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Limassol Marina releases its berth launch rates

04/10/2012 17:19
Ready to welcome the first yachts and residents by the end of 2012, Limassol Marina has just released its berthing tariffs and details of its launch packages.
Setting new standards for living and sailing in the Mediterranean, Limassol Marina is an official Port-of-Entry and will accommodate up to 650 yachts from 8m to 115m, providing facilities and services of the highest standard. Every berth will have access to fresh water, electricity and to a fibre optic network providing high speed broadband, high-speed wireless internet and telephone. There will also be a fuel station, waste removal, haul out and shore-side technical facilities, a dry dock and workshop for light repairs and maintenance. All of this will be combined year-round, with 24-hour security, a concierge service and a team of experienced marina professionals to ensure the smooth running of all facilities.

Operated and managed by Camper & Nicholsons in partnership with Francoudi & Stephanou Marinas, Limassol Marina combines the internationally renowned Camper & Nicholsons' excellence in services and facilities with the best of local expertise.

Marina Manager, Paul Sorrell, is confident that the newly released tariffs and launch packages will entice yachts on an international scale. “Limassol Marina is set to be one of the world’s finest full service marinas located on a beautiful island with a strong nautical history; we are very proud to be bringing the plans successfully to reality".

A new scheme launched by the Cyprus VAT Service, covering the lease of pleasure boats in Cyprus, now makes the island one of the most tax-efficient places in Europe for Superyacht owners. As a result of this scheme, VAT rates are reduced to as little as 3.4% of the initial value of the yacht- the lowest compared to other favoured destinations.
Limassol Marina is firmly placing Cyprus on the nautical yachting map. The €350 million waterfront development also includes luxury apartments and villas, with their own private berths or direct access to the beach, and boasts its very own shopping and dining area, cultural centre, Spa and Yacht Club. Located in the heart of Limassol, Cyprus’ most vibrant and cosmopolitan city, it has been designed to blend seamlessly with the town’s historic centre, the old harbour and the medieval castle.