AYIA NAPA MARINA-CYPRUS
The project includes the construction of the luxury development in Ayia Napa Marina in Cyprus, with a total budget of € 250 million. The project shall comprise of two phases.
The marine works,infrastructure, essential buildings, dry stack and port facilities compise the 1st Phase while the second one includes a variety of residential, commercial and cultural uses.
The 1st phase of the project is currently under construction and includes the construction of the Marina with a 600 berth, all marine works, infrastructure and building facilities. The project’s budget reaches € 86 million.
The project will be handed over by the summer of 2019.
The 2nd phase includes the construction of two towers, a complex of villas and commercial buildings.
More specifically, the two 27 and 28 floor towers will exceed 115 meters high, totaling 28,000 m2 and 30,000 m2 respectively and will house luxurious apartments. Furthermore, 29 villas shall be constructed totaling a 16,500 m2 area. The commercial buildings, to be located in the heart of the Marina, shall consist of a mix area of Retail, Food and Beverage, Event Center and parking, totaling more than 8,000 m2.
The 2nd phase of the project is expected to be completed within a period of 42 months, upon signing of the partnership agreement