articles | 10 June 2021 | Cybarco Development Ltd

We Did It!

Pioneering and award-winning Limassol Marina has been completed.

The first superyacht marina on the island, an undisputed iconic landmark for the city of Limassol, has been completed. The delivery of its final phase apartments at “Castle Residences”, the crown jewel of the Marina, signifies the end of the project’s development and the maturity of a remarkable success story for Cyprus.

Now the beating heart of the city centre, Limassol Marina has played an integral role in changing the face of Limassol over the past decade, while also improving the image of the island on a global scale. Beyond upgrading the surrounding area, boosting local businesses, and creating new jobs, it has firmly positioned Cyprus on the nautical yachting map and acted as the catalyst for new initiatives in the nearby district, ones that are bringing a higher calibre of tourism, investors, companies, and professionals to the island. It continues to have a positive impact on the economy, and celebrates unprecedented achievements, including over €500 million in property sales, 50 nationalities of buyers, more than 7,000 yacht arrivals since its opening – including 275 world-famous superyachts, the largest measuring 111m and 143m – and over 4,000 daily visitors in the dining and shopping area. The ground-breaking project has changed the national landscape for a broad range of sectors and is a leading example of the scope of our capabilities.

General Manager, Nikiforos Pampakas, has been at Limassol Marina from the initial stages of its conceptualisation: “We are so proud of what the whole team has achieved – we did it! Seeing our vision become a reality is heart-warming and hugely gratifying. This pioneering project proves that with vision, hard work and strategic implementation, even the most challenging goals can be achieved. I would like to express my sincere thanks to the project’s shareholders for their unwavering commitment to this project; the architects, partners, consultants, and customers, as well as all the people who have worked here over the years. Their service, passion and dedication have contributed to our success on this incredible journey!”

An overall investment value of €400 million, the Blue Flag and Five Gold Anchor Platinum Marina has set new standards for the high-end real estate market, yachting and entertainment over the years. It has sold more than 90% of its 285 unique residential properties and has long been established as one of the most prestigious addresses in Cyprus and the wider Mediterranean region. It is the only development offering “living on the sea” ready to move in apartments and villas surrounded by water; only a limited number of properties is available for sale. The exclusive apartments at “Castle Residences” are situated on a private island, accessed by a bridge, with breathtaking panoramic views of the Marina, the Mediterranean Sea, and the city of Limassol. The “Island Villas” are characterised by innovative architectural ingenuity and include their own private swimming pool with yacht berth(s) attached to their beautifully landscaped gardens. This privileged residential community enjoys a range of high-quality facilities and amenities, retail, leisure and cultural options, a first-class spa and gym, sandy beach and beach bar, high-tech berthing facilities, property management, rental, and concierge services. Quite literally, everything the residents or berth-holders need is on their doorstep.

For more information about Limassol Marina, or to book your private viewing of the ready to move in properties, please visit www.limassolmarina.com, call +357 25 020 020 or email the Limassol Marina team at info@limassolmarina.com.


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