A modern student accommodation development of c. 3160 sqm, situated in the heart of Limassol city centre next to the Cyprus University of Technology and close to other institutions.

Comprising of 60 spacious studios across 6 floors with ground floor snack/coffee shop and sitting area designed specifically for students and short stay living. On the ground floor, there is also parking and a private gym area for the residents.

The project’s design has been completed and the permitting procedure is ongoing and expected to be completed within June 2024. The construction works are expected to begin by the first quarter of 2025.

The Largest Residential Resort in Cyprus

The Ring is a landmark mixed-use residential community redefining modern living in Cyprus. Located in the tranquil and scenic area of Meneou, just minutes from Larnaca International Airport, this 105,000 m² master-planned development offers a unique blend of exclusivity, security, and lifestyle excellence.

Strategically positioned near the Mediterranean coast and the heart of Larnaca, The Ring is poised to become one of the most prestigious real estate destinations on the island—second only to the Larnaca Port and Marina Redevelopment Project.

Project Highlights

• Total Area: 105,000 m²

• Development Size: 62,000 m²

• Residences: 13 Six-floor buildings with approx. 468 apartments & 37 private villas

• Completion Timeline: 2022 – 2027

• Current Status: Over 100 apartments sold – Now on Special Prices

With Cyprus emerging as a prime destination for real estate investment, The Ring offers a rare opportunity to own high-value property in a stable, low-tax, and fast-growing market.

Distance to Key Landmarks:

• • Larnaca Airport – 8 mins

  • Larnaca City Centre – 16 mins

  • Flamingo Natural Salt Lakes – 2 mins

  • Pervolia Village – 5 mins

Own a luxury residence where others vacation. Whether you’re looking for your dream home, a family getaway, or a high-return investment with year-round rental potential—The Ring delivers on all fronts.

Book a Private Consultation

info@prosperitygrp.com
+357 25 753-050
Alexandrou Business Center 76
Omirou Street, Limassol 3096, Cyprus

Our company in partnership with an international hospitality group has acquired the old E&S mall in Limassol’s city Centre on Anexartisias street, which is the main shopping (commercial/retail) street of Limassol.

The property is located on a plot of land with total surface area of 2.189 m² and currently comprises of a commercial building with 3 floors of retail areas and store rooms with total buildable area of 6.955 m².

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The mixed-use proposed development consists of retail space of about 2000sqm and a boutique hotel that consists of 110 rooms and 8 luxurious serviced apartments (4 penthouses and 4 lofts), as well as, a panoramic rooftop lounge bar and swimming pool overlooking Limassol’s historic city centre. The group, following a successful planning application which was granted within 8 months, constructed and delivered the retail space that is currently fully operated by H&M. The hospitality element of this exciting project is currently under review and a revised planning application has been launched, aiming to extend the permittable development size.