New Ultra-Modern Sales Offices, in Ayia Napa

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17 May, 2018

New Ultra-Modern Sales Offices, in Ayia Napa

An impressive inauguration ceremony on Tuesday May 15th marked the official opening of the new ultra-modern Ayia Napa Marina sales offices, in the presence of the Ayia Napa Mayor, Mr Yiannis Karousos and CEO of ΜΜ Makronisos Marina Ltd, Mr. Stavros Caramondanis.


Paying respect to the environment, overlooking the deep blue, and within walking distance from the impressive Ayia Napa Marina construction site, the new sales offices give visitors the chance to look at photos and videos bringing the work to life. Visitors also have the chance to get better acquainted with all information on project specifications, while watching the real time development of the work.


As characteristically expressed by Ayia Napa Mayor, Mr. Karousos: “The Ayia Napa Marina development project is one of the most important investments in Ayia Napa. It is a project that not only upgrades the region and the national tourism product, but also, acts as a focal attraction point and facilitates the development of the local economy.”


CEO of ΜΜ Makronisos Marina Ltd, Mr. Stavros Caramondanis, expressed his satisfaction with the rapid progression of construction works and further noted: “Through a series of successful promotional activities, this important project has already gained an international reputation as a future destination of quality tourism, attracting growing interest from investors and buyers. More than 55% of the project’s East Tower has already been sold, and soon, the Marina is expected to welcome its first boats and first visitors to its premises. ”


The recent inauguration ceremony culminated with the donation of three electronic cars to the Ayia Napa Mayor, as part of wider efforts by the Ayia Napa Marina to promote the protection of the environment.

Progress Update March 2018

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27 March, 2018

Progress Update March 2018

We are glad to provide you with Ayia Napa Marina’s latest progress update report. The team’s schedule has been quite busy since our last report, with significant updates being completed on both corporate and construction levels.

Ayia Napa Marina’s rebranding was completed during March 2018 with the launch of the new website, which was built to reflect the project’s international and sophisticated character. The website is based on simple and easy to use design,allowing for effortless user-friendly navigation,providing visitors a multitude of options when it comes to language and specialized information.

Phase 2 of construction, which refers to all residential and commercial buildings of the project, has commenced on 1st March 2018, with Terna S.A. and the Ayia Napa Marina engineering teams mobilising new staff, equipment and offices in preparation for the increased construction volume.

The rest of the marine and infrastructure works are progressing with in the timeframes set.

Construction work rates are projected to increase with spring’s favourable weather conditions.

The new sales offices at Ayia Napa are due to be opened soon, designed to be yet another beacon of the Ayia Napa Marina experience.

Keep following Ayia Napa Marina on social media for new updates on the project and subscribe to our newsletter via our website, in order to receive exclusive content and news.

Ayia Napa Marina signing of agreement initiating second pha...

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07 March, 2018

Ayia Napa Marina signing of agreement initiating second phase of works

MM Makronisos Marina Ltd announces the signing of an agreement for the second phase of construction works at Ayia Napa Marina with TERNA S.A. and TERNA Overseas Ltd, experts in the execution of public and private large-scale projects requiring complex technical expertise.

The contract was signed on February 2nd 2018 by Stavros Caramondanis, CEO of MM Makronisos Marina Ltd, as well as Thanasis Papadopoulos, Technical Director of TERNA Overseas Ltd, and Manos Vrailas, Executive Member of the Board of Directors of TERNA S.A. The agreement concerns the residential and commercial developments of the project.
Overall, the construction development of the Ayia Napa Marina includes two impressive towers of unparalleled architecture – over 100 meters tall – with 190 apartments and 29 luxurious villas, some of which will be located on an artificial island, coupled with a variety of infrastructure for commercial and recreational use by the wider public.

In the meantime, the first phase of works for the Ayia Napa Marina involving the construction of the port and infrastructure – which began in September 2016 – is continuing as normal within the set timeframe.
Not just a simple real estate development project, the Ayia Napa Marina is an international magnet for the most demanding buyers seeking luxury living and relaxation. The Ayia Napa Marina aspires, upon completion, to upgrade the character of the wider region while acting as a driving force for further developments.

Information about the project
Ideally located between the beaches of Ayia Thekla and Makronisos, the Ayia Napa Marina will offer 190 spacious luxury apartments in two impressive towers, 29 luxury villas, a marina with significant mooring capacity and world class facilities for 600 yachts, a shipyard, and a series of select shops and restaurants offering top class services and amenities for those living in, and visiting, the marina.

About ΜΜ Makronisos Marina Ltd:
MM Makronisos Marina Ltd is a member of the Caramontani Group of Companies, the largest company undertaking H/M works in Cyprus, and the Egyptian entrepreneur and investor, Naguib Sawiris.

About ΤΕΡΝΑ Α.Ε.:
ΤΕΡΝΑ was founded in 1972 and has since been active in the execution of a wide range of public and private large-scale projects requiring specialist expertise, including road and rail networks, ports, buildings, hospitals, museums, industrial installations, hydroelectric projects, dams and more.


Progress Update January 2018

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02 January, 2018

Progress Update January 2018

We are excited to inform you about the recent developments and construction progress of the project.

During December 2017 and January 2018 construction works have been progressing smoothly and in a timely manner,despite the adverse weather conditions.

• The outer section of the South Breakwater has been at 47% completion.

• The overall reclamation works are completed by 81%. The reclamation of the artificial island is scheduled to start later this year.

• The overall dredging of the project has been completed by 97%. Minor finish- ing works remain in the marina basin.

• The block wall in relation to the East Tower and Commercial Area has been 100% completed, setting the foundation for the beginning of construction of those elements. Overall, 20% of the total blockwall around the project has been completed.

• Fabrication and installation of pre-cast units, such as tetrapods, blocks and inverted tables is progressing within schedule.

Ayia Napa Marina wishes to an- nounce that the contract related to the construction works for all residential units of the project (East Tower, West Tower, Villas) and to all remaining works until completion of the project, has been awarded to Terna S.A.

Sales of the East Tower apartments to this point are at 53% of the total units.

As a part of the ongoing promotion of the project, new sales oRces are being constructed in Ayia Napa, adjacent to the construction site. Completion is expected in March.