Construction works at The Oval, the new landmark commercial building by Cybarco, are progressing apace and according to schedule.
The pioneering project, being developed just 100m from the sea and near the Limassol Nautical Club, is taking shape. Excavations and pilings of the building, reaching a depth of 25m, have now been completed. The process of preparing the foundation slab, covering an area in excess of 3,500m² and 4,500m³ of concrete with 560 tons of iron required for its creation, has just been completed. As highlighted by the company’s Technical Manager, Costas Antoniou, “a building is based on its foundations. This part of the process is pivotal to the development of a flawless building in all aspects.”
The Oval, reaching 75m, will be completed by the end of 2016. A trademark building for Limassol, this landmark project will further enhance the image of the city as a business centre. Michalis Hadjipanayiotou, the company’s Chief Executive Officer, expressed his satisfaction in view of the recent activities, both in terms of construction and sales with 25% of the building already sold.
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 creation of Cybarco, Cyprus’ leading luxury property developer. Part of the prestigious Lanitis Group, since 1945, Cybarco has earned its reputation for outstanding quality and customer satisfaction delivered to the highest standards. The company is behind many of the island’s landmark projects including Akamas Bay Villas, Sea Gallery Villas and Limassol Marina, the country’s first residential marina project.
For more information or to arrange a bespoke viewing, call us at 8000 50 30 or visit our website Cybarco.com
Part of the prestigious Lanitis Group, Cybarco has more than 70 years of expertise and is responsible for the development of large and high quality projects both in Cyprus and abroad.
Cybarco is the leading luxury property developer in Cyprus with offices in Cyprus, Moscow and St. Petersburg. The company is responsible for bringing many of the island’s landmark projects to fruition...
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