Larnaca, Cyprus

This project is a 7-floor luxury apartment building excellently located in Larnaca town centre in a quiet residential and historical area behind the American Academy school and close to amenities.

Three apartments are allocated to each floor, all of which consist of open plan living and kitchen area, 2 bedrooms (master with en-suite shower), main bathroom, and covered veranda.

The top floor apartments located on the 6th floor enjoy individual access to their private roof garden on 7th floor hosting the 3rd bedroom, wc/shower room and barbeque area. These flats also benefit from solar panel net metering, offering the prospective buyer an extra financial incentive.

Hidden ceiling lighting feature in living area

allocated parking and storage

Audio & Video Door Entry System with remote control bar entry for tenants.

high quality construction

Smart home provision

class A energy efficient

south orientation of project providing light and airy units.

A huge demand for rentals has been noticed in this area. An excellent investment opportunity that can create an income of 5% from yearly rentals and up to 9% for short term rentals.
Basic Characteristics

Category
Residential
Property Type
Apartment
Price
445.000 €
Area
184 sq.m
Price per sq.m
2.418,48 €
Bedrooms
3
Bathrooms
3
WC
3
Floor
6th
Parking
1
Energy Class
A

Additional Characteristics

Kitchens: 1
Storage: Yes
Internal Staircase: Yes
Balconies (sq.m.): 86
Living Rooms: 1
Frames: Aluminum
Floors Type: Tiles
Additional: Elevator
Security Amenities: Security Door
Near to: Transportation, Sea, Seaside, School, Super Market, City Center, Entertainment Centers
Advantages: Internal Elevator, Quiet neighborhood

There are numerous reasons why buying property in Larnaca, a charming city located on the southeastern coast of Cyprus, is a smart choice. Larnaca offers a unique blend of natural beauty, rich history, economic potential, and a relaxed lifestyle, making it an appealing destination for investors and individuals seeking a new place to call home.

Strategic Location: Larnaca enjoys a strategic location, making it easily accessible from major cities and international destinations. The city is home to the country's main international airport, providing excellent connectivity to Europe, the Middle East, and beyond. Larnaca is also well-connected to other Cypriot cities, making it convenient for travel within the island.

Expanding Economy: Larnaca has experienced significant economic growth in recent years, with thriving sectors such as tourism, shipping, services, and real estate. The city's strategic location, coupled with government initiatives to attract investment, has created a favorable business environment, presenting opportunities for economic prosperity and job creation.

Beautiful Beaches: Larnaca boasts stunning sandy beaches with clear turquoise waters, offering residents and visitors an opportunity to relax, swim, and enjoy water sports. The city's coastline is dotted with Blue Flag beaches, ensuring high-quality standards and pristine environments.

Rich Cultural Heritage: Larnaca is steeped in history and culture, with numerous historical sites and landmarks. The city is home to the Church of Saint Lazarus, an impressive Byzantine church dating back to the 9th century, as well as the Larnaca Salt Lake, a protected area that serves as a habitat for migratory birds.

Affordable Property Prices: Compared to other popular destinations in Cyprus, Larnaca offers relatively affordable property prices, making it an attractive option for buyers. Whether you're looking for a beachfront apartment, a traditional village house, or a modern villa, Larnaca provides a range of options to suit different budgets and preferences.

Multicultural Environment: Larnaca is known for its welcoming and diverse community.