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10+ major residential developments in the pipeline

10+ major residential developments in the pipeline

09.03.2023

With dozens of new residential developments, Cyprus property will continue to grow in the coming period as new projects are under development. We present some of the largest residential complexes under development.

Stasikratous Residences

The second tallest tower in the capital is under study. The residential tower, which will be located in Stasikratous , has a height of 102 meters and 26 floors.

Marco Polo

Construction work in progress Marco Polo , towers are being built in the eastern part of Limassol and specifically in the Amathus area , where the city’s five-star hotels predominate.

This is a luxury residential project with direct access to the beach. Marco Polo will offer five-star services to residents. In particular, it will include concierge services, a spa , an outdoor pool, a heated indoor pool, a gym and underground parking.

In terms of interior specifications, each unit will include, among other things, security entry doors, underfloor heating, central air conditioning, an intercom system, marble floors and high ceilings (3.15 meters).

The project was implemented by bbf :, and the London office of UHA was responsible for the architectural design.

Sun Mar Residence

Sun Mar The Residence is a new residential tower that is being built in the east of Limassol , specifically in the municipality of Yermasogeia , close to ” Icon “. His construction work is going on at an intensive pace, and the tower has taken shape.

In total, it will have 79 apartments, and the total height of the building will be 110 meters. At the same time, it will include underground parking, swimming pools, spas and other facilities.

The construction of the project was undertaken by Crona group .

Limassol Greens

long awaited Limassol Greens , located in the western part of Limassol , is also under development.

This is the first multi-theme golf resort, unique in its kind. Limassol Greens is a 1.4 million square meter large-scale multi-disciplinary project that includes an 18-hole international standard golf course, a state-of-the-art clubhouse, 500 villas and 250 apartments, the development of which was developed and planned in different time phases.

At the same time, it will include commercial and recreational areas that will house shops, restaurants, cafes, as well as a wellness center with an outdoor pool, a spa center, a gym, outdoor areas for yoga and meditation, tennis and basketball courts, walking and cycling paths, playgrounds, an open amphitheater, as well as a rich botanical garden.

It was designed, developed and operated by Lanitis Golf Public Co ., and sales were carried out exclusively by Cybarco development .

It is also worth noting that the project was designed by renowned architect Luciano Mazza , director of hotel design at the international architectural office HKS.

Еmerland

seven-star apartments and services, high-quality facilities, luxurious entertainment, dining and wellness areas, and offices are part of the master plan for a large complex of over 130,000 sqm . which the Israeli tycoon Gilad Shabtai plans to implement in Limassol and specifically in Zakaki .

Israeli tycoon’s upcoming major development in Zakaki to be implemented by newly established Cyprus company Emerland Real Estate with a vision of immediate development, mainly at the expense of Limassol and with a focus on the current stage in the Zakaki area .

Sunset Gardens

Sunset Gardens with a total cost of 100 million euros is being built in the west of Limassol , near the Mediterranean City of Dreams and Lady’s Beach Mile .

Sunset Complex Gardens consists of 320 one, two and three bedroom apartments in three and four storey buildings and is surrounded by numerous amenities such as swimming pools, restaurant, business center, supermarket, gym, tennis and basketball courts, etc.

It is noted that the first tenants have already received the keys to the new apartments.

Guru

Resort Guru mountain The Resort is being developed in Platres by DTA Group and is expected to be completed in late 2024.

This is a single residential and organized complex, which will consist of seven residential floors, a basement and an attic.

Guru will provide a variety of amenities for residents and guests, including wellness centers, a fitness center, locker rooms, a swimming pool and a dining area. It will consist of 71 apartments (20 studios and 51 one-bedroom apartments), five maisonettes ( lofts ) and 22 residential units.

The sum of all investments reaches 98 million euros.

Le Platres

A total of 19 two-storey villas with an area of 910 sq .m make up a new luxury residential complex that will be created in Platres . The construction was carried out by Property gallery .

The elite project will have huge terraces, spacious kitchens, large living rooms and cozy bedrooms.

Staston project

Staston Project is a mixed-use project being developed by the Municipality of Larnaca . This is a residential and tourism project promoted by OMIKRO KTIMATIKI LTD. The project will consist of two residential towers ( Tower A & Tower B) and a hotel.

Building A has 19 floors and is 75.55 meters high, while Building B has 27 floors and is 103.65 meters high. The buildings are intended for mixed use as they include a total of 97 apartments as well as shops, cafes, restaurants, a gym and a spa .

Nio villas

The municipality of Peyi has been enriched with a new residential complex, which has already received the green light from the Department of the Environment. It’s about ” Nio Villas ”, which concerns the construction of six villas, each of which will include its own pool.

of 4,625 sq.m. and with an estimated total cost of 1.7 million euros and the company owner is Tinomiron ltd .

by the company that owns the project, the proposed development will consist of six residential buildings with an area of 140 sq.m. The residences will consist of two floors, the first and second floors. The living room and kitchen will be on the first floor, and the bedrooms on the second.

Venus Gardens

Phase 10 Venus Gardens , a new residential development that will include a private road network in Paphos, in the area of Chloraka , has recently been put up for public comment.

Residential complex with 62 apartments owned by Armonia Estates , part of the Leptos group . The proposed project also includes a swimming pool, tennis court, private parking spaces and a private green area.

Source and photo: inbusinessnews.reporter.com.cy, Editor estateofcyprus.com

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