CYPRUS: Limassol Marina welcomes first residents

 * Nereids ready, 86 mln euros sales so far *

Limassol Marina has welcomed its first residents with the delivery of the 94 luxury apartments and penthouses at Nereids Residences marking the beginning of the project’s first operational year.
“We have delivered on time and we feel very proud to be among the best-selling developments in Europe, having achieved sales in excess of 86 mln euros,” said Takis Palekythritis, General Manager of Limassol Marina Ltd. “We are pleased to have attracted a good balance of high calibre local and international buyers and we are confident of the positive impact this will have on local businesses and the Cyprus economy as a whole.”
Limassol Marina has helped change the face of Limassol town and embarked on a long anticipated transformation of the nearby area, while raising awareness and capturing unprecedented interest on a global scale.
With 90% of the project’s marine works and 50% of the residential development and infrastructure already completed, 2013 will see the continuation of the construction of the Peninsula and Island Villas, with direct access to the beach or their own private berths, with the first yachts expected to arrive in March. The Thetis Residences are due for delivery in June and the commercial area will be ready to open its doors to the public this summer.