L U X U R Y A P A R T M E N T S

M E M B E R O F T H E K A N I K A G R O U P

A project by Kanika Developments Ltd

K A N I K A D E V E L O P M E N T S L T D

KANIKA ENAERIOS COMPLEX-Seafront Ave.,

P.O.Box 53029, CY-3300 Lemesos, Cyprus

Tel: +357 25 814 266, Fax: +357 25 582 124

e-mail: info@kanikadevelopments.com

From UK: 0808 234 1805 From CY: 8000 50 80

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F R E E P H O N E : 8 0 0 0 5 0 8 0 ( C Y ) , 0 8 0 8 2 3 4 1 8 0 5 ( U K )

Kanika Developments is a long established and reputable property developer in Cyprus.For over 30 years, the Company has been making dreams come true, by offering Cypriots

and foreigners, residents, holidaymakers and investors the perfect home in the sun.

Our mission is to deliver high quality homes that meet and exceed international standards,and which are built in prime locations. At the same time,

our name is synonymous with impeccable after sales service and comprehensive propertymanagement services to ensure that you enjoy your property to the full.

Aiming to satisfy the diverse needs and wishes of our growing clientele, our property portfolio includesa range of villas and apartments that offer the prospective buyer

a choice of location, size, type and style.

Our success is based on the strength, resourcefulness, expertise and dedicationof our management and staff. We can therefore look forward to a bright future marked

by healthy growth and expansion, in Cyprus and beyond.

T H E O D O S I S K A R A O L I SC h a i r m a n

Kanika is a name that is synonymous with hotels, construc-tion and development in Cyprus. A name that echoes three decades of operation and continuous growth. Indeed, the Kanika Group of Companies is rooted in the year 1975, when it was founded as a third party contractor.

Since its earliest days, Kanika has been associated with a num-ber of major construction projects throughout the Lemesos area, some of which have carved the district’s profile, and are regarded as prominent landmarks. One such project is the well-known Kanika Enaerios Complex, the biggest ever constructed inCyprus, which incorporates over 750 apartments, shops, offices and even a hotel. Located on Lemesos’s main beachfront avenue, the Kanika Enaerios Complex houses some of the trendiest cafés and restaurants in town that welcome some 1000 visitors a day.

Soon after the establishment of the initial company, a veritable construction boom hit the island of Cyprus, and Kanika wasideally positioned to expand into a group of companies. Through its individual member companies – Kanika Developments Ltd, Kanika Property Management Ltd and Kanika Hotels Plc – the group branched out into areas of land development, property management and hotel ownership and management respectively.

Today, the Kanika Group of Companies employs over 600 dedi-cated employees and has contributed tremendously to the economic and social development and progress of the island.

KANIKA GROUP OF COMPANIES

Your Cyprus Connection

Kanika Developments Ltd specializes in high quality land developing projects such as the construction of luxury villas, townhouses, apartments, offices and shops.The company has several successful projects to its name, in various areas of Cyprus. Capitalizing on its extensiveexperience and know-how in the construction indus-try and acting within the company’s financial capabili-ties, Kanika Developments Ltd focuses on projects thatprovide excellent quality in prime locations at competitive prices. In each case, the emphasis is on projects that reflect contemporary trends and requirements, while serving their practical purpose within a framework of high qualityconstruction enhanced with fine workmanship andfinishes. Such features combined with a history of promptdelivery, secure title deeds and professional after sales services are the cornerstones of the company’s reputation.

Kanika Property Management Ltd specializes in the management of various types of properties such as offices, apartments, villas, townhouses and shops.

The company was founded in the early 1980’s aiming to offer professional after sales services including the management and maintenance of the purchased prop-erty. Furthermore, and where applicable, Kanika Prop-erty Management Ltd currently manages hundreds of properties and is regarded as one of the leading property management companies in Cyprus.

In response to the growing demand from the tour-ism sector in Cyprus during the 1980’s and the 90’sthe Kanika Group completed the construction of four luxury hotels and resorts in the most popular touristlocations, namely Pafos, Lemesos and Agia Napa. Over the years Kanika Hotels Plc has received many prestigious awards for its excellent services and facili-ties. Welcoming thousands of guests every year, KanikaHotels Plc ranks amongst the most established hotel groups on the island. The company is certified withthe Quality Assurance system ISO 902 and the Hazard Analysis of Critical Control Points system HACCP.

Kanika Hotels Plc, a public company listed on theCyprus Stock Exchange, owns and operates the following four hotels & resorts:

Alexander the Great Hotel in Pafos Olympic Lagoon Resort in Agia Napa Elias Beach Hotel in Lemesos Kanika Pantheon Hotel in Lemesos

The Kanika success story to date is attributed to the strength and the resourcefulness of the management team, combined with the skill and dedication of the employ-ees within the group. With assets such as these, the Kanika Group of Companies anticipates the future with confidence and welcomes the new challenges that Cyprus’srecent accession to the European Union presents. The Kanika Group of Companies has plans to further expand its activities both in Cyprus and in other parts of Europe.

KANIKA DEVELOPMENTS LTD KANIKA PROPERTY MANAGEMENT LTD KANIKA HOTELS PLC

Home Buyers’ favourite property developer Adds Valueto your property

Looking Ahead

Where luxury meets with traditional Cypriot Hospitality

The Mediterranean island of Cyprus is surrounded by Europe, Asia and Africa, a location that has defined its history and civilization. Blessed with a mild Mediterranean climate, the island is valued for its natural landscape, which stretches from the varied coastline to the Troodos mountains.

Above all, Cyprus lures visitors - often permanently - with its unique lifestyle within a framework of genuine hospitality. No-where else are history, culture and modern leisure as well as en-tertainment facilities and professional business services so con-centrated on such a small area.

The fact that English is widely spoken, the tax environment is fa-vourable, the standard and cost of living are tempting, and crime is low makes Cyprus even more desirable. And when it comes to buying property, the vast choice includes homes for every pur-pose, whether for permanent residence, regular holidays or in-vestment. That combined with flexible financing schemes brings you closer than ever before to your home in the sun…

Why Cyprus

... an extraordinary holiday destinationLemesos

... the place to beLemesos on the southern coast of Cyprus is the island’s largest seaside resort. Its 15-km coastline is marked by long-stretched sandy beaches lined with luxurious 5-star hotels, as well as 3 and 4-star accommodation to satisfy every preference and budget. The Troodos mountain range begins to rise inland just outside the city, offering an escape to the cool mountain air.

As the second largest city of Cyprus with a population of around 200.000, Lemesos ranks as both an international business cen-tre and a bustling cosmopolitan resort. Shopping centres will fulfil all your retail expectations, while theatres, concerts, cinemas, art galleries and restaurants of all kinds cater for every taste in culture and entertainment.

Several new golf centres will soon begin to take shape outside the city, while a new 1000-berth Marina and entertainment com-plex, and a state of the art convention centre are in the pipeline. These attractive developments are bound to add value to any property acquired today.

The Kanika Mediterranean Palace project is an exclusive residential development that is destined to redefine the concept of urban lifestyle oriented living in the cosmopolitan city of Lemesos.

Taking shape in one of the prime locations in Lemesos, on the prestigious stretch of the Germasoge-ia tourist area along the coast, this iconic structure stands just 100m from the blue Mediterranean Sea, and is only an easy stroll from the city’s trendiest restaurants, bars, shops and nightlife. In terms of architectural design and interior layout, the seven-level Kanika Mediterranean Palace comprises a total of 20 Luxury Apartments, Superior Garden Duplexes with private swimming pools and magnificent Ultra Luxury Penthouses. All feature exceptionally generous space allocation and exquisite finishing touches. Sweeping open-plan living areas are enhanced with the elegance of marble and natural stone elements that express rare luxury and superior quality in combination with fine craftsmanship. The result conjures up images of an elite residential club with an air of contemporary refinement. The incorporation of smart home technology to operate many appliances remotely adds a distinct touch of modern sophistication to every home.

Setting new standards of private residence with access to all the best that Lemesos has to offer, Kanika Mediterranean Palace is reserved for the few who can claim the privilege of owning a home that outshines all others. In addition to the extravagance of each home, residents of Kanika Mediter-ranean Palace will have access to the residents-only on-site facilities and services usually reserved for first-class hotels.ю

Private homes... with first-class hotel facilities

PolemidiaRoundabout

Agia FylaRoundabout

Mesa GeitoniaRoundabout Agios Athanasios

Roundabout

OldHarbour

&New Marina

LemesosNautical Club

AmmochostosNautical Club

MEDITERRANEAN SEA

GermasogeiaRoundabout

Agias Theklas Syntagmatos Octovriou 28

Octovriou 28

Vasileos Georgiou 1 Gladstonos Gladstonos

Griva Digeni Kolonakiou

Spyrou Kyp

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Mas

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Iliados XenofanousDoureiou Ippou

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KANIKAHEAD

OFFICES

KANIKAPANTHEON

HOTEL

KANIKAMEDITERRANEAN

PALACE

To PafosTo Larnaka

MOTORWAY

GERMASOGEIA TOURIST AREA

CITYCENTER

Award winner of the prestigious Home Overseas, Top 20 new developments in the world

Large, lush landscaped garden.

An attractive health club that includes a fully equipped modern gym, jacuzzi, sauna, steam bath

and private changing rooms.

24-hr CCTV security surveillanceof the gated development.

Large sheltered playground area for children.

Large elegant reception area with unique high ceilings, reception services

and private individual letterboxes.

24hr concierge service and housekeeping services upon request.

A luxury free-form overflow swimming pool featuring rock art formations with waterfalls, outdoor bar,

cozy wooden floors and BBQ areas within the pool deck perimeters.

International standard tennis court with floodlight installation.

Gated and secure underground parkingconnected to the main building.

Facilities

Just 100m from the blue Mediterranean Sea.

An easy stroll from the city’s trendiest restaurants,bars, shops and nightlife.

Setting new standards of private residence with access to all the best that Lemesos has to offer.

The location Special Privilege

Apartments Construction Specifications

Customized Floor Plans

Furthermore, all residents of Kanika Mediterranean Palace will be offered a free full 10-year membership of the Elias Beach Hotel, which entitles them to:

10% discount on all spa treatments available at the hotel spa Sun beds by the swimming pool or on the sandy beach 10% discount on all food and beverage outlets Free use of the gym, steam bath and sauna

Kanika Mediterranean Palace is an exceptional residential building thatexpresses rare luxury and superior quality. In order to achieve this, Kanika De-velopments has placed maximum emphasis on architecture and interior design. Construction specifications include:

Buying a home at Kanika Mediterranean Palace in the initial stages of construc-tion offers you the valuable privilege of designing the interior areas according to your specific needs and preferences. Under the guidance of our architects, buy-ers can significantly modify the floor plans, and benefit from the expert advice of our interior designers to develop a personalized living environment that incor-porates the finishing materials, electrical/mechanical solutions and, wherever possible, any additional amenities requested. The result is a luxurious home that is tailored to your individual personality and lifestyle!

Large covered verandas with glass balustrades for unobstructed views Video-phone entry system Wireless security system with motion sensors and alarm Communal satellite antenna Luxurious fitted kitchens and bathrooms with granite worktops Bedrooms with ensuite bathroom High quality natural marble floors & solid wood floors in all bedrooms Top quality dimmer light switches in all rooms Top quality central light control system Provision for Internet access in all rooms and on the balconies Top quality concealed air-conditioning units for heating & cooling Meticulous craftsmanship Private swimming pools (Superior Garden Duplexes only)

High quality underfloor heating (Penthouses only) *See detailed list at the back

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Residents of Kanika Mediterranean Palace enjoy the privilege of living in an elite residential property that features exception-ally large communal areas, which put Kanika MediterraneanPalace in a class of its own and make it an extremely rare ur-ban development. Here you will truly be living in a five-star hotel environment with large lush gardens, splendid indoor and out-door leisure facilities, generously designed practical common use areas, all enhanced with the feeling of all-round security.

Free-form Swimming PoolMain EntranceReception & ConciergeLobbyBBQ & Bar AreaSunbathing DeckPlaygroundTennis CourtLandscaped GardensAccess Controlled Parking Entrance

Fitness RoomSaunaSteam BathPrivate Storage RoomsParking Entrance/Lobby

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Private homes... with first-class facilities

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The Superior Garden Duplexes come in various architectur-al designs and sizes, but all are designed to suit buyers whovalue the concept of a ground floor duplex complete withgarden. The Superior Garden Duplexes are truly superior thanks to their positioning within the building, which providesexclusive features. Beyond the impressive top quality construction specifications, the Superior Garden Duplexes offer their owners: Two-storey apartment layout Large garden & verandas Private swimming pool Private parking space

Superior Garden Duplexes

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2nd - 5th FLOORLuxury Apartments

2nd - 5th FLOORLuxury Apartments

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Luxury Apartments

Occupying the second to the fifth floors, with each floor limited to only three spacious 2 and 3-bedroom apartments, the Luxury Apartments vary in architectural design and size. Their structural glazing system brings out the best in the sweeping open-plan living areas and large verandas by creating an extraordinary home environment flooded with Mediterranean sunlight. The beautiful views across the landscaped gardens and the city of Lemesos add a valuable dimension to luxurious urban living.

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Drawings are subject to minor modification

Ultra Luxury Penthouses

The sixth and seventh floors are split into only four Luxury Pent-houses, each offering the comfort and expanse of 3 - 4 bedrooms and exceptionally large living areas and verandas. The structural glazing system brings all the sunshine and beauty of Cyprus into your home, offering panoramic views from every point, so you can rest your eyes on the blue sea on the one hand and the city of Lemesos on the other.The combination of lavish spaces, beautiful design and unrivalled views from the height of the building make the Luxury Penthous-es at Kanika Mediterranean Palace the ultimate choice for those who will settle for nothing but the best in urban living.

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6th -7th FLOORUltra Luxury Penthouses

6th -7th FLOORUltra Luxury Penthouses

1 . S T R U C T U R A L F R A M E Reinforced Concrete, Earthquake Resistant Frame according to British Standards and Euro Code

2 . M A S O N R Y a n d F I N I S H E S External Wall Construction Thermo-insulating bricks Internal Wall Construction Thermo-insulating bricks Internal Finishes Three coats of plaster finished in paint and stucco as per plans External Finishes Modern design combining natural stone, paint and structural glazing

3 . W A L L a n d F L O O R T I L I N G Bathroom – WC Walls and floors covered with high quality ceramic tiles Kitchen Walls between worktop and cupboards covered with natural granite Entrance Hall, Living Room, Dining Area Covered with natural marble according to plans Kitchen Area Covered with natural marble according to plans Bedrooms Covered with solid wood floor according to plans Verandas Covered with high quality tiles according to plans Parking Area Covered with stamped concrete according to plans Kitchen Worktop Natural granite worktop

4 . A L U M I N I U M W I N D O W S All windows are made of high quality aluminium frames with double-glazing

5 . C A R P E N T R Y a n d J O I N E R Y Main Entrance Solid Irocco wood Internal Doors Veneered in 3 optional wood finishes Wardrobes Veneered in 3 optional wood finishes or matt lacquered Kitchen Veneered in 3 optional wood finishes with pre-installed fan extractor

6 . S A N I T A R Y F I T T I N G S High quality sanitary fittings and mixers in kitchen sink, bathrooms, WC

Luxury Apartments Specifications

7 . W A T E R S U P P L Y Each property is supplied with fresh water and has its individual metre 1 water tank of 2m3 capacity, pressure pump and hot water circulators are installed

8 . E L E C T R I C A L I N S T A L L A T I O N Each property has an individual metre. Installation is approved by the Electricity Authority prior to connection All apartments are designed to have adequate wiring for lights, sockets, telephone and TV points in each room as per plans Communal satellite antenna with satellite receivers Video-phone entry system Wireless security system with motion sensors and alarm Central light control system (for penthouses only)

9 . A I R C O N D I T I O N I N G ( A C ) & H E A T I N G Complete AC system with concealed air-conditioning units for heating and cooling

1 0 . H E A T I N G Complete AC system with concealed air-conditioning units for heating and cooling Underfloor heating installed with control panels (for penthouses only)

1 1 . R E F U S E A R E A Each property has its own allocated refuse area located according to plans

1 2 . S T O R A G E R O O M a n d P A R K I N G A R E A Storage rooms and parking areas are available according to plans

1 3 . P R I V A T E S W I M M I N G P O O L S Optional for Superior Garden Duplex