Upcoming Renovation Projects
4 renovation projects bringing life back to emblematic locations
Germasogeia Village ( Old Hotel )
an exciting business opportunity
The Germasogeia Old Hotel, located in Germasogeia Village, holds a rich history and charm that has captivated visitors for decades. As plans for its transformation emerge, the hotel is poised to undergo a remarkable renovation, transitioning into a modern office or a cutting-edge co-living space.
- Location: Germasogeia Village
- Area: 595 square metres plot area, 475 square metres covered area
- Features: 14 ensuite rooms, common kitche, dining area, yard
SENATE
CITY CENTRE REDEFINED
A truly remarkable project that is set to redefine the concept of luxury offices in the heart of Limassol City. Nestled on Ayiou Andreou Street, Senate boasts a rich historical legacy as a preserved building, radiating a sense of grandeur and timeless elegance. As the architectural gem prepares to undergo a transformative renovation, it promises to emerge as a prestigious haven for discerning businesses.
SENATE BACK
CITY CENTRE REDEFINED
The renovation of ‘’ Senate Back ‘’ presents a unique opportunity to merge the grandeur of the past with the modern demands of the present. With meticulous attention to detail, the building will be meticulously restored, preserving its architectural charm while integrating state-of-art amenities and facilities. The result will be a harmonious blend of timeless elegance and contemporary sophistication, offering a truly exceptional workspace for those seeking the pinnacle of luxury and refinement in Limassol.
- Location: Ayiou Andreou 44, Limassol
- Area: 800 covered metres
- Purpose: Old Renovated building into a luxury office
Business Opportunities
ROOMS TO LET
Mansion Alexa can be used as a rooms-to-let investment opportunity. Standing between a boutique hotel unit and an Air BnB, using this space as rooms to let allows you to diversify your business investment.
OFFICE SPACE
Renting this space out as an office headquarter is a business statement. A grandiose building, renovated to the highest standards, Mansion Alexa will impress your clients and will provide a thriving environment for your employees.
CO-WORKING SPACE/OFFICE HUB
There is a growing trend to rent out space through a common co-working space approach. The commercial/office space available to rent in the city is expensive and the available units at a similar price range do not offer competitive advantages i.e. an average location or a space which needs heavy renovation.
Why set up your headquarters in Cyprus?
A can-do business environment
Cyprus’ wide range of services make starting and running a business an easy task to implement, with low set-up costs and fast filing. The business landscape and economic model of the island offers a variety of industries to engage with: Banking & Financial Services, Investment Funds, Shipping, Tourism, Health & Wellness Tourism, Real Estate, Start-Ups & Innovation, Energy.
Pro-business government and easy access to decision make
Cyprus is a full member of the European Union since 2004, member of the Eurozone since 2008 and part of the European Single Market; enjoying free movement of goods, services and capital. Therefore, companies in Cyprus have full access to European markets plus benefiting from more than 40 EU trade agreements and 64 double tax treaties. The government officials are easily accessible and strongly support investments and international business activity. The island is benefited by excellent telecommunication links and air connectivity through two modern international airports. 76% of the population in Cyprus speaks English. In fact, the Business Language in Cyprus is English, with a wide range of functions to be conducted in English. Many university programs in Cyprus are taught in English and are recognised worldwide. A number of high-standard educational institutions teach entirely in English with many of them having British or American university affiliation.
Highly-skilled workforce
Despite the constant challenges of today’s ever-changing political and economic international environment, Cyprus continues to remain a competitive financial centre with high-skilled and experienced professionals. Cyprus offers visa-free access to European talent and forms itself a hub for accessing the youngest population and workforce in the EU (55% of the workforce has a tertiary degree – UK, USA & Europe). The private education sector is booming with 3 public and 5 private universities of high standard attracting every year students from all over the world. Multilingual workforce can be traced in Cyprus at highly competitive fees.