Choose language:

Choose language:
Call us: +357 (24) 822 870
Cypriot Passport Acquisition and Permanent Residence Permit
Repossession Property Yield Properties

Latest news

  • 27 December 2017 Приобретение земли и собственности на Кипре: что нужно знать

    – Недвижимость, приобретаемую на Кипре,... read more

  • 27 December 2017 На Кипре построят новые высотные здания

    На Кипре построят новые высотные здания read more

  • 12 December 2017 November property sales up 39 percent

    Property sales in Cyprus rose 39 per cent in November compared with November... read more

  • 6 November 2017 Parliament approves bill on building land

    The new bill imposing VAT on building land has been approved by parliament... read more

  • 13 October 2017 What is the VAT settlement on plots Applies from 2018

    19% VAT is limited to the purchase and sale of undeveloped land that will be... read more

Cypriot Passport Acquisition and Permanent Residence Permit
Repossession Property Yield Properties

Latest news

  • 27 December 2017 Приобретение земли и собственности на Кипре: что нужно знать

    – Недвижимость, приобретаемую на Кипре,... read more

  • 27 December 2017 На Кипре построят новые высотные здания

    На Кипре построят новые высотные здания read more

  • 12 December 2017 November property sales up 39 percent

    Property sales in Cyprus rose 39 per cent in November compared with November... read more

  • 6 November 2017 Parliament approves bill on building land

    The new bill imposing VAT on building land has been approved by parliament... read more

  • 13 October 2017 What is the VAT settlement on plots Applies from 2018

    19% VAT is limited to the purchase and sale of undeveloped land that will be... read more

Larnaca marina edging forward

   

THE LARNACA marina and port project, which has been stalled for more than 10 years by bureaucracy and legal battles between competing bidders, seems to be moving forward. According to a statement made on Tuesday by Transport Minister Marios Demetriades the target is to sign contracts for the  ambitious project by the end of 2017. In November last year the government requested submissions of interest by prospective investors and expected that the successful bidder would be selected by August 2017. Larnaca marina development strategies The first development strategy includes the creation of a marina to hold 750 50-metre yachts, 50-60 mega and Giga yachts and a 300m cruise ship. The second choice provides 600 50-metre yachts, 25 mega or Giga yachts and a 250m cruise ship, while the third choice is identical to the second but has place only for 10-15 mega and Giga yachts. The second choice, estimated at €150-€185 million seems to be the most advantages of the three, while all three plans have 20,000m² available for apartments and villas, 7,000-10,000m² for offices, a commercial centre and a 250-bed luxury hotel. The northern part of the 510,000m2 site will be used exclusively for port operation.

Read more at: http://www.news.cyprus-property-buyers.com/2017/03/01/larnaca-marina-edging-forward/id=00152222
Copyright © Cyprus Property News