LIMASSOL DEL MAR Property Development By D. Zavos Group

Last Updated on: 2nd November 2024, 05:27 am

Situated along the enchanting south coast of Cyprus, LIMASSOL DEL MAR is a premier beachfront property development that redefines luxury living. Developed by the esteemed D. Zavos Group Limassol, this project artfully merges modern architecture with the breathtaking beauty of the Mediterranean landscape. Comprising two elegantly designed towers that rise 17 and 27 floors, this mixed-use development spans a remarkable area of 40,000 m² and features a well-thought-out mix of residential and commercial spaces. With 168 apartments and 31 units of commercial real estate, LIMASSOL DEL MAR showcases an inspiring living experience that appeals to discerning homeowners and investors alike. The meticulous design focuses on enhancing the surrounding natural beauty, offering stunning sea views that complement the coveted lifestyle this luxury real estate Limassol offers.

Discover more about LIMASSOL DEL MAR¹

With a staggering 85% of the apartments already sold, it’s no surprise that LIMASSOL DEL MAR is making waves in the property market. Its strategic location and the promise of world-class amenities make it an exceptional investment opportunity for those looking to enter the booming real estate market in Cyprus.

Key Takeaways

• LIMASSOL DEL MAR combines luxury living with modern architecture in a prime coastal location.
• Developed by D. Zavos Group, known for its excellence in property development.
• The complex features 168 residential units along with commercial options.
• High demand with 85% of apartments already sold, reflecting the project’s popularity.
• Offers stunning views and a lifestyle centered around Mediterranean beauty.
• The project also includes high-end retail and dining experiences.
• This development is setting new standards in luxury real estate Limassol.

Introduction to LIMASSOL DEL MAR

Limassol, a city renowned for its vibrant energy and modern allure, is positioned perfectly along a stunning 17-kilometer coastline. This Mediterranean metropolis boasts azure waters and blue flag beaches, drawing locals and tourists alike. LIMASSOL DEL MAR claims a prime location in the heart of this bustling city, stretching across 170 meters of sea frontage on a land area of 34,000 sqm. The development offers a variety of luxurious Cyprus waterfront apartments, making it an ideal investment for those seeking beachfront property Limassol².

Location and Overview of Limassol

Limassol’s geographical advantages foster both business and leisure activities, characterized by a cosmopolitan atmosphere that appeals to a diverse population. The city seamlessly integrates ancient history with modern living, making it a vital hub. Residents of LIMASSOL DEL MAR enjoy convenient access to high-end retail, dining, and entertainment options that enhance their quality of life.

Cultural Significance of the City

The cultural significance of Limassol is evident in its architectural diversity, culinary offerings, and dynamic lifestyle. Its longstanding traditions merge with contemporary influences, creating a unique living environment. The appeal of LIMASSOL DEL MAR is further augmented by the city’s rich cultural heritage, attracting investors interested in luxury living environments. As living spaces blend comfort and elegance, the penthouses at LIMASSOL DEL MAR are particularly noteworthy. Many of these residences include features such as marble or tile flooring, high-quality aluminum patio doors, and branded wardrobes, with prices varying significantly based on layout and design. Two-bedroom units start at approximately €1,320,000 plus VAT².

The luxurious offerings, such as private spas and fine dining bistros, further enhance the attractiveness of these waterfront apartments. Moreover, the city’s ever-growing popularity as a luxury living destination underscores the thriving market for upscale real estate in Limassol. The harmonious blend of luxury features with cultural heritage ensures that LIMASSOL DEL MAR stands out in the competitive property market as a premier choice for potential.

Luxury Features of LIMASSOL DEL MAR

LIMASSOL DEL MAR stands out in the luxury property development Cyprus market due to its distinctive architectural design that elegantly complements the coastline. The development spans an impressive area of 34,157m² and offers units that range from one to five bedrooms, with sizes varying from 60 to 275 square meters³⁴. This property embodies modern elegance while ensuring breathtaking views of the Mediterranean Sea from every apartment⁵.

Distinctive Architectural Design

The architectural brilliance of LIMASSOL DEL MAR includes uncompromising attention to detail. Designed with a first-line seafront location in mind, the complex features a stunning façade that integrates seamlessly with its natural surroundings. Residents can enjoy exclusive amenities, such as an Olympic-sized outdoor pool, fitness room, and luxurious gardens, all designed to enhance the living experience³.

Signature Collection by Gianfranco Ferré Home

Collaborating with the esteemed Gianfranco Ferré Home, the development introduces a Signature Collection that sets a new standard for luxury living. This collection comprises lavish apartments and penthouses that feature exceptional interiors and dual-aspect panoramic views of the Limassol coastline⁵. The collection is thoughtfully designed with high-end finishes that resonate with elegant living.

Range of Residences: From Apartments to Penthouses

Offering a diverse range of residences, LIMASSOL DEL MAR caters to varying preferences and lifestyles. The apartment collection Limassol ranges from €1,155,000 to €6,825,000, and rental options vary between €3,500 and €8,500³. Each residence provides not only luxury interiors but also luxurious amenities, including gourmet restaurants, concierge services, and extensive video surveillance systems, ensuring comfort and security for all residents³.

Investment Potential with D. Zavos Group

Investing in real estate is a critical decision, and choosing the right developer can greatly impact the investment potential. D. Zavos Group, established in 1980, has over 43 years of experience, successfully completing more than 160 projects throughout Cyprus, offering exceptional quality with a range of residential and commercial options. Their commitment to excellence positions them as a leader in the field, making the D. Zavos Group investment a noteworthy consideration for those looking to thrive in the Cypriot market.

Why Choose D. Zavos Group for Property Development?

Investing with D. Zavos Group provides numerous advantages. They deliver properties with separate title deeds, ensuring a straightforward ownership process. Their diverse portfolio includes high-end developments, such as the iconic Limassol Del Mar, which features a gross development value of approximately €300 million and a gross saleable area of 40,000 sqm, with around 90% dedicated to residential components⁶. The success of their first joint venture in Limassol resulted in nearly 90% of units sold, showcasing their ability to meet market demand⁶.

Additional Benefits of Investing in Limassol

Limassol stands out for its strategic appeal, often recognized among the best cities globally for quality of life. The city offers a thriving property market, with attractive tax incentives and continuously rising real estate prices. Investors can benefit significantly from the robust local economy. The development projects by D. Zavos Group contribute to this growth, with 95% of sales for apartments in Phase I of Limassol Del Mar already completed⁷. These sales reflect strong confidence in the Limassol real estate success and point towards a bright future for property investments.

Recognition and Project Success Stories

D. Zavos Group has garnered accolades for their architectural excellence and innovative designs. Over the years, they have received recognition for their successful projects, with 117 projects issued with separate title deeds, demonstrating their reliability and commitment to quality⁸. Their extensive land bank in prime locations further underscores their dedication to providing top-tier properties, allowing investors to capitalize on the booming market.

When considering the investment potential Cyprus offers, the success stories of D. Zavos Group stand as compelling testimonials to both their expertise and commitment to excellence in securing favorable outcomes for their clients⁶⁸⁷.

Conclusion

LIMASSOL DEL MAR by D. Zavos Group is not just another property development; it embodies the essence of luxury living in Limassol, beautifully intertwining modern architecture with the coastal charm of Cyprus. This groundbreaking project, conceptualized by renowned architects, aims to elevate the status of the island on the global real estate map through its impressive design and unique features, including expansive views and sustainable practices.

With a significant presales rate of 60% for Phase 1, there is clear evidence of strong investor confidence in the value of this luxury zone. The economic benefits extend beyond individual homeowners; LIMASSOL DEL MAR is set to create hundreds of jobs and contribute millions of euros to the local economy through investments and taxes, highlighting its role as an economic catalyst in Limassol’s growth⁹¹⁰.

As Limassol continues to evolve into a vibrant business and leisure hub, investing in properties like LIMASSOL DEL MAR represents not just a lifestyle choice but a sound financial opportunity. With the backdrop of Italy’s elegance from the Signature Collection designed by Gianfranco Ferré Home, it stands as a compelling choice for discerning buyers who appreciate luxury and fine living¹¹. For more insights into this remarkable development, you can explore the project further here.

Source Links

1. https://dom.com.cy/en/live/digest/the-construction-of-the-luxury-complex-limassol-del-mar-is-coming-to-completion-in-limassol/
2. https://www.bestcyprusproperties.com/en/properties/luxury-property-in-cyprus/limassol-del-mar
3. https://dom.com.cy/en/live/complexes/towers-limassol/del-mar-limassol/
4. https://www.slideshare.net/slideshow/del-mar-exclusive-seafront-living/63708570
5. https://customhomesonline.com.au/limassol-del-mar/
6. https://www.cyprusinvestments.com.cy/leptos-group-del-mar/
7. https://www.cyprusprofile.com/news/limassol-del-mar-reaches-new-heights-with-the-launch-of-the-signature-collection
8. https://dom.com.cy/en/live/developers/zastroyshchiki-limassola/d-zavos-group/
9. https://zavos.com/limassol-del-mar-the-official-launch-presentation/
10. https://www.designtimes.com/articles/3629/20240216/limassol-del-mar-s-architectural-design-blends-commercial-offerings-luxurious.htm
11. https://www.stockwatch.com.cy/en/article/emporika-nea/limassol-del-mar-collaboration-world-renowned-italian-interior-design-company