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Luxury Cypriot marina project ‘to attract international investors’

Luxury Cypriot marina project ‘to attract international investors’

A new £190milion luxury marina development in Cyprus has just been announced, which aims to set a new standard for luxurious sea-front marina living.

Ayia Napa Marina will include two iconic twisting towers, luxury residences, world-class yachting facilities and a 600-berth full-service marina for yachts up to 80metres long.

It features 190 one to four-bedroom apartments, with penthouses on the top two floors, 11 luxury beach villas and 18 peninsula marina and Island villas overlooking the marina with walk-out access to private berths. Prices start from £430,000

The project, on the south-east coast, is due for completion in 2021. It is a partnership between Cypriot entrepreneur Gerasimos Caramondanis and Egyptian investor Naguib Sawiris.

Speaking at a celebration to mark the laying of the first cornerstone, Naguib Sawiris, says, “We’re not just building a place to live – we’re launching a new era in modern beachfront living. Each luxury residence will feature uninterrupted panoramic views of the Mediterranean paired with comfortable, spacious living space. We will exceed the expectations of our residents and our guests and not only transform the Cyprus skyline, but change the way you think about Cyprus.”

Stavros Caramondanis, Ayia Napa Marina Chief Executive Officer, says the project is likely to appeal to lifestyle buyers and international investors. “Cyprus is a safe haven blessed by beautiful nature, year-round sunshine, modern infrastructure, a high standard of living and a genuine culture of warmth and hospitality, strategically located in the eastern Mediterranean at the crossroads of three continents – Europe, Asia, and Africa. Its modern legal system, based on English Common Law, is widely recognized as being effective and business-friendly. The modern, competitive and simple business environment coupled with a high quality of life make Cyprus an ideal place for both visitors and investors.”

The project was designed by SmithGroupJJR, a US-based architecture, engineering, and planning firm internationally recognized as experts in waterfront design.

Over 100 meters tall, towers’ twisting forms are inspired by the caryatids and sculptures found at archaeological sites throughout Cyprus and their facades are articulated with a latticework suggestive of the woodcraft and detail of ship-building.

Both towers have T-shaped plans that twist approximately 1.6 degrees per floor, rotating west to east as they ascend. The highest floors are oriented towards the east, overlooking spectacular beaches.

The penthouse apartments feature 360-degree panoramic views while the three radiused-end apartments enjoy 180-degree views. The apartments are specially shaped to ensure that all living spaces, including bedrooms, are oriented towards the water and beaches.

Exterior walls are predominantly 2.8-metre-high glass, with covered verandas outside all living spaces. Bedrooms have large floor-to-ceiling sliding glass doors while living rooms have full-height folding glass doors that when opened create an extension of the living area out onto the veranda.

Each tower will feature a premium penthouse accommodation with taller ceilings than the rest of the apartments and offer an exterior glass facade approximately 3.5 meters high. As well as an entire private “family wing” of bedrooms including a master suite, the penthouses provide an additional room that can be used as an office, recreation or home entertainment room.

The 29 luxury villas are along privately maintained and secured roads on the marina island and the peninsula. Each lot includes significant space for landscaped gardens. 11 of the villas fan out around a crescent-shaped man-made beach of fine-grained sand; while the other 18 Peninsula Marina and Island Villas directly overlook the marina and feature walk-out access to secure docks.

The villa architecture is a contemporary expression of new and old, combining locally quarried stone around the base, with sleek plaster volumes cantilevered above. Large expanses of glass are optimally placed to promote the breath-taking views around the villas. European façade panels are used to introduce warm but modern contrasting colors.

All villas are designed with a modern, open-plan concept, with primary spaces oriented towards the sea.  Each lot includes a private plunge pool with infinity edge. The upper floor bedroom level also features full-height sliding glass doors that open onto wood-decked covered verandas, allowing in the Mediterranean breeze and views. Lower levels open out into private sunken gardens and courtyards.

The 11 detached three, four and five-bedroom beach villas are on the west end of the peninsula, offering unobstructed views of the Mediterranean Sea. Each has spacious open-plan living areas, finished with the finest materials, fittings, and fixtures.

There will be 12 villas built on a man-made island inside the marina area and six additional villas on the peninsula directly behind the beach villas.

The marina hosts approximately 600 yachts in wet and dry slips. Wet slips can accommodate yachts up to 60metres in length and up to 80metres by advance arrangement, while a dry stack storage facility is available for boats up to 10metres in length. For the dry stack facility, a premium valet service is provided.

The unique aspect of the marina is the fingerstyle berthing for yachts of 30 meters or less while floating docks assure comfortable access in all conditions. The marina basin has depths of 3.5 to 6.5 meters to accommodate the deep drafts of sailing boats and superyachts. The specially engineered wave absorbing breakwater minimizes harbor chop and storm wave agitation assuring safe and comfortable birthing at all times.

Amenities offered include conveniently located comfort stations with showers and WC, internet access, a dedicated crew lounge, a yacht club and beach club. A supermarket, shopping and dining experiences are located just steps away in the Pyare Village.

The adjacent boatyard offers an extensive range of high-level professional marine services such as hauling, launching, and boat maintenance operations.

More information about Ayia Napa Marina, including floor plans, specific amenities and purchasing information can be found at

Pyare Village is the commercial center and hub of the marina. Set in a semi-circular basin reminiscent of an island harbor, it has a scenic waterfront with a pedestrian promenade. Shops, cafés, restaurants, and recreational activities create a bustling harbor-side atmosphere.

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