Larnaca expected to have strong winter tourism season
Strong Outlook for Larnaca Winter Tourism Larnaca winter tourism is on track for steady growth in 2025. Hotels across the city will remain open during the colder months, showing confidence in year-round demand. Moreover, the Larnaca Hoteliers Association president, Marios Polyviou, highlighted that the United Kingdom, Israel, and Poland remain the three most important winter […]
Larnaca: The plan for a restart of the commercial centre
Major Investment in the Heart of Larnaca Larnaca’s commercial centre is entering a new era. The municipality has launched two large-scale redevelopment projects worth more than €14 million, co-funded by the THALIA Programme. The works, which began in late 2024, target Alki and Acropolis squares as well as key central streets. City officials expect the […]
Larnaca starts eight major projects worth €400 million
The Larnaca District Local Government Organisation has announced eight major infrastructure projects worth €400 million, focusing on sewage systems, flood protection, and sustainable water management. Currently underway is Phase III of the sewage system, costing €110 million and funded by the EU’s THALEIA 2021–2027 programme, covering Dromolaxia-Meneou, Kiti, Pervolia, and Tersefanou, with completion set for […]
Huge Interest in Developments in Larnaca: Urban Planning Applications Surge by Over 70% in the Last Four Years
Larnaca is experiencing a remarkable boom in construction and development, with urban planning applications in Larnaca 2025 reaching 1,295 in the first seven months — a 53% increase compared to 2024 and a 73% rise since 2022. The surge highlights growing demand for residential and commercial projects across the city and district. According to the […]
Land of Tomorrow Launches Sales in Larnaca – Petrolina Group Unveils €45M First Phase
Land of Tomorrow Larnaca
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 […]
New Law Paves the Way for Urban Land Development
Cyprus has passed a significant new law aimed at facilitating urban land development through a process known as urban consolidation. This legislative step is designed to unlock the development potential of fragmented, underutilized, or inaccessible land in urban areas. By enabling the merging and redistribution of land plots—often hindered by complex ownership structures, legal encumbrances, […]
RICS Cyprus Property Price Index results of 2025 Q1
KPMG in Cyprus and RICS have released the Q1 2025 Cyprus Property Price Index, revealing continued growth in the local real estate market, particularly in Larnaca, which recorded the most significant value increases. According to Christophoros Anayiotos, Head of KPMG Cyprus’s Real Estate Industry Group, office properties saw the largest price and rental increases, followed […]
Larnaca Emerges as Cyprus’s Real Estate Hotspot
Recent data from the RICS–KPMG Cyprus Property Price Index for Q1 2025 shows Larnaca leading the pack in property price rises across Cyprus Larnaca is quickly becoming the new hotspot in Cyprus’s real estate market, outpacing other cities in both property price growth and rental demand, according to the latest RICS–KPMG Cyprus Property Index for Q1 […]
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 […]