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The Prosperity Group Revitalizes Limassol’s Traditional Agora

By on January 2, 2019

As part of its ongoing ethos of social contribution, The Prosperity Group is sponsoring the upgrading of the Ayios Nicolaos roundabout in Limassol through the creation of a landmark fountain that WAS due for completion by the end of December 2018. The fountain is being designed by local Limassol firms ‘M.D.G Architects and Interior Design Office’, and ‘Maranco Water Techniques Ltd’. It will consist of 250 nozzles; six different water features; two running water effects and latest technology waterproof LED lights, making it a focal point both during the day and night. The complete system will have four different sequences, which will be changed every quarter, ensuring that the fountain retains its visual originality and interest.


The roundabout will also be newly landscaped as part of its renovation. The total donated contribution by The Prosperity Group is estimated to be in the region of €75,000.

With its Head Office located in the vicinity of the roundabout in Limassol, The Prosperity Group wanted to donate a lasting symbol to the city that it is actively present in through a number of projects, including the new Agora; a bold and visionary development that will see Limassol’s traditional market (agora) revitalised and renovated in an investment of three million Euros.

Mayor of Limassol, Mr Nicos Nicolaides, extended his heartfelt thanks for the gesture: “On behalf of the Municipality I would like to express our deep appreciation to the Prosperity Group for their generous donation to our city, which proves a high-level of social responsibility and public spirit. The upgrading of the Ayios Nicolaos roundabout through a system of fountains, will contribute to our efforts towards the general upgrading of our city.”

Founded in 2006, The Prosperity Group works with partners to develop contemporary residential, commercial and mixed-use building projects throughout Europe and the Middle East – with large-scale projects in the UK, Cyprus, Croatia and Israel, and individual projects in Holland. With an extensive portfolio so far, company ‘s projects include also the reconstruction of the environmental friendly building of The Huckletree Ltd, the Westminster Bridge Hotel, the Elizabeth Hotel in London and the Park Plaza Vondelpark, in Amsterdam.

Aside from construction and real estate, the group is also active in the sectors of Corporate Services and Yachting.

Mr. P. Alexandrou is the Founder and Director of the company with 23 years of experience in Luxury Real Estate and Investments worldwide. He was born and raised in Cyprus within a Real Estate business family and educated n UK. Prior expanding business in Cyprus Mr. P. Alexandrou invested in UK and along the way in other countries worldwide.

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