Category Archives: Investment

Limassol Business Center Return on Investment >28%

Category : Economy , Investment , Property

Cyprus Pro Investments promotes a new investment opportunity, a fully renovated business center in a prime location near the new port of Limassol .

This elegant building is a landmark in Limassol as it is the only high rise building in the area, offering office spaces with panoramic sea and mountain views.

As shown in the table bellow the project has an estimated return on investment rate more than 28%, which distinguish it as one of the most profitable investment opportunities in Cyprus.

Limassol Bussiness Centre Return on Investment
         
         
Floor   Cover Veranda   Area
 m²    m²    m²
Basement -2 Floor       1.336,00
Basement -1 Floor       1.265,00
Ground Floor   156,00   677,00
Mezanne Floor       488,00
Mechanical Floor       373,00
10 Typical Office Floorsl       3.720,00
         
Totals   156,00   7.859,00
         
Total Covered Floor Area   8.015,00
         
         
Total Investment cost   €14.400.000,00
         
Sales Amount   €20.102.500,00
         
Profit before Tax   €5.712.500,00
         
Return   28,40%

Project Information
Project Video


Royal Residence

Category : Investment , Property

Royal Residence is a new residential investment opportunity in Limassol.
This luxury housing estate will be located in a quiet location in Ayios Athanasios area offering astonishing views.

Royal Residence


D&B Residence

Category : Investment , Property

D&B Residence is a luxury housing estate in Limassol. It is in a quiet location close to the beach offering privacy and seclusion yet still close to shopping and entertainment venues.

D&B Residence


Amathusia Ice Rink Arena New Video!

Watch the new video of the project on our website! www.CyprusProInvestments.com


The Limassol Business Center

Category : Investment

Cyprus Pro Investments promotes a new investment opportunity, a fully renovated business center in a prime location near the new port.

This elegant building is a landmark in Limassol as it is the only high rise building in the area, offering office spaces with panoramic sea and mountain views.

Project Information
Project Video


Moni Housing Complex – Resitential Opportunity in Limassol

Category : Investment

Blending perfectly into its pastoral surroundings just outside the traditional village itself, Moni Housing Complex comprises 5 luxury villas with astonishing and breath-taking mountain views to offer you country living with a dimension of luxury.

Each of the 3-bedroom villas, ranging in area from 165-220 sqm, is unique in this self-contained oasis, creating ideal living conditions.

The village and valley of Moni, one of the most prestigious suburbs of Limassol, enjoys the best of all worlds: the stunning rural ambience against a hilly backdrop captures both the mild sea breeze and enchanting Mediterranean sunsets.

Peaceful and tranquil as it is, Moni is at the same time only a 5-minute drive from one of the most beautiful beaches of Limassol and the St. Raphael marina, and only a 20 kilometres from the centre of Limassol.

Project Website


Nelia Court – Resitential Opportunity in Limassol

This magnificent building is located in Limassol, at a quiet residential area in Agia Fyla well above the highway, allowing you to enjoy the seaview.

Unique sample of high quality and modern design, this building comprises 6 apartments in three floors, offering the sophistication and comfort of a luxury residence.

Each of the two-bedroom apartments is made up to high construction standards combined with environmental solutions which include water recycling and use of highly insulating materials.

Apartments have been finished with utmost care and are accompanied by a covered parking and storage places at the ground floor, 2 bathrooms one of which is ensuite, and all the amenities which will make residing in Nelia Court a perfect combination of style, safety and tranquility for you and your family.

Project Website


Amathusia ice rink arena on the press

With the name Amathusia, referring to the ancient Limassol which will be close to the area where the ice rink will be located, a unique project is presented on behalf of investors from Russia. It is a sports center to be built in an area of 2500 sq.m. including leisure facilities, such as a restaurant and cafes.

The core of the project will be a huge ice rink, while the building also houses fitness facilities and a ballroom. The project is designed by the architectural firm ECA Architects & Associates in Limassol. Russian investors have shown interest in this development and they are expected to decide on the implementation of the project around the end of February 2017.

The development beyond the uniqueness and striking design also has interesting characteristics as a building, since it follows the pattern of an “inflatable” construction. This means that the construction will be using compressed air which comes through PVC pipes. This means that the air will expand naturally as the temperature rises, reducing the energy needs of the building. In this direction, the building will also make use  of a large scale solar cell installation.

Video of the project

Youtube

Press publications of the project:

All About Limassol

Cyprus Mail

Goal Sports Portal

Palo News

 


EBRD Annual Meeting Cyprus 9-11 May 2017

Category : Economy , Investment

The Cypriot Minister of Finance, Harris Georgiades, and European Bank for Reconstruction and Development (EBRD) Secretary General Enzo Quattrociocche today signed a Memorandum of Understanding for the organisation of the Bank’s 26th Annual Meeting, which will be held in Nicosia from 9 to 11 May 2017.

The theme of the conference is “Targeting Green and Inclusive Growth: Meeting Regional and Global Challenges” and it will provide an opportunity to discuss global challenges as well as the state of the transition process. Cyprus, a founding member of the EBRD in 1991, became a recipient country of investments by the Bank on a temporary basis in 2014.

Speaking at the signing ceremony, Mr Georgiades said the Annual Meeting of the EBRD will be a high level event, “in fact, the first ever such meeting of an international financial institution to take place in Cyprus.”

“For Cyprus, the EBRD’s Annual Meeting is a unique opportunity to present itself as an attractive, safe and stable jurisdiction to an international audience, as a country which has achieved a remarkable economic recovery and which now offers excellent business and investment opportunities across the sectors,” Mr Georgiades pointed out.

He added that “more than anything, it will be an opportunity for us to express our appreciation and gratitude to the EBRD for its significant contribution in the reform and recovery of our economy”, noting that since 2014, and responding immediately to Cyprus’ request, “the EBRD has set up a local office in Cyprus and has invested so far €220 million, including a much-needed equity participation in two banks, a successful trade-finance facility, financing of shipping companies and also financing of five photovoltaic renewable energy projects.”

In addition, the Minister conveyed Cyprus’ gratitude for the EBRD’s readiness to offer support in the case of a comprehensive political settlement in Cyprus  and to assist in the effort for the reconstruction and smooth re-integration of the economy.

Lastly, Mr Georgiades expressed hope that, through its Annual Meeting, the EBRD “will be able to determine its next steps and way forward, in a manner which will enable the Bank to continue playing such a constructive and pivotal role in the direction of supporting economic growth and development. Cyprus, as a founding shareholder and member of the Bank, is particularly keen to see a further broadening of EBRD operations in the eastern Mediterranean region.”

For his part, EBRD Secretary General Mr Quattrociocche said the Annual Meeting “will offer the opportunity to demonstrate to representatives of 67 shareholder countries and up to 2,000 participants from governments, businesses, civil society and media the attractiveness of the island as a place for business, commerce and trade.”

Praising the Cypriot authorities’ hard work and courage in pursuing painful yet necessary economic reforms, Mr Quattrociocche noted that “holding our Annual Meeting will be recognition of the achievements by the government and the people of the island. It will also be a demonstration of the added value the EBRD and its commitment to Cyprus can bring.”

The Annual Meeting, he added, will provide an opportunity to promote the role of Cyprus in the region, “where it is an active participant of intensifying regional cooperation and where it also contributes to regional stability and reconciliation.”

Moreover, conveying a message of encouragement for the ongoing process to find a comprehensive political settlement in Cyprus the EBRD Secretary General said “the reunification of the island is expected to offer a much-needed boost to growth and development as political reconciliation will create attractive opportunities for investors.

He also said the Bank’s presence on the island “is an affirmation of our commitment to Cyprus and our readiness to support efforts to bolster its economic development for the benefit of all communities of the island.”

Source: www.ebrd.com By: Axel Reiserer

Event Website: http://ebrdam2017.mof.gov.cy/


€40m residential project in Limassol

Category : Investment

A 40 million Euro residential construction and development project is planned on the coastline of a prime area in Limassol by Russian businesswoman and philanthropist Yelena Baturinam.

Yelena Baturinam, described as Russia’s richest woman, has announced the launching of a new €40 million construction and development project in Europe according to a report by Adrian Bishop in OPP.Today. In November, a land plot on the coastline in a prime area of Limassol was acquired for constructing high-end residential properties. The next stage of the as yet unnamed development will be holding a tender for the architectural design of the future development. Earlier this year another of Yelena Baturina’s development projects was launched in New York. Her US company acquired 1500 square metres of commercial buildings in central Brooklyn, next to the Barclay’s Centre. The initial investment amounted to US$10 million. The company is considering applying for permission to transfer the land to a category suitable for residential construction so that a large-scale development project can be built. Yelena Baturina moved her business headquarters to Europe in 2011, after selling her main Russian asset, the construction company Inteco. Since that time, she has been involved in various successful commercial endeavours. At present her assets include a network of hotels (Ireland, Austria, the Czech Republic and Russia), a membrane construction enterprise (Germany), a renewable energy project (Greece and Italy), and investments in number of real estate investment funds focused on residential and commercial construction and development in the UK and US.

Read more at: http://www.news.cyprus-property-buyers.com/2016/12/07/residential-project-limassol/id=00151927
Copyright © Cyprus Property News