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Cyprus Property Lawyers – Review – Larnaca Marina – Completed on 26^th July 2010.

Larnaca Marina is reportedly one of the biggest developments on the Cyprus Island taking place today.

Agia Napa. Paphos and Limassol Marinas are very close behind, but with a whooping one billion Euros being put into the Larnaca Marina by private investors, this development is set to be the king of all developments.

What is very interesting is that for many years it was very clear that the existing marina was in desperate need for improvement, but nobody was actually interested in taking on the project.  However, with such growth and high demand for marina lifestyle in Cyprus and property, the private financial sector has definitely seen the potential in this kind of development.

The new Marina will consist of up to a thousand births for boating vessels and surrounding areas will entail luxury new hotels and villas.

The old Larnaca port will be upgraded and then expanded to make the marina one of the largest on the island.  In return, allowing large cruise ships to dock at the Marina which has not been possible until now.

The new Marina will enable Larnaca not only a buzzing and thriving yachting destination and tourist centre but also an international commerce centre offering the maximum potential for major shipping trade.

Each Marina in each coastal town is going to help our economy in so many different ways, such as the property markets, employment and business revival.

This month we are covering a lot on the up and coming new Marinas. This new trend has taken the island by storm and we are ecstatic to be apart of this.

As established International Property Lawyers we are here to help with all property and yachting law requirements and we will definitely be on top of all progression being made on each marina and inform our readers in the first instance.

PUBLISHED BY A&G KOUZALI ON 26^TH JULY 2010. http://www.lawcyprus.org/

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