CYPRUS LIMNI RESORTS & GOLFCOURSES

Cyprus is involvedd in the planning and development of its immovable property for the creation of tourist units of many uses and international scope. Its projects include the development of golf courses, luxury hotels, health and spa center, villas and other housing units, cafes, stores, and sports facilities. CYPRUS has ownership of land in Kynousa, Lysos, Pelathousa and Polis Chrysochou villages which is available for future development. No decision has been made on this by management to date. A secondary activity of the company is the development of agricultural plantations for sale of agricultural products. The company has about 3.30 million sqm of freehold land

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