Τhe massive response of investors to the property that will be located on the highest seaside, residential tower in Europe is considered a particularly positive indicator. The project has already sold around 60%, less than 1 year after the announcement of the development and 2 years before the specified delivery date.
Evangelia Eliadou, Executive Director of Pafilia Property Developers, mentioned in an interview that this response of buyers exceeds all expectations and secures the project’s success. She believes that in general the real estate market is quickly overcoming the banking and financial crisis of 2013. "The measures applied by the government helped to create demand internationally," she added.
An important factor for the positive image in the real estate is considered to be the infrastructure developed, the increase in tourism industry, large investments and initiatives for positive developments in the energy sector. These parameters are evaluated as elements that restore the confidence of investors in Cyprus as headquarters for business.