NEWS

Ritz-Carlton Residences New Luxury

June 19, 2023

Limassol is getting a new iconic high-rise building, with the Ritz-Carlton Residences opening soon.

The 33-storey luxury tower is offering a rare collection of residences and unique penthouses. The high-rise building in the area of Mouttagiaka consists of 182 residences, including 1, 2, and 3-bedroom apartments.

The apartments’ open floor plans and spacious private terraces create the feeling of staying on a private superyacht, with endless panoramic views of the Limassol coastline and the Mediterranean Sea. Exquisite construction and finishes define the high quality of The Ritz-Carlton Residences.

Intensive work

Based on a recent update on the progress of the construction works undertaken by the Marfields Group, the project’s Piazza with luxury boutiques, the furnishing and styling of the entrance lobby, outdoor pools, and landscaped gardens are expected to be completed in July.

The presence of the Novikov Restaurant is considered pivotal, which promises to transform every meal into a unique experience, every meeting with friends into a special occasion, and every celebration into an unforgettable day.

Branded residences

The Marfields Group, which stands out for the design and development of high-rise residential projects with advanced amenities, has created properties in prime locations in Cyprus, bringing new standards to luxury residential developments.

The founder and managing director of Marfields Group is Tal Mashkif, who sees prospects and invests in the development of high-end luxury residential projects, which offer a qualitatively upgraded lifestyle.

In an earlier interview with InBusinessNews, he emphasised that with the Ritz-Carlton Residences, something new is being created in Cyprus, as this project is heralding the start of branded residences on the island, a section of the market that was empty until now.

The agreements signed by Marfields with Marriot International ensure the implementation of standards consistent with the Ritz-Carlton ethos and regulations. Among other things, the management of the project by the Ritz-Carlton international team was ensured, with the minimum duration set at 30 years.

As one of the leading specialists in high-quality real estate, Marfields has in its portfolio successful developments such as Olympic Residence in Limassol and Central Park Residences in Nicosia.

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