Investing in the Ideal Location
By: Regina Russo
The stunningly attractive Island of Cyprus is world renowned for its natural beauty, great local cuisine, and hospitality. Since investing in property is fairly easy for foreign buyers, global investors are flocking to own new luxury apartments, villas, and berths at Limassol Marina - the first full service marina in Cyprus to welcome and accommodate superyachts.
Designed by a world-renowned team of architects and engineers, the €350 million waterfront development has set the bar for marinas in the Eastern Mediterranean and has been a major boost to the image and economy of Cyprus. It has enticed buyers from the top-end of the property market and changed the face of Limassol town, providing jobs and a new focus for tourism and investments.
Almost 75 per cent of the waterfront development, including the first standalone villa, has already been completed. Completion of the Peninsula Villas, with direct access to the beach or their own private berth, is anticipated this year. Additionally, there are the spectacular Island Villas, which are the height of exclusivity, offering private berths for superyachts attached to their own gardens. Two have already sold for over €15 million each.
Prices for apartments at Limassol Marina range from €370,000 - €1,892,000, and prices for villas range from €1,751,000 - €8,435,000. For more information on the properties or berths contact the Limassol Marina Sales Office, Cyprus on +357 25 820511 or visit www.limassolmarina.com
Excerpt from the original article published in March/April 2014 issue of Private Air Luxury Homes.