It took place on Friday, July 9, 2021, at 8.00 p.m. in the recently restored building of the Complex of Creativity and Culture (Former Larnaca Club), the presentation of the process of moving the oil and gas facilities from the coastal front of Larnaca to Vasiliko and the Regional Plan.

While uncertainties remain, the Cyprus property market will continue to strengthen, with once-neglected Larnaca appearing as the most attractive town for investments in real estate.

An industry survey carried out by Danos/BNPRE Group reveals that Larnaca will be at the forefront of the property market, seeing an overdue boom.

“Developers, real estate agents and property valuers all agree that Larnaca is the place to invest.

“The town has everything going for it, with more attractive prices, while infrastructure projects underway will definitely be breathing new life into the city,” said Danos/BNPRE Group CEO Panos Danos.

The survey revealed, almost four in ten real estate stakeholders believe Larnaca is the city with the better bargains for property development.