer private berths and unrivalled sea and marina views, they offer the rare opportunity to moor a yacht of up to 60m outside your very own garden.
The Peninsula Villas offer direct access to a sandy beach or private berths. Apartments and penthouses are set in a verdant landscape with a communal swimming pool and uninterrupted sea views.
Reclamation of the island in the heart of the Marina and a peninsula on the western side, along with the south-eastern breakwater, extend Limassol's reach further out into the Mediterranean.
Apartments were available for sale first, then Peninsula Villas, followed by the Island Villas.
Placing Cyprus on the nautical yachting map, Limassol Marina is now fully operational and able to accommodate all types of vessels from 8m to 110m in length. Operated by Camper & Nicholsons, one of the world's oldest and most prestigious yachting business names, its facilities and services will be based on the highest international standards.
Property owners have an option to reserve the right to secure a berth along with their purchase.
Apartment prices start from €428,000
Peninsula and Island Villas prices start from €1,650,000
Note that when considering the prices shown for the villas, this includes the substantial value of the adjoining berth for 90 years.
If getting some income from part of your property is of interest then count on gross yields of between 2.5-4.5%
1st floor, 50 sqm apartment has marble entrance hall, living area, dining and kitchen. The bedrooms have laminated, parquet floors and the verandas and bathrooms have ceramic tiles, with marble counter-tops in the bathrooms. The Kitchen has granite worktops, fitted cupboards, ceramic hob, electric oven, extractor hood, washing machine, dishwasher and refrigerator. Solar power heats the hot water supply and underfloor heating keeps the apartment warm in the Winter. Air-conditioning units cool the apartment down in the Summer. The entire building benefits from a satellite system.
Rental management possibilities exist to help clients rent their properties if requested. Demand on such a development is expected to be high, due to the fact that Limassol Marina will be developed at a prime location, offering exclusive properties on the sea.
Total number of berth places: 643
Berths released separately from the residential real estate.
For this 1st floor, 50 sqm apartment the standard price is €428,00, with a berth this would be:
15m berth from €517,300
20m berth and 25m berths-please check availability
Prices include parking space and storeroom
These apartments are VAT exempt
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