Larnaca’s Livadia district sees massive construction boom as oil refinery site frees coastal land

The Livadia district in Larnaca is experiencing an unprecedented construction boom, driven by the recent relocation of oil storage tanks which freed up a three-kilometre stretch of coastal land.

Local authorities originally recorded interest for investments exceeding €130 million in March 2024. Current projects in the wider district now total hundreds of millions of euros, excluding the newly available beachfront where planned investments are expected to top €1 billion. Apartment blocks and...