New five-story hotel unit in Larnaca
A new hotel development is set to launch in a thriving tourism zone, featuring 182 beds and a wide array of high-end facilities. Designed for leisure and wellness tourism, the hotel will include a restaurant, bar, cafeteria, spa, gym, and dual swimming pools (indoor and outdoor). It’s strategically built to support year-round operation, with amenities […]
Cyprus Sets Clear Course for Schengen Membership, Easing Travel & Lifting Investment Appeal
Cyprus is on track to join the Schengen Area by the end of 2026, driven by a concerted push to complete technical adaptations by late 2025. President Nikos Christodoulides proudly asserts that a “huge effort” is underway to meet visa‑code, border‑control, security, and return‑policy criteria, enabling full entry into the zone in 2026. Supporting this […]
Plans to link Cyprus and Lebanon by ferry confirmed
New Ferry Link Between Cyprus and Lebanon Confirmed Transport Minister Alexis Vafeades has officially confirmed that investors plan to launch a new passenger ferry service connecting Larnaca (Cyprus) with Jounieh (Lebanon). The government supports the initiative, aimed at enhancing island connectivity and facilitating tourism and trade. While operators expect services to begin “imminently,” no exact […]
Cyprus Airports Get €170M Upgrade to Welcome More Tourists
Cyprus is investing €170 million to expand Larnaca and Paphos airports, with construction set to begin in late 2024. The upgrades aim to boost capacity, improve passenger flow, and enhance traveler comfort. Larnaca Airport will see expanded gates and terminal areas, while Paphos will benefit from additional baggage systems and border control areas. These improvements […]
Major Urban Redevelopment to Transform Former Industrial Zone in Larnaca
A major urban redevelopment initiative is underway in Larnaca, aiming to transform a former industrial zone into a vibrant residential and commercial hub. The project involves the construction of six modern residential towers, offering over 450 apartments, including one-, two-, and three-bedroom units, as well as penthouses. The towers will range from 16- to 20-storeys […]
Larnaca Port and Marina: Agreement Signed with Greek HRADF – Study for Future Development Begins
Larnaca’s port and marina are entering a new era of development. The Cypriot government is partnering with Greece’s HRADF to conduct a comprehensive study that will determine the long-term strategy for the area’s growth and usage. This comes after the state terminated its previous deal with Kition Ocean Holdings a year ago. In the meantime, […]
Cyprus Business Now: Larnaca tourism, real estate market, government deficit
Larnaca’s Tourism and Real Estate BoomLarnaca has emerged as a popular location for European baby boomers, ranking first in a TUI poll based on visitor feedback. The city’s popularity stems from its combination of seaside beauty and cultural activities, such as excursions to the Troodos highlands and the villages of Lefkara and Fikardou. This demographic […]
“Προχωρά η διαδικασία υλοποίησης του yacht club στη Λάρνακα”
The government of Cyprus is advancing the process for establishing a luxury yacht club at the marina of Ayia Napa. This project is seen as a significant investment aimed at boosting tourism and the maritime sector in the region. The yacht club will offer high-end services to yacht owners, providing amenities such as berthing, refueling, […]
Larnaca-Dhekelia coastline
“A journey from industrial hub to innovation” “For decades, the Larnaca-Dhekelia road was a symbol of industry. The rhythmic hum of oil tankers and the silhouette of towering fuel tanks defined this coastal stretch. But today, a new vision rises from its industrial past—a future brimming with possibility. The Lefkaritis Group were the first to […]