The Art of Luxury Issue 52 2022 | Page 66

LIMASSOL IS SHAPING UP TO BECOME EUROPE ’ S NEW RIVIERA

Despite the global pandemic property construction in Limassol has remained strong along the west side of the city that is now being dubbed Europe ’ s new Riviera by developers , Leptos Estates .
Sales at the developer ’ s latest , high end development Limassol Blu Marine , have now totalled € 100M as buyers seek all round sunshine and take advantage of the country ’ s permanent residency programmes .
The luxury development , is one of several taking shape over the past year including bespoke residential and shopping destination , Limassol Del Mar to the east and the new City of Dreams Mediterranean , to the west . At Limassol Blu Marine the foundation of the first tower was laid with 140-men construction crew working day and night in December .
Leptos Group ’ s Limassol Blu Marine will contribute significantly to the Cypriot economy and will be at the heart of Limassol , destined to be world-renowned address , a luxury destination for buyers to live , work , shop and dine . It will create a
THE ART OF LUXURY Issue 52 2022