By Helen Daniilidou | Property & Relocation Advisor, Plus Wise Estates
7 July 2026

Larnaca is attracting growing attention from property buyers, and a major new waterfront redevelopment is one of the reasons why.

Plans announced by the Cyprus Ports Authority outline a €415 million redevelopment of Larnaca Port and Marina, creating a long term vision for a modern waterfront that combines tourism, business, leisure and public spaces.

While the project will be delivered over several years, it reflects the city’s continued growth and increasing appeal as a place to live, work and invest.

A City on the Rise

Larnaca has been steadily evolving, with new residential developments, improved infrastructure and growing international interest. The proposed Port and Marina redevelopment is expected to build on that momentum, bringing new hotels, restaurants, offices, leisure facilities and public spaces to the waterfront.

Large scale regeneration projects like this often attract new businesses, create jobs and enhance the overall appeal of an area all factors that can support demand for residential property over time.

Why Investors Are Paying Attention

Experienced investors don’t just look at today’s market they look at where a city is heading.

Larnaca already offers many of the features buyers value, including an international airport, beautiful beaches, a year round community and excellent road connections across Cyprus. Combined with ongoing development, these strengths make it an increasingly attractive option for both lifestyle buyers and investors.

The city also appeals to a wide range of tenants and visitors, from professionals and relocating families to holidaymakers and business travellers, creating opportunities for both long term and short term rental strategies.

Choosing the Right Property

Not every property will offer the same investment potential.

Location, property type, budget and your long term goals should all be considered before making a purchase. Whether you’re looking for a holiday apartment, a buy to let investment or a home with future growth potential, choosing the right property is just as important as choosing the right city.

Looking Ahead

The proposed redevelopment of Larnaca Port and Marina is another sign of the city’s long term ambition and continued transformation.

While property values and rental returns can never be guaranteed, infrastructure investment of this scale reinforces Larnaca’s position as one of Cyprus’ most promising real estate markets.

Thinking About Investing in Larnaca?

At Plus Wise Estates, we help buyers find properties that match their budget, investment objectives and lifestyle. Whether you’re looking for a new build apartment, a rental investment or a holiday home, we’re here to help you explore the opportunities Larnaca has to offer.

Property values and rental performance can rise or fall depending on market conditions, location and other factors. Buyers should always obtain independent legal, tax and financial advice before making a property investment.

Source: Cyprus Ports Authority roadmap, reported July 2026.