MONDAY, 15 AUG 2022

 

CONNECT

Facebook Linked In Twitter
IMH LTD

US Invests $280bn In High Tech To Compete With China

Greece Exits Enhanced Surveillance Programme 12 Years After Bailout

IMH LTD

HOTEL, TOURISM & LEISURE

Limassol Marina Official Opening: Boosting the Competitiveness of the Cypriot Economy

Limassol Marina Official Opening: Boosting the Competitiveness of the Cypriot Economy

The official opening of Limassol Marina, perhaps the island’s most ambitious project to date, took place on June 19 with an official ceremony, in the presence of President Nicos Anastasiades.


“Limassol Marina is an incredibly unique development, one that is significantly boosting the competitiveness of the Cypriot economy, further improving its image, creating new job opportunities, upgrading the area of the historic centre of Limassol and offering an incentive for investments in the wider region,” said the Chairman of the Board of Directors of Limassol Marina Ltd, Marios E. Lantitis. 


“Limassol has now obtained a Marina of high standards,” he continued, “which compares very favourably with other marinas abroad, while being a point of reference for the wider Eastern Mediterranean region”.


Regarding the experience acquired during the design and implementation of the project, Lanitis also commented: “Our experience has revealed the necessity for a legislation that will enable the creation of a “one-stop-shop” service, which will manage such investments in an efficient way, avoiding bureaucratic procedures”.


Following Lanitis’ address, President Anastasiades and the shareholders of the project unveiled the inaugural plaque, marking the official opening of Limassol Marina.


Limassol Marina, a milestone project for Cyprus, has already changed the face of the town and has established itself as one of the most attractive and unique projects across Europe. 


Boasting a capacity of 650 berths, able to accommodate yachts between 8 and 115m, Limassol Marina is the first superyacht marina in Cyprus. 
It combines luxury apartments and exclusive villas with private berths or direct access to the beach. 


Sales of the residences are continuing at a “highly satisfactory pace,” according to spokespersons, and have so far exceeded €130 million.


The marina’s exclusive dining area includes restaurants such as Pyxida Fish Tavern, Wagamama, TGI Friday’s, Pizza Hut, KFC, Derlicious, Caffé Nero, Hobo Mediterraneo and Marina Cool Bar. 

 

The launch of the shopping, spa and fitness facilities will also follow, in several phases, over the course of the next month.

 

Having welcomed its first residents and yachts last year, the Limassol Marina is now accessible to both locals and tourists, in addition to its boat and property residents.

MORE ON HOTEL, TOURISM & LEISURE

Cyprus Tourist Enterprises Satisfied With Number Of Visitors So Far This Year

Chairman of the Association of Cyprus Tourist Enterprises (ACTE), Akis Vavlitis expressed ...

Hermes Airports Upgrades The Parking Area Of Pafos Airport

Responding to the expectations and the increasing demands of the traveling public, Hermes ...

Leptos Limassol Park: A Green Haven Combining The Best Of Both Worlds

The city of Limassol has witnessed positive transformation in the last few years with the ...

FROM AROUND GOLDNEWS

   

Epic Invests In Renewable Energy Sources To Battle Climate Change

Epic, as a pioneering company, is investing on green and sustainable development, aiming to the reduction of the company’s ecological footprint and ...
   

New Residence Permits Reach Pre-Pandemic Levels In Cyprus And The EU, According To Eurostat

New residence permits issued in the European Union, as well as in Cyprus, to non-EU citizens in 2021 reached pre-pandemic levels, according to data on first ...
   

US Invests $280bn In High Tech To Compete With China

US President Joe Biden has signed a law committing $280bn (£232bn) to high tech manufacturing and scientific research amid fears the country is losing ...
   

Property Values In Cyprus Continue Upward Trend In Q2 2022

KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for Q2 2022.
   

Greece Exits Enhanced Surveillance Programme 12 Years After Bailout

Greece will be "turning a page in its modern history" as the European Commission confirmed on Wednesday that the country will exit its enhanced ...
   

PASCAL Schools Join Leading Education Group Globeducate

PASCAL Schools have joined Globeducate, one of the world´s leading K12 education providers, with 55+ premium bilingual and international schools, and online ...
   

Eurostat: Young Air Transport Workers Most Affected By Pandemic's Impact On Sector

The decline in passengers in air transport as a result of the COVID-19 pandemic had a pronounced effect on younger workers due to staff reductions by airlines ...
   

Cyprus One Of Few Countries That Implemented Central State Aid And De Minimis Registry

Commissioner for State Aid Control Stella Michaelidou has welcomed the fact that her Office has taken the lead at European level and has been an example for ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

e commerce
internationl_compliance_forum_1/7-13/10

IMH LTD