Two residential towers housing luxury apartments, along with a vast marina and individual villas are to be developed in Ayia Napa, thanks to a joint Egyptian-Cypriot venture. This move could be just what the resort needs to regenerate its image as a tourist destination and also a potential investment opportunity that merits further investigation. 

Ayia Napa's Mayor, Yiannis Karousos, also hints at other investor interest and a show of confidence from the government, signalling the emergence of this area as prime investment turf. 

A potential second home or holiday Let? Let's hope that more detail is forthcoming about the property to be made available. Shored up by Cyprus's re-emergence as a tourist hot-spot, this new-build development could make an attractive option for the British buyer seeking property in Cyprus. 

Contact Winkworth International for more information about investment opportunities in Cyprus's tourist resorts.