Cyprus at rank 2 of Citizenship choice, says Bloomberg

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25 July, 2018

Cyprus at rank 2 of Citizenship choice, says Bloomberg

According to an article published by Bloomberg, Cyprus is the second destination of choice for people that wish to gain a second Citizenship.

Austria is at the first place, with the investment for Citizenship required being at $23,750,000, whereas Cyprus is only at $2,375,000.

A study from Henley & Partners, indicates that Citizenship Investors are mostly looking for stability in their country of choice.

Cyprus is one of only 10 countries that permit non-citizens to acquire a citizenship outright.

To find out more click here.

A photo tour of Cyprus’ most beautiful destinations

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25 July, 2018

A photo tour of Cyprus’ most beautiful destinations

Cyprus is an island with unparalleled beauty at every turn. Both visitors and residents have the chance to enjoy nature at its best with amazing views, golden sand beaches, mountaintops and vibrant cities.

The island’s size is ideal for a tour that can offer the traveller a diverse collection of images, natural scenery and experiences.

CNN Travel has captured the top destinations of the island and created a photo tour of Cyprus’ most beautiful destinations.

Click here and enjoy the view!

Cyprus M.E.C.I.T. briefed on progress of Ayia Napa Marina

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10 July, 2018

Cyprus M.E.C.I.T. briefed on progress of Ayia Napa Marina

The Cyprus Minister of Energy, Commerce, Industry and Tourism, Yiorgos Lakkotrypis, accompanied by a large delegation of ministry technocrats and Ayia Napa Marina CEO, Stavros Caramondanis, visited the site of the flagship project on Monday July 9, and was briefed on the progress of construction work.

As witnessed by Lakkotrypis during his tour around the grounds, the main jetty is in the final stage of construction, while preparations for the erection of one of the two impressive towers to be built in Phase 2 are already underway. The two towers will feature 190 spacious, luxurious apartments, along with 29 luxury villas, coupled with select shops and restaurants.

During the minister’s informative visit, special emphasis was placed on the cutting-edge technology used in construction and the highly skilled labor that has been drawn upon. As Caramondanis emphasized: “The unique approach, the attention to detail, and highly specialized human resources are the foundations upon which the Ayia Napa Marina is built.” He added that the Ayia Napa Marina is a one-of-a-kind project in the whole of Europe, with pioneering technology used in the construction of the marina and other areas.”

Referring to the ongoing effort to attract foreign investors, Caramondanis noted that the project has already gained international fame, through a series of successful promotion campaigns, with high interest from prospective buyers and investors. He also revealed that 55% of the Eastern Tower has already been sold.

Lakkotrypis expressed his satisfaction with the progress of construction, with emphasis placed on upgrading the island’s tourism product by investing in nautical tourism, with the creation of marinas and berths like the Ayia Napa Marina all along the coastline of Cyprus, aimed at attracting year-round high-quality tourism.

“The infrastructure created will greatly contribute towards desired sustainable economic growth while creating new jobs,” the minister noted. Referring to the Ayia Napa Marina, Lakkotrypis recognized that it stands as a highly significant development in the Famagusta area, regarded among the most ambitious projects in Cyprus to date.

Ayia Napa Marina in Russia

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02 July, 2018

Ayia Napa Marina in Russia

The international campaign promoting and showcasing the Ayia Napa Marina continues with a series of successful events, attracting increased interest from global investors and buyers.

The Ayia Napa Marina project was recently presented at a specially designed exhibition venue in Moscow, attracting the visitors’ interest. At the same time, events took place in Moscow and St. Petersburg, for a select circle of Russian investors, targeting Russian and international markets.

At a press conference held at Mosow’s Baccarat Cristal Room Restaurant, recent marina developments were presented by Stavros Caramondanis, CEO of the Ayia Napa Marina, and Deputy CEO, Haris Koureas. The event was attended by entrepreneurs as well as representatives from the biggest media houses in the country, who were informed about the project; a 250-million-euro investment in Ayia Napa, a unique and well-promoted tourist area in Cyprus.

During the press conference, Mr. Caramondanis emphasized that the distinct approach, the great attention to detail and the specialized human resources drawn up to bring the work to life constitute the basis of the success of the Ayia Napa Marina.

“The Ayia Napa Marina is unique in the whole of Europe, with pioneering technology used both for the construction of the marina and its living spaces, including the towers,” said Mr. Caramondanis.

With regards to the Russian market, Deputy CEO, Mr. Koureas, pointed out: “We have taken the Russian market into account very seriously as we have witnessed increased interest in our project. This is confirmed by specific figures. To date, 33% of Ayia Napa Marina sales are attributed to Russian customers.”

Another event, held in St Petersburg on June 18th, saw the project presented at Flying Dutchman, the famous floating restaurant on the banks of the Neva, attended by head of the Ayia Napa Marina Board of Directors, Mr. Naguib Sawiris, CEO of the company, Mr. Stavros Caramondanis, members of the Diplomatic Mission of Cyprus – headed by Consul General of Cyprus, Mr. Demetris Assos – and select guests from the Russian business world.

At the cocktail party that followed, honorary guests and clients of the Ayia Napa Marina enjoyed Cypriot hospitality and were further informed about the development of the stunning project, combining love for the sea with luxurious living and the ultimate amenities for boats and nautical tourism.