A new township is planned to be created by two companies, in the area occupied until a few years ago by the Limassol quarry and the Moni cement factory. Recently the C.C.C. Real Estate Company Ltd of the Galatariotis Group, secured a permit for land separation and construction of an organized mixed development, based on a complete master plan, in a coastal area of ​​1.05 million sq.m.

The project provides for the construction of residential complexes and apartments, a medical and educational centre, a hotel, a research and development centre and facilities for commercial uses. The grand project is located in Urban Zone Ga5 and falls within the boundaries of the communities of Moni and Pyrgos, while its completion is expected to take up to 10 years.

YOO Limassol Resort

A large €50 million project is planned in the same area by Sarels Ltd. The project will consist of seven apartment buildings of 4-9 floors and 83 independent houses with swimming pools. It will include six shops, spa and wellness centre, playground, sports facilities, a small church, green areas, public and private pedestrian streets, public access road to the plot, private roads (internal) and a biological station. The proposed development will also include 320 public and private parking spaces.

The project, according to the study submitted to the Environment Department, will be divided into two parts: the south (with an area of ​​62,268 sq.m.), where the independent houses will be located, and the north (with an area of ​​29,265 sq.m.), with apartment buildings. For each building included in the project, a separate urban planning application has been submitted, so that separate urban planning permits can be issued. Construction work is expected to begin with the issuance of the relevant permits and last for four years.