Cyprus Strong Economy
The economy of Cyprus is services-dominated with the tertiary sector contributing circa 80% to GDP and employing more than 70% of the country’s active population.
The economy’s most important sectors are tourism, financial & insurance activities, and real estate.
Cyprus is also a major international shipping centre with its registry ranking 10th among international merchant fleets and with over 60 ship management companies operating in its territory.
The “Oval”- Office building On sale now!
Cyprus Residential Properties
The Cyprus property market is dominated by the residential sector, with the island’s geography and historical reasons partly dictating the dynamics of the various sub-markets.
The Republic of Cyprus (‘Cyprus’) is an island country in south-eastern Europe. With an area of 9,234m² and a population of circa 1,050,000 persons (in both its southern and northern, occupied part), it is the third largest island in the Mediterranean Sea.
Cyprus has been a member of the European Union since 2004 and a member of the Euro zone since 2008.
It is divided into five administrative districts:
Nicosia, Limassol, Larnaca, Paphos and Famagusta.
-Nicosia, the capital, is dominated by government services and houses the headquarters of most banks and financial institutions.
-Limassol, the main Commercial port, has a high proportion of overseas residents and of companies active in shipping, financial services etc. having a more outward looking focus.
-Larnaca and Paphos house the island’s international airports, with both cities having a sizeable proportion of overseas residents and holiday homes.
-The unoccupied part of Famagusta district has a developed second house market as well.
The tallest residential seafront tower in Europe
Pre-launch sales are now open, with prices starting from €1,855,000 (excluding VAT)
Pre-launch of the new development ONE, the tallest residential seafront tower in Europe and the most groundbreaking development in the history of Cyprus.
At 37 storeys, the monumental height of ONE redefines the ultimate Limassol view – it has the greatest perspective on the city and is an altogether elevating prospect. ONE gives the Limassol skyline a striking new definition, it will not only be the tallest building in Cyprus, but is a landmark of progress.
ONE is a visionary development which is creating a new category of elite living in Cyprus; it demonstrates the potential of architecture and design whilst reinforcing the image of Limassol as a premium destination in which to invest. For exceptional seafront living, for exclusivity, for security of investment, ONE will be the most iconic address not only in Cyprus but the region as a whole.
A collection of the world’s most renowned architects, designers and engineers have been brought together to originate ONE, including Atkins, WKK, BuroHappold and HBA.
ONE comprises 84 ultra-luxurious residences, with two and three bedroom apartments on floors 5 – 30, three and four bedroom duplexes on floors 31 – 34 and a three storey sky-home on floors 35-37. With a maximum of just three apartments per floor, every residence at ONE offers unrivalled sea views.
ONE is a world unto itself offering residents exclusive access to exceptional amenities, facilities and services. Due to its high differentiation, ONE offers an unparalleled investment opportunity ensuring an easy exit strategy and excellent appreciation potential. Pre-launch sales are now open, with prices starting from €1,855,000 (excluding VAT).
Construction has begun!
It is advisable to register/arrange appointments for potential clients at your earliest convenience. Please note that prices are only available during client appointments.
WELCOME TO CYPRUS
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