More than 25 percent of The Oval, the new commercial building being developed in Limassol on the island of Cyprus, has been sold to date.
Michalis Hadjipanayiotou, the company’s Chief Executive Officer, expressed his satisfaction in view of the recent interest.
Setting new standards in the business world and designed by world renowned architects Atkins, in collaboration with architects WKK and Armeftis & Partners, The Oval will be the tallest commercial building in Cyprus at 75 metres.
The project consists of 16-floors with uninterrupted sea views. Each floor offers flexible open plan design, making it simple to adjust to the requirements of any business.
The project’s distinctive design is complemented by the luxury reception areas on the ground floor, the landscaped gardens and the cafeteria, as well as the services offered which include property management, 24-hour security and controlled access to both the building’s premises and the two underground parking levels.
With an energy performance certificate of ‘A’ rating, the project is a sustainable development using geothermal energy to minimise carbon emissions.
The Oval is a landmark structure that will further enhance the area’s image as an international business centre. Situated in the heart of Limassol, just 100 metres from the sea and the Limassol Nautical Club, it is scheduled to be completed by the end of 2016.
Foundation work and pilings of the building, the soil drainage and excavations have been completed and concrete works in the basements have also begun.
Andrew Batt, International Group Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email andrew@propertyguru.com.
