Some locals worry that the newly announced marinas, Limassol and Coral Bay, will have a detrimental effect on the local property market. In fact, it is projected that the new marinas will have quite the opposite effect. Existing properties have experienced some growth in the past few years. The addition of these marinas with moorings for about 2,000 boats is only the beginning of improvements in the near future for Cyprus.
Limassol Marina
The Limassol Marina is one of two large marinas soon to be under construction in Cyprus. Limassol is the second largest city in Cyprus with a population of nearly 180,000. Located on the southern side of the island, Limassol is the perfect scenic location for a marina meeting the quality standards of the proposed marina. The Limassol Marina will consist of 1,000 berths for small to large yachts docking in Akrotiri Bay.
Coral Bay Marina
The Peyia municipality, more specifically Coral Bay, will be home to the new Coral Bay Marina. Coral Bay is located about 6km north of Paphos. This beach-front area is already home to several hotels and is considered to be one of the best beaches in Cyprus. Like the Limassol Marina, Coral Bay Marina will consist of 1,000 berths for small to large yachts docking in the Mediterranean Sea.
New Marinas in Cyprus
Only the most experienced operators will be hired to work the two newest marinas. Quality and luxury are the primary goals. Each new marina will be enhanced with luxury residential properties, shopping areas, restaurants, bars and hotels. The addition of the Limassol and Coral Bay Marinas is expected to bring with it a boom of tourism. The changes won't happen immediately of course. The marinas and all other luxurious accommodations and activities are due to be complete in 2011.
Golf Courses in Cyprus
Cyprus is currently home to three golf courses. The Aphrodite Hills Golf Club is a short drive from the Paphos-Limassol motorway and overlooks the legendary birthplace of Aphrodite. The Secret Valley Golf Club is also located near the birthplace of Aphrodite, Petra tou Romiou. The valley's beautifully landscaped gardens help bring out the beauty of the natural rock formations. The Tsada Golf Club is on the grounds of a magnificent 12th century monastery near Tsada village.
The addition of the marinas also includes ten new golf courses. Several of the new courses will be championship quality. Six of the new courses will be in the Paphos region. One PGA international standard course will be constructed just outside Paphos. In all, the investment is 300 million Euros.
Luxury Property in Cyprus
A wide variety of luxury property is already available in Cyprus. Construction on new properties, restaurants, bars, hotels and shopping areas will begin in the coming months. Some of the luxury accommodations include 5-star hotels, luxury villas and apartments. Restaurants will range from delis and sidewalk cafes to dine-in restaurants with a variety of local and international cuisine.
A travel guide for Cyprus holidays is available at http://www.yourcyprus.info
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