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
Cyprus’ largest investment project, the €1.2 bln redevelopment of Larnaca port and marina, is on track as the final touches are added to the blueprints before the consortium takes over next April.
By Nicole K. Phinopoulou The main pillar of consideration for creating a viable strategy; What does it take to achieve any business goal? If we want to be honest and crystal clear,
By Nicole K. Phinopoulou On July 21, Finance Minister Constantinos Petrides addressed an online conference and presented the long-term strategy for sustainable economic growth (Cyprus 2035 “Vision”), embracing the scope of the
While Larnaca anticipates landscape-changing developments, other projects have been cancelled with investors backing out such as the Russian who wanted to build a €170 mln luxury hotel on the seafront. Larnaca is
Long-awaited €1.2 bln redevelopment of Larnaca port and marina jumped the final hurdle on Friday as the Cyprus government signed contracts with Cypriot-Israeli investors. At the signing ceremony, President Nicos Anastasiades expressed
Larnaca will see its fair share of new developments with several luxury high-rise building projects, hotels and a shopping mall being built by local and foreign investors. Once lagging behind other towns
