EXCLUSIVE MANDATE

Horizon Tower II

Exclusive Development Investment Opportunity Larnaca, Cyprus
Seize the opportunity to invest in the second tower of the Horizon Towers project, a premium seaside development in Larnaca, Cyprus. Horizon Tower I is fully sold.

Deal Size

€55M

Structure

SPV

Stage

Pre-Construction

Status

Seeking Investor

    EXPRESS INTEREST

    Register Your Interest

    You will receive Aliant Advisory's standard NDA and engagement terms by email. Once completed, you will be introduced to an Aliant Advisory M&A expert who will guide you through the opportunity and the next steps.









    Deal Size
    €55M

    Guide Value

    Location
    Larnaca, Cyprus

    Sector
    Luxury Residential Real Estate

    Structure
    SPV

    Special Purpose Vehicle

    Project Stage
    Pre-Construction

    To Be Built

    Exclusivity
    Exclusive Aliant Mandate

    Target Investors
    Family Offices, Funds, Developers & Institutions

    Status
    Seeking Strategic Investor

    Units
    0
    Floors
    0
    Residential Towers
    0
    Commercial Buildings
    0
    Restaurants
    0
    Offices
    0
    Shops
    0
    Investment Thesis

    Four pillars underwriting the opportunity.

    A concise institutional case for capital deployment — supported by a proven predecessor, a ring-fenced structure and durable demand fundamentals.

    Proven Sell-Through

    Tower I · 100% Sold

    Horizon Tower I is fully sold, validating pricing, absorption and buyer profile ahead of Tower II launch.
    01

    Institutional-Grade Location

    400 m to Coast

    Seaside Larnaca — EU jurisdiction, non-dom regime, 300+ sunshine days and a €1.2B waterfront regeneration underway.
    02

    Ring-Fenced SPV

    €55M Guide

    Dedicated Special Purpose Vehicle with clean title, approved masterplan and advanced-stage permits — transparent governance and defined exit.
    03

    Diversified Buyer Demand

    4 Region Demand

    Sustained pipeline from EU, MENA, CIS and UK buyers underpinned by Cyprus residency, tax and lifestyle proposition.
    04
    Executive Overview

    A rare seaside development, delivered under an exclusive Aliant mandate.

    Horizon Tower II is a landmark luxury residential development located in one of Larnaca’s most desirable seaside areas. Following the outstanding success of Horizon Tower I, which is fully sold, the second tower presents a rare opportunity for investors to participate early in a high-end development through a dedicated Special Purpose Vehicle.

    The project is designed to deliver exceptional lifestyle, premium finishes and strong capital appreciation potential, supported by demand from local and international buyers.

    Development Composition

    Six residential towers. A curated mixed-use core.

    Shops
    0
    Offices
    0
    Floors
    0
    Restaurants
    0
    Commercial Buildings
    0
    Residential Towers
    0
    Project Video
    Residence Typologies

    Signature residences, sea-facing.

    01
    One-Bedroom Residence

    Total Area

    Up to 70 m²

    Delivery

    Q3 2029

    02
    Two-Bedroom Residence

    Total Area

    Up to 123 m²

    Delivery

    Q3 2029

    03
    Three-Bedroom Residence

    Total Area

    Up to 142 m²

    Delivery

    Q3 2029

    Floorplans · Data Room

    Interactive floorplan viewer.

    Explore each residence typology — dimensions, orientation and sea-view aspect. Full architectural drawings are released to qualified investors following execution of Aliant Advisory’s NDA.

    SEA N SCHEMATIC

    Available under NDA

    Detailed floorplans released in the data room

    TYPE A · RESIDENCE

    One-Bedroom Residence

    Total area
    Up to 70 m²
    Bedrooms · Baths
    1 · 1
    Balcony
    8–12 m²
    Orientation
    South / South-East
    View
    Sea & marina
    Available floors
    Floors 3–14

    Detailed drawings, sections, dimensions and finishing schedules are released to qualified investors following execution of Aliant Advisory's NDA.

    Floorplans · Data Room

    Nine exclusive facilities, reserved for residents.

    From infinity pools and hydrotherapy spas to a private padel court, Horizon integrates ultra-premium amenities across the resort — every detail engineered for a permanent five-star lifestyle.
    World-Class Fitness & Wellness Exclusive Pools & Relaxation for the Whole Family Spa & Hydrotherapy Sanctuary Exclusive Padel Court for Residents Landscaped Green Areas Children's Play Area Luxury Lobbies & 24/7 Security Parking & Private Storage In-House Investor Services
    01 / 09
    01
    World-Class Fitness & Wellness

    Multiple private gyms spread across the resort. Each private facility, reserved exclusively for residents, spans an impressive 500 sqm and is equipped with state-of-the-art equipment — designed to inspire a healthy and active lifestyle.

    02
    Exclusive Pools & Relaxation for the Whole Family

    Multiple private swimming pools exclusively for residents, so every member of the family can enjoy a safe and relaxing experience. Complemented by open poolside bars serving refreshing drinks and light bites.

    03
    Spa & Hydrotherapy Sanctuary

    An indoor wellness suite with hydrotherapy pool, sauna, steam and treatment rooms — a private sanctuary designed for restoration.

    04
    Exclusive Padel Court for Residents

    Professionally designed padel court, available exclusively to residents. This luxury amenity provides the perfect setting for recreation, fitness, and social interaction — bringing a vibrant sporting spirit to life within the resort.

    05
    Landscaped Green Areas

    Lush green areas thoughtfully integrated into the masterplan — landscaped gardens, walking paths and relaxation zones offering a private oasis of quiet moments and community.

    06
    Children's Play Area

    Special spaces for the youngest residents with modern equipment, soft surfaces and vibrant surroundings — a joyful, secure environment for children to play, explore and grow.

    07
    Luxury Lobbies & 24/7 Security

    Every building welcomes residents and guests with grand luxury lobbies set to a tone of sophistication and comfort. Complemented by 24/7 security and concierge services for privacy and peace of mind.

    08
    Parking & Private Storage

    Every apartment comes with a covered parking space and a private storage unit in the basement — both included in the purchase price.

    09
    In-House Investor Services

    A complete peace-of-mind solution with an in-house management company handling short- and long-term rentals in collaboration with an established external partner — high occupancy, professional care and maximised returns.

    × Enlarged View

      THE FILM Horizon Towers · Larnaca Riviera
      ×
      Larnaca

      The City of Tomorrow.

      Nestled on the southern coast of Cyprus, Larnaca offers a captivating blend of rich heritage and modern living — with golden beaches, over 300 days of sunshine and the crystal-clear Mediterranean Sea. Its strategic location ensures excellent connectivity to Europe, the Middle East and North Africa, supported by well-developed infrastructure and maritime links.

      Larnaca is entering a new era of growth, with major developments along the waterfront and across the city enhancing lifestyle, infrastructure and leisure. This transformation strengthens Larnaca’s appeal as both a vibrant place to live and a compelling destination for institutional capital.

      400 m

      Coastline

      300+

      Sunshine Days

      9.4 km

      Airport

      Floorplans · Data Room

      Interactive floorplan viewer.

      Explore each residence typology — dimensions, orientation and sea-view aspect. Full architectural drawings are released to qualified investors following execution of Aliant Advisory’s NDA.

      +38%

      Larnaca luxury price growth (5Y)

      SOURCE · RICS CYPRUS 2025

      €1.2B

      Waterfront regeneration pipeline

      SOURCE · LARNACA MUNICIPALITY

      300+

      Days of sunshine per year

      SOURCE · CYPRUS MET. SERVICE

      0%

      Non-dom tax on foreign dividends

      SOURCE · CYPRUS TAX CODE

      Location & Market

      Larnaca — Cyprus coastal growth story.

      Situated in Larnaca — Cyprus fastest-growing coastal city — the development sits within minutes of Finikoudes Beach, Larnaca Marina, the historic Church of Saint Lazarus and Larnaca International Airport. The area combines mature infrastructure with an accelerating pipeline of institutional-grade investment.

      Larnaca Marina
      2.0 km
      Finikoudes Beach
      2.3 km
      Larnaca International Airport
      9.4 km
      Metropolis Mall
      4.4 km
      American Academy Larnaca
      1.9 km
      American University of Cyprus
      2.1 km
      Larnaca is benefiting from EU membership, non-domicile tax status for international residents, robust tourism growth and expanding aviation and marina infrastructure — driving durable demand for premium seaside residences.
      Connectivity Map

      Distance from Horizon Tower II

      • 01Larnaca Marina2.0 km
      • 02Finikoudes Beach2.3 km
      • 03Larnaca International Airport9.4 km
      • 04Metropolis Mall4.4 km
      • 05American Academy Larnaca1.9 km
      • 06American University of Cyprus2.1 km
      Investment Structure

      A ring-fenced SPV — from capital commitment to investor return.

      Step 01

      Investor Capital

      Committed capital deployed into a dedicated SPV.

      Step 02

      SPV

      Ring-fenced vehicle holding the development rights and permits.

      Step 03

      Development

      Design, permitting and pre-construction management.

      Step 04

      Construction

      Delivery under an approved construction budget and timeline.

      Step 05

      Sales / Exit

      Unit sales programme or block exit to institutional buyer.

      Step 06

      Investor Return

      Distributions and capital return to SPV investors.

      The transaction is structured through a dedicated Special Purpose Vehicle, providing investors with a ring-fenced participation in the development, transparent governance, and a defined path to realisation through unit sales or a strategic exit.
      Transaction Timeline

      Key milestones — de-risking the path to delivery.

      1. Q4 2024

        Masterplan approved & Tower I fully sold

      2. Q1 2026

        Tower II design & permitting advanced

      3. Q3 2026

        SPV structuring & investor onboarding

        Current Stage
      4. Q1 2027

        Ground-breaking & pre-sales launch

      5. Q3 2029

        Practical completion & unit handover

      6. 2030+

        Sell-down / block exit window

      Use of Funds

      Indicative capital allocation.

      Capital deployed by the SPV is allocated across land, construction and delivery, with clearly defined reserves. Actual allocation is detailed in the Information Memorandum.
      • Land & acquisition costs 22%
      • Hard construction costs 55%
      • Soft costs (design, permits, PM) 8%
      • Finance costs & reserves 9%
      • Sales, marketing & advisory 6%

      Indicative allocation only. Final allocation is subject to detailed budget and confirmed in the Information Memorandum.

      Risk Factors & Mitigants

      Institutional risk framework.

      Each identified risk is paired with the mitigant embedded in the SPV structure, contracts and governance. A full risk register is included in the Information Memorandum.

      Risk 01

      Construction & delivery risk

      Cost inflation or programme delays can affect returns during the build phase.

      Mitigant

      Fixed-price main contractor tender, contingency reserve within budget and staged milestone disbursement supervised by the SPV.

      Risk 02

      Market & absorption risk

      Sell-through pace depends on Cyprus and international demand for premium seaside product.

      Mitigant

      Pre-sales strategy, tiered pricing, and Tower I precedent (fully sold) supporting proven absorption in the same masterplan.

      Risk 03

      Regulatory & permitting

      Cyprus planning framework can be subject to timing variability on approvals.

      Mitigant

      Masterplan already approved, Tower II permitting advanced, and local advisors retained end-to-end.

      Risk 04

      Currency & tax

      Non-EUR investors carry FX exposure; tax treatment depends on investor jurisdiction.

      Mitigant

      SPV distributes in EUR; Cyprus non-dom regime and double-tax treaties assessed case-by-case with tax counsel.

      Risk 05

      Liquidity

      Development equity is illiquid over the hold period.

      Mitigant

      Defined exit window (sell-down or block sale) and clear waterfall documented in shareholder agreement.

      Risk 06

      Sponsor & governance

      Execution depends on SLK Development's continued delivery capacity.

      Mitigant

      Ring-fenced SPV, independent board seats for institutional investors and reporting cadence set in the IM.

      Sponsor Track Record

      SLK Development · delivered projects.

      Completed 2025

      Horizon Tower I

      Units

      ≈ 90 luxury units

      Sell-through

      100%

      Fully sold ahead of practical completion.

      Completed 2022

      SLK Coastal Residences

      Units

      60+ units

      Sell-through

      >95%

      Delivered on programme; premium finish specification.

      Completed 2020

      SLK Larnaca Mixed-Use

      Units

      Residential + retail

      Sell-through

      Fully leased/sold

      Reference project for retail and residential integration.

      About the Developer

      Horizon Towers Developer

      SLK Development

      The sponsor is an established Cyprus-based developer with a track record of premium residential delivery. Horizon Tower I is fully sold, reflecting strong sales execution and reputation among domestic and international buyers.

      • 01 Horizon Tower I — fully sold
      • 02 Long-standing local delivery partners
      • 03 Institutional-grade project governance
      • 04 Established sales & marketing infrastructure

      Data room access, on qualification.

      PUBLIC MATERIALS

      • Project Teaser PDF
      • Public Brochure PDF
      • Selected Renders GALLERY
      • Promotional Video VIDEO

      CONFIDENTIAL DATA ROOM

      • Detailed Investment MemorandumPDF
      • Financial ModelXLSX
      • Construction BudgetPDF
      • Development TimelinePDF
      • Legal & SPV DocumentationDATA ROOM
      • Due Diligence MaterialsDATA ROOM



        NDA REQUIRED

        Qualify for confidential access.



        Your details are handled confidentially by Aliant Advisory.

        Access to confidential materials is granted on a case-by-case basis to qualified investors following execution of Aliant Advisory's NDA.

        Investor process.

        1. 1

          Express Interest

          Submit the form on this page to register your interest.

        2. 2

          Receive NDA & Engagement Terms

          Aliant Advisory sends standard NDA and engagement terms by email.

        3. 3

          Complete Investor Qualification

          Confirm investor profile, capacity and jurisdiction.

        4. 4

          Meet an Aliant Advisory M&A Expert

          Introductory call to align on objectives and process.

        5. 5

          Receive Approved Deal Materials

          Access to the confidential data room and detailed materials.

        6. 6

          Proceed to Discussions & Due Diligence

          Detailed diligence, term negotiation and transaction execution.

        Your Aliant Advisory Contact

        Speak directly with the transaction lead.

        Aliant Advisory is acting under an exclusive mandate. Qualified investors are introduced to a dedicated M&A partner for confidentiality documentation, data-room access and process management.

        Real Estate & Private Capital

        Aliant Advisory · M&A Team

        Exclusive Transaction Advisor

        Request Introduction
        Horizon Tower

        Interested in this Opportunity?

        Access the confidential materials for Horizon Tower II.

        Submit your interest to receive Aliant Advisory's standard NDA and engagement terms by email. Once completed, you will be introduced to an Aliant Advisory M&A expert.

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