The first phase of the Paralimni marina is nearing completion: yacht reception expected in early summer

Construction of the first phase of the marina in Paralimni is entering its final stage. According to preliminary estimates, the first leisure vessels will be able to enter the marina at the end of May or in early June.

As reported by Paralimni Mayor Georgios Nikolettos, this is the largest integrated development project in the Paralimni–Deryneia municipality and is expected to significantly improve the tourist infrastructure of the free area of the Famagusta district.

According to him, the hydraulic (port) works have already been completed, while construction of the commercial and residential sections continues at an intensive pace.

Individual facilities required for the marina’s operation — the police and customs building, as well as the fuel station — are planned to be put into operation by March.

The director of the developer company and project operator PMV Maritime Holdings Ltd, Antoulis Koundouris, noted that the commercial section (cafés, restaurants, and other service outlets) should be ready for the summer season. The premises are planned to be handed over to owners before Easter, after which they will be able to proceed with interior fit-out. It is expected that some facilities, including a supermarket and coffee shops, will begin operating as early as the start of summer.

In the residential part of the project, the first three buildings (a total of 40 residential units) are expected to be ready by summer. It is reported that all these units have already been sold, with around 90% of buyers being Cypriots. Overall, the project предусматривает 77 residential units, with the remaining ones planned for delivery by summer 2027.

At the same time, landscaping works are underway along with the construction of a parking facility for 540 cars. The first phase of the parking area, with approximately 250 spaces, should be completed by summer, while the entire facility is planned to be completed by the end of the year.

The marina’s full capacity is designed for around 300 vessels, but at the first stage it is planned to launch approximately 100 berths in order to test the operation of the infrastructure and address possible technical issues before full commissioning.

Despite delays mainly related to licensing and the issuance of construction permits, the overall project budget, according to the developer, remains within the planned €100 million. The main challenge during construction is cited as a shortage of workforce.