19 June, 2020

Citrine Estates: Prompt Response to Investors’ Preferences

Citrine Estates, the lifestyle development adjacent to the integrated casino resort ‘City of Dreams Mediterranean’ in Limassol, is now under construction and making good progress according to plan.

What’s new is that some changes have been made to the original master plan, and for a very good reason. Sales to date have revealed that buyers are showing a clear preference for investments in multiple units – rather than the larger single luxury villas. With that in mind, one of the areas earmarked for detached villas was redesigned and has now been allocated to a new series of apartment blocks and maisonettes.

This change, which reflects the developers’ immediate response to market trends is very welcome, as it allows us to better serve our clients. The new properties come as the perfect response to their primary needs, which include:

  • Better value for money
  • Better choice of exit strategies (smaller units are always easier to re-sell)
  • Better holiday rental prospects in this desirable location close to the casino, the mall, the city centre, the coast and Limassol Marina

You can find a complete and current picture of Citrine Estates by clicking here.

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Yiannos Trisokkas

Yiannos Trisokkas is the Director of Casamont Cyprus Ltd overseeing operations in Cyprus and Greece. He has also been the Managing Partner of Henley & Partners Cyprus Ltd since 2013, with Greece’s Golden Visa Program within his ambit. He serves as the Chairman of the Real Estate Committee and Member of the Management Board of Henley & Partners.