YOUR LOCAL GUIDE FOR PROPERTY MARKET UPDATES AT HOME WITH ISSN 2672-7765 Issue 1 PUBLISHER Workshop Creative Agency EDITORIAL Editor in Chief | Yianna Charalambous Editors | Yiota Louca, Rachel Chrysostom Copy Editing | Joanna Papadaki ART Art Director | Stavros Anastasiou Senior Designers | Avraam Aristocleous, Alexia Odysseos, Andria Andreou TABLE OF CONTENTS PHOTOGRAPHY Photographers | Art Photography by Ivony (Apostolos Demetriou), Giorgos Charalambous Photo Service | Shutterstock, Unsplash, C21’ NEWS 08 LIMASSOL EVENTS 40 All About Limassol News and Updates of the Company Events, festivals and fairs taking place each year PRINT PRODUCTION Pixart Printing THE LIMASSOL OLD PORT 10 ARMEFTIS & ASSOCIATES ARCHITECTS 42 Then & Now On creating powerful forms with high aesthetics WELCOME THE CYPRUS INVESTMENT PROGRAM 12 OMODOS 44 TO THE The legislation and financial criteria One of Limassol’s most picturesque wine villages FIRST ISSUE OF 118 Ellados Str., 3041 Limassol, Cyprus T.: +357 25 727788 [email protected] AT HOME www.workshopcy.com MEET THE EXPERTS 16 MARKET POTENTIALS 48 WITH CENTURY 21 An introduction to the company Interview with Michael Valdes © 2019 G.C.S. Workshop Ltd. At Home with CENTURY 21 is published twice a year. All rights reserved. THE BEST LISTINGS IN CYPRUS 27 WHY LIMASSOL? 50 Reproduction in whole or in part of any material in this magazine is expressly prohibited. Publisher reserves the right to accept or reject all advertising material. Upcoming projects located in Cyprus Why should someone invest in Limassol The authors’ opinions do not necessarily represent the opinion of the magazine’s management. ISSN 2672-7765 TAKIS FELLAS 38 EXCLUSIVE PROPERTIES 52 On real estate and economy Only in CENTURY 21 portfolio 4 CENTURY 21® Cyprus At Home with CENTURY 21 5 EDITORIAL MARIOS SPYROU Our mission is to define mediocrity and deliver an extraordinary experience, dedicated to changing the Real Estate game and catapulting it into the next century. Our vision is to constantly elevate expectations and deliver 121% to our customers in an increasingly competitive market. This is defined by our commitment to offering the most profitable solutions while at the same time minimizing investment risks. Having successfully opened two offices in Limassol We pride in our team’s exceptional bond and positive our aim is to elevate further with near future plans of energy always serving to the highest of standards. “Our expanding our presence with additional franchise offices agents and staff are the most important step in our sales in Cyprus and Greece. and marketing procedure.” Apart from the professional activities, at CENTURY 21 we offer an extensive, creative training process to everyone WE PRIDE IN which demonstrates the outstanding relationship we strive OUR TEAM’S to cultivate within our team of professionals. This process includes methods of learning, ranging from innovative EXCEPTIONAL sales techniques to non-verbal communication. The BOND AND brand is always adopting new trends and services that POSITIVE ENERGY hold significance to genuinely fulfill the client’s property needs. ALWAYS SERVING TO THE HIGHEST “Limassol is flourishing into a completely new era of OF STANDARDS. real estate experience and I am proud to be part of this impressive journey.” Our success comes through building strong and The city is one of the most beautiful habitats in the resilient relationships with our customers. We believe in world, with the amazing mountain views on one side and individuality therefore listening and immersing with our crystal blue waters on the other. The history, culture and clients’ needs is the key to achieving results that exceed cuisine are enhancing to the ultimate lifestyle experience their wishlist essentials. ensuring valuable investment opportunities. 6 CENTURY 21® Cyprus KINDNESS IS NOT OVERRATED As one of the most recognized real estate brands in the NEWS world you can expect exceptional service and expertise. But this does not stop there. CENTURY 21 is one of the proud AND UPDATES sponsors of the charity organization of ‘One dream, One wish’ where we give back to the community, contributing to societal goals, engaging in the human efforts for kindness and always supporting the less fortunate. This year’s charity event was held at the Olympic Residence in Story by Rachel Chrysostom Limassol, Cyprus. ADOPTING ALTERNATIVE TRAINING METHODS “Keep training and keep learning until you get it right!”. At CENTURY 21, training sessions are extremely important. As a unified culture LOCATION, where hard work is recognized, teamwork is fostered and rewarded and LOCATION, LOCATION! where leadership is continually being developed. Challenges define Our new offices are opening in us, and we are passionate people with a relentless desire to learn and the Old Port area in the heart of innovate, engaging with a range of sales techniques from non-verbal Limassol. We continue to embrace communication skills to object handling, leaded by qualified trainers. strategic positions within the city centre, with a key spot opening in the Old Port, one of the most vibrant squares in Limassol. This extends further into our goal as a brand in terms of always looking to LUXURY PROPERTY SHOW expand our visibility, marking this EXHIBITION, SHANGHAI 2019 ‘hot spot’ as a peak in CENTURY CENTURY 21 is honored to be part of ‘LPS Shanghai 21’s timeline. 2019’, the largest international leading luxury real estate exhibition. This year, LPS will be held in Shanghai, China’s commercial capital welcoming over 200 luxury real estate companies, including CENTURY 21, where unique properties and estates will be presented to luxury home buyers in China. The exhibition will be showcasing properties from all over the world; Canada, UAE, France, Spain, Singapore, Malaysia and Cyprus. At Home with CENTURY 21 9 The Origins spaces, as well as a wide promenade which connects THE LIMASSOL The Old Port of Limassol has been in existence for 65+ the Old Port to the nearby Limassol Marina, creating a years, since the time of British rule in the 1950s, when it linear element across the sea. A pedestrian bridge, which was created to be used as a commercial and passenger unfolds a level higher than the promenade, acts as an port. However, with the construction of the New Port in organizational backbone for the entire space, connecting 1979, and the rapid growth of the maritime industry, its a series of cantilevered buildings that project out over the OLD PORT: usefulness began to diminish, and its role was reduced sea and provide a unique sensation and visual perspective. to that of a small harbor for the likes of fishing and The entire complex was awarded the National Architecture THEN & NOW recreational boats. Award in 2016, for the category ‘Remarkable Architectural Project.’ As years went by, the signs of time became apparent, and the Old Port fell to disrepair, a ruined landscape to which The Old Port Today access by the general public was prohibited. It wasn’t until Today, the Limassol Old Port has established itself as a 2010, when the decision was made to begin with much- central meeting place for both young and old. It is also needed restoration works that the derelict area began to a unique culinary destination, home to a number of evolve, taking on a whole new appearance and creating a fine dining establishments where visitors can indulge meaningful connection between the city and the sea. in a variety of cuisines, from steak and seafood to Mediterranean and international flavors, all accompanied by the breathtaking views of the sea and the little fishing boats which bob along in the harbor. Locals and visitors TODAY, THE alike flock to the Old Port on a daily basis to enjoy a cup of coffee, a delicious meal, or a leisurely stroll against the LIMASSOL OLD backdrop of the deep azure of the Limassol sea. PORT HAS ESTABLISHED A touch of history Despite the dazzling new makeover, there are still elements ITSELF AS A that demonstrate how the Old Port has remained true to its CENTRAL MEETING original, humble fishing roots, and the small fishing boats PLACE FOR BOTH that dot the harbor are a testament to this. Indeed, it is these fishing boats that make up the Old YOUNG AND OLD. Port’s true charm and beauty, as a mid the picturesque yet modern landscape, the fishermen’s boats stand out, adding a quaint, traditional flourish to the area. The boats Restoration Works set out every evening and return to the harbor early in The major renovation and restoration project of the the morning, laden with the catch of the day, ready to be Old Port, which culminated in 2016, brought offices, enjoyed by patrons of the city’s shops and restaurants. restaurants, shops, a large The Limassol Old Port, located adjacent to the Limassol Marina, right in square, a pedestrian area, and a cultural events hall to the the heart of the city center, has, in recent years evolved into what has area, which soon began hosting become known as the jewel of Limassol, beloved by locals and visitors a number of activities year- alike. Despite its modernized appearance, however, the original image round. The redevelopment plans were designed by architect of the Old Port was a far cry from the buzzing, cosmopolitan tourist Chrysanthos Chysanthou, and center it is today. brought a breath of fresh air and renewal to the once-abandoned location. The redesign included the addition of twenty mixed- Story by Rachel Chrysostom use buildings and outdoor 10 CENTURY 21® Cyprus At Home with CENTURY 21 11 THE CYPRUS INVESTMENT PROGRAM The Cypriot government, as part of its efforts and policies aimed at attracting foreign investment to Cyprus, has established a set of legislation and financial criteria that allows non-Cypriot high net worth individuals and investors, as well as their families, to obtain Cypriot citizenship through naturalization.