Idoneus has acquired a new luxury property in Cyprus

Premier digital currency for luxury assets Idoneus  has signed a contract to acquire a luxury estate on the Mediterranean island of Cyprus. This addition to the asset portfolio is one of several strategic property acquisitions planned in the Mediterranean which they intend to expand significantly in 2020.

This private estate includes five luxury villas with 11 total bedrooms and eight bathrooms situated on 6,000 square meters (1.48 acres). The villas have a total gross size of 2,600 square meters (27,986 square feet) and have a net size under air of 2,000 square meters (21,527 square feet).

The main villa has three bedrooms and four bathrooms. It was designed to incorporate comfort, luxury, simplicity and grandeur, which can be seen throughout the residences’ study room, fitness room, sauna, relaxation room, and cinema room. The villa features an elegantly designed and spacious master bedroom, with an eye-catching dressing room and bathroom. There are also 3 halls and 2 kitchens in this luxury residence.

The 4 auxiliary houses each have their own kitchen area, lounge, two bedrooms, and one bathroom.

The outside features a semi-Olympic swimming pool, bar area, private jacuzzi room designed to be connected to a swimming pool and a mini swimming pool, as well as a private kitchen and dining area where one can comfortably accommodate their guests. Also on the property is a private garage.

“We are pleased that we have reached a formal agreement to acquire this beautiful property in the Mediterranean. This luxe retreat is one of the very finest in the region and will be a fantastic addition to the Idoneus Ecosystem, as it will allow individuals to experience Cyprus at an exceptionally high-level. This estate is one of the multiple properties in the region that we intend to add to the portfolio in 2020” says Tim O’Leary, Vice President of Portfolio Development.

Blaise Carroz, Senior Advisor, Global Acquisitions, served as lead advisor for the transaction.

Idoneus is “The Premier Digital Currency for Luxury Assets”. Based in the famed “crypto valley” of Zug, Switzerland, Idoneus was created by leading industry professionals representing over a century of combined experience in international luxury asset trading, international banking & wealth management, strategic planning, as well as the newly emerging sectors of fintech, blockchain, tokenization, and cryptocurrency. Idoneus is leading the luxury asset trading space with the strategic addition of a cryptocurrency token being added to the proven model of barter to connect its strategic partners, asset owners, and token holders on one integrated blockchain-based ecosystem.