The main Marinas of Cyprus are the Limassol Marina, the Larnaca Marina and the Latchi Marina.
The Limassol Marina is the most modern harbour in Cyprus and provides 650 birthing facilities for all type of yachts ranging from 6meters length up to 115 meters.
Currently, a fourth Marina is under construction in Ayia Napa which is expected to be completed by 2021. The Marina however is scheduled to be operating by the summer of 2019.
This is a significant development for the Famagusta region and is expected to cost around € 220 million. It is anticipated to be the next premier yachting destination in the Mediterranean. Apart from the Marina itself, this project will include luxurious villas, apartments, restaurants, bars, shops, cafes as well as a square for holding events.
This upcoming Marina development is an excellent opportunity to invest, explore the beautiful island, relax and spend quality time with friends and family.
Registering a ship in Cyprus provides vast advantages for anyone who wants to register his ship under the Cyprus flag such as low registration costs, it is an EU flag, no exchange control and freedom of movement of foreign currency, double tax treaties with 43 countries, full protection for financiers and mortgagees, it provides three different registration options amongst others.
As a leading firm in the Admiralty sector our Associates and Law Firm that we entrust, Christodoulos G Vassiliades & Co LLC provides all services needed by clients. The Firm owes its success to the distinguished appointments of the Firm’s Senior Management, as well as to its broad network of international contacts and representative offices, which enables it to provide clients with the services they desire, promptly and efficiently.
We are committed to providing high quality service in the field of Shipping Law, while at the same time promoting the business interests of our clients.