Ayia Napa marina changing coastline

boats-&-berths

The construction of the Ayia Napa marina is well under way, and the consortium behind it is not only planning to finish the first part of the project on time – June 2019 – but also to deliver some of the second part then too, developers said on Tuesday.

One kilometre of the coastline between the Ayia Thekla and Makronissos beach has been fenced off and more than 200 workers are working day and night to transform the area into a marina complete with berths, services, commercial developments, villas and two towers.

“Most of it is built in the sea, because we are only able to go 45 metres inland because of restrictions due to the agreement,” Ceo of the developer Stavros Caramondanis explained at the site. Equipment is busy with land reclamation, and huge parts of what used to be sea just four months ago are now land which can be sold complete with title deeds. “We are changing the map of Cyprus,” Caramondanis said.

“Nobody has ever added so much land to Cyprus.”

The company is also constructing a wave breaker from the east to the west, for which 9,000 concrete blocks are needed, as well as other wave absorbing blocks. More than 1,000 of them are already on the site, the most visible evidence of the project so far.

In all of this the company is working with the government, taking care that all inspections are carried out. All the materials used are measured and recorded and the water quality is tested on a daily basis to satisfy environmental concerns.

The first part of the project, to be finished by June 2019, includes the berths, the services for the yachts, the government office for immigration and customs and the villas and the marina will then open.

The second part is the construction of two twisted towers of with 30 floors of apartments and the commercial spaces next to the beach, which is scheduled to be completed by October 2021.

However, the consortium has plans to build the commercial premises long before as this is where they expect to make a big profit.

When finished, the company is contracted to offer services for 50 years. As part of this, apart from the 360 berths an extra 240 dry docks are planned in a building which will enable yacht owners to keep their vessels sheltered when they are not using them. Necessary repairs can be carried out in the building as well.

Another service will be the renting out of sold properties as many investors are only interested in buying villas or apartments to make a profit, not to live in them.

Construction of the entire project is estimated to cost €250 million and will employ 800 people. The project is being carried out by MM Makronisos Marina Ltd, whose shareholders are Gemini Real Estates Ltd owned by the Egyptian investor Naguib Sawiris and the Cyprus-based Caramondani Group.

An artist's impression of the finished project

An artist’s impression of the finished project

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9 Comments

  1. Cydee
    May 24, 2017 at 14:04

    Would I buy an expensive villa in an area ‘reclaimed’ from the sea???? erm, No thanks

  2. Disgruntled
    May 23, 2017 at 21:21

    It looks like a great project. But if they make the mistake of pricing the berths like the new Limassol marina, it will not attract owners like me.

  3. Paul Smith
    May 23, 2017 at 17:57

    And where are the boats coming from 🙂

  4. gentlegiant161
    May 23, 2017 at 17:55

    There is hardly any of the coastal reedbeds still there along most of that part of the Coast.wasnt there supposed to be a natura 2000 bit preserved for migrating birds along there somewhere?

    1. Cydee
      May 24, 2017 at 14:05

      Well, can’t allow a few reedbeds to get in the way of €€€€€progress, can we…

  5. Slomi
    May 23, 2017 at 17:48

    A beautiful picture.
    will title deeds be provided to buyers alongwith the sale contract or..?

    1. kwstas xwstas
      May 23, 2017 at 20:55

      Well buyers of said properties should really make sure that they get deeds before they hand over any of their money.

      1. Slomi
        May 23, 2017 at 20:55

        yes.

  6. costas
    May 23, 2017 at 17:36

    Soon they will be joining concrete with Lebanon and Jordan

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