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The biggest seafront development in Cyprus and aiming to set a new standard for premier luxury seafront marina living in the Mediterranean and become the first choice destination.

 

Ayia Napa Marina will be the biggest seafront development in Cyprus and it aims to set a new standard for premier luxury seafront marina living in the Mediterranean and become the first choice destination for boaters, residents and guests. Located in Ayia Napa, on the South-East coast of Cyprus and on one of the most beautiful stretches of coastline of the island, Ayia Napa Marina is unique amongst the world’s luxury marinas thanks to its mesmerizing beaches and unspoiled natural beauty.

As per the developers of the project, the construction of the Ayia Napa marina is well under way, and the consortium behind it is not only planning to finish the first phase of the project on time, June 2019, but also to partially deliver the second phase.

According to official reports issued, phase 1, which consists of the infrastructure works including the villas, the berths, yacht services and customs offices, is being almost complete and work phase 2 is well underway. Phase 2 includes the construction of two twisted towers of 30 floors of apartments and the commercial spaces next to the beach, which is scheduled to be completed by October 2021.

The construction site is buzzing with activity all day long with works being completed on several elements of the project simultaneously.

The essential buildings and the commercial area buildings are now clearly visible. In addition, the chandlery, administration and government buildings are proceeding at a quick pace. Roadworks around the project which will be connecting the various elements and buildings that are currently being developed are also progressing fast.

Meanwhile, the geotechnical works are being completed, with just a bit of reclamation left. Precast concrete works are also nearing completion, with most units needed being produced by two dedicated batching plants on site.

The South Breakwater is at full length, with a few precast concrete units left to be installed. The Roadway superstructure is almost finished, laying the supporting foundations for the road on the breakwater.

The construction of the entire project is estimated to cost €250 million and it is expected to be completed by 2021. The project is being carried out by MM Makronisos Marina Ltd, whose shareholders are Gemini Real Estates Ltd owned by the Egyptian investor Naguib Sawiris and the Cyprus-based Caramondani Group.

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