WEDNESDAY, 23 MAY 2018

 

CONNECT

Facebook Linked In Twitter
SELK_Event_04/05-24/05_728x90px
GloriaJeans_266x90px
IMH LTD

Stelios Haji-Ioannou Announces the Launch of the 10th Stelios Bi-Communal Awards in Cyprus

Menelaou: Turkey Continues To Violate UN Resolutions in Cyprus

IMH LTD
PWC_11/05-25/05_468x60px

REAL ESTATE

brought to you by Deloitte

The Icon in Limassol Takes Shape

The Icon in Limassol Takes Shape

February marks the beginning of a new era in Limassol, as construction began on the new high-rise development, The Icon, by Limassol’s famous property developer Imperio. The Icon is set to be one of the tallest residential buildings in Cyprus, boasting panoramic views of the city and coastline of Limassol. The project was designed by the established architectural firm UDS Antoniades + Eleftheriou architects.

To make way for The Icon, which is set in the heart of Limassol, in the Germasoyia area, a former historic nightclub, The Triangle Bar, was demolished this month. Once completed, the new tower is expected to house 54 idyllic residences across 21 floors, complete with luxury amenities and around-the-clock services.

The residences will range from one-bedroom apartments to penthouses and full-floor homes, delivered fully finished with inspired interiors and outdoor living spaces designed by Imperio’s award-winning team.

Limassol, the cosmopolitan city on the southern coast of Cyprus, is seeing a surge in high-rise developments to satisfy an ever increasing demand for high-end homes. On a national scale, real estate sales this year have recorded an increase in the region of 25% compared to sales figures for 2016.

Yiannis Misirlis, founder and director at Imperio and vice-chairman of Cyprus’s National Developers’ Association stated: “Cyprus is seeing an increasing interest from investors who are keen to invest in property as a means of securing their family’s future. Given that global interest rates are at an all-time low and a degree of geopolitical uncertainty is widespread, Cyprus is proving to be a safe haven for the world’s sophisticated real estate investors. We expect this demand to continue to rise for the next five to six years.”

The estimated delivery date of The Icon is December 2020. For further information regarding the project, please visit www.limassolicon.com

MORE ON REAL ESTATE

The Real Estate Investment Summit Presents: Cyprus Citizenship and Residency

More than 100 immigration experts from 24 countries are expected to attend the 3rd Cyprus ...

Smart Building Technology for Luxury High-Rise Buildings

IMH is organizing the 12th Real Estate & Construction Conference on Thursday, 17 May ...

SOLD OUT: Leptos Kissonerga Beach Villas

Another Leptos Seafront development has been sold out due to the fact that Paphos has ...

FROM AROUND GOLDNEWS

   

CIBA and CIIM Host ‘Celebrating Women in Business’ Event

The Cyprus International Business Association (CIBA) for the 2nd consequent year collaborated with the Cyprus International Institute of Management (CIIM) to ...
   

Voici La Mode Group leads Topshop/Τopman in Cyprus and Romania

Voici La Mode Group undertakes the dynamic repositioning of the international brand Topshop/Topman in Cyprus and Romania as the new official francisee of the ...
   

Students Visit MTN Facilities to Celebrate World Telecommunications Day

On the occasion of the World Telecommunications and Information Society Day, celebrated every year on May 17th, MTN welcomed at their Latsia premises students ...
   

Limassol Boat Show 2018: Record Attendance Exceeding 25,000 Visitors

The island’s largest boat show, featuring yachts, activities and demonstrations on water, as well as recreational fishing products, was completed with ...
   

TOTAL Applies For a Stake in Block 8 Increasing Its Presence to Cyprus

French energy giant TOTAL applied to the Cyprus government to acquire a stake in block license 8 in the Cypriot Exclusive Economic Zone currently owned by ...
   

High Growth Rates and Surpluses Projected In Cyprus by SFPF

High growth rates exceeding 3% of the GDP and high primary surpluses are projected until the year 2021 in the Strategic Fiscal Policy Framework (SFPF) ...
   

Cyprus, Malta, Greece Want EU Red Tape Cut to Boost Shipping

The shipping ministers of Cyprus, Malta and Greece say they want the European Union to cut red tape holding back growth in the sector, which they say provides ...
   

Menelaou: Turkey Continues To Violate UN Resolutions in Cyprus

Turkey continues to violate UN Security Council resolutions, Deputy Permanent Representative of Cyprus at the UN, Menelaos Menelaou has said, addressing the ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Deloitte_2016_300x250px
GloriaJeans_300x250px

IMH LTD