CyprusProfile.com asked Andreas Christodoulides, CEO of Limassol Marina, to describe the current situation with Cyprus’ property sector and what his expectations are for 2017.
“Demand for luxury waterfront homes in prime locations continues to rise, so property sales on the higher end of the market are doing well. We have sold all our completed apartments and more than 65% of our villas at Limassol Marina. We are now preparing to launch our final residential phase. These upcoming apartments, surrounded by water, are one of a kind so we are confident 2017 will be another good year for us”.