Primary residence protection bill by end-March


Plans to construct a ‘Euro Disney of the Mediterranean’ theme park near Oroklini, which stalled in 2012, were given the go-ahead by the government in a policy statement issued yesterday.

GOLD News reports that the Cyprus government has granted permission for the construction of a Disneyland-style theme park near the village of Oroklini in Larnaca district. According to the report, the permission was contained in a policy document published yesterday, and includes the construction of touristic village and a five star hotel set in 500,000m2 of land. The project first hit the news in 2009 when the Greek-language newspaper Politis revealed plans to build a Disneyland-style tourist theme park near Pyla on 80 hectares of land (800,000m2). The venue subsequently shifted to Oroklini, but two years ago plans stalled as discussions continued between the Government, Russian investors and land owners in the area to see how the land would be used. It looks as if the five-year wait may be over and although smaller than originally planned, the theme park should generate much-needed revenue from tourism when completed.

Courtesy of Cyprus Property News

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