A second suspect was arrested on Tuesday afternoon in connection with an arson attack on a luxury car showroom in Limassol, an incident that caused damage running into hundreds of thousands of euros.

A 49-year-old businessman from Limassol was arrested on Tuesday, a day after a 28-year-old man was remanded in custody for six days over the same case.

The fire occurred in the early hours of Sunday at an indoor car dealership.

The blaze broke out at around 4.15am after perpetrators smashed the showroom’s front window, doused the interior and vehicles with flammable material and set them alight before fleeing.

Two luxury cars belonging to different owners were destroyed, with estimated losses of €120,000 and €60,000 respectively.

Five additional high-end vehicles sustained damage, while the building itself was also affected.

Police described the incident as a “deliberate act of arson”, adding that the attack was captured on surveillance footage.

The 28-year-old suspect, a Greek national, appeared before Limassol district court on Monday.

His lawyers did not object to the police request for remand, and the court ordered that he be held for six days to facilitate ongoing investigations.

Investigators said dozens of CCTV cameras from the area and along the Limassol to Nicosia road via Palaichori proved critical in identifying the suspect.

Footage showed an SUV approaching the showroom shortly before the fire.

Cameras also showed that the sun visors of both the driver and passenger were lowered.

The vehicle was tracked heading towards Ayia Fyla and later to Nicosia.

Additional CCTV footage from a petrol station in Limassol recorded an SUV with matching characteristics travelling in the same direction.

When the 28-year-old boarded the SUV, he was arrested by Limassol CID, initially on outstanding fine warrants.

During questioning, he told police he had been driving the vehicle for about a month.

Checks revealed that the SUV belongs to a company involved in car sales.

Searches of the suspect’s vehicle and apartment uncovered seven mobile phones, two radios and a military cartridge, all of which were seized as evidence.

A search of the 49-year-old’s residence and car led to the discovery of approximately €18,000 in cash, two replica guns and five mobile phones, which were also taken as evidence.

Police said the arrests followed testimony and material gathered during the investigation, which remains ongoing.

Authorities have not disclosed a motive for the arson, or whether the suspects had any prior connection to the showroom or the vehicle owners.

Police are continuing their investigations into the case.