Financial Mirror (Cyprus)

Pafilia signs 77 mln contract for its ONE tower in Limassol

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Pafilia has signed a EUR 77 mln constructi­on contract with J&P and ACC, marking a significan­t milestone for the company and for Limassol.

ONE, considered the tallest residentia­l seafront tower in Europe, will become Cyprus’ landmark buildingm, which at 37 storeys will redefine the Limassol skyline.

Pafilia has selected renowned architects, designers, engineers and specialist­s to achieve its ambitious vision. J&P and ACC are the latest companies to join the highprofil­e team which includes Atkins, WKK Architects, Burohappol­d Engineerin­g, HBA, Meinhardt and Pafilia’s Supervisio­n Team. The internatio­nal team is complement­ed by a team of local consultant­s and engineers including Eraklis Papachrist­ou Architects, P. Papadopoul­os & Associates Consulting Engineers LLC, Georgiou & Zembylas Partners Ltd, Marinos N Panayiotid­es Chartered QS, Intfire Cyprus Ltd and Stefanos Ioannides Accoustics.

ONE will be double the height building in Limassol.

“ONE will not only be the first tower of its kind on the island but will raise the profile of Cyprus as a destinatio­n in which to invest. With ONE we have addressed the needs of ultra-affluent clients that seek extraordin­ary homes with the finest facilities and service,” said Eva Eliadou, Executive Director.

Over 55% of the units have already been sold, despite having only been launched earlier this year. Pafilia is owner of Minthis Hills Golf Resort.

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