Summer Capital, an investment firm focused on high-value real estate and infrastructure projects, has announced that the long-awaited construction of its Verno residential complex in Kapsalos, Limassol, is now in full progress. This milestone marks a significant step in the company’s ongoing effort to build a strong and sustainable investment portfolio under itsRoad to 2030 strategy.
Following the receipt of all required permits, construction is proceeding on schedule, with completion expected in the third quarter of 2027.
Verno consists of two modern buildings with 40 meticulously designed apartments. The project’s architectural concept emphasizes functionality, proportion, and visual balance. High-quality finishing materials and thoughtfully planned layouts ensure maximum comfort and aesthetic appeal for residents.
“The start of construction on Verno represents an important milestone for Summer Capital. This project reflects our commitment to investing in high-quality, in-demand properties that deliver lasting value for both investors and end users,” said Andrey Lomakin, CEO of Summer Capital.
Located near Limassol’s business district and coastline, Verno offers a strong combination of urban convenience and residential comfort. The project targets young professionals, families, and investors seeking reliable, high-liquidity real estate assets with stable demand and long-term growth potential.
Summer Capital continues to expand its residential investment portfolio across Europe, staying true to its long-term strategy of focusing on sustainable, transparent, and high-potential developments that deliver measurable value for stakeholders.