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08.10.2024
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9 October 2024

How is work progressing on The Landmark Nicosia project?

One of the biggest projects in Nicosia is making rapid progress.

The Landmark Nicosia, a luxury development, is expected to grace the capital of Cyprus as early as next year.

The developer recently released a unique drone video of the site. It shows that the construction of the two new towers is on schedule.

Как продвигаются работы над грандиозным проектом The Landmark Nicosia?

The flagship project is located at one of the most central points of the Cypriot capital, marking the entrance to the city centre.

Two skyscrapers will be built on the site of the car park of the Landmark Hotel (formerly the Hilton). The site is elevated. As a result, the towers will stand out against the background of other nearby buildings and will be clearly visible from all corners of the city.

The 17-storey residential tower will contain 54 apartments, while the 16-storey commercial tower will house modern offices. Both the residential and commercial towers will have two levels of underground parking. The modern and innovative architectural design of the buildings will reflect the individuality and scale of the project, making it a true landmark in the city.

In parallel with the construction of the high-rise buildings, the hotel's main building is being renovated. The hotel is reconstructing the ground floor and mezzanine, building a new 180m2 swimming pool, two restaurants of 230m2 and 210m2, a 32m2 café and a 150m2 bar.

The renovation project also includes the creation of an underground and surface car park for 419 cars. As part of the work, the walls on the ground floor of the hotel building have already been demolished to allow the necessary changes to be made. The total area of the areas to be demolished is approximately 1,450 m2 and the total area of the areas to be renovated is 1,352 m2.

The total cost of the project is estimated at more than 100 million euros.

It is expected that the skyscrapers will increase the value of the area many times over. It is worth mentioning that the international hotel chain Marriott is participating in the implementation of this grandiose project.

Properties available for sale in The Landmark Nicosia


Source: inbusinessnews.reporter.com.cy
Photos: inbusinessnews.reporter.com.cy

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