Aqua Park Resort Princess Court Interior
Crown Mansions
Michalis Zavos credits the incentives and tax credits offered by the state to attract investors as the reason for the recent upswing in the property market. According to Zavos, these steps have resulted in the resurgence of the property market and the attraction of both foreign and local investors. "The positive signs have started to appear because we’ve started seeing an increase in the demand to buy and to sell, as well as an increase in prices for the first time," he explains.
Apart from the Del Mar project, which is being constructed with the Leptos Group, the D Zavos Group is planning the development of the multi-storeyed ‘Limassol Corniche’ project on the city’s promenade, close to the Limassol Marina, as well as the multi-storeyed residential project ‘The Address’, also on the promenade and the residential projects ‘Princess Court’ and ‘Crown Mansions’ in the Germsoyia area of Limassol. The development of the last
phase of the ‘Aqua Park Resort’, the ‘Aqua Vacation Club’ - to include an indoor and outdoor swimming pool, a spa, a gym and a cafeteria - is also being planned. The Group is also planning a new innovative project which will be totally ‘green’, being powered exclusively by solar energy. The project will be unveiled in 2017.
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JULY 2016
D. ZAVOS GROUP LAND & BUILDING DEVELOPERS 1, Griva Digenis Avenue, Zavos Kriel Court, 3035 Limassol P. O. Box 53311, 3302 Limassol Tel: +357 25 818555 Fax: +357 25 818550 Email: info@zavos.com Website: www.zavos.com