The construction of high-rises on the island of Aphrodite is a significant development that brings a number of benefits to the island nation and its residents.
In this blog, we will look at the key aspects and benefits of skyscraper construction in Cyprus, including economic development, improved urban infrastructure, environmental considerations and social impact.
The construction of skyscrapers in Limassol, Cyprus' largest port city, has been the world's most popular investment and a burning question in the hearts of old-timers for nearly a decade. Even at the annual Limassol Carnival there are merrymakers who are ready to boldly dress themselves in a skyscraper costume, no matter how strange it may sound. High rises were also actively built between 2015 and 2021 in both the capital Nicosia and coastal Larnaca. In general, for Cyprus, where the traditional way of life prevails to this day, any building above five floors is already presented as a high-rise. In general, people cry and laugh about this topic, but one thing remains unchanged - high-rises have changed the image of the Mediterranean island once and for all. Today we are talking about the real giants and their significance.
Economic development
Real estate market experts claim that the construction of skyscrapers in Cyprus contributes to the economic development of cities. This is due to the fact that unusual real estate (and for Cyprus this is really something new) noticeably attracts international companies and business structures, which leads to the creation of new jobs and an increase in tax revenues to the treasury. In addition, high-rises can become a hub for financial and commercial services, reinforcing the area's economic position as an important business center in the region.
A prime example is the ready-made coastal residential complex Del Mar Limassol, which embodies all the advantages of a secular lifestyle combined with the aesthetics of the Mediterranean.
Properties available for sale in Del Mar Limassol project
Improved urban infrastructure
Skyscrapers also contribute to the improvement of urban infrastructure. They offer the most efficient use of urban space, allowing more office, residential and retail space to be accommodated in a limited area. In turn, this can reduce pressure on urban infrastructure and reduce the need for urban expansion, which significantly reduces transportation and utility costs.
A successful example is the capital's famous 34-storey 360 Nicosia 135 meter high tower, which was completed in 2020. It is not only modern housing, but a modern landmark.
Properties available for sale in the 360 Nicosia project
Environmental considerations
The design and construction of skyscrapers can take into account high environmental standards such as the use of energy efficient technologies and sustainable materials. This reduces the ecological footprint of the buildings and contributes to a more sustainable urban environment. In addition, vertical development reduces land use and can help preserve natural areas around the city.
Perhaps every modern skyscraper can boast of quality technology and materials. One of the most prominent examples is the 24-storey coastal complex Ararat Grand Residences, which is designed in the Art Deco style and will be clad in natural polished travertine.
Properties available for sale in Ararat Grand Residences project
Social Impact
Skyscrapers can have a significant impact on the island nation's social environment. New public spaces such as rooftop parks, public lounges and walking areas can improve the quality of life for residents. Also, such architecture can stimulate the development of cultural and recreational activities, making the city more attractive and interesting for tourists and locals. It would be great to place cinemas, modern galleries and game centers in them.
The futuristic QN Kition residential project under construction in Larnaca, which includes a restaurant, stores, gallery, gym, spa, conference room, children's playground and a large parking lot, comes to mind.
Properties available for sale in QN Kition project
Issues and Challenges
However, building skyscrapers also comes with a number of problems and challenges. Issues related to traffic load, waste management and providing enough parking spaces need to be considered. In addition, it is important to harmonize the new high-rise buildings with the historic character of the city to avoid negative visual impact. It is also worth considering the capabilities of the fire departments in case of an emergency.
Overall, the construction of skyscrapers in Cyprus has the potential to be a significant step in the development of the city, contributing to its economic growth, improved infrastructure, environmental sustainability and social well-being. However, achieving these goals requires a holistic approach that considers both the potential benefits and the possible risks and challenges. In this blog, we have not raised the issue of the state's defunct Golden Passports program out of respect for the truly tall and grandiose architecture that adorns the island of Aphrodite.
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