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Kornos on the Rise: The €20 Million Transformation Vision

Revitalizing Kornos: A €20 Million Investment in Progress

Kornos is poised for a transformative period with groundbreaking projects valued at over €20 million now underway, as confirmed by Lefkara mayor Sofoklis Sofokleous. Aiming to usher in significant changes, this investment heralds a bright future for the community over the next few years.

Investing in Sports and Community Spaces

A key project within this development is the highly anticipated €18 million Sports Centre led by the Cyprus Football Federation (Kop). Recently granted planning permission, construction is set to commence in early 2026, targeting a 2028 completion. This state-of-the-art facility will boast a stadium accommodating 1,500 spectators, multiple training fields, and housing for athletes.

In conjunction, a €2 million multipurpose venue is under construction, destined to fill a void in the community’s event-hosting capabilities. This venue will be equipped with conference rooms, an event hall, and essential parking amenities.

Embracing Tradition and Modernity

The municipality endeavors to preserve Kornos’ cultural heritage by converting historic sites into interactive museums focused on traditional crafts, like the art of red clay vase making. Education is also being prioritized, with talks underway to establish a Technical School in Kornos, as announced by President Nikos Christodoulides.

Future Prospects

Additional projects include a Citizen Service Centre and new public parks, enhancing lifestyle and community wellbeing. Discover more about how Cyprus continues to evolve with strategic investments in our latest housing market insights.

€50 Million Luxury Resort Planned For Ayia Napa

Ayia Napa could strengthen its position in the premium tourism market with a proposed €50 million mixed-use resort combining a hotel, serviced apartments, luxury bungalows and a beach club.

Aesara Investments Ltd has submitted an information form to the Department of Environment for a development to operate under the name Atlantica Wavemaster Hospitality. The project is planned for the Limnara area of Ayia Napa, along the coast south of Kryou Nerou Avenue, between the town centre and Cape Greco.

Hotel, Apartments And Luxury Bungalows

The proposed resort will include a 324-room hotel with capacity for 648 guests, alongside a condo-hotel building containing 20 one- and two-bedroom apartments. Facilities are planned to include restaurants, bars, cafés, a spa with an indoor pool, a gym, shops, a multipurpose hall, a children’s club and a cinema.

A further 33 three-level luxury bungalows, each designed for two guests and featuring a private swimming pool, are planned for the southern part of the site. A beach club with a restaurant and an outdoor pool complex covering more than 6,300 square metres will also form part of the development.

The project includes 321 parking spaces, including 12 for people with disabilities, and 14,196 square metres of landscaped green space featuring local plant species.

Seasonal Hotel Operations And Year-Round Residences

The hotel is expected to operate from March to November, with peak occupancy during the summer season. The condo-hotel apartments, meanwhile, will be available for sale or long-term rental and intended for year-round residence. Owners and tenants will also have access to the resort’s facilities, including its pools, restaurants and fitness areas.

Construction is expected to take 24 months once the required permits are secured. At the busiest stage, the project could employ around 100 workers per day.

Environmental Restrictions Near Cape Greco

The site’s proximity to protected Natura 2000 areas has prompted strict environmental requirements. The Cape Greco Special Protection Area borders the site to the south, while a Special Area of Conservation lies approximately 50 metres away.

Conditions imposed by the Department of Environment include a maximum building height of five floors, or 18.5 metres, and restrictions on permanent structures near the coastline. The project must also use spider-web type glazing and low-intensity lighting to minimise disturbance to local birdlife.

According to the project’s consultants, the design has been prepared to comply with the environmental conditions and the final report on cumulative impacts for the Cape Greco Special Protection Area. The hotel and apartment building are positioned in the central and northern parts of the plot, away from the shoreline.

Within the designated no-build zone, located 40 metres from the boundary of the beach protection zone, only swimming pools are planned. The consultants state that these are not expected to affect protected species in the area.

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