Limassol, Cyprus. The Cyprus Ports Authority has launched a tender to grant a licence to use and operate premises at the Old Port of Limassol, with an estimated value of €4.88 million. Economic operators can submit bids by May 8.
Tender details
According to the tender notice, bidders may submit offers for one or more premises, parts, or sections. Tenders will be opened on May 8 for evaluation.
The tender was published earlier this month through the Republic of Cyprus’ e-procurement platform e-PPS and αφορά a six-year contract due to begin on July 1. The notice covers three restaurants, one tavern, two snack bars, and one bar.
Old Port background
Located on Limassol’s seafront, the Old Port has shifted from its original maritime role to a mixed-use leisure and commercial destination. Built in the 1950s under British rule, it operated alongside the port of Famagusta and handled freight and passenger traffic for around two decades.
Its importance declined after the construction of the new Limassol port in 1973 and, by 1979, it had ceased to play a role in maritime activity.
Redevelopment works
A major redevelopment and regeneration project began in 2010 and was completed in 2014, at a cost of €17 million. The works included the regeneration of the wider area and the construction of 20 buildings covering a total of 5,800 square metres, combining traditional, cultural, and commercial uses.
Would you consider bidding for one or more of the Old Port premises under the new licence tender?