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  • 3 October 2018 Newzoe Developers in cooperation with Palourtis Estates at Cyprus- Lebanon Business conference " Invest in Cyprus"

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  • 26 September 2018 Citizenship by Investment Property Fair in Cairo, Egypt

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  • 20 September 2018 Newzoe Developers in cooperation with Palourtis Estates will be present at this year's Invest in Cyprus Exhibition.

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  • 17 September 2018 Standard and Poor raises Cyprus credit rating to BBB

    Cyprus got its investment credit worthiness back on Friday as Standard &... read more

  • 12 September 2018 Larnaca to get its first Mall

    Larnaca is set to see the construction of its first Mall within the next 18... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 3 October 2018 Newzoe Developers in cooperation with Palourtis Estates at Cyprus- Lebanon Business conference " Invest in Cyprus"

    read more

  • 26 September 2018 Citizenship by Investment Property Fair in Cairo, Egypt

    read more

  • 20 September 2018 Newzoe Developers in cooperation with Palourtis Estates will be present at this year's Invest in Cyprus Exhibition.

    read more

  • 17 September 2018 Standard and Poor raises Cyprus credit rating to BBB

    Cyprus got its investment credit worthiness back on Friday as Standard &... read more

  • 12 September 2018 Larnaca to get its first Mall

    Larnaca is set to see the construction of its first Mall within the next 18... read more

Projects promoted in every city in Cyprus

   

Gradually began to take forward the engines of growth in Cyprus, after the shock of 2013 by haircut of deposits, the collapse of the banking sector and the "paralysis" of the construction industry. Many projects come from private investors both foreign and from Cypriots will transform the country and to put on the world map of large and modern works. Some of the works have been completed, others are under construction and others are still at the planning stage. 

Investors are betting on tall buildings which are classified as skyscrapers, a golf course, a mall, a marina and buildings intended for commercial and tourist use. 
Alongside hotel renovations are in the coastal cities, where the beds are increasing and upgrading their infrastructure in order to provide tourists more improved services. The main features of the developments is the modern architecture, the innovative construction and luxury. 

With new developments are expected that will create jobs and income will flow into state coffers. Most projects are in Limassol after addressing buyers 'thick' wallets. As known in the region live many Russian and multinational companies operate and the large economic interests and the employees mostly foreigners seek luxury apartments. 

In Limassol, except skyscrapers, towers and other projects under construction, another project will help increase tourist arrivals. This casino, which will be the first multi-themed casino in Europe and will be erected on land spanning across 350 decares, bordering the east with the mall Limassol and west by the Lanitis Group work, Limassol Golf Greens. Soon to be approved by the Cabinet, the due diligence supply control submitted by the consortium of Melco International Development Ltd (Melco), Hard Rock International and Cyprus Phasouri Ltd. The casino is expected to open its doors in January 2020 and it is estimated that the investment will exceed € 0.5 billion. 

One of the most ambitious projects is the Limassol Golf Green Golf Resort area 1.4m., Square meters, which it is close to Lady's Mile. In development projects planned total area of 150 thousand. Sqm, which will be built 394 luxury homes, 264 apartments, golf courses, wellness centers and gyms, as well as buildings for commercial development. In development involved the Lanitis Group Companies, the Cybarco and Aecom / Edaw. It is awaiting approval of the final design. 

Meanwhile between the resorts St. Ambrose and Paramali in Limassol promoted and Aristo Eagle Pine Colf Resort, of Aristo company. These 1.7 million for land work., M, where the building land will be 150 thousand square meters. It is expected the construction boutique hotel, golf course, shopping center, a large number of villas and apartments.  

The project Limassol DEL MAR, will adorn the waterfront city, which is property of the groups D. Zavos and Leptos. As known consisting of two towers with 168 luxury apartments, while providing five-star hotel services. The project was designed by the award-winning architectural Benoy offices in London. 

Another aspect in Limassol expected to give The Oval Cybarco the project, which is estimated to be ready in June. The The Oval is located 100 meters above sea level, the height reaches 75 meters and consists of 16 floors. The The Oval is designed by world renowned architects Atkins, in collaboration with the architectural offices and WKK Armeftis & Associates. 
In the area of Tikhon erected work of Halcyon Stademos Hotels PLC property, which is a mixed tourist development, including a five-star hotel, villas and apartments in Limassol. The complex is expected to open in the spring of 2018. The project consists of one hundred eighty-three rooms, eleven executive suites which have a private pool with roof garden, 9 apartments and fourteen villas. 

From major projects is the Limassol Marina has been operating since 2014. All the luxurious apartments in Limassol Marina have been sold and more than 80% of villas is delivered. 
By the time the end and completed the work of pioneering work iHome, group A. Athanasiou, located in the coastal region Ag. Tychonas Limassol. It consists of two luxurious towers of 82 meters, which have apartments. Services of a luxury hotel would offer. 
In December 2018 expected n complete the new project of EMU Pafilia, which includes 37 floors and a height of about 170 meters. The project consists of 83 luxury villas with three apartments per floor. 

Architecture resembling a sea include Arc-Ship, in Limassol, which is expected to be ready before the end of the year. The project includes 17 floors and 22 apartments and offers guests hotel services. 

Towers in the capital

however can Limassol absorb most projects, investment interest but exists in other cities. Already many investors have contacted the authorities of almost all municipalities, presenting the drafts for investment planning. The aim of the project is to attract and buyers from abroad. 

In Nicosia the plans of Cyfield, is the construction of a skyscraper of 30 floors, which includes modern apartments. 
In the capital area in the old GSP the Marfields Enterprises, promotes the Central Park Residence. The project cost reaches € 40 million. This is a mixed-use development (commercial, residential and services), with luxury apartments of two and three bedroom apartments. 

In the city center, the Jean Nouvel Tower 25 rises to a height of 62 meters, with 16 floors above ground. O tall, vertical of volume, in contrast to the horizontal of the medieval walls and sunken moat surrounding the old town, creates a different setting. 

One of the projects conducted in Nicosia is the building of Wargaming, which is located on the avenue Demosthenis Severi. The property is bordered on one of the high points of the capital, thus obtaining the advantage of the city unimpeded view in all directions. 

Floating restaurants in Paphos marina

of the most important projects to Paphos is Paphos marina which will be built at "Potima" of Kissonerga, on the coastal road of Coral Bay. The project cost is estimated at € 400 million. The total project develops in 155,000 sqm of land on land and at sea 160.000t.m area. It has a capacity of 1000 seats, including Mega-Yachts and all necessary assistance services. Note that the residential development other than the hotel is located within the sea artificial islands are created and there are 12 restaurants and floating access will be via the quay or traditional boats. 

The Limni Resort project in the Polis area will contribute to the development of the region. The Cyprus Limni Resorts & GolfCourses Plc proceeded with the filing of applications and projects for the separation / division permits the master plan, as well for the licensing, planning and construction, they need the individual elements of the project. Specifically, the project will be built in an area of 3,300 hectares of land. It will include luxury hotels, golf courses, wellness centers, villas and sports facilities. 

In the bottom Paphos, erected a luxury hotel with 160 rooms and at the same time renewed another 5 hotels in 

Imposing towers at Marina Agia Napa

Project milestone in Ayia Napa, is the Ayia Napa marina which will cost € 220 million. The projects already They started and will be completed in 2021. it includes a spacious and luxurious apartments in two impressive towers, villas, marina with berthing capacity of 600 boats. 

The project undertaken by the company, MMMakronisos Marina Ltd, whose shareholders are the Gemini Real Estates Ltd Egyptian investor Mr. Naguib Sawiris and Cypriot interests Caramondani Group Companies Group. In his work stand two impressive towers that will be visible both from the shore and the sea. Their height exceeds 100 meters. Their rotary design is inspired by caryatids and sculptures have been found in archaeological sites across Cyprus. 

The Agia Napa Municipality has published 12 new planning permission for the construction of new luxury hotels and renovated almost all hotels in the area. 

This year is calculated and the start of works on construction of the marina in Protaras which will last for three years. Expected soon and the signing of contracts. The cost of construction of the marina will reach € 110 million. In the marina there will be possibility of mooring 300 boats. Also they will be built villas and other commercial and tourist developments. 

Paralimni 15 tourist accommodation in apartments converted into hotels. While many existing hotels being renovated as estimated increase tourism by 20% this summer. 

Investors battered and the door of the Larnaca Municipality stating that it will proceed with investments that will change the image of the city. Benefit for the city of Zeno is the fact that the city lies the airport. 

The construction of 20 storey skyscraper planned Kition former hotel, located opposite the police Larnaca address. Already began the demolition of the building to be erected a building with modern standards, which will include luxury apartments and underground parking. Foreign investors who cooperate with the Cypriot property development company, submitted an application to obtain planning permission. The project design is by leading architects abroad.  
 
Behind the street Piale Pasia the Cyfield, began construction of the building with eleven floors which will include apartments will appeal to Cypriots and foreigners. 
Investors in Lebanon are planning the construction of two apartment buildings in the Mackenzie region, while Ermou Square began the works for the construction of five-star hotel, which dominates on Kalogera road. 

Ukrainian investors have expressed interest and proceeded to purchase land in the Mackenzie area to build two towers with 25 floors. Already investors presented their drafts at Larnaca Municipality. But before the start of construction works should be agreed by the aviation policy in relation to the height of the building as well as adjacent to the airport. 

Meanwhile in 2019 is expected to open its doors in Radisson Blu Conference and Airport Hotel in Larnaca. It is the first hotel and Convention Centre in Cyprus, which will be located close to Larnaca airport. It has 180 rooms and offers extensive facilities for meetings and events, recreation areas, a spa, gym, tennis courts, indoor and outdoor pools. The hotel will be designed, constructed and operated in accordance with the high standards and specifications of the Carlson Rezidor Hotel Group. 

Investors from Qatar and Lebanon bought the Castle hotel and piece of land in the Mackenzie which adjoins the hotel. Investors promote the construction of luxury hotels and restaurants, the cost of which will reach € 13 million. In fact, their plans was to create technical island and across from the castle to be constructed luxury hotel. On site was planned and the operation of restaurants. Hotel and restaurants will be connected with overpass bridge. Competent source said the "F" that even investors are not applied to secure planning permission.  

Is unchanged and the plans for the creation of a luxury hotel with 25 floors in the beach front of palm trees, to where was the former primary Larnaca mansion. This item bought Russian investor. 

The Larnaka Municipality bet and uniform development of the marina and harbor. Also prior week, the Municipality presented the town council development plan of the refinery area. According to the plans, the space will be used mainly for tourism purposes. 

Alongside its own mall will become the city. Already submitted planning permission to build mall opposite the new GSZ. The mall will be built on an area of 40 thousand. Sqm., And is expected to cost € 60 million. The mall which is Greek property residing in South Africa, including restaurants, cafes and cinemas. The second mall called Sunny Mall is planned to be erected in Larnaka -Dekeleias and is within the municipal boundaries of the Municipality of Livadia. The Sunny Mall will include a 24orofo tower with 420 luxury apartments. Also the area of shops, restaurants and entertainment venues is 25 000 sqm. 

http://www.philenews.com/el-gr/oikonomia-kypros/146/354095/se-kathe-poli-tis-kyprou-proothountai-erga-ekatommyrion