I heard it on the grapevine...

 

Cyprus News

• The Euro was introduced as the official currency of Cyprus on 01 January 2008. Please peruse an article concerning Cyprus and the EU here.

• Ten new golf courses are planned island-wide. Pafilia has recently launched their new flagship development, Minthis Hills.

• Four new marinas are planned across Cyprus. Pafilia is proud to announce that they have formally placed a bid for the new Pafos Marina, near Coral Bay, which will boast a staggering 1,000 berths!

• Works have been completed on the transformation of Pafos Harbour, with a pedestrianised promenade.

• A new highway linking Pafos and Polis will dramatically reduce travel times.

• A beach improvement scheme will further raise the standards of Cyprus' plentiful blue flag beaches.

• Cyprus already has one of the highest employment rates in the EU, but new enterprises will create thousands of new jobs on the island!

• There are a growing number of familiar UK High Street names in Cyprus. The latest additions to Pafos are Starbucks and Debenhams, and the existing Marks & Spencers has recently been extended and now includes a food department.

• Tiffany Shopping Mall has just been opened in Limassol on 30 May 2009. It has been said that this mall is the biggest of its kind in Cyprus. To access the Tiffany Mall website, please click here.

• The German supermarkets, Lidl, Aldi, and Dia will be opening a chain of branches across the island soon, and market whispers speculate that Asda and Tesco could soon follow suit.

• The Swedish superstore, Ikea, and InterSport have both opened their doors at the new Mall of Cyprus in Nicosia on 26 September 2007. For information on the Mall of Cyprus, please click here.

• The Mall of Engomi has been inaugurated in the Engomi suburb of Nicosia on 12 December 2007.

• The new Pafos International Airport has opened its doors on 11 November 2008 and the new Larnaka International Airport will begin operations on 11 November 2009. For further information on these new airports please look at this website.

• The Mall of Pafos commenced operations in the 3rd quarter of 2008.

• Rumour has it that increasing competitiveness will lead to a price war between supermarkets, meaning that prices will be brought down.

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PAFILIA CYPRUS PROPERTY DEVELOPERS LTD | Head Office
Pafilia House | 33 Nicodemou Mylona Street | Marina Court
P.O. Box 60159 | 8101 Pafos | Cyprus
T: +357 26 848 800 | F: +357 26 934 910 | E: info@pafilia.com
Cyprus Freephone: 80 061 061

 

 

 

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