Mykonos is becoming an increasingly popular tourist destination each year, and Fraport Greece has announced it will be investing in the island to keep up with demand.

Fraport Greece is investing €25 million (AU$40.5 million) to build a new airport on the island.

To fit in with its surroundings, the building will designed keeping in mind the aesthetics of tradition Cycladic island architecture and character, according to a report by ANA.

If all goes to plan, the new airport will be completed sometime in 2021.

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It will be larger than the current airport, extending from 10,000 to 12,000 square metres, and will have 16 check-in desks and seven boarding gates.

According to a presentation by Fraport Greece, they expect to see two million passengers come through the new airport in 2026 – a significant increase from the 1.3 million people who currently come through the airport annually.

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