articles | 18 June 2014

Investment Opportunity: Smart EcoCity Neapolis

A mixed-use development and the first Smart EcoCity in the Mediterranean.

Location:

Paphos

Description:

The first Smart EcoCity in the Mediterranean, Neapolis is a unique, mixed-use development integrating a health park, a private university, a themed leisure and commercial park and a large residential lifestyle development within large green areas and only 800m from the beach. Incorporating the latest technological and sustainable solutions, the project creates a unique living experience within a green environment. The gross value of the completed development is €2.8 billion.

Concept:

  • 1,135,000m2 land area of which 780,000m2 buildable and 700,000m2 green and open areas
  • Centrally controlled smart systems and innovative residential design
  • 'City within a city’, capitalising on Paphos’ status as a premier resort destination
  • Apartments and villas in gated communities and assisted living
  • Neapolis Health Park with hospital, rehabilitation and wellness centre
  • Hotel, commercial, leisure and entertainment centre
  • Cultural Centre and Business Park
  • Neapolis University campus with capacity for over 4,000 students

Present state of project:

Town planning master plan permit has been obtained. Private university and hospital are already operating on adjacent Leptos Group land.

For more information about investment projects, contact Invest Cyprus.

Cooperation Partners
  • Logo for Association of Cyprus Banks
  • Logo for Cyprus Shipping Chamber
  • Logo for Ministry of Energy, Commerce, Industry and Tourism
  • Logo for Love Cyprus Deputy Ministry of Tourism
  • Logo for Cyprus Chamber of Commerce and Industry
  • Logo for Cyprus International Businesses Association
  • Logo for CYFA Cyprus
  • Logo for Cyprus Investment Funds Association
  • Logo for Invest Cyprus