6 August, 2019

The New Face of Ayia Napa

While Cyprus is aiming and hoping to develop its tourism infrastructure to extend the island’s appeal beyond the sun, sand and sea product, Ayia Napa is taking visible, tangible and most enjoyable steps to achieve that goal.

In addition to the extension of existing hotels and the development of new ones, various other projects are either in the pipeline or already under construction. All are geared towards the resort’s vision: Ayia Napa 2030. According to the town’s Mayor, Yiannis Karousos, a total of €55m are earmarked for developments that will grant Ayia Napa the status of a top tourism destination by 2030. Already this seaside resort with some of the best sandy beaches on the island attracts and accommodates over five million overnight guests, who inject some €800m a year in the island’s economy – not to mention the domestic appeal, as residents of the capital Nicosia flock to this vibrant resort for a weekend escape. Indeed, Mayor Karousos sees Ayia Napa evolving into a prime resort in the wider Mediterranean region.

Casino entertainment

Among the most prominent projects is the recently opened ‘C2 Ayia Napa’, a satellite casino of the magnificent City of Dreams Mediterranean, which is currently under construction in Limassol and ranks as the largest integrated casino resort in Europe. Located in the resort’s tourist area, C2 Ayia Napa is the third satellite casino to open after C2 Nicosia and C2 Larnaca, which began operation in 2018. With a floor area of 367m² on a plot of 13,829m², the gaming area features 50 slot machines and the Columbia Bar. The facility is open daily from 3 pm until 6 am, ready to welcome guests after a day on the beach. With ample dedicated parking available, this new facility is open to anyone over 21 and is bound to attract both visitors and Cyprus residents from the near and far.

Coming Attractions

Several other attractions are in the making, including the underwater museum, which is already under construction. This unique project near the artificial reef area is unlike any other in the Mediterranean region and is therefore expected to attract some 50,000 visitors a year, according to the mayor’s estimates.

The Ayia Napa Monastery, which is already known as the resort’s landmark and focal point, will be converted into an archaeological museum, while tenders are being prepared for projects such as a large open-air amphitheatre, which is expected to outsize all others on the island, and various upgrades in the centre and northern parts of town.

Living and lifestyle

Apart from investments in the seafront, waterfront walkways, and various beaches, a number of residential properties are also nearing completion, ready to welcome their owners. While many have been purchased for regular holidays, a number of properties from ultra-lux villas to superior suites in the centre of the resort are available for holiday rentals and are quickly identified by travellers who prefer the privacy, space and freedom of holiday accommodation with complete self-catering facilities and private pool.

One such property is City Napa Residences. Comprising only eight exclusive four-bedroom 5-bathroom detached villas, this brand new gated development allows you to easily alternate between the fun of Ayia Napa and the quiet privacy of an independent home. Within walking distance, you’ll find a beautiful Blue Flag sandy beach, water sports, a funfair, shops and restaurants, banks and pharmacies, as well as entertainment hot spots, day and night. For a change from Ayia Napa, it’s only a 5-minute drive to the activity and secluded bays of Protaras and the unspoiled nature of Cape Greco. Travellers also appreciate the easy transfer from Larnaca International Airport, which is only a smooth 30-minute drive via highway.

Projects and prospects such as these are adding value to Ayia Napa from every perspective: whether you are planning a holiday in Cyprus, hoping to retire on the island, or are interested in grasping a promising investment opportunity.

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Yiannos Trisokkas

Yiannos Trisokkas

Yiannos Trisokkas is the Director of Casamont Cyprus Ltd overseeing operations in Cyprus and Greece. He has also been the Managing Partner of Henley & Partners Cyprus Ltd since 2013, with Greece’s Golden Visa Program within his ambit. He serves as the Chairman of the Real Estate Committee and Member of the Management Board of Henley & Partners.