An apartment in a clubhouse
in Cyprus is a reliable investment in a developing European region
in Cyprus is a reliable investment in a developing European region
Cyprus, Larnaca
Clubhouse on the island
of European Stability
Completion of construction in December 2024
Joint project VV Development and «Euripides & Associates»
Cost from
An apartment in
a clubhouse in Cyprus
is a reliable investment
in a developing
European region
a clubhouse in Cyprus
is a reliable investment
in a developing
European region
Total capitalization (ROI)
Rental income
Total of 27 apartments
€167 000
The increase in the value of the object
Short-term rental yield (8-9%)
Capital gains in the process of construction and development of the region
Long-term rental yield
/ 6-7% per year
Short-term rental yield
/ 8-10% per year
Total return (ROI) over 5 years
/ 5 years
Profitability forecast
for 5 years
for 5 years
Profitability forecast
From our investment expert
More than $3 billion has been
allocated by the European Union for the development of the region in 2023-2025
allocated by the European Union for the development of the region in 2023-2025
Larnaca
02
Population
Rebooting the region, positioning in the format of a youth resort
and university hub
and university hub
01
Relevance
03
Tourism
The entry of Cyprus into the Schengen area opens up a new flow of tourists and expats
The most popular region for long-term rentals according to the AirBnB service
Obtaining a residence permit of the European Union and Schengen* for buyers in the amount of €300,000
05
Residence permit and Schengen
Full port relocation, blue flag beaches and a 45 km long boardwalk
06
Beaches
04
More than $3 billion
has been allocated
by the European
Union for the
development of the
region in 2023-2025
has been allocated
by the European
Union for the
development of the
region in 2023-2025
universities
The fastest growing university pool in Europe according to British Higles
Rebooting the region, positioning
in the format of a youth resort
and university hub
in the format of a youth resort
and university hub
The entry of Cyprus into the
Schengen area opens up a new
flow of tourists and expats
Schengen area opens up a new
flow of tourists and expats
The most popular region for
long-term rentals according
to the AirBnB service
long-term rentals according
to the AirBnB service
Obtaining a residence permit
of the European Union
and Schengen* for buyers
in the amount of €300,000
of the European Union
and Schengen* for buyers
in the amount of €300,000
Full port relocation, blue
flag beaches and a 45 km
long boardwalk
flag beaches and a 45 km
long boardwalk
The fastest growing
university pool in Europe
according to British Higles
university pool in Europe
according to British Higles
*From 2025
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In the ITHAKA project, we combined the architectural delights of Dubai's new buildings, practical layouts that meet the demands of modern digital life, and at the same time preserved the traditions of the Mediterranean development of real European Cyprus.
In its implementation, this is a truly unique project. Have time to examine the pearl.
In its implementation, this is a truly unique project. Have time to examine the pearl.
"
"
Panikos Evripidis
Chief Architect
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