Construction works on the major Limassol Greens project in Limassol are continuing at an active pace. This was announced by the company’s CEO, Demos Panayiotou, in an official letter submitted to the Cyprus Stock Exchange.
As of the end of 2025, the company has fulfilled its key commitments to investors outlined in the updated development strategy of the resort complex, confirming the project’s stability and strong investment appeal.
Infrastructure and Golf Course Already Completed
During 2025, the main construction works related to the resort’s infrastructure and internal road network were completed. This marked an important milestone, allowing the project to move into full operation of its key facilities.
Special attention in the letter is given to the golf course and the Club House, which officially opened in October 2025. The launch of these facilities was a landmark event for the project, as the golf infrastructure is its central element and one of the main drivers of interest from foreign buyers and tourists.
Residential Property: Construction and Sales Gaining Momentum
By the end of 2025, the company recorded significant progress in the construction and sale of villas and apartments. The first completed properties have already been handed over to owners, confirming the project’s transition from concept to a fully functioning resort.
At the same time, the licensing process for new residential units is ongoing. During 2025, permits were issued for the construction of 126 apartments, and approvals are expected for an additional 50 villas across various categories. This expands the supply in Cyprus’s luxury real estate market and further strengthens the project’s position as one of the most ambitious developments in the lifestyle property segment.
Alongside residential and sports facilities, the company has begun designing the resort’s central plaza. Its concept includes restaurants, a fitness center, wellness facilities, and retail areas. This element is intended to serve as the social and commercial heart of the resort, catering to both residents and visitors.
The completion of the design and implementation of the central plaza is planned for 2026. This phase is expected to significantly enhance the complex’s attractiveness and competitiveness in the international resort real estate market.
Changes to the Original Timeline and the Company’s Position
The letter also explains that the project’s original implementation schedule was revised after the submission of updated architectural and urban planning designs in 2014. These changes were linked to the issuance of a new planning permit and the use of an additional building density coefficient, which made it possible to increase the volume of properties available for sale. Since then, the company has consistently progressed toward the execution of the revised business plan, adapting the project to market conditions and investor requirements.
Transparency and Investor Confidence
The developer emphasizes its continued commitment to providing full, timely, and accurate information to the investment community on all material stages of the project’s development. Against the backdrop of growing interest in resort and golf real estate in Cyprus—particularly from international buyers—this transparency policy plays a key role in strengthening market confidence.