MONDAY, 18 JUN 2018

 

CONNECT

Facebook Linked In Twitter
MTN_07/07-10/04_728x90px
GloriaJeans_266x90px
IMH LTD

Georgiades: European Fiscal Framework Rules Need to be Simplified

Snapbox Holdings: Cyprus Has a Potential of Becoming a Key Investment Destination

IMH LTD
MTN_07/07-10/04_468x60px

REAL ESTATE

brought to you by Deloitte

Limassol Del Mar: Foundation Stone Unveiled

Limassol Del Mar: Foundation Stone Unveiled

On October 6, the foundation stone of Limassol Del Mar, a landmark development in Limassol, was unveiled in the presence of the President of the Republic of Cyprus and other prominent international and local personalities. The event’s schedule began with a blessing from the Bishop of Amathus, Nicholas.

Following the blessing, Michalis D. Zavos, Chief Executive Officer of the D. Zavos Group and Director of the Cypeir Properties Ltd Consortium, referred to the importance of the government’s and all political parties’ contribution to the project, by bolstering and repairing the Cypriot economy , by making accurate and immediate decisions. Zavos did not neglect to thank the guests and the members of the authorities for their attendance and support. In conclusion, he highlighted the importance of joint venture projects for the promotion and expansion of both Limassol and the country, in general.

In turn, Pantelis Leptos, Deputy Chairman of the Leptos Group of Companies and Director of Cypeir Properties Ltd, noted that the whole project is a purely Cypriot private initiative and stressed that the close collaboration of the two groups highlights that a small country is capable of delivering large-scale projects. At the same time, Leptos emphasized that the project increased potential for large investment from overseas , whilst  emphasizing that the sales of Phase I are now almost 100% sold.

The speeches of the event were concluded with the greeting of the President of the Republic of Cyprus, Nicos Anastasiades, who expressed his satisfaction on the fact that the Limassol Del Mar project provides a refreshing addition to the Cypriot economy and at the same time promotes the island abroad while attracting significant investment and quality tourism.

Subsequently, the foundation stone was revealed by the President of the Republic of Cyprus in the presence of  the Messrs. Michalakis Leptos, Dimitrakis Zavos, Pantelis Leptos, Michalis Zavos and Giorgos Leptos, who are the members of the leading team of the Leptos and Zavos Group Consortium.

The event was completed with a spectacular show, which included 4D screenings on a 240m²-screen, which was specially constructed for the evening. The unique atmosphere of the event flawlessly shaped the image of Limassol Del Mar as envisioned by its creator, John Dawes, who combined the sea waves with the peaks of Troodos.

Eleftheria Voskaridou, Marketing Director of Limassol Del Mar, expressed her delight on behalf of the whole group, who have worked hard during these past months to make this event a reality. Special thanks were given to the Cypriot composer Kostas Kakoyiannis, who created the musical arrangement of the presentation, which included originally-composed music specifically dedicated to Limassol Del Mar, as well as to the musician Rodos Panagiotou.

Limassol Del Mar is an internationally-acclaimed mixed use project, located in one of the most coveted coastal areas of Limassol, with unobstructed views of the sea from all apartments. The project consists of luxury residences, 5-star facilities and services as well as luxurious shops and restaurants. Limassol Del Mar is the product of the consortium of the Leptos and D. Zavos groups. 

MORE ON REAL ESTATE

Trilogy Limassol Seafront Welcomes Valued Associates at First Sales Office Event

Cybarco - a member of the Lanitis Group - held an exclusive presentation of its latest ...

Financial Times: Cyprus Developments Offer a Passport to the Sun

The Cyprus property sector, a much-discussed topic among international investors, has ...

Leptos Estates Participates in the 3rd Cyprus Citizenship Summit

Another successful event has been completed these days in Limassol with the participation ...

FROM AROUND GOLDNEWS

   

ECB to End Stimulus Programme in December

The European Central Bank (ECB) has confirmed it will end a huge programme to stimulate the eurozone economy in December. The ECB will stop its bond-buying ...
   

Fear in the Workplace: How Much is it Costing you?

Fear is good: it keeps us alive and safe; and in the workplace, it can spur us on to achieve. But left unchecked, it can significantly impact our abilities, ...
   

Snapbox Holdings: Cyprus Has a Potential of Becoming a Key Investment Destination

Looking at the current investment climate in Cyprus, it is clear that foreign investments constitute one of the most important factors in Cyprus’ ...
   

Georgiades: European Fiscal Framework Rules Need to be Simplified

Finance Minister Harris Georgiades has expressed the view that the rules of the European fiscal framework ought to undergo a reform and become more simplified, ...
   

Three ISO Certifications for VTS Vasiliko Terminal Services

VTS Vasiliko Terminal Services (VTS), a leading marine services provider at Cyprus’ ports and terminals, and member of the Limassol-based RPT Group, has ...
   

Royal Academy of Dramatic Art Trains CFA

Members of CFA Society Cyprus had the opportunity to follow professional presentation, executive presence and story-telling seminars by professional trainers ...
   

Oracle and PwC to Support Finance Transformation for Insurers and Provide IFRS 17 Compliance Expertise

Oracle Financial Services Analytical Applications (OFSAA) and PwC, an Oracle PartnerNetwork (OPN) Platinum and Cloud Elite partner, announced today a global ...
   

Petrolina: Grand Sponsor of Charity Concert by the Association of Friends of Agia Skepi

Cypriot petroleum company PETROLINA was once again the grand sponsor of the annual charity concert organised by the Association of Friends of Agia Skepi in ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Invest Career 19/04-26/08
Geo.Pavlides_20/05-21/06_300x250px

IMH LTD