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Paphos Marina 2017

Paphos Marina 2017 We are delighted to announce that the Ministry of Commerce, Industry and Tourism recently awarded the Paphos Marina project to Pafilia. This announcement is a great achievement for the company, as it comes following an open tender in which all major Cypriot developers and several international construction companies participated. The Paphos marina will be the largest in Cyprus, and has an estimated turnover of over €700M. The project will comprise 636 berths, a boatyard with sufficient storage space for up to 364 boats and 60,000 square meters of covered area which will include luxury residential properties, shops, cafes and restaurants. The development will boast an enviable location on Cyprus' southwestern coastline, an area of outstanding natural beauty, and will present a highly attractive investment and lifestyle opportunity. This news marks an exciting milestone for Pafilia, it will further enhance its already outstanding property portfolio, while further differentiating the company as Cyprus’ leading luxury property developer.