Marfields Group has signed a milestone agreement with Marriott International, confirming the highly-anticipated arrival of the island’s first branded residences: The Ritz-Carlton Residences, Limassol.
Renowned as one of the world’s top three residential brands, The Ritz-Carlton Residences set the standard for refined experiences in the most vibrant locations around the globe – from New York to Singapore, Puerto Rico to Bangkok.
Now expanding their global footprint to Limassol, The Residences will offer an elevated lifestyle, marked by extraordinary service and unparalleled comfort in the island’s most cosmopolitan city.
This ushers in a new era by which exceptional hotel-style living will become a reality for Cyprus residents, in the form of an exclusive 33-floor tower, to be materialised through the expertise of Marfields Group, specialised in high-rise residential, commercial and mixed-use developments in Cyprus, and exclusively managed by the world-renowned Ritz-Carlton brand.
“We are delighted that Marriott International has entrusted us with such a landmark development that marks the start of an exciting new era in Limassol, and in Cyprus as a whole, as our international construction and design team bring new standards to the luxury market,” said Marfields Group Managing Director Tal Mashkif.
“We are pleased that advanced construction is under way, transforming Limassol’s former Olympic Resort, to ensure residents enjoy an incomparable lifestyle.
“Drawing on our wide expertise in high-end developments, we will truly raise the bar to create something exceptional for Cyprus.”
Echoing Mashkif, Marriott International Mixed-Use Development Senior Vice President Dana Jacobsohn said: “We are excited to welcome Cyprus onto the global map of The Ritz-Carlton Residences.
“The dynamic city of Limassol, a hub of finance and commerce, has become a magnet for a growing global community who value a distinguished way of life, with a laid-back Mediterranean appeal.
“The arrival of The Residences will further elevate this way of life with a prime seafront location.”