articles | 11 November 2016

Off-plan Luxury offices 93% sold at The Oval

Just two years after the beginning of construction of The Oval, the tallest commercial building in Cyprus, 93% of all the offices have been sold, with sales reaching €55 million.

The impressive rate of sales achieved at The Oval is another bright example of Cyprus’ successful, financial recovery story that has exceeded international expectations. Cyprus is making a steady progress in re-structuring its economy and regaining investors’ confidence with a return to growth in 2015 and one of the highest growth rates in the EU in 2016.

The 35 luxurious offices of The Oval, located just 100 meters away from Limassol’s seafront and standing sixteen floors high at 75 meters, will be delivered to their owners in May 2017. Construction activities are making rapid progress: concrete works of the building structure are completed along with the metal framing on its curved exterior. Placement of the building’s exterior shell is underway along with work on the interior. Both estimated to be completed by the end of the year.

The building’s impressive exterior will come complete with an exclusive and highly innovative lobby with reception, located on the ground floor, as well as two underground parking levels with over 200 parking spaces.

The Oval will also feature beautifully landscaped gardens, a cafeteria and a gym, elements which are further complemented by a range of services, such as property management, 24-hour security and controlled access to the building from all entrances (on all levels) including both underground parking areas. This landmark project, with a distinctive shape that stands out in every sense, has been designed by the internationally acclaimed architects Atkins in collaboration with WKK and Armeftis & Assosiates.

The Oval is yet another iconic creation of Cybarco, a member of Lanitis Group. Established in 1945, Cybarco has earned its reputation as a leading companyin the construction and development of luxury property, delivering high-quality products, including projects such as Akamas Bay Villas, Sea Gallery Villas and Limassol Marina – the first residential marina project of the island.

For more information on The Oval or to book a private tour of the one-of-a-kind office building and properties of Cybarco, please contact +357 25 820 511 or visit www.cybarco.com

Source: InCyprus

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