Breaking news

Record-Breaking Passenger Traffic At Cyprus Airports: March 2025 Sees Remarkable Growth

March 2025 has proven to be a milestone month for Cyprus’s aviation industry, marking a 5.91% increase in passenger numbers compared to March 2024. Both Larnaca and Paphos airports collectively processed 707,304 passengers, establishing the highest traffic ever recorded for the first quarter of the year.

Analyzing the Traffic Surge

In an official statement, the Ministry of Transport highlighted this continuous growth, echoing the positive trends seen throughout 2024. Specifically, passenger volume at Larnaca Airport surged by 15.17%. Conversely, Paphos Airport observed an 11.45% decline in travelers year-on-year.

Key Contributors To Growth

The dynamic increase in flights reached 5,921 movements, translating to a 5.85% boost from last year. Greece, the United Kingdom, Israel, Poland, and Germany emerged as pivotal markets in this traffic escalation.

Regional Traffic Insights

Larnaca Airport celebrated significant increases on routes connecting to Israel, Greece, the UK, Poland, and Armenia. Meanwhile, Paphos Airport saw growth in traffic to Germany, Israel, Sweden, Lithuania, and Ireland.

Shifts In Regional Traffic

Despite these improvements, certain regions experienced decreased traffic. Larnaca Airport faced declines from Germany, Austria, France, Lithuania, and Hungary, while Paphos Airport saw reductions from Greece, Italy, France, Hungary, and Bulgaria.

The Rocks Project Advances Through Licensing Process In Pentakomo

Overview Of The Ambitious Development

A large tourism development in Pentakomo is moving through the licensing process. Known as The Rocks Project, the proposal includes a hotel, villas, apartments and a beach club along the coast east of Limassol.

Strategic Location And Broader Impact

Located along the coastal corridor between Limassol and Zygi, the project would form part of the wider Governor’s Beach area. The site is situated near several state and energy infrastructure facilities, including the Evangelos Florakis Naval Base in Mari, making it subject to additional planning and regulatory considerations.

Master Plan And Key Infrastructure

Situated within the administrative boundaries of Pentakomo, the development is planned for the coastal area of Argaki Tou Mavrou. The project is being promoted by DRL5COMOS Properties Ltd and is supported by an environmental impact assessment prepared by P. Nikolaidis & Associates Ltd. The assessment is available for public consultation until July 3, 2026.

According to the master plan, operations are expected to begin in 2029. Plans include a 14,000-square-metre hotel with 126 rooms, a 900-square-metre spa and wellness centre, restaurants and dining facilities, 26 villas, 73 apartments and penthouses, and a 1,050-square-metre beach club with indoor and outdoor leisure areas. Parking facilities for 240 vehicles are also included in the proposal.

Integration With The Existing Landscape

The development plan allocates 12% of the site to public green space and includes an internal road network. Project documents indicate that several existing structures, including the Kalymnos Fish Tavern and current beach facilities, would be demolished as part of the redevelopment.

Regulatory And Institutional Considerations

The licensing process is ongoing and includes consultations with relevant local and government authorities. Comments submitted by the Ministry of Defence have not been made public due to the site’s proximity to the naval base. Those observations are expected to be reviewed by the environmental impact assessment committee during closed sessions.

Conclusion

With its carefully structured vision and strategic positioning, The Rocks Project promises to be a significant catalyst for economic and social growth in eastern Limassol. As it advances through the regulatory process, stakeholders remain focused on ensuring that this landmark development meets the highest standards of design, sustainability, and community integration.

The Future Forbes Realty Global Properties
eCredo
Aretilaw firm
Uol

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