Larnaca designated as city with best investment opportunities

Larnaca designated as city with best investment opportunities

The real estate platform INDEX designated Larnaca as Cyprus’ key destination for investors and homebuyers in the real estate market, based on a recent analysis. This analysis, derived from over 4,200 real estate listings on INDEX, showed a 36 percent price discount on pre-owned properties compared to new ones in Larnaca, with the median price per square meter for new real estate at €3,619 and for pre-owned properties at €2,289. The analysis considered 19 percent VAT for new assets and 4 percent Transfer of Title Fees for pre-owned ones. Differences in pricing between new and pre-owned properties were also noted in other regions, such as Limassol (25 percent difference), Nicosia (27 percent), Paphos (27 percent), and Famagusta (21 percent), based on an analysis of 24,773 new properties and 4,539 pre-owned ones. The report highlights Larnaca’s attractiveness for investment and residential opportunities, with a growing trend of buying and flipping pre-owned properties for profit.

Getting ready for Fengaros

Getting ready for Fengaros

The Fengaros Music Village will hold its eleventh edition from July 25 to 30, 2024, in Kato Drys village, Larnaca district. This event, occurring before the annual music festival, features six days of masterclasses led by industry professionals. It aims to be a hub for knowledge exchange and creative collaboration, welcoming participants of any level. The workshops are divided into three main pillars: Traditional sounds, textures & words; Modern songwriting, improvisation & techniques; and Vocal and Performing Arts (Voice, theatre, and movement). Additionally, the evenings will feature free jam sessions at the village’s central coffeeshop.

Warnings to public on Green Monday

Warnings to public on Green Monday

Authorities have issued advisories for Green Monday celebrations, including a warning from the department of civil aviation against flying kites or drones near Larnaca and Paphos airports due to interference risks with aircraft. The forestry department has urged the public to protect natural habitats, avoid damaging protected species, practice responsible waste disposal, and cautioned against unauthorised fires. It also warned about a threat to pine trees from a sawfly insect infestation.

Larnaca mayor attends event highlighting city, ’s real estate potential

Larnaca mayor attends event highlighting city, ’s real estate potential

Shuna Group, an international investment company, hosted a three-day event in Larnaca to showcase opportunities in the city’s real estate sector. The event, supported by Larnaca mayor Andreas Vyras, was named ‘Launching Larnaca Living’ and attracted over 200 guests, including potential clients and key stakeholders. Shuna Group aims to leverage Larnaca’s potential as Cyprus’ most up-and-coming coastal destination. The conference featured presentations of Shuna Group’s projects, speeches by Larnaca mayor Andreas Vyras and Shuna Group founder Ori Huna, and highlighted Larnaca’s infrastructural evolution and future projects like the Land of Tomorrow and the new Marina. A panel discussion during the event focused on the advantages of investing in Larnaca’s real estate, emphasizing its strategic location, growing market, stable economy, tourism appeal, government initiatives, and quality of life.

Overnight pharmacies for Thursday, 14 March

Overnight pharmacies for Thursday, 14 March

The text provides a list of individuals along with their addresses and contact numbers, categorized by their locations in Nicosia, Limassol, Larnaca, Paphos, and Paralimni. Each entry includes the name of the individual, their address, and one or two telephone numbers.

Thematic Framework for Larnaca Biennale 2025: “Tracing Lines and Marks”

Thematic Framework for Larnaca Biennale 2025: “Tracing Lines and Marks”

The Larnaca Biennale 2025, curated by Sana López Abellán, is themed “Tracing Lines and Marks” and will run from October 15 to November 28, 2025. It invites artists to explore the role of lines and marks in expressing the human experience. The submission period for artworks is from June 1, 2024, to March 31, 2025, through the Biennale’s website. A program of parallel events will also occur, with submissions for these events open from July 1 to October 31, 2024. The Biennale aims to investigate how lines can represent connections, movements, and expressions of humanity. Further details and submission guidelines are available on the Larnaca Biennale website.

Accessibility in love

Accessibility in love

The performance “Bodies We Fall For” will be presented on March 29 at Skala Municipal Theatre in Larnaca, focusing on the theme of love and the types of bodies people are attracted to. It features two young women, Naya and Panayiota, who share their experiences and thoughts on love, dating, and accessibility. The play is notable for its inclusivity, offering features such as live interpretation in Cypriot Sign Language, subtitling for the hearing impaired, tactile guidance, and audio description for the visually impaired. This performance, which was first shown at the 2nd Beyond DisDance Festival in Limassol, is designed to be accessible to individuals with visual, auditory, and mobility impairments. Tickets are available for €12.

Man held with cannabis at Larnaca Airport

Man held with cannabis at Larnaca Airport

Days after finding two unclaimed bags with nearly 43 kilograms of khat at Larnaca Airport, Customs intercepted another unclaimed suitcase filled with marijuana. The suitcase, which had traveled from Singapore to Munich and then to Cyprus, contained 16 kilograms and 752 grams of cannabis. A 26-year-old man from Britain, who was the registered owner of the suitcase, was arrested upon trying to claim it. He admitted ownership of the drugs but did not disclose if he intended to deliver them to anyone in Cyprus. He is set to appear before the Larnaca District Court for a detention order.

Pattichion Park redevelopment gets partial go-ahead after wildlife concerns

Pattichion Park redevelopment gets partial go-ahead after wildlife concerns

Plans to revamp Larnaca’s Pattichion Park were initially halted due to public opposition and concerns over bird nesting season. However, an agreement between the Larnaca Municipality and wildlife authorities has allowed some construction to resume with restrictions to avoid disrupting wildlife. Limited construction activities permitted between March and June include repairing the Pattichion Amphitheatre, removing formwork at the cafeteria building, constructing parallel parking along Ipirou Street, and building a modified car park near Artemidos Avenue with fewer spaces to protect trees. A pre-construction wildlife check is required for the car park construction to ensure no active nests are disturbed.

Amalthea Gaza aid operation to be intensified, Spokesman says

Amalthea Gaza aid operation to be intensified, Spokesman says

The “Amalthea” humanitarian aid operation for Gaza, announced by Government Spokesman Konstantinos Letymbiotis, will be continued and intensified to deliver more aid to the civilian population. Cyprus has developed an additional tool to supplement existing aid channels, requiring collaboration with regional and international partners for maritime resources, safe transport, and distribution of aid to Gaza. The first aid ship from Larnaca marks the activation of the Amalthea Plan, establishing a systematic maritime corridor for humanitarian aid. The initiative has been welcomed by the President of the European Commission and involves joint efforts with countries like the United Arab Emirates, the United States of America, and the United Kingdom. Cyprus, utilizing its geographical proximity and relations, champions this maritime corridor based on international humanitarian law. Greece is among the countries supporting this initiative, having signed the Joint Declaration issued on 8 March. The initiative has been presented in international forums and to the European Council, aiming to enhance Cyprus’s role in the region and provide life-saving aid to civilians in the Gaza Strip. Letymbiotis also denied claims about Israel’s interest in purchasing a port in Cyprus, calling the report unfounded and false.