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Emerland: Israel Shabtai’s large residential developments near the casino

Emerland: Israel Shabtai’s large residential developments near the casino

11.07.2023             

Еmerland Real estate by Gilad Shabtai, dynamically entering the Cypriot market, brings new data in the field of land management.

The All-inclusive Casino Resort city of Dreams Mediterranean, as well as the Zakaki area, which is also adjacent to the resort.

Еmerland Real Estate has presented its vision based on their motto “Timeless Development” by launching “diamond” projects that will embellish Cyprus by standing out for their design and quality.

Topaz Residences

Topaz Residences, the first project presented and immediately available for sale, is a residential complex of 80 apartments in the Zakaki residential area of Limassol, uniquely designed by UDS Architects.

The project stands out for its top technical features and consists of four modern buildings connected by landscaped gardens.

Additional amenities include a private swimming pool, gym and resident parking.

On an area of 4,870 m2, the master plan strategically places four residential buildings around a linear park with a communal swimming pool and dedicated parking.

Radisson Residences Limassol by Еmerland

Еmerland Real Estate partners with Radisson Hotel Group, and they join forces to create a collection of branded residential projects under the Radisson brand Residences Limassol by Еmerland.

This exclusive partnership will take shape on some of the vast tracts of land already owned by Emerland.

A major project will be implemented under an investment agreement by an Israeli company on an area of more than 130,000 sq.m. land in a promising area around the complex casino resort The city of Dreams Mediterranean in Limassol.

Radisson Construction Residences Limassol will be completed in several phases starting in 2026.

The buildings consist of studios, two-bedroom apartments and penthouses. Each modern residence will be designed with Radisson’s signature Scandinavian approach. In addition, the complex will include an outdoor pool and fitness center, as well as a range of luxury restaurants, bars, cafes and more.

The experience of the person who sold Viber shares

Emerland, founded by renowned multinational businessman Gilad Shabtai, is part of the Israeli group Gilad Shabtai group.

Emerland’s competitive advantage lies in the owners’ and managers’ many years of experience in planning large land development and construction projects.

Gilad Shabtai is best known for selling a majority stake in telecommunications company Viber, which was sold in 2014 for $900 million.

Shabtai supports successful business ventures in various sectors such as real estate and technology. He operates in more than 15 countries and at the same time has built strong ties with Cyprus, starting his investments 25 years ago. In particular, speaking about the future plans of Emerland Real Estate regarding the development of its portfolio in Cyprus, Shabtai explained that this project is a strategic part of the company’s long-term vision for further investment throughout the island.

The goal is to offer years of real estate experience, raise development standards and modernize the destination while prioritizing people’s quality of life.

Through his Cyprus-based companies, he is making grand plans for new future investments, deeply believing in the great development potential of the region.

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

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