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PROJECT EXPERIENCE
Seafront Commercial Development Project
Limassol
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;
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Renovating the main commercial building into a high-end restaurant and beach club;
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Adding 5 beachfront villas adjacent to the building;
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Adding additional villas on the land plot;
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Rehabilitating, dredging and expanding the commercial harbor for recreational use;
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Adding space for events;
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Adding space for weddings;
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Developing an investment and operations budget for the project;
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Develop a revenue forecast and integrated financial model;
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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.