Architectural revolution in Cyprus: 15 iconic projects and the transformation of neighborhoods

Cyprus is undergoing a major architectural and economic transformation. Currently, 15 landmark mixed-use development projects are under development, with a combined investment exceeding €4 billion. These “cities within cities” are designed to cement the island’s status as a leading Mediterranean destination for the world’s wealthiest individuals.

Limassol maintains its leadership in the number of high-rise properties, but the districts of Larnaca , Paphos, and Famagusta are actively closing the gap. Even Nicosia is showing a steady increase in interest in premium residential properties.

Ayia Napa Marina

Ayia Napa Marina is an iconic multifunctional coastal complex, awarded the Blue Flag, and the official port of entry to the Republic of Cyprus. In addition to its yachting infrastructure, the project stands out for its unique architectural features.

The East Tower, over 115 meters tall, is one of 42 rotating towers in the world. Sales have already reached 92%. The project includes 95 spacious apartments, designed with sea views from all bedrooms, as well as 23 villas (12 beachfront and 11 on an artificial island). Prices for affordable residential properties start at €930,000 for apartments and €5.1 million for villas.

Infrastructure:

• A fully equipped 600-berth marina with first-class amenities and services for pleasure craft; a dedicated shipyard and repair facilities;
• A commercial area that houses the largest retail space in Famagusta (over 4,000 sq. m) with a variety of shops, restaurants, facilities for yachting professionals , and an impressive events center.

Cap St Georges Hotel & Resort

Project by Korantina Homes in Peyia is one of the largest resort complexes in the Mediterranean. It combines a five-star hotel with extensive residential properties.

• Scale: The total area is 580,000 square meters along a two-kilometer coastline.
• Properties: Over 200 luxury villas, 90% of which have already been sold . Minimum asking price: €2,000,000.
• Vision 2030: The development plan includes a water park, a private school (from kindergarten to lyceum), a rehabilitation center for athletes, and a specialized medical clinic with a diagnostic center and oncology department.

The project has become a benchmark for environmental responsibility, receiving the Green Key certification for the conservation of local flora and fauna.

The Cleopatra Spa is available to guests. A spa , gym, tennis and padel courts, and two European-standard football pitches complete the experience. A 24-hour club, concierge service, and 24-hour security complete the experience. Resort life is closely connected to the natural landscape and Cypriot traditions through activities such as horse riding, cycling, and preparing authentic local produce.

Eagle Pine Golf Resort

Eagle Golf Resort Pine by Aristo The approximately €500 million development is located in a picturesque area 20 minutes from Limassol , 20 minutes from Paphos Airport, and 30 minutes from Paphos itself. Designed to set a new benchmark for luxury housing, quality tourism, and golf in the Mediterranean, the complex is aimed at lovers of peace, nature, and an active lifestyle.

Eagle Resort Pine Golf The resort boasts a comprehensive network of sports facilities, including a football pitch, tennis courts and padel courts , highlighting the character of a modern resort focused on wellness and outdoor activities.

• Residential stock: 1,000 residential units are planned, including 700 detached villas and 300 apartments (one-bedroom, two-bedroom and three-bedroom formats).
• Sporting highlight: World-class 18-hole golf course designed by champion Graham Marsh.
• Services: A 107-room hotel, a luxury spa , a shopping center with shops, restaurants and a supermarket offering a full range of services on the premises.

Egkomi Gardens

Egkomi Project Gardens is a gated community in the heart of the area. Egkomi is a residential complex consisting of five eight-story buildings, including 300 serviced apartments. The focus here is on sustainability and a modern lifestyle with abundant green spaces.

• The total development area is 30,312 sq. m. The land area on which the project is located is 20,640 sq. m.
• Infrastructure: kindergarten, coworking space , cafe, health centers, swimming pool, sports facilities, concierge and management company services, as well as security .
• Cost: The project is estimated to cost €110 million. Completion is scheduled for 2029. Prices per square metre start from €3,450 for one-bedroom apartments , €3,630 for two-bedroom apartments and €3,625 for three-bedroom

Horizon Towers

One of the most ambitious projects, Horizon, is being implemented in Larnaca Towers . This is a €200 million multifunctional complex combining residential and commercial space. The project includes six high-rises of varying heights, which are intended to become a new landmark for the city.

• Housing stock: 530 residential units.

• Commerce: The project includes 3 restaurants, 13 offices and 3 shops.
• Start and prices: Completion of the first phase (towers 1 and 2) is expected at the end of 2029. Prices for one-bedroom apartments start from €310,000.

The project is aimed at an international and local audience interested in luxury housing in Larnaca and Cyprus in general, both for personal residence and for investment .

Limassol Blu Marine

Limassol Blu Marine is a flagship project in the area Limassol, worth €400 million. The complex is located on the first coastline and includes four high-rise buildings: two residential ( Poseidon Tower and Cavalli Tower ) and two office ( Status Tower and Oceanus Tower ) .

Project Features:

• Exclusivity: Cavalli High-Rise Interiors Tower designed by fashion house Roberto Cavalli , which is a unique precedent for Europe.
• Amenities include a 50-meter infinity pool , a double-height gym , lush gardens, a children’s playground, a cinema, a golf simulator, billiards, a luxurious entrance with reception , and 24-hour concierge, housekeeping, and security services . Owners also have access to over 1,300 square meters of wellness areas, including treatment rooms, saunas, and steam rooms, as well as a 25-meter indoor heated pool with natural light.
• Prices:

1. One-bedroom apartments: from €825,000;
2. Double bedrooms : from €1,463,000;
3. Three bedrooms : from €1,821,000.

Status: Office buildings are fully sold out and sales in Poseido n Poseidon Tower reached 90%.

Limassol Greens

Limassol Project Greens in western Limassol , a €400 million development, combines natural living with urban comfort. A complete ecosystem for living and recreation is being created on a vast 1.4 million square meter site . Upon completion, this only golf resort being built within the city limits will include:

• 500 luxury villas and 250 apartments.
• The 18-hole course covers an area of 650,000 square meters.
• Other infrastructure: restaurants, gyms, spas , tennis and padel courts, public parks.
• Ecology: More than 70% of the territory is allocated to “green zones” and public spaces. Renewable energy sources and recycled materials are used. water for irrigation, waste management with an emphasis on recycling, and methods aimed at protecting local biodiversity are organized .

Property price:

1. Apartments ( two- and three – bedroom ) – from €550,000.
2. Maisonettes ( two and three bedrooms ) – from €975,000.
3. Villas ( three to six bedrooms ) – from €1.5 million.

Minthis

Minthis Project by Pafilia Property Developers in the Paphos wine region is a complete complex surrounded by a five-million-square-meter natural landscape, where architecture, sustainability , and wellness coexist in complete harmony with nature. The project’s concept is based on a holistic lifestyle philosophy, where architecture complements the natural landscape. The project’s developers believe that people strive for a lifestyle that calms the mind, restores the body, and promotes inner balance.

Key features of the project:

• Composition: More than 200 luxury residences, including one-, two- and three -bedroom apartments and villas, as well as a 90- suite hotel .
• Infrastructure: An 18-hole golf course , an award-winning spa with a 25-metre swimming pool, sports courts (tennis, paddle , football) and 5,000 metres of hiking trails; an award-winning spa (25-metre heated pool, whirlpool, thermal zones, gym and yoga studio), restaurants, bars and other services.
• Environmental friendliness : Only 3% of the total area of the site is built up.
• Prices: Apartments are available from €705,000, villas from €1.2 million and luxury detached houses from €2 million.

New development phases, launched in 2024, will continue until 2027, offering buyers exclusive neighborhoods such as Topos Residences and Signature Residences .

Palm Beach Resort

With investments of over €110 million, the Palm project Beach Resort transforms area’s coastal area Larnaca into a modern urban resort. This multifunctional project combines high-end hotel services with private residential properties.

Project structure:

• Waterfront Residences : A four-storey building offering 20 exclusive apartments for private ownership.
• Sea Breeze Tower : A nine-story high-rise building with 55 premium apartments functioning as a premium hotel .
• The Beach Houses : 21 bungalows on the seashore.
• A five-star hotel with 159 rooms managed by Thanos Hotels .
• Infrastructure: restaurants, recreation areas, sports and wellness areas, spas , bars, swimming pools, as well as modern conference and event facilities.

The project is aimed at affluent buyers from the UK and Central Europe, as well as local entrepreneurs who value a combination of privacy and access to world-class service.

Paralimni Marina

Paralimni The €100 million Marina is a unique project fully financed by Cypriot investors PMV Maritime Holdings . It is intended to enhance the prestige of the area. Famagusta and create a new point of attraction for yachtsmen and island residents.

Project characteristics:

• A marina for 300 yachts, 77 residential and 10 commercial premises, and a 50-room hotel . 62 units have already been sold (90% of buyers are Nicosia residents) , and the company is retaining 15 for investment purposes . The commercial portion of the complex will house two cafes, four restaurants, a minimarket , and three shops.
• Design: Interiors by Armani Casa .
• Prices for residential premises fluctuated around 7,000 euros per square meter.
• Timeframe: Port works are complete, marina services are expected to launch in 2026, and full commissioning of the facilities is expected in 2027.

Particular attention has been paid to security: the complex is equipped with advanced monitoring and access control systems, a key requirement for premium buyers.

The building, which will house permanent police, customs and other government agencies, as well as a petrol station, is expected to be completed in early 2026.

Project KEAN

One of the most complex and ambitious projects is KEAN in the area Limassol envisions the transformation of a historic industrial zone into a green, car-free community where biophilic architecture, luxury amenities, and carefully designed spaces harmoniously coexist, creating a new paradigm for improved urban living . The bbf project , costing over €200 million, is being implemented in two phases using a unique process to relocate the existing factory without interrupting production.

Project characteristics:

• Total area: 46,791 sq.m (one of the largest properties on the island).
• Residential properties: Two high-rise buildings comprising 158 units, ranging from one-bedroom apartments of 90 sq. m to two-story penthouses .
• Commercial real estate: Two class A office towers and over 30,000 sq. m of retail and office space.

Guests will enjoy three signature swimming pools: one outdoor for private residents, one indoor, which will be the centerpiece of the spa , and one outdoor for children, located directly next to the kids’ club. The project will also include sports facilities, such as paddle courts and tennis courts. The shopping center will house designer boutiques and an exclusive fine-dining restaurant.

Completion of the first tower and handover of the keys are planned for 2030.

Unit prices are disclosed exclusively at closed meetings, where each interested buyer is provided with personalized information.

Silicon Park

Silicon Park is a next-generation project spanning 30,000 square meters. This innovative multifunctional complex combines cutting-edge workspaces and modern residential spaces in a unified, sustainable environment.

Project characteristics:

• Two commercial office buildings and three residential buildings comprise 190 one-, two-, and three-bedroom apartments . The project’s office space covers 9,437 square meters, equivalent to one and a half football fields. Green areas and open spaces occupy 3,685 square meters. The residential area covers a total area of 16,670 square meters.
• Facilities: Restaurant, gym, swimming pool, kindergarten, coworking spaces , and recreation areas . Concierge and property management services are available to ensure comfort, security, and a high level of service.
• Environmentally friendly : The project is BREEAM certified, which confirms its energy efficiency and reduced environmental impact .

Studios in this development range from €195,000 to €550,000 (plus VAT). 35% of the units in the current initial construction phase have already been sold .

The Landmark Nicosia

In the center of Nicosia , in one of the most prestigious areas, connecting the shopping center with the main highways, The Landmark complex is located Nicosia by MHV Mediterranean Hospitality Venture is a multifunctional project combining luxury living, business, and five-star hotel services.

Main characteristics:

1. The Landmark Residences : A 17-story high-rise building offering 54 luxury units. One-, two- , and three-bedroom residences are available , including exclusive upper-floor villas with private pools and gardens . Exterior work will be completed by March 2026, while interior finishing work, including layout and interior design, will continue.
2. Landmark Complex The Landmark Offices building consists of 16 floors, meets LEED Gold standards , and offers 1,250 square meters of office space per floor. The offices will be commissioned in early January 2026.
3. The Landmark Hotel Nicosia , Autograph Collection The hotel is already operating as usual, boasting five floors and two basements, 265 rooms, 18 suites, 10,000 square meters of green space, three swimming pools, a spa , a beauty salon, a wellness area, a gym, and over 1,500 square meters of event space . The hotel offers concierge services, security, modern 5-star hotel infrastructure, wellness services, gastronomy, and thoughtful interior design.
4. The project also houses restaurants, a cigar lounge, the Artion gallery and luxury boutiques such as Michalis Diamonds and Cara .

The project’s goal is to create a complete place for living, working, and relaxing, with modern architecture and improved service.

Trilogy Limassol Seafront

Cybarco ‘s Trilogy is a massive €380 million waterfront development located in the heart of Limassol . It’s a unique, multifunctional project consisting of three buildings:

1. West The 160-metre-high tower has 39 floors and includes 67 apartments and 52 offices, recreation areas, changing rooms, indoor and outdoor swimming pools, a gym, sauna, hammam and spa centre.
2. East Tower 148 meters high and consisting of 36 floors, it includes 125 apartments, recreation areas, changing rooms, outdoor and indoor swimming pools, a gym, a sauna, a hammam and a spa center.
3. In the 13-story North building The 49-metre-high Residences will house 76 apartments, as well as a lounge area, changing rooms, indoor and outdoor swimming pools, a gym, sauna, hammam , treatment rooms, a thermal spa and a relaxation area.

Project characteristics:

• Scale: The total plot area is 21,500 sq. m , and the building area is 61,000 sq. m . The project is 80% complete, and sales have reached 90%.
• 268 luxury apartments and commercial spaces, as well as 52 offices. 24-hour security and a central reception desk for residents and visitors, as well as a full range of apartment rental services.
• Amenities: The 6,700 sq m private oasis will include an adults-only pool with a bar, landscaped gardens, a children’s pool and a playground .
• The 6,850 sq. m project includes a food court, two restaurants and bars, a gallery, a furniture store of a famous Italian brand, a hair salon, a concept store, and a Cybarco sales office .
• Status: West and East high-rises are already operational, and the North building is being completed Residences is scheduled for spring 2026.

Prices for the remaining properties range from €710,000 to €5.7 million , highlighting the exclusivity of this residential property .

YOO Limassol

YOO Limassol by Property Gallery Developers & Builders is a unique “city within a city” project, created under the creative direction of designer Philippe Starck. Situated in a coastal neighborhood , this iconic , branded residential complex offers a seven-star standard of living.

Project Features:

• The total area of the project is 118,000 sq. m.
• The development comprises 80 beachfront villas and 80 beachfront apartments, each offering exclusive access to the complex’s amenities and the tranquility of a secluded bay along Limassol’s golden coastline . The project offers a wide range of apartments with one to five bedrooms and villas with three to six bedrooms.
• Design: The interiors are designed in the Culture and Nature styles , inspired by the history of Cyprus.
• Service: Water sports, an international standard gym, a health center and spa , a private cinema, a cigar and whiskey bar, children’s entertainment areas, a 400-meter beach, a yacht club, and a fleet of luxury cars and limousines.
• Prices for one-bedroom residential properties of 100 square meters start at €750,000, while villas of 300 square meters are priced from €2.7 million.

Completion of the first phase of the project is scheduled for 2026. It includes the completion of blocks F, G, and E and 15 luxury residential buildings, while the rest of the project is already underway.

The text was prepared based on materials from www.inbusinessnews.reporter.com.cy.com, photo limassolgreens.com