Construction of a new unique Castle Residences complex in Limassol has finally been completed.
This was announced on Monday, June 7, by the General Manager at Limassol Marina, Nikiforos Pampakas.
Castle Residences is the only luxury apartment complex on the Mediterranean Sea that is literally "on the sea", as the complex is surrounded by water on all sides, and you can only reach it via a private bridge.
Castle Residences is part of the ambitious Limassol Marina project.
Castle Residences offers a choice of over 60 luxury apartments with two, three, four bedrooms (from 114 to 248 m2). The complex also has duplexes and penthouses with private rooftop pools. All apartments have covered and/or open terraces. The apartments are located within walking distance from luxury boutiques, shops, restaurants and bars, recreation areas and cultural sites.
Castle Residences has many unique advantages! Owners are provided with:
- professional concierge service,
- exclusive, direct access to the sea, as well as swimming pools on the territory of the complex,
- private parking and storage rooms,
- priority right to the berths next to the residential complex,
- round-the-clock security service,
- rental and property management services.
The Limassol Marina project, which includes Castle Residences, was launched in 2010.
The initial budget for its construction was estimated at €300 million.
However, as it was completed, this figure increased to €400 million. Despite the additional costs, the complex has already fully paid off. Developers managed to sell apartments in the marina for a total of about €500 million.
We are truly proud of everything our team has achieved. We did it! As our idea turned from a dream into a reality, our hearts were filled with joy and a sense of deep satisfaction. This groundbreaking project confirms that with vision, hard work and a strategic approach to implementation, even the most challenging goals will become available. I would like to express my sincere gratitude to the project shareholders for their unwavering commitment to the idea, architects, partners, consultants and customers, as well as to all the people who have worked here over the years. Your service, enthusiasm and dedication have ensured the successful completion of our exciting journey! - said the CEO of Limassol Marina Nikiforos Pampakas.
The Limassol Marina project has been instrumental in transforming the face of Limassol over the past ten years and has helped to enhance the island's image globally.
The resort has not only contributed to the improvement of the surrounding area, the development of local businesses and the creation of new jobs, but also made Cyprus one of the leading and popular destinations in the field of nautical yachting. The project has served as a catalyst for many new beginnings in the surrounding area, which has caused an influx of high-level tourists, investors, companies and professionals from various business sectors to the island.
By consistently making a positive impact on the economy of its country, Limassol Marina is demonstrating new achievements, including:
- real estate sales totaling over €500 million,
- property buyers of more than 50 nationalities,
- the arrival of more than 7,000 yachts in the harbor since its opening, including 275 world famous superyachts, the largest of which are 111m and 143m long,
- more than 4,000 visitors to the resort's restaurants and shops every day.
The €400 million Limassol Marina has received international awards such as the Blue Flag and Five Gold Anchor Platinum Marina. The resort, which has already sold over 90% of its 285 unique residential properties, has confidently established itself as one of the most prestigious places not only in Cyprus, but throughout the Mediterranean region. As the only real estate complex to create a lifestyle of “Living by the Sea”, Limassol Marina offers ready-to-move apartments and villas surrounded by water. There are only a few properties left for sale in the marina now, Pampakas continued.
Castle Residences' exclusive apartments offer breathtaking panoramic views of the yacht harbor, Mediterranean Sea and Limassol city. Blessed with inventive architecture and design, Island Villas have their own pools and docks or marinas, which are set along the beautifully landscaped villas' gardens. The elite resort offers a range of high-quality services, great shopping, leisure and cultural activities, a premium spa and gym, sandy beach and beach bar, high-tech marinas, property management and rental services, and a concierge service. Everything that the residents of the resort and the owners of the marinas may need is literally near their doorstep.
More detailed information about the project and a list of all available objects for sale and rent can be found at the link. DOM Real Estate also has the largest number of Cyprus properties, both residential and commercial. Choose and contact professionals who will help you make the right choice!
Photos: DOM LiVE, inbusinessnews.reporter.com.cy