Seafront Commercial Development Project

Limassol

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On behalf of an asset owner, NavInvest Cyprus implemented a development feasibility study and concept for a seafront land plot and harbor located outside Limassol, Cyprus.

 

The land plot comprised older infrastructure used for commercial fishing operations. NavInvest repositioned this asset for mixed-use development including tourism, leisure and beach club operations.

 

Our services included:

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• Site visit and development planning on the site;

• Renovating the main commercial building into a high-end restaurant and beach club;

• Adding 5 beachfront villas adjacent to the building;

• Adding additional villas on the land plot;

• Rehabilitating, dredging and expanding the commercial harbor for recreational use;

• Adding space for events;

• Adding space for weddings;

• Developing an investment and operations budget for the project;

• Develop a revenue forecast and integrated financial model;

• Risk assessment and risk mitigation.

 

This project is available for investment, and qualifies for the Cyprus Investor Citizenship plan. For further information, please contact us.