Thursday, July 4, 2024

MILLION DEAL IN PAPHOS - OLD AMERICAN ACADEMY BECOMES A BRITISH-OWNED SCHOOL

 Filenews 4 July 2024 - by Dora Christodoulou



The change of ownership of the American Academy building complex in the area of Acheleia in Paphos has been official for some time now.  The new big deal of millions in Paphos has been closed with a buyer group of British interests. The same information speaks of a multi-million dollar agreement.

Based on what has been agreed, the future of this development will continue to be in the field of education, since the new owner has informed that his intention is to operate a school of all levels of education there.