The Cyprus Department of Environment has granted approval for the redevelopment of the beachfront Palm Beach Hotel and Bungalows in the Oroklini area of Larnaca. According to the announcement, the project involves not only major renovation of the existing buildings but also a complete change of use — the future Palm Beach Resort will become a modern, premium-level tourist cluster.
The partnership between Premium Access Cyprus and the management company Thanos Hospitality Services aims to elevate Larnaca to a new level of tourism development. Investors emphasize that the goal is to bring a legendary destination back to life, turn it into a landmark for the entire Eastern Mediterranean, and create infrastructure capable of competing with the region’s leading resorts.
Investment and Development Strategy
The modernization of Palm Beach Resort is estimated at over €110 million, making it one of the largest tourism investments in the region in recent years. Premium Access Cyprus plans to expand its presence in the Cyprus market by creating a series of unique locations across the island.
One of the key elements of the redevelopment will be the transition from fragmented areas to a unified, spacious landscaped environment. After reconfiguration, the resort’s site will cover approximately 28,000 m². It will feature walking paths, green islands, and functional recreational zones designed for different age groups and types of visitors.
Architectural Transformation
The project focuses on extensive upgrades to almost all buildings and infrastructure. The main Palm Beach Hotel building will include 159 comfortable rooms, including suites and family apartments. Engineering systems, kitchen equipment, and climate-control mechanisms will be completely renewed, and the rooftop will be equipped with solar panels, reducing energy costs and making the resort more environmentally friendly.
The bungalow area will undergo external reconstruction: instead of individual private pools for each unit, a large shared resort-style pool will be created. The high-rise Sea Breeze Tower will gain a refreshed visual identity with greenery added to its balconies. In the residential section — Condos — 20 modern apartments are planned, with access to a covered terrace and rooftop pool. The underground parking area will be expanded and integrated into a unified system, replacing former surface parking lots.
New service buildings will appear across the resort grounds, including a spa center, children’s club, café, restaurant, and administrative facility. Their rooftops will also be designed as "green" surfaces, improving insulation and blending the structures more seamlessly into the natural landscape.
A Unique Outdoor Space
The project envisions transforming the entire resort area into a harmonious, eco-friendly, and visually unified environment. Outdoor spaces will include small artificial hills, relaxation areas, an open-air cinema, and shaded corners with native vegetation.
Special attention is given to water features and landscape elements — designed to create a sense of coolness and comfort even during the hottest months. The former tennis court area will be converted into modern sports facilities for padel and basketball.
Transport flow infrastructure will also be upgraded: the grounds will include several guest pick-up and drop-off points, charging stations for electric vehicles and resort buggies, and improved access routes to the hotel and underground parking.
Significance of the Project for Larnaca
Palm Beach Resort is among the first developments shaping a new level of growth for Cyprus’ eastern coastline. Amid rising interest in Larnaca as both a business and tourist destination, the renewed resort will become an important part of the city’s transformation — for international visitors as well as the local market.
As renovation progresses — expected to be completed over the next few years — Palm Beach Resort may become a flagship of Larnaca’s tourism revival, combining rich history with high service standards and sustainable technologies demanded by modern travelers.