- An agreement for the sale of 21 apartments to foreign investors is concluded
LA Business Consultancy Ltd is pleased to announce that it has successfully brokered an agreement for the sale of 21 apartments on Limassol’s Dream Tower to investors from Israel. The 27-storey tower is the result of the collaboration of HKCY Hotels Ltd with a well-known Cypriot lawyer.
The agreement, which is one of the biggest investments made in the Cyprus property sector during the last few years, is of paramount importance as it highlights in the best possible way the trust that foreign investors continue to place in Cyprus and its economy despite the internationally adverse economic conditions.
Mr. Christos Neocleous, director of HKCY Hotels Ltd, stated on the conclusion of the agreement: «Dream Tower attracts the attention of major investors for its exquisite design, excellent location and unobstructed sea views. The successful completion of this agreement in the midst of the uncertain climate that currently prevails around the world, confirms once again the resilience of the market in Limassol and the confidence shown by foreign investors in the construction sector in Cyprus and especially in this unique project.»
Dream Tower Residences is ideally located just a few steps from the beautiful blue coast of Limassol on Amathus Avenue. It consists of 91 apartments on 27 floors of one, two and three bedrooms, as well as two four-bedroom maisonettes.
PPA, architects of the project, have established themselves as one of the leading architectural firms in Cyprus and the wider region. Dream Tower was designed so that the building occupies the smallest possible area on the seafront while the rest of the development is a rich series of hard and soft landscaping, creating luxurious spaces for residents, plenty of greenery and unobstructed views.
The development is surrounded by luxury five-star hotels, boutiques, excellent restaurants and cafes while residents can take advantage of everything Limassol has to offer, from the sandy Blue Flag beaches to the vibrant city life.
The owners and tenants will have access to a reception area, a 24-hour concierge and security service, a VIP restaurant, a business center, a conference room and a childcare center. Facilities include indoor and outdoor pool, a playground, terraces with lush gardens, a fountain and a pool in a specially designed area, and facilities such as a spa, sauna, hammam, jacuzzi, massage area, gym and pilates, and tennis courts.
Source: https://www.stockwatch.com.cy/en/article/emporika-nea/multi-million-mega-deal-dream-tower
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