
Location: Bogaz, Lapta (North Cyprus)
Aim: Construction of the hotel and casino in Safakoy (Bogaz district), building of 550 residences in Bogaz, rent of the building of a 5-star hotel and casino in Bogaz and construction of a 5-star hotel and casino in Lapta.
400.000.000,00 €
Tourism in North Cyprus relies at present mostly on casino business, with 99% of visitors coming from Turkey. Visitors travelling to Cyprus at weekends obtain all-inclusive packages, with flights, transfers, accommodation and catering on the basis of using hotels’ casino facilities.
The following projects are being developed in North Cyprus at present:
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Construction of the hotel and casino in Safakoy (Bogaz district);
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Building of 550 residences in 24 months in Bogaz;
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Rent of the building of a 5-star hotel and casino in Bogaz for 39 years;
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Construction of a 5-star hotel and casino at the territory of 200 meters in Lapta.
The total volume of investment for the projects amounts to 400.000.000,00 Euros.