Confirmation of construction of new marina in Cyprus

The long-awaited confirmation of the new Paphos marina was finally announced recently.

Construction has been awarded to a well-established property developer, and the marina will have berths for 1000 vessels, as well as a restaurant, bar and car-park.

The great news is that, according to a Cypriot newspaper, property investors who own homes in the surrounding land have seen their Cypriot real estate triple in value since the decision was made.

This bodes very well for anybody interested in investment property in Cyprus, and we are delighted to pass on the news.