Construction of the new terminal and runway extension at Paphos International airport in south west Cyprus started in 2006 and now, 2 years later, the project has been delivered on time and on budget. The terminal will be able to handle 2.7 million passengers a year and has a 940 bay surface car park. The terminal even boasts environmentally friendly lighting and air-conditioning systems and where possible, local Cypriot materials have been used.
The new look Paphos International Airport will open on November 17th 2008 and according to airport-technology.com the passenger growth in Cyprus is now expected to be between 3.5% and 4% a year.
Martin Pearce, Director of sales for Aristo Developers UK, one of Cyprus’ leading property developers comments: “The completion of the new terminal at Paphos airport, coupled with the existing daily scheduled flights from BA and Easyjet, is going to make Cyprus even more accessible as larger aircraft can now land at the site due to the extension of the runway. The local government have also started construction on a four lane highway that will link the town of Paphos, 10 miles away, with the airport helping to ease congestion on the route during the height of the tourist season.”
Since it joined the euro zone and adopted the euro as its currency in January 2008, the already booming economy in Cyprus has continued to go from strength to strength and this makes it an even more attractive location whether you’re looking for somewhere to holiday, live or invest.
Paphos was once a quiet fishing village but now attracts vast numbers of tourists and has the reputation as one of the best locations on the Island. With its various attractions including those of the Tombs of the Kings, the Roman mosaics, a bird and animal park, aquarium, countless restaurants and bars and easy access to the rest of the island that is well known for its diverse landscapes and history, it is easy to see why a new terminal building was much needed.
“Cyprus has so much to offer” Pearce says, “It is great for families and the retirement community and is becoming ever more popular as a wedding destination. The Troodos Mountains even offer skiing during the winter months so there really is something for everyone.”
Aristo Developers have been established for many years and are a prominent and trustworthy face of Cypriot property. Investment opportunities include Konia Village 1 which is a development situated near Paphos and its newly improved International airport. It is close to the renowned 18 hole golf course at Secret Valley and offers spacious 2 and 3 bedroom apartments, townhouses and villas which are all set in stunning landscaped gardens. With prices starting from €149,500 / £118,700 plus VAT, for more information on Cyprus and to find out more about the thriving property market contact www.aristodevelopers.com or call 0800 856 3338.