Larnaca is fast becoming one of the most promising cities for property investment.The property market here is experiencing strong growth, fuelled by infrastructure development, large-scale projects and increasing demand for modern residential developments.
In recent years there has been an increase in property prices, particularly in the areas of Livadia, Dekelia and Pervolia. New developments in Larnaca compare favourably in price and quality with properties in Limassol and Paphos.
The main trends in the new build market in Larnaca:
- Price growth is stable. 2022 property prices have increased by an average of 15-20%.
- High demand for premium developments. Buyers are focusing on energy efficient homes, complexes with developed infrastructure and modern technology.
- Development of new neighbourhoods. The most promising are Livadia, Dekelia, Meneou and central Larnaca, including the new business district.
Graph of the price dynamics of new buildings in Larnaca over the last 5 years.
Let's take a look at the top 10 most promising residential developments in Larnaca that definitely deserve investors' attention.
1. The Ring, Meneou
Price: from €163,000 to €484,000
Surface area: from 45 m2 to 242 m2
Distance to the sea: 3,780 metres
This 5-storey residential complex is like a small town in the city.The Ring combines not only living spaces, but an entire ecosystem for comfortable living.This is something new for quiet Larnaca. It has everything from cosy lounge areas to modern sports facilities including paddle tennis and basketball.Four swimming pools with panoramic views create the feeling of a luxury resort, while a co-working and business lounge allows you to combine relaxation and work in one place. The modern architecture of the complex emphasises the elegance and technology of the project, while the quality of construction and materials used make it durable and truly eco-friendly.
All property options at The Ring
2. Lotus Residences, Livadia
Price: from 168 thousand euros to 690 thousand euros
Surface area: from 61 m2 to 263 m2
Distance to the sea: 900 metres
Lotus Residences is an example of how comfortable city living can be combined with privacy. Two modern blocks of penthouses and spacious apartments create a sense of privacy, while panoramic windows flood the living spaces with natural light.Each apartment has been thoughtfully designed with spacious terraces, covered balconies and lounge areas.Special attention has been paid to energy efficiency and modern technical solutions, making the development an attractive investment as well as a place to live.
All property options at Lotus Residences
3. Horizon Towers, Livadia
Price: from 310.5 thousand euros to 3.265 million euros
Surface area: from 69 m2 to 250 m2
Distance to the sea: 400 metres
Horizon Towers is one of the few high-rise developments in Larnaca that offers magnificent panoramic sea views.The 20-storey building has a modern architectural style with an emphasis on energy efficiency. Each apartment is equipped with a smart home system, heated floors and panoramic windows. The gated community includes swimming pools, shops, restaurants and a fitness centre, making the complex convenient to live in and attractive to tenants.
All property options at Horizon Towers
4.Carisa Horizons Business, Livadia
Price: from 356 thousand euros to 6.3 million euros
Surface area: from 125 m2 to 2 975 m2
Distance to the sea: 550 m
This business complex offers spacious office and commercial premises in a new and rapidly developing area of Larnaca. The project combines modern technology, convenient layout and a convenient location. This commercial property is part of a large residential complex and offers a prestigious workspace for companies, investors and entrepreneurs.
All properties for sale at Carisa Horizons Business Project
5.Sea Gallery, Pervolia
Price: from 530 thousand euros to 830 thousand euros
Surface area: from 154 m2 to 238 m2
Distance to the sea: 150 m
A complex of first line luxury villas with large plots, private pools and designer interiors. Its unique location on the seafront makes it ideal for both holiday and investment purposes.
View property options in Sea Gallery development
6. House Camelia (Modern villas), Pyla
Price: from 699 thousand euros to 760 thousand euros
Surface area: from 350 m2 to 361 m2
Distance to the sea: 350 metres
Modern villas in a quiet area with spacious plots, private gardens and swimming pools. An excellent option for families and long term investment with the prospect of high returns on rental or resale.
All property options in House Camelia development
7. Olea Scape, Dekelia
Price: from 563 thousand euros to 1.1 million euros
Surface area: from 200 m2 to 343 m2
Distance to the sea: 400 metres
Luxury villas in the Dekelia area with panoramic windows, private pools and innovative technology. A great option for those seeking privacy and comfort. The area is renowned for its picturesque beaches, excellent restaurants and proximity to Larnaca International Airport.
View all properties for sale at Olea Scape
8. Oakwood Residence, Livadia
Price: from 495 thousand euros to 545 thousand euros
Surface area: from 193 m2 to 196 m2
Distance to the sea: 2.8 thousand metres
A complex of five private houses with swimming pools, garages and spacious plots. An ideal option for families and those who value comfort and security. Oakwood Residence combines the tranquillity of the suburbs with the convenience of city life, making it a profitable investment for both personal and investment purposes.
All property options in the Oakwood Residence development
9. Urban City, Larnaca Centre
Price: from 266.7 thousand euros to 350 thousand euros
Surface area: from 97 m2 to 153 m2
Distance to the sea: 1.93 thousand metres
Modern apartments in the centre of Larnaca, convenient location and high investment potential make this project attractive for both living and renting.
All property opportunities in Urban City
10. Carisa Melora Park, Livadia
Price: from 190 thousand euros to 470 thousand euros
Surface area: from 58m2 to 107m2
Distance to the sea: 440m
Designer apartments with large balconies, swimming pool and quality finishings. The complex is built to high European standards, using high quality and energy efficient materials, ensuring thermal insulation and reduced energy costs. Suitable for both residential and rental use.
All property options in the Carisa Melora Park development
Larnaca is already experiencing strong growth in demand for property and its strategic location, infrastructure development and the emergence of major projects make it particularly attractive to investors. Investing in residential developments in Larnaca not only gives you the opportunity to buy property profitably, but also to look forward to its further appreciation.
But what's next? Perhaps the near future of the Larnaca property market will see not only the expansion of the city limits, but also the emergence of smart neighbourhoods integrated with eco-friendly technologies, as well as new property formats - from modern apart-hotels to hybrid living spaces for digital nomads.
Keeping an eye on trends, analysing up-and-coming areas and looking for unique properties is the key to successful property investment. Larnaca is just beginning its journey of transformation, and being one of the first investors in this evolution means staying one step ahead of the market.
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