Development in Pyla: High Demand for Real Estate
January 2, 2025
Pyla in the Larnaca district is experiencing rapid growth with high demand for real estate, with over 1000 residential units under construction. Greek Cypriots and foreign investors are showing interest in purchasing land and homes. Despite the development potential, some coastal areas remain undeveloped where hotels were planned. Licensing procedures are delaying further development in the area.