The construction work of Cybarco's impressive building, The Oval, in Limassol, is near completion and will soon begin the process of delivering the offices to their owners. The impressive high demand for this landmark project has resulted in the sale of offices in record time.
The total investment, which exceeded € 40 million, has attracted the interest of mainly international companies that wish to have the basis of their activities in Cyprus and specifically in Limassol. The Oval consists of 16 floors of office space, with seamless sea views and flexible interior design, so that it adapts to the requirements of the companies that chose it as their base.
The impressive look of the project, as well as its functionality, is complemented by the luxurious reception areas located on the ground floor, the beautifully landscaped gardens, the cafeteria as well as the services that will be offered. Among other things, services such as property management, 24-hour security and controlled entry will be provided both in the building and in the two basements where the parking spaces are located. It is noted that with an energy efficiency certificate class A, this project is a sustainable development with virtually zero emissions.
Evaluating the developments and prospects of the luxury office market in Cyprus and especially in Limassol, Cybarco announced this project in March 2014.
This has demonstrated that healthy Cypriot companies with growth prospects will continue to attract investment interest and create strategic partnerships for major projects.
It is generally accepted that the benefits of the project, The Oval, also concern other sectors of the economy, as well as the further enhancement of the image of Limassol and of Cyprus as an international business center in general. The project also made a significant contribution to the effort to reduce unemployment, since over the course of its construction more than 250 people from different specialties have worked on this project.
