Transforming Larnaca: a new era of luxury awaits
Larnaca, a city steeped in 4,000 years of history, seamlessly blends its rich heritage with modern dynamism. Through strategic planning and visionary projects focused on sustainability and innovation, Larnaca has embarked on an impressive journey of transformation.
The recent relocation of oil and gas facilities has paved the way for a stunning new coastline, spanning approximately 6 kilometers to Voroklini. This long-awaited move, championed by Larnaca’s authorities and residents, marks the beginning of a new era. An undeveloped area where oil tanks used to sit, is set to become a high-end destination.
With investments worth hundreds of millions of euros planned for the coastal area, Larnaca and Cyprus are poised for ambitious development. Larnaca’s strategic advantages include its prime location, extensive beachfront, proximity to the capital (a mere 25 minutes away), Larnaca International Airport, rich historical tapestry, warm hospitality, and natural beauty.
These attributes attract diverse developments that bridge distances and bolster the local economy. On this rejuvenated beachfront, the “Land of Tomorrow” project is already in motion, alongside the comprehensive transformation of the “Palm Beach Resort”.
Scheduled for completion by the end of 2025, the new “Palm Beach Resort” by Premium Access Group, led by shareholders Evgeni Leibovich and Shaul Keinan, is set to become the epitome of luxury.
Honouring the legacy of Palm Beach, one of Larnaca’s iconic hotels, the redesigned “Palm Beach Resort” epitomises elegance and refined luxury. With an investment exceeding 100 million euros, the resort will feature a five-star hotel, luxurious ground-floor private residences, a residential tower, diverse dining and entertainment options, a cutting-edge wellness centre, and an array of beachfront activities and water sports.
“Palm Beach Resort” is not merely another hotel – it is a sophisticated mixed-use development of the highest standards. Every aspect is meticulously designed to ensure an unparalleled experience for both visitors and residents. It promises to be the ultimate haven of relaxation and tranquility, a destination within a destination where luxury living is redefined.