A large-scale mixed-use development project is in the pipeline in Limassol’s Agia Fyla aims to transform the area into an innovation and business hub. Costing €856 mln, the project’s developers envision world-class
In a bid to become Cyprus’ second city, a huge development project along Larnaca’s once-industrial coast hopes to transform the area into a vibrant and sustainable community. Now the oil tank eyesores
Sustainability is an increasingly important consideration for financiers and stakeholders as they align their organisations and investments with their values and address the risks and opportunities presented by climate change and other
Once lagging in urban development compared to the other cities, Larnaca is now at the forefront, argue stakeholders, pointing to key projects about to take off. Talking to the Financial Mirror, the
The €1.2 bln integrated port-marina development project in Larnaca is the largest ever undertaken in Cyprus, said Transport Minister Yiannis Karousos. He expressed satisfaction that the Cyprus-Israeli venture is proceeding with implementing
It is a given that Larnaca has so far seen the least growth of the towns, both in the commercial and tourist sectors. Also noteworthy are the Mayor/Municipality of Larnaca’s continuous efforts
Larnaca’s makeover is not limited to the €1.2 bln redevelopment of its marina and port already taking shape, as two residential towers and a hotel called the Staston Project has been given
Israel’s NewMed Energy, one of the partners in the Chevron-operated Aphrodite gas field in Cyprus, announced in its Q1 2022 financial report released on May 23 that talks are underway with the
In a landmark move, the British Bases is lifting restrictions on property development within non-military areas, allowing for business and tourism growth stunted for decades. Nicosia describes the move as ‘historic’ and
Real estate and property development contribute to creating job opportunities and the growth of the Cyprus economy. Development is controlled by the existing town planning zones, which set certain factors, such as
