Tourism continues to sustain substantial growth, with the number of tourists exceeding 2,5m every year.
As well as the increase in property sales, a number of large-scale development projects, such as leisure & theme parks, luxury resorts, marinas, tourism resorts and golf courses are underway, attracting significant levels of foreign investment.
Also, underway, will be the creation of a single Integrated Casino Resort, a landmark attraction that will add value to the island’s tourism. The new casino will be become one of the leading Integrated Casino Resorts in Europe and amongst the best in the world, exceeding five-star requirements and offering numerous leisure services such as hotels, spas and conference centres.
Following the success of the Limassol Marina, new luxury marinas are also in the pipeline for Larnaca, Ayia Napa, Paralimni and Paphos