A few high-rise buildings are already built, others are waiting for start of construction.
The tallest commercial building in Cyprus is 16-story skyscraper The Oval in Limassol. It is just a few meters from the sea and near the city center. In the coming years to join this object and others, says Cyprus Property News.
So, 137-meter tower The One will become the tallest residential building overlooking the sea in Europe. It will include 37 floors, which will house 84 apartments at the price of € 1,9 million, as well as commercial areas and a restaurant on the ground floor. Completion is scheduled for the fourth quarter of the year 2018.
Another project called Landmark will be a 30-storey building near the Limassol Zoo. Inside will be 233 apartment, fitness center, lounge and business center, as well as commercial premises.
Finally, in 2023, the construction of the complex Lanitis Seafront. It will consist of three separate towers, the tallest of which will consist of 37 floors. In total, the buildings will house apartments 297, 10 000 sqm of office space and the 1 800 sqm commercial premises. Also it is planned to build three pools and 1500 parking spaces.
Other skyscrapers, construction of which will be completed in the coming years, - Limassol Del Mar, Halcyon Hotel and iHome.
By the way, the share of transactions with foreign real estate on the market in Limassol reaches 30%.