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Gold News

The construction works for the tallest residential seafront tower in Europe are progressing fast.

19 07 2019

The construction works for the tallest residential tower in Europe are progressing fast and soon ONE, will reach 170 metres, be visible from every point in the city. The highly impressive time-lapse video prepared by Pafilia shows the progress in the project’s implementation.

Construction works for the tower’s basement have been successfully completed, while works for the superstructure have now reached 90%, currently exceeding 140 meters in height. At the same time, coating works for the external shell of the building have started, as well as the internal apartment configuration and the installation of the mechanical and electrical infrastructure.

The methodology applied during the study, design and construction phases is so exemplary that it rightly makes ONE a model for the implementation of any similar projects in Cyprus, while highlighting the leading position of Pafilia in property and high-rise building development on the island.

ONE will feature 37 floors, 83 luxurious apartments, including a three-storey penthouse, offering world-class amenities and services, introducing ¬ a new era of ¬ luxury in Cyprus. ONE is rightly described as an architectural masterpiece, as it has introduced significant mechanical and technological innovations and cutting-edge techniques in the Cypriot market.

01 12 2020

ONE FEATURED IN THE TOP 21 PROJECTS IN THE WORLD, LAUNCHING IN 2021

ONE, has been highlighted in the ‘top 21 projects launching in 2021’ in a report released by The B1M, the world’s leading global video channel for the architecture and construction industry with over 18 million viewers each month. In the report, ONE the tallest residential seafront tower in Europe, ranks highly alongside some of the world’s most prestigious and iconic projects. Pafilia's innovative tower sits comfortably with the vertical forests in Huanggang region, the DJI headquarters with interconnecting towers designed by Foster + Partners in China, with New York City's stunning floating garden, Universal Studio's new theme park resort and with globally recognised landmarks in London, such as the Elizabeth Tower, widely known as Big Ben, which has been restored and modernised. It is worth mentioning, that this report has considered the adverse conditions faced by the construction industry around the world last year, which were not enough to overturn the completion of all these extraordinary and pioneering projects. To see the full video go to the Pafilia Youtube Channel at https://youtu.be/L9odSriWjxs) Executive Director Evangelia Eliadou comments: “This video demonstrates and ranks the world’s most iconic architectural and engineering masterpieces including our flagship Limassol project ONE. It highlights the vast changes we have seen in recent years in the construction sector, bringing new technologies and evolving the skills of the local work force in our country. We are very proud that one of our projects has contributed to these changes and that Cyprus is now recognized as an attractive destination for real estate investors. It is also a great honor to be featured in the international media, especially one that is an expert in the global real estate and construction sector. The construction of such large scale and multifaceted projects involves a dynamic business approach, one which requires the support of the state to encourage international investment to our island”.

06 06 2019

CURRENT PROGRESS OF WORK ON SITE

Based on the current Construction Sequence and having completed slabs at residential level 29 at Zone 1, the Main Contractor is assigning three shifts to complete works associated with concrete structures including tower’s central core, residential slabs and vertical columns.

 •For the core concrete walls the formwork climbing system is in operation and overtakes the construction of the residential slabs by 3 levels. Current works include the concrete cast on Jump 37, being approximately 140 meters above ground level.

•Installation of façade elements including the north façade curtain walling system up to Resi level 10, the south bullnose up to  Resi level 16 to be followed by the GRC panels at the perimeter columns to conclude the building outer skin. Also, installation of aluminium mullions to east / west elevations and sliding / fixed panels of the Vitrocsa minimal system.

•Commencement and continuous parallel activities to the structure works including:

•Installation of drywall system to Resi levels 1-19

•MEP works to residential apartments up to Resi levels 1-16

•Completion of foundation slab at ZONE 2, part1 and part 2. Completion of basement slabs, sections 1-4 reaching Ground Level slab.

•Commencement of works at ZONE 3 including excavation to formation level and installation of temporary bracing system

22 03 2019

Current Progress of Works on site

CURRENT PROGRESS OF WORKS ON SITE

- Residential slabs including Resi Level 20 or Tower’s Level 24, at 92 meters above Ground Level
- Core Structures including jump 27 reaching Resi Level 22-23 or Tower’s Level 26- 27 extending the structure to approximately 105 meters above Ground Level
- Continued concrete works to foundation and basement slabs at ZONES 2&3 which include the residential parking spaces and common facilities
- Continued concrete block works at Tower’s Basement Levels -2 & -3
- Continued works on the façade elements including embedded elements of the north curtain wall system, metal substructures for aluminium glazing system and positioning of GRC (Glass Reinforced Concrete) Elements on perimeter concrete columns
- Installation of dry wall partitioning and MEP services at Residential Levels 1-6

17 01 2019

Current Progress of Works on site

Illustrative images of works currently executed on site including the below activities:

- Completion of slabs from Ground floor up to and including Resi level 14
- Completion of core structures up to jump 22 reaching Resi levels 17-18 at 85 meters above ground level
- Continued of excavation and bracing system for ZONE 2&3 allocated for residential car parking spaces and Podium facilities. Completion of blinding concrete to formation level for ZONE 2 section North-East
- Continued interior works including MEP services and dry wall structures
- Continued Concrete block works at Basement level (-3) & (-2)
- Continued placement of substructure to enable installation of façade elements. Initiation of apartment glazing and north curtain wall system

06 12 2018

Current Progress of Works on site

Illustrative images of works currently executed on site including the below activities:

- Completion of slabs from Ground floor up to and including
  Resi level 10
- Completion of core structures up to jump 17 reaching
  Resi levels 12-13 at 68 meters above ground level
- Continued of excavation and bracing system for ZONE 2&3
  allocated for residential car parking spaces and Podium facilities
- Installation of stationary placing boom for concrete works
  at high levels
- Continued Concrete block works at Basement level (-3) & (-2)

04 12 2018

Flagship developments Minthis and ONE honored once again with two prestigious 5-Star Awards

PRESS RELEASE

Flagship developments Minthis and ONE honored once again with two prestigious 5-Star Awards

Two more prestigious awards are added to Pafilia Property Developer’s collection, with the distinctions won by the luxurious Minthis resort and the flagship development ONE. The two landmark projects that attract worldwide interest and are classified amongst the world's elite real estate properties, were honored with 5-star awards at the European Property Awards 2018-2019 recently held at London’s Royal Lancaster Hotel. The two awards establish once again Pafilia’s leading position in the real estate sector, and raise its international distinctions to a total of 38 awards.

Pafilia’s integrated lifestyle and residential resort Minthis, was declared the “Best Leisure Development in Cyprus”, rewarding Pafilia’s pioneering approach, as well as the innovative architectural design and the superb quality of the project.

Minthis lies on a tranquil hilltop among five million square metres of breathtakingly beautiful protected Cypriot landscape, offering tranquility with unparalleled mountain and sea views. With exceptional facilities, including award-winning luxury residences, villas and suites, a golf course, an exquisite clubhouse, fine dining, and nature pathways, the resort redefines holistic living. 2020 marks the completion of the second stage of the project’s infrastructure and facilities, which include the polymorphic Plateia – a village square, where one can enjoy restaurants, bars, shops and galleries. Minthis will also attain a ground-breaking 2000 square meter wellness spa, which is anticipated to be a relaxation and tranquility oasis.

Pafilia’ s flagship development ONE was honored once again as the ‘Best Residential High-Rise Development’, which validates the unique value and superior quality of this innovative project.

Located on Limassol’s most popular coastal avenue, ONE will be the tallest residential seafront tower in Europe. At 170m, the distinctive development will reformulate and heighten Limassol’s skyline, and be visible from anywhere in the city. Pafilia’s flagship project ONE will be an exemplar of cutting-edge architecture and will represent the progress and revolution of residential developments.

The European Property Awards is the International Property Awards’ regional event, rewarding excellence and celebrating the highest levels of achievement by companies of the property and real estate industry across Europe.

30 03 2018

Valuable insights for the real estate sector from the construction of ONE, the tallest residential seafront tower in Europe

Pafilia Property Developers and its consultants shared the technical experience from the process of designing and constructing its flagship project, ONE, in a presentation organised for real estate professionals, representatives of ΕΤΕΚ, Cyprus Architects Association and CYACE as well as government stakeholders. At 37 storeys, ONE will be double the height of any other building in Limassol and an architectural masterpiece, with positive influence on the contemporary architectural design and the real estate sector in Cyprus.

During the presentation, the company and its partners -a team of renowned architects, designers, engineers and specialists- demonstrated the engineering challenges they faced in the construction cycle of the project and how they addressed them.

The presentations were followed by an on-site visit, where the participants were informed about the progress of the construction works, which started approximately 14 months ago.

Under Pafilia’s coordination, architect teams from Atkins, WKK Architects and Eraclis Papachristou Architects, engineers from Burohappold Engineering, Meinhardt, P. Papadopoulos & Associates Consulting Engineers LLC and Georgiou & Zembylas Partners Ltd and other specialists like HBA Interiors, Marinos N Panayiotides Chartered QS, Intfire Cyprus Ltd, Seamlexity, Archtube and Stefanos Ioannides Acoustics have worked together as a team.

Mr. Eraclis Papachristou, speaking on behalf of the Architect’s team, said: “It is only reasonable to assume that the construction of the tallest building in Cyprus would involve a multitude of Architectural Design challenges on all levels. At the initial stage of design of ONE, issues such as the urban context of the building, the architectural definition of the façade, the geometrical complexity and the selection of resilient, long lasting materials as well as the appropriate bioclimatic design approach were all given high priority. Of equal importance issues such as Fire Safety and Acoustic performance both in terms of interiors and in relation to the environment have been successfully addressed. The pursuit of functionality touches on all design issues in their collective totality”.

Speaking on the progress of the construction works, on behalf of the supervising Civil Engineers, Mr. Panicos Papadopoulos mentioned: “The construction of ΟΝΕ is entering a new phase with the construction of piles, the dewatering works and excavation of basements, the construction of perimeter retaining walls, the construction of piled raft foundation and waterproofing membrane and the construction of basements having been completed successfully. At the next stage, construction of the tower's superstructure is expected to begin (utilizing a jump-form system), as well as other building and electromechanical works.”

Pafilia’s Executive Director, Evangelia Elidadou stated: “ONE is a unique development which brings to life our vision to create an innovative building of design excellence that will redefine luxury living in Cyprus and set a new benchmark in terms of quality, architecture and innovation. With the construction works progressing, we thought it would be useful to share with the professionals of the sector our experience in expertly handling the challenges of undertaking such a grand project. This way, we would like to contribute to the growth of the sector in developing new innovative projects, enhancing Cyprus’ image as a destination for foreign investment.”

Pafilia is a true pioneer in the Cyprus real estate sector and -with ONE- it has introduced innovative approaches in project development playing an instrumental role in the introduction of iconic high-rise buildings to the island. It has also been the first company to collaborate with world-renowned firms of the industry, and, being behind two of Cyprus’ most prestigious and largest real estate projects, namely Minthis and ONE, it has successfully positioned itself as one of the leading luxury developers in Cyprus and the Mediterranean region. Its bold approach, outstanding innovation and highly effective commercial strategies have placed the company at the forefront of the industry.

06 11 2017

Minthis Hills honoured with two prestigious 5-Star European Property Awards

Minthis Hills, the acclaimed luxury resort by Pafilia Property Developers in Pafos, was recently bestowed with a world-renowned mark of excellence, receiving two 5-star awards at the highly prestigious European Property Awards held on October 26th at London’s Lancaster Hotel.

Honoured in two categories, Pafilia’s unique and innovative project was proclaimed ‘Best Leisure Development’ in Cyprus and ‘Best Property Single Unit’ in Cyprus for one of its residences, Petra Villa 9.

The 2017-2018 European Property Awards is the International Property Awards’ regional event, which rewards excellence and celebrates the highest levels of achievement by companies operating in all sectors of the property and real estate industry across Europe.

Michelle Taliotou, Marketing Manager of Pafilia Property Developers, stated: “The two 5-star awards received by Minthis Hills honour Pafilia’s pioneering approach, as well as the quality cutting-edge architecture and design of the project. Most importantly, they recognize Minthis Hills as the best premium development in Cyprus.”

Minthis Hills is situated on a protected Natura 2000 site, which spans five million square metres, with a mere 5% building density, offering tranquillity with unparalleled mountain and sea views. The resort boasts exceptional facilities including an 18-hole championship golf course, which encircles a twelfth-century monastery, nature trails, sporting facilities and an exquisite clubhouse and restaurant, open to the public. Pafilia recently announced the progression of the final stage of development which involves the construction of the Mediterranean’s most unique wellness spa and a village square, featuring a selection of restaurants, cafes, galleries and shops. 

In collaboration with WATG - an acclaimed master planning consultancy - and the world-renowned architecture firm, Woods Bagot, Pafilia has succeeded in creating a retreat that integrates modern lifestyle with local culture, enhancing the striking natural beauty of the region to firmly establish Minthis Hills as the optimum luxury lifestyle resort destination.

“The development, alongside ONE - which was awarded at last year’s European Property Awards in the category of the ‘Best Residential High-Rise Development’ - are the two flagship projects of our diverse and innovative portfolio with its array of property types and styles,” adds Taliotou. “They are both an exemplar of superior living and built to the highest possible standards.”

23 10 2017

Vista Limassol: Pafilia’s stunning new development fusing modern elegance & contemporary Mediterranean design

Pafilia Property Developers proudly announces the launch of its new luxury project, Vista Limassol, an enchanting community development of stylish townhouses overlooking the scenic Mediterranean coastline in Cyprus’ most cosmopolitan and vibrant city.

Located in a prime hillside location in the quiet residential neighbourhood of Agios Tychon - just minutes away from the city centre - Vista adds to Pafilia’s impressive growing portfolio of highly desirable properties at the forefront of cutting edge architecture and design, offering a unique investment opportunity in one of the most desirable and strategic locations in the Mediterranean.

Drawing on over 40 years’ experience in luxury resorts and developments, Vista further boosts Pafilia’s strategic development in Limassol, gaining momentum from the record breaking sales of the company’s iconic ONE tower - the tallest seafront residential tower in the Mediterranean – as well as Pafilia’s sold out Park Residences and Emerald projects.

Pafilia’s Sales Director Simos Simillidis, stated: “In line with Pafilia’s many new and upcoming pioneering projects set to transform Limassol’s cityscape, Vista raises the bar for innovative contemporary property development in the vibrant seaside town, catering to discerning clients seeking homes specifically designed for highly sophisticated yet comfortable modern living. Encouraged by the increasing demand for stylish properties in the area, our new development offers a key investment opportunity and a place to call home in a thriving business hub renowned for its high quality of life.”

The contemporary homes designed by one of Cyprus’ leading architects, Nicholas Meletiou, feature open plan layouts and airy interiors, boasting the highest quality materials and fixtures. In close proximity to the Limassol seafront promenade, beautiful beaches, and the St Raphael Marina, the Vista development comprises twenty 2-bedroom townhouses, each with a private roof garden, positioned around a large residents’ pool and sun terrace.

10 08 2017

Pafilia presents the Domus Contemporary Living Project

Pafilia Property Developers, renowned for its dedication to excellence and its highly desirable luxury properties adds another contemporary development to its extensive portfolio, Domus in Pafos. Pafilia has collaborated with the acclaimed local architectural firm LK Architects, to create this stylish residential development, which enjoys an enviable location in the picturesque village of Tala, on the outskirts of Pafos.

Construction of the project is well underway; 50% of the works are complete with an expected delivery date of December 2018. Domus is comprised of 59 properties, including 1 and 2 bedroom apartments with large verandas and 3 and 4 bedroom penthouse suites. Additionally, the development offers 10 beautiful 2-bedroom townhouses.

The spacious modern residences are aligned with Pafilia’s long-standing reputation for delivering highly desirable luxury properties built to the best possible standards.

Domus blends contemporary architecture with traditional Mediterranean features characterised by domed roofs, terracotta tiles and stone. Through innovative use of the gentle gradient of the plot, the architect has ensured that each property enjoys optimal views of the sea and surrounding countryside.

Situated in Tala, a traditional Cypriot village and a sought-after residential suburb of Pafos, known for its cool breezes and spectacular views, Domus offers residents an ideal Mediterranean home.

Simos Simillides, Sales & Marketing Director of Pafilia, stated: “Domus is a great addition to our portfolio; it offers contemporary affordable homes in a beautiful setting with fantastic views and expansive relaxation facilities. The design recognises the emotional and practical priorities of prospective buyers; it provides buyers with a balanced, relaxed lifestyle product. Most importantly, it allows the further expansion of our wide portfolio of impressive property developments that cater to each client’s unique demands.”

For further information about Domus, please visit Pafilia’s website at: www.pafilia.com

27 06 2017

Pafilia supports the Beach Water Polo Tour 2017

As part of its Corporate Social Responsibility programme, Pafilia Property Developers was the Gold Sponsor of the Beach Water Polo Tour 2017 that took place in the Old Port of Limassol on the weekend 4th to 6th of August.

This is the eighth instalment of the Tour, which involves events in Greece, Italy and Croatia as well as Cyprus, which was featured in the tournament’s calendar for the second consecutive year. The tournament returned to Limassol following its tremendous success of last year’s event which attracted 16 teams with a total of 100 water polo players from Cyprus and abroad, offering a thrilling spectacle to sports lovers and other spectators.

The event ended with Pafilia Property Developers team winning the first prize and a ticket to play in the finals of the tour that will take place in Zadar Croatia at the end of August.

Demetris Ashiotis, Executive Director of Pafilia, said: “Pafilia would like to congratulate the winners as well as all participants in this exciting international event. They offered an exhilarating experience that we are certain all spectators greatly enjoyed. Special praise should go to the organizers for coordinating this excellent event. It was truly a great pleasure for us to be involved and we most certainly would welcome and support similar initiatives that engage the community, attract visitors and promote sports.”

30 11 2016

Pafilia signs €77M construction contract for its tower development ONE in Limassol

Pafilia signed a €77M construction contract with J&P and ACC today, marking a significant milestone for the company, city of Limassol and island as a whole. The event took place at their impressive new office on the Limassol seafront and was followed by a drinks reception to celebrate this important step in the realisation of one of the most ground-breaking developments in the history of Cyprus.

ONE, the tallest residential seafront tower in Europe, will undoubtedly become Cyprus’ landmark building. At 37 storeys, the monumental height of ONE will redefine the Limassol skyline, it will be a beacon of progress visible from anywhere in the city.

Pafilia has selected the world’s most renowned architects, designers, engineers and specialists to achieve its ambitious vision. J&P and ACC are the latest companies to join the high-profile team which includes Atkins, WKK Architects, Burohappold Engineering, HBA, Meinhardt and Pafilia’s Supervision Team, all of whom are leaders in their respective fields. 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.

Pafilia is a true pioneer in the Cyprus real estate sector. With ONE, it has played an instrumental role in introducing iconic high-rise buildings to the island.

ONE will be double the height of any current building in the city of Limassol, it will be an architectural masterpiece that will set the benchmark for luxury development in Cyprus. In recent years, Pafilia has also significantly influenced contemporary architectural design, having been the first company to collaborate with world-renowned firms.

"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." - commented Eva Eliadou, Executive Director.

The strategy has proven highly successful, over 55% of the units have already been sold, despite having only been launched earlier this year. Pafilia, the company behind two of Cyprus’ most prestigious and largest real estate projects, namely Minthis Hills Golf Resort and ONE, has successfully positioned itself as one of the leading luxury developers in Cyprus and the Mediterranean region. Its bold approach, outstanding innovation and highly effective commercial strategies has placed the company at the forefront of the industry.

                                                                                                                             

15 11 2016

New Pafilia property sales offices in Limassol

A masterpiece of contemporary design on the seafront

Pafilia Property Developers are extending their reach with new property sales offices in Limassol that best reflects the company’s cutting edge design aesthetics. The eye catching contemporary building is situated on 28th of October Avenue, near the ONE construction site; Pafilia’s most ambitious project to date and the tallest residential seafront tower in Europe. With breathtaking views of the Mediterranean Sea, the new office is an impressive space that houses a team of highly qualified property experts while showcasing Pafilia’s rich and diverse portfolio of luxury developments. With high quality fixtures and finishes, the new building perfectly showcases the equally fine interiors that characterize the luxury apartments of ONE.

Gold News

Valuable insights for the real estate sector from the construction of ONE, the tallest residential seafront tower in Europe

30 03 2018

Pafilia Property Developers and its consultants shared the technical experience from the process of designing and constructing its flagship project, ONE, in a presentation organised for real estate professionals, representatives of ΕΤΕΚ, Cyprus Architects Association and CYACE as well as government stakeholders. At 37 storeys, ONE will be double the height of any other building in Limassol and an architectural masterpiece, with positive influence on the contemporary architectural design and the real estate sector in Cyprus.

During the presentation, the company and its partners -a team of renowned architects, designers, engineers and specialists- demonstrated the engineering challenges they faced in the construction cycle of the project and how they addressed them.

The presentations were followed by an on-site visit, where the participants were informed about the progress of the construction works, which started approximately 14 months ago.

Under Pafilia’s coordination, architect teams from Atkins, WKK Architects and Eraclis Papachristou Architects, engineers from Burohappold Engineering, Meinhardt, P. Papadopoulos & Associates Consulting Engineers LLC and Georgiou & Zembylas Partners Ltd and other specialists like HBA Interiors, Marinos N Panayiotides Chartered QS, Intfire Cyprus Ltd, Seamlexity, Archtube and Stefanos Ioannides Acoustics have worked together as a team.

Pafilia’s Executive Director, Evangelia Elidadou stated: “ONE is a unique development which brings to life our vision to create an innovative building of design excellence that will redefine luxury living in Cyprus and set a new benchmark in terms of quality, architecture and innovation. With the construction works progressing, we thought it would be useful to share with the professionals of the sector our experience in expertly handling the challenges of undertaking such a grand project. This way, we would like to contribute to the growth of the sector in developing new innovative projects, enhancing Cyprus’ image as a destination for foreign investment.”

14 11 2016

Pafilia honoured at the European Property Awards

ONE receives Five Star award for Residential High-Rise Development in Cyprus

Pafilia Property Developers has received the prestigious Five Star award for ONE in the Residential High-Rise Development category at the European Property Awards 2016-2017. The European Property Awards is the regional event of the International Property Awards, a premier programme, rewarding excellence and celebrating the highest levels of achievement by companies operating in all sectors of the property and real estate industry in Europe. This award is a major achievement for ONE as entrants are judged against a strict set of criteria from industry experts from all over the world. Pafilia is quickly becoming synonymous and continuously recognised for its innovative approach to contemporary design and architecture with ONE being a great example of the forward-thinking company ethos.

All about Limassol

All set to proceed with the construction of ONE tower in Limassol

02 12 2016

Pafilia signed a €77 million construction contract with J&P and ACC on the 30th November, marking a significant milestone for the company, the city of Limassol and island as a whole. At 37 storeys, the monumental height of ONE will redefine the Limassol skyline and it is meant to be a beacon of progress visible from anywhere in the city.

The signing of the contract took place at Pafilia’ s impressive new office on the Limassol seafront. J&P and ACC are the latest companies to join the high-profile team which includes Atkins, WKK Architects, Burohappold Engineering, HBA, Meinhardt and Pafilia’s Supervision Team, all of whom are leaders in their respective fields. 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.

06 07 2016

Construction work at ONE Limassol has commenced.

The initial work includes cleaning and leveling of the plot, excavation and the construction of the boundary diaphragm wall. Pile tests have also been completed and the results were excellent.

This is an exciting time for both Pafilia and Cyprus, as ONE is truly changing the luxury real estate landscape of the island and region as a whole.

The development which will be the highest building in Cyprus and tallest residential seafront tower in Europe is due to be completed January 2019.

Cyprus Profile

Pafilia Signs €77M Construction Contract for Its Tower Development ONE in Limassol

01 12 2016

Pafilia signed a €77M construction contract with J&P and ACC on the 30th November, marking a significant milestone for the company, city of Limassol and island as a whole. The event took place at their impressive new office on the Limassol seafront and was followed by a drinks reception to celebrate this important step in the realisation of one of the most ground-breaking developments in the history of Cyprus.

ONE, the tallest residential seafront tower in Europe, will undoubtedly become Cyprus’ landmark building. At 37 storeys, the monumental height of ONE will redefine the Limassol skyline, it will be a beacon of progress visible from anywhere in the city.

Pafilia has selected the world’s most renowned architects, designers, engineers and specialists to achieve its ambitious vision. J&P and ACC are the latest companies to join the high-profile team which includes Atkins, WKK Architects, Burohappold Engineering, HBA, Meinhardt and Pafilia’s Supervision Team, all of whom are leaders in their respective fields. 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.

Pafilia is a true pioneer in the Cyprus real estate sector. With ONE, it has played an instrumental role in introducing iconic high-rise buildings to the island. ONE will be double the height of any current building in the city of Limassol, it will be an architectural masterpiece that will set the benchmark for luxury development in Cyprus. In recent years, Pafilia has also significantly influenced contemporary architectural design, having been the first company to collaborate with world-renowned firms.

"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." - commented Eva Eliadou, Executive Director.

The strategy has proven highly successful, over 55% of the units have already been sold, despite having only been launched earlier this year. Pafilia, the company behind two of Cyprus’ most prestigious and largest real estate projects, namely Minthis Hills Golf Resort and ONE, has successfully positioned itself as one of the leading luxury developers in Cyprus and the Mediterranean region. Its bold approach, outstanding innovation and highly effective commercial strategies has placed the company at the forefront of the industry.

Gold News

COMMAND THE HORIZON

15 01 2016

Limassol is soon to welcome a revolutionary development, one set to elevate its real estate offering to stunning heights – literally. ONE, the most recent property venture undertaken by Pafilia, will tower some 170 metres over the city’s promenade and claim the impressive title of tallest seafront residential tower in the Mediterranean.

The visionary development is set to establish an entirely new category of luxury living in Cyprus, offering a marriage between the sanctuary of home and the service of a hotel. ONE has been designed to offer opulence in grand proportions and residents of ONE’s 84 lavish properties will have unlimited access to innumerable enviable amenities and exclusive services at their fingertips.Elias Eliades, Managing Director of Pafilia, divulged details of the coveted project in this exclusive interview with Gold.

By Effy Pafitis

Gold: ONE is set to be among the most impressive residential developments in the region, indeed soon to secure the title of highest residential seafront tower in Europe. What was the impetus behind this landmark project?

Elias Eliades: Our aspiration to create a unique residential project and the vision for its potential were the driving forces behind its conception. These were followed by our excitement about the possibilities of the site’s exceptional location and our potential collaboration with a renowned multidisciplinary design team. ONE will bring this all together to redefine the skyline, and will contribute to the image and identity of Limassol. It will act as a catalyst to regenerate and stimulate further interest and investment in Cyprus.

Gold: According to Pafilia, ONE will set a new standard of luxury living, offering a variety of top-class facilities, as well as exclusive services. Tell us a little about these.

E.E.: Within the walls of ONE, residents will have exclusive access to exceptional amenities, facilities and service. The spa is to be a sublime haven of peace, relaxation and restorative treatments. The large pool, voluminous sun decks, planted terraces, bar with panoramic views, state-of-the-art fitness centre and charismatic restaurant will all contribute to the sense that ONE is a world unto itself. We believe that life at ONE should be lived to the full, spending time exactly as you choose. That’s the essence of freedom and the inspiration for our personal concierge service. Each resident will have complimentary 24/7 access to our skilled team of service experts. From making travel arrangements, local recommendations and bookings, to pre-stocking kitchens, personalised shopping, sourcing and organizing, this team are there to listen, support, advise and reassure. They will also provide access to Limassol’s most in-demand restaurants, clubs and exclusive events.

Gold: Why, after focusing on Paphos for so long, have you chosen Limassol as the location for your latest project?

E.E.: Limassol is consistently ranked as one of the world’s leading cities for quality of life and highly regarded for its chic Riviera feel, cosmopolitan sophistication and pure Mediterranean charm. Limassol has fast become the home of choice to an ever-growing multicultural population. Nowhere in Cyprus is there a richer or more engaging mix of culture, heritage, refined taste, entertainment and places of genuine interest.

Gold: This development comes at a pivotal time for Cyprus; having secured significant economic recovery, the island’s real estate sector is beginning to regain ground lost during the financial crisis. In this newly optimistic market, which has continued to attract foreign investors despite its recent woes, how do you evaluate demand for ONE’s opulent residential units?

E.E.: Demand is already high due to its limited availability (only 84 apartments/duplexes and penthouses), high differentiation and the unparalleled investment opportunity which ensures an easy exit strategy and excellent appreciation. In fact ONE has exceeded sales expectations already, with a significant number of units already sold or reserved.

Gold: Do you predict this to be an attractive investment opportunity for foreign nationals, Cypriots, or both? How would you best describe the demographic to which the development appeals?

E.E.: We predict that all nationalities will be interested in investing in ONE due to its unique seafront location, limited availability, capital appreciation and easy exit strategy. The scarcity of this prime seafront development in the most sought-after city in the Mediterranean as well as the strategic location of Cyprus – situated at the crossroads of Europe, Africa and the Middle East – means that ONE is already in demand and appealing to an audience of investors and luxury home owners from far and wide.

Gold: Cyprus is widely considered as one of the premier destinations for a healthy combination of business and pleasure. What is it about Limassol that has placed it at the heart of both the island’s business scene and leisure offering?

E.E.: Business and leisure, the new and old, all blend harmoniously in Limassol where there is always something new and exciting to experience. From the major annual events to the smaller festivities held in its traditional villages, the cultural calendar is comprehensive and diverse. And as a modern country with a progressive free-market, service-based economy boasting major business and taxation advantages, Cyprus is an increasingly desirable destination for entrepreneurs, individual private investors, families and retirees looking for a rewarding change. In both the business and leisure categories of the Knight Frank Global Lifestyle Review, Cyprus is ranked as the fifth best place in the world to relocate – the only European location in the top five besides Switzerland.

Gold: How do you expect Pafilia’s ONE to add to the town’s appeal in this regard?

E.E.: As an address, an asset, a city retreat and a lifestyle choice, ONE will introduce a new definition of luxury living to the Mediterranean. The monumental height of ONE alone will redefine the ultimate Limassol view. It has the greatest perspective on the city and is an altogether elevating prospect demonstrating Limassol’s appeal.

Gold: You have partnered with several reputable firms for the development of ONE: Atkins is the project’s masterplanner, WKK its architect, HBA is tasked with its interior design and Burohappold its engineering. How do these high-level collaborations reinforce the prestige of the project, thus contributing to its appeal as an investment opportunity?

E.E.: Our intention was always to bring together a group of renowned and celebrated consultants with worldwide experience to deliver a groundbreaking, prestigious highrise building. Their joint objective is to provide innovative and sustainable design which has a direct impact on the end-user by adding value and new innovative design solutions to increase the appeal of the investment for our clients. The team’s success is measured in the intelligent passive design solutions which reduce energy consumption and take into account design criteria like building orientation, shape, daylight, ventilation, shading, comfort, insulation, glass specifications, equipment efficiency and water recycling amongst others. The end result is a luxurious, practical and comfortable living space with an optimum use of energy and low maintenance for the satisfaction of the people that invest here.

Gold: Finally, with an estimated finalization date of 2018, what do you hope to achieve during 2016 as regards the construction of ONE?

E.E.: Having reached the end of an intensive period of design, we are ready to proceed with the construction of this unique project. The schedule of works commences as of March 2016 with the enabling works including demolitions and supporting works on the perimeter of the plot, which will allow the main works on the superstructure to follow by July 2016. During 2016 we expect to complete most excavation works and basement slabs up to ground level.

28 01 2016

PAFILIA LAUNCHES ITS FLAGSHIP TOWER, ONE, IN HONG KONG

Hong Kong was the perfect place to launch the pioneering tower to an international audience where Pafilia’s executive team took the opportunity to present the new flagship development to critical acclaim.

Owner and managing director of the company Mr Elias Eliades commented  ‘As one of the most prestigious projects in Europe, but also the highest residential building in the Mediterranean seafront, the demand has been overwhelming. The development has received considerable interest from a global audience due to its unique seafront location, limited availability, capital appreciation and easy exit strategy so these real estate events are an important part of our launch strategy.’ Additional launch events in key global locations will follow over the forth coming months.

Gold News

ONE: Tallest Residential Seafront Tower in Europe to Begin Construction

15 01 2016

Prominent Cyprus real estate and development firm Pafilia has revealed its plans to begin construction on a new flagship project, called ONE, in the first quarter of 2016. 

ONE is situated on 28th October Avenue, Limassol’s prime seafront boulevard with vibrant business, leisure and social amenities. At 37 storeys, the monumental height of ONE will redefine the ultimate Limassol view and offer the greatest perspective on the city.

Unparalleled Living Facilities

The visionary development will create a new category of living in Cyprus. Set to offer a marriage between the sanctuary of home and the service of a hotel, residents of the 84 opulent properties will have unlimited access to an exclusive spa, fully-equipped fitness centre and swimming pool with extended sun decks and outdoor terrace. In order to ensure residents enjoy the very best ‘ONE’ has to offer, owners of the impeccable apartments will also have a comprehensive, 24 hour concierge service at their full disposal. These all encompassing facilities will be further complimented by an area dedicated to premium dining and shopping, stretching across two floors of the coveted tower.

Design

With a maximum of just three apartments per floor, every residence at ‘ONE’will offer unrivalled, unobstructed sea views, also capturing views over the city and to the Troodos Mountains beyond. The Residences are ingeniously designed with uninterrupted flow of space running from one side of the tower to the other – ensuring high levels of natural light.

As you would expect from a development of this calibre and standard, the interior finishes and fittings have been designed by highly awarded London based interior designers, ensuring that living areas are as practical as they are beautiful.

25 01 2016

PAFILIA LAUNCHES ONE

Pafilia’s flagship tower development in Limassol is now officially on the market.

ONE will be the tallest residential seafront tower ina Europe and the most groundbreaking development in the history of Cyprus. At 37 storey’s it will redefine the ultimate Limassol view. For exceptional seafront living, for exclusivity, for security of investment, ONE will be the most iconic address not only in Cyprus but the region as whole.

ONE offers unparalleled living facilities with the visionary development creating a new category of luxury living in Cyprus. Offering the sanctuary of home and the service of a hotel, residents of the 84 opulent apartments will have unlimited access to an exclusive spa, fully-equipped fitness centre and swimming pool with extended sun decks and outdoor terrace. And, in order to ensure residents enjoy the very best ONE has to offer, owners of the impeccable apartments will also have a comprehensive, 24 hour concierge service at their full disposal.

These all-encompassing facilities will be further complemented by an area dedicated to premium dining and shopping, stretching across two floors of the coveted tower.

With a maximum of just three apartments per floor, every residence at ONE will offer unrivalled, unobstructed sea views, also capturing views over the city and to the Troodos Mountains beyond. The Residences are ingeniously designed with uninterrupted flow of space running from one side of the tower to the other – capturing high levels of natural light. As you would expect from a development of this calibre and standard, the interior finishes and fittings have been designed by highly awarded London based interior designers, ensuring that living areas are as practical as they are beautiful, emphasizing the panoramic views of the Mediterranean Sea to the South and city and Troodos mountains to the North.

Gold News

Consistently delivering an innovative portfolio of various residential developments

16 01 2016

The organisation is guided by the principle that the Cyprus countryside is a treasure to be safeguarded and any development must be qualitative and not quantitative

Founded in 1977, Pafilia is the largest privately owned residential developer in Cyprus, dedicated to delivering the best in concept, design, quality and service. The company offers a diverse and innovative portfolio of property types and styles, each an exemplar of superior living, all built to the highest standards. Owner-managed by Elias Eliades and his family, the Pafilia brand is synonymous with quality and has gained a reputation for excellence. Pafilia’s dynamic team, family values and customer centric approach are key attributes to the company’s success. Integrity, commitment to excellence, market knowledge and wealth of experience has earned Pafilia its place at the forefront of the property industry.

With over 250 employees covering offices in Cyprus, Greece, China and Russia, Pafilia has its own in-house team of highly skilled people as well as collaborating with some of the most respected international architectural, engineering and interior design companies from all over the world. From concept designs to working drawings, they create exceptional living environments designed to maximise both indoor and outdoor spaces, in line with our clients’ needs and aspirations. The Pafilia promise is to provide value to its clients in terms of quality, design, service, support and investment returns. A full spectrum of services is on offer, including property rentals, resales and maintenance divisions that enables homeowners to make their property work for them whereever they are.

Corporate social responsibility is integral to Pafilia’s culture. Through a unified and focused strategy, we continually engage in initiatives that enrich and strengthen the community. Significant consideration is given to the environment and long-term sustainability when developing a site, ensuring Pafilia residents enjoy the richest surroundings. These are exciting times for the company, as we continue along our path of expansion and quest to become the leading property developer in the Eastern Mediterranean.

An unwavering client focus and collaborative culture supported by first class infrastructure ensures Pafilia’s success. We pride ourselves on being at the cutting edge of property development, embracing new approaches and fresh thinking relevant to our business. Pafilia has embraced the right culture, people, values and skills to perfect the customer experience in a way that is extraordinary, relevant and lasting.

Important projects

Elysia Park is a new approach to luxury living. The landscaped complex includes five-star hotel facilities located in the most convenient location, Kato Paphos, where is it only 15 minutes’ walking distance to the beautiful harbour, local bars, restaurants and supermarkets.

The 315 units are designed to meet all needs and are as beautiful as they are practical with one-, two- and three bedroom apartments, luxurious semi-detached houses and villas and penthouse suites, all designed and built to the highest quality standards. Home owners can enjoy facilities and services including concierge, two outdoor swimming pools of 1000mÇ each, heated inside pool, gym, spa, sauna, jacuzzi and business conference room.

The Amorosa Villas project includes 25 exclusive seafront villas, with three and four bedrooms with private beach access. The owners will have access to facilities such as 24-hour concierge service, security and customer service, tennis court, gym and sauna. The landscaping of the garden project forms an idyllic private landscape, framed with ornamental lakes and private infinity pools overlooking the crystal sea waters and the coastline of the Akamas Peninsula. One of the most prestigious projects developed by Pafilia is Minthis Hills, a golf and leisure resort situated on a protected Natura 2000 site. It is also the largest leisure project under construction in Cyprus, with over 420 super luxurious residences, spilt into 12 neighbourhoods and amenities such as clubhouse, golf course, spa, gym, restaurants, nature trails, conference rooms amongst others. Working with world renowned architects to develop the resort and residences, it offers incomparable architectural design, services and amenities.

The ONE project, located in thriving city of Limassol will begin construction in March 2016. At 37 storeys, 170m in height, the monumental height of ONE redefines the ultimate Limassol view: it has the greatest view on the city and is an altogether elevating prospect. ONE gives the Limassol skyline a striking new definition: it will not only be the tallest building in Cyprus, but it is a landmark of progress.

ONE comprises 84 ultra-luxurious residences, with two- and three-bedroom apartments on floors 5-30, three- and four-bedroom duplexes on floors 31-34 and a three-storey ‘skyhome’ on floors 35-37. With a maximum of just three apartments per floor, every residence at ONE offers unrivalled sea views with a north facing view of the city and the Troodos mountain range beyond.

Full sea change

Cyprus was unprepared for the economic crisis and there have been consequences for all sectors and companies. Now, changes are required to secure and strengthen the future of business practices on the island.

Pafilia quickly realised that they needed to re-evaluate their business plan, and through hard work, dedication and the diligent support of the entire team, we are developing a new more effective model of the company.

We continue to be dedicated to developing the highest quality projects, striving to be pioneers and continuously reaching and developing emerging markets and trends.

Market Predictions

The effort for economic recovery of Cyprus is a collective responsibility that requires continuity, consistency and adaptation in tough competitive environment. The implementation of new infrastructure projects, the increase in tourism, attracting large investment funds, incentives for international companies and the positive developments in the energy sectors, are all signs of a strong and positive recovery. In order to progress, we need to change our way of thinking and become more adaptable, flexible and fastpaced in order to instil confidence in the market once again.

Minthis Hills Golf Resort, The largest under construction group project

Collaborating with internationally renowned architectural, engineering and interior design firms from around the world

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Current Progress of Works on site

04 12 2018

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30 03 2018

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30 11 2016

Pafilia signs €77M construction contract for its tower development ONE in Limassol

15 11 2016

New Pafilia property sales offices in Limassol

14 11 2016

Pafilia honoured at the European Property Awards

06 07 2016

Construction work at ONE Limassol has commenced.

28 01 2016

PAFILIA LAUNCHES ITS FLAGSHIP TOWER, ONE, IN HONG KONG

25 01 2016

PAFILIA LAUNCHES ONE

Press

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The construction works for the tallest residential seafront tower in Europe are progressing fast.

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02 12 2016

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ONE: Tallest Residential Seafront Tower in Europe to Begin Construction

15 01 2016

Gold News

Consistently delivering an innovative portfolio of various residential developments

16 01 2016

 

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