Larnaca is getting for the first time a mall in its own district. The mall is a South African investment which is estimated to reach €60 million. As the investor has stated, the whole project will be ready within 18 months from the day of the issuance of the building permit.
Metropolis Mall is said to be covering an area of 35,000 sq.m and is located behind the town’s military training camp (KEN) and opposite of the parking lot of the new GSZ Stadium. Furthermore, the mall will host over 100 stores, a supermarket, a cinema, as well as accommodate 1,530 parking spaces.
Vyras (Mayor of Larnaca) said that a total of 12 hotels are either being built or in the process of acquiring the necessary licenses. Two of the hotels are to be built in the popular McKenzie area, while a five-star hotel is to be built on the Finikoudes seafront by a Russian investor. (Source: Cyprus Property Buyers, 2018)