New era for Cyprus as forthcoming arrival of The Ritz-Carlton Residences, Limassol is officially announced

Marfields Group today announced the signing of a milestone agreement with Marriott International, confirming the highly anticipated arrival of the first branded residences on the island, 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. The Residences now expand their global footprint to Limassol, Cyprus, offering an elevated lifestyle marked by extraordinary service and unparalleled comfort in its most cosmopolitan city.

As the expertise of Marfields Group, specialised in high-rise residential, commercial and mixed-use developments in Cyprus, combines with the exclusive management by the world-renowned Ritz-Carlton brand, exceptional hotel-style living will become a new reality for Cyprus residents in an exclusive 33-floor tower.

“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 Tal Mashkif, Managing Director of Marfields Group. “We are pleased that advanced construction is underway,  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.”

“We are excited to welcome Cyprus onto the global map of The Ritz-Carlton Residences,” said Dana Jacobsohn, Senior Vice President, Mixed-Use Development at Marriott International, Inc. “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.”