Larnaca Marina, Port, Waterfront (2023-2024)
Location: Larnaca, Cyprus
Scheme size: c.300,000 sqm
BMP role: Senior strategic advisor
Client: AroundTown AG
Program: Port, marina, hotel, residential, retail
From 2023 to 2024 BMP advised AroundTown AG — one of Europe's largest listed real-estate companies — on the redevelopment of the Larnaca Marina, Port and Waterfront, one of the most significant mixed-use waterfront schemes in the Eastern Mediterranean.
BMP's role spanned the full advisory lifecycle: strategy, financial modelling, development planning, construction oversight, sustainability, sales, marketing and brand.
The 300,000 sqm programme integrates upgraded port and marina infrastructure with hotel, residential and retail components across a prominent waterfront site in an emerging Eastern Mediterranean real estate market.
The Larnaca engagement reflects the type of work BMP is best positioned to do — large-scale, internationally significant mixed-use waterfront projects led by sophisticated capital partners, where deep operating experience in marina and hospitality real estate translates directly into better outcomes for asset owners.
The project draws directly on the playbook Oliver developed over eleven years at Porto Montenegro, applied to a new geography and a new institutional partner.