A £190 million project with includes 29 villas, a 600 berth marina and a boatyard has begun construction in Ayia Napa

Located on the South East coast of Cyprus, in the Ayia Napa district, the £190 million mixed-use residential and commercial Ayia Napa Marina will boast 190 luxury apartments in two iconic twisting towers, 29 villas, a 600 berth full-service marina and boatyard, and a collection of retail, waterfront dining and lifestyle amenities.

The development is the brainchild of Cypriot entrepreneur Gerasimos Caramondanis and Egyptian investor Naguib Sawiris. The pair’s aim is to set a new standard for luxurious sea-front marina living.

The project was designed by SmithGroupJJR, a US-based architecture, engineering and planning firm internationally recognised as experts in waterfront design.

The Marina

Ayia Napa Marina rendering

The marina hosts approximately 600 yachts in wet and dry slips. Wet slips can accommodate yachts up to 60 metres in length and up to 80 metres by advance arrangement, while a valet-service dry stack storage facility is available for boats up to 10m in length.

The unique aspect of the marina is the ‘finger style’ berthing for yachts of 30 metres or less while floating docks assure comfortable access in all conditions. The marina basin has depths of 3.5 to 6.5 metres, ideal for superyachts and deep drafts of sailing boats.

Amenities will include comfort stations with showers and WC, internet access, a dedicated crew lounge, a yacht club and beach club. A supermarket, shopping and dining experiences are located just steps away in the Pyare Village.

The adjacent boat yard offers an extensive range of professional marine services such as hauling, launching, and boat maintenance operations.


Apartments and villas

Ayia Napa Marina Lobby interior rendering

Rising high above the marina are two iconic towers, over 100 metres tall, visible from both land and sea.  The towers’ twisting forms are inspired by the caryatids and sculptures found at archaeological sites throughout Cyprus and their facades are articulated with a latticework suggestive of the woodcraft and detail of ship-building.

Both towers have T-shaped plans that twist approximately 1.6 degrees per floor, rotating west to east as they ascend to take full advantage of the breath-taking panoramic views of the Mediterranean, the marina and coastlines stretching in either direction. The highest floors are oriented towards the east, overlooking the beaches.

The two towers have a total of 190 luxury apartments between them, ranging from a mix of one, two, three or four-bedroom residences, to full-floor penthouse apartments at the top two levels of each tower. The penthouse apartments feature 360-degree panoramic views whilst three apartments enjoy 180-degree views.

Twenty-nine luxury villas are located along privately maintained and secured roads on the marina island and the peninsula. Each lot includes significant space for landscaped gardens. Eighteen peninsula marina and Island Villas directly overlook the marina and feature walk-out access to secure docks. Twelve villas will be built on a man-made island inside the marina. 

Naguib Sawiris, Project Partner, said: “We’re not just building a place to live – we’re launching a new era in modern beachfront living. Each luxury residence will feature uninterrupted panoramic views of the Mediterranean paired with comfortable, spacious living space. We will exceed the expectations of our residents and our guests and not only transform the Cyprus skyline, but change the way you think about Cyprus.”

Stavros Caramondanis, Ayia Napa Marina CEO, added: “Cyprus is a safe haven blessed by beautiful nature, year-round sunshine, modern infrastructure, a high standard of living and a genuine culture of warmth and hospitality, strategically located in the eastern Mediterranean at the crossroads of three continents – Europe, Asia and Africa. Its modern legal system, based on English Common Law, is widely recognised as being effective and business-friendly. The modern, competitive and simple business environment coupled with a high quality of life make Cyprus an ideal place for both visitors and investors.”