Breaking news

Upgrade Alert: Cyprus Airports’ Capacity Soars to 17M Annually!

Exciting developments are underway as Larnaca and Paphos airports initiate the second phase of their advancement projects. These efforts, spearheaded by Hermes Airports, aim to bolster the combined annual capacity of these gateways to an impressive over 17 million passengers!

This significant infrastructure overhaul involves a €170 million investment, exclusively funded by Hermes Airports. As Maria Kouroupi, Director of Aviation Development and Communication, highlights, this project promises to function as a ‘legacy for future generations,’ with goals extending through to 2040.

What’s in Store for Larnaca Airport?

The redevelopment at Larnaca Airport covers approximately 20,000 square metres over 30 months. A new wing comprising improved departure and arrival gates, additional baggage areas, and expanded commercial zones is anticipated. This will increase the passenger handling capability to 12.4 million people per year.

Enhancements at Paphos Airport

Similarly, Paphos Airport is set to witness 27 months of terminal enhancements—boosting the capacity by around 30 percent and improving both passenger flow and operational effectiveness. The southern parallel taxiway’s extension will further augment flexibility.

Once completed, Paphos will accommodate up to 5 million passengers annually, making it an integral part of Cyprus’ burgeoning travel infrastructure.

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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