Ruby Estates

Cyprus Properties for Sale & rent

  • Home
  • Buy
    • Properties For Sale
  • Rent
    • Properties For Rent
  • Invest In Cyprus
    • Invest in Cyprus – Top 20 Benefits
    • Permanent Residency
  • News & Articles
  • About
    • About Us
    • Privacy Policy
    • Cookies Policy
  • Contact Us
+357 22 755682
Ruby Estates

Cyprus Properties for Sale & rent

  • Home
  • Buy
    • Properties For Sale
  • Rent
    • Properties For Rent
  • Invest In Cyprus
    • Invest in Cyprus – Top 20 Benefits
    • Permanent Residency
  • News & Articles
  • About
    • About Us
    • Privacy Policy
    • Cookies Policy
  • Contact Us
+357 22 755682

News

Larnaca Port & Marina Development

By

Ruby Estates

Posted in Cyprus Property News On 04/08/2020

The go ahead for the €1.2 million redevelopment of the Larnaca Marina and Port after the Transport Ministry announced on Monday the successful conclusion of the international tender.

The consortium awarded the project is Kition Ocean Holdings, of Cypriot-Israeli interests.

The project includes the restructuring of the marina for at least 650 berths, a new yacht club, private island, a retail park, creative architecture, the port and residential and commercial developments which in total span 510,000 square metres. Investments are expected to exceed €1 million and once the development is complete the Ministry estimates added financial benefits to the economy of over €120 million annually.

The complete project is expected to be completed within 10 to 15 years. Two luxury hotels, office buildings and luxury apartments of 13 – 15 floors will be included in the development.

Share
 Cyprus investment, Cyprus development, Larnaca

Recent News & Articles

  • Government extends interest rate subsidy scheme for housing & business loans
  • Increase in New Build Homes Construction
  • Cyprus Property Sales Exceed 1,000 in October
  • Rise in Cyprus Property Sales September
  • Cyprus Property Sales – encouraging increase in July

Categories

CONTACT

Zenas Kanther 12, Office 103, 1065 Nicosia, Cyprus

+357 22 755682

info@ruby-estates.com

PROPERTY TYPES

  • House / Villa
  • Apartment
  • Land
  • Commercial
    • Storage
    • Office
    • Investment

© Ruby Estates Ltd 2020. All rights reserved.

|

Ruby Estates Ltd. Registered and Licensed Estate Agency R.N. 707, L.N. 375/E

Ruby Estates
  • Login
Forget Password?

Manage Cookie Consent
We use cookies to improve your experience on our website.  By using our website you consent to all cookies in accordance with our website policy
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}