The Cyprus real estate market continues to develop actively, and in recent years Larnaca has attracted particular attention from investors. The city is steadily transforming from a “quiet resort town” into one of the island’s key investment hubs. New residential developments in Larnaca are especially in demand, and their number continues to grow year after year. This comes as no surprise, as such properties offer an optimal balance of price, quality, and investment potential.
Larnaca — The New Investment Center of Cyprus
Just a few years ago, Limassol and Paphos were considered the primary cities for real estate investment. However, rising prices in those locations have made market entry less accessible. Against this backdrop, Larnaca has emerged as a logical and promising alternative for investors seeking capital growth.
The city is developing rapidly:
- large-scale infrastructure projects are being implemented;
- the port and coastal areas are being modernized;
- the road network and public transport are expanding;
- new business and residential districts are emerging.
All of this directly contributes to rising property values. According to analysts, housing prices in Larnaca increase by an average of 5–8% per year, with even faster growth in certain areas. Buying a property in a new development allows investors to enter a project at an early stage and maximize returns by the time construction is completed.
Affordable Prices and Strong Growth Potential
One of Larnaca’s key advantages remains its relatively affordable property prices compared to other Cypriot cities. Even in modern new developments, it is still possible to find properties priced below €300,000, making the city attractive to a wide range of investors.
Why this matters:
- low entry threshold;
- higher potential returns;
- easier resale in the future.
Experts predict that by 2026–2027, the price gap between Larnaca and Limassol will gradually narrow. This means that purchasing a new-build property today could deliver significant capital appreciation within 2–3 years. In addition, Larnaca is increasingly developing as a business center, boosting rental demand from both locals and foreign professionals.
Infrastructure, Location, and Quality of Life
Larnaca stands out for its balanced combination of urban infrastructure and resort-style living. It is one of the few cities in Cyprus where you can live by the sea while remaining close to business activity. Key advantages include:
- Larnaca International Airport;
- modern schools and universities;
- public and private healthcare facilities;
- shopping centers, restaurants, and promenades;
- well-maintained Blue Flag beaches.
Most new developments in Larnaca are located in high-potential areas such as Livadia, Aradippou, Mackenzie, and Dhekelia. These locations are already in demand and continue to grow. For investors, this means stable rental income and minimal vacancy risk.
Examples of Apartments Under €300,000 in Larnaca: TOP 10 Attractive Options
In 2026, many high-quality residential projects will be completed in Larnaca. With a budget of up to €300,000, buyers can find one-, two-, and even three-bedroom apartments in new developments, typically ranging from 35 to 50 sq m. We have selected ten of the most interesting options worth close attention:
2-Bedroom Penthouse in Livadia
A stylish two-bedroom penthouse in a new modern complex in the Livadia area—an ideal choice for those who value comfort and privacy. The highlight of the apartment is a 33 sq m rooftop garden, perfect for creating a lounge area, barbecue space, or a cozy outdoor setting for evening relaxation.
The complex is located just three minutes’ drive from the beach and close to all essential infrastructure, including supermarkets, schools, and the American University of Cyprus. The building features an elevator, a parking space, and a storage room for each apartment. The boutique format of the project, with a limited number of residences, makes it particularly attractive for both living and investment.
Price: €230,000 + VAT
2-Bedroom Apartment in Oroklini
A spacious two-bedroom apartment in a new residential complex in the Oroklini area offers a harmonious combination of comfort, technology, and functionality. The bright living room with an open-plan kitchen creates a sense of space, while the well-thought-out layout is ideal for comfortable everyday living.
The complex is equipped with solar and photovoltaic panels, reducing electricity costs and increasing the building’s energy efficiency. Covered parking, a storage room, and modern engineering solutions make this an excellent choice for families and investors who value quality and sustainability.
Price: €240,000 + VAT
1-Bedroom Apartment in Livadia
A cozy one-bedroom apartment in a new project located in one of Larnaca’s most promising areas. The complex is situated just 200 meters from the coastline, making it particularly attractive for rental income and future value growth.
All urban infrastructure is nearby, including supermarkets, cafés, fitness centers, and a green park. The beach and Larnaca city center are only a 5-minute drive away. The project benefits from the future development of the coastal zone under the large-scale Land of Tomorrow concept, turning this apartment into a strategically attractive asset.
Price: €190,000 + VAT
2-Bedroom Apartment in Aradippou
This new two-bedroom apartment in the Aradippou area is designed for comfortable living without compromise. A spacious living room with an open-plan kitchen flows seamlessly onto a balcony, creating a bright and airy atmosphere.
A photovoltaic system and modern thermal insulation materials ensure a high level of energy efficiency. The complex includes an elevator, parking, and a storage room. This is an excellent option both for owner-occupation and for investment, with stable rental demand.
Price: €200,000 + VAT
2-Bedroom Apartment in Livadia
A modern apartment in a unique residential complex designed as a green oasis within the city. The project consists of five buildings surrounded by carefully planned communal areas, including relaxation zones, playgrounds, yoga platforms, water features, and landscaped gardens.
The apartment offers an open-plan living and dining area, spacious bedrooms, a modern bathroom, and a balcony. It is an ideal choice for peaceful living or long-term rental in one of Larnaca’s fastest-developing districts.
Price: €260,000 + VAT
3-Bedroom Apartment in Salamina
A rare offering—only three apartments in the building, one per floor. This spacious three-bedroom apartment features modern architectural design and a high A-class energy efficiency rating.
Each unit is equipped with its own 4 kW photovoltaic system. Its convenient location near Metropolis Mall, schools, and major highways makes this property ideal for families who value space, privacy, and everyday convenience.
Price: €275,000 + VAT
1-Bedroom Apartment in Livadia
A stylish one-bedroom apartment in a modern project located near the new Larnaca Marina. The complex consists of only 13 apartments and offers an elevator, parking spaces, and storage rooms.
The open-plan kitchen and living area open onto a spacious covered veranda—an ideal spot for relaxation. Excellent location, well-developed infrastructure, and proximity to the sea make this apartment an attractive option for investment and rental income.
Price: €180,000 + VAT
2-Bedroom Penthouse in Aradippou
A modern penthouse with a 74 sq m rooftop garden, located near Larnaca’s largest shopping mall. High-quality materials, a reliable developer, and well-designed layouts ensure a high level of comfort.
Within walking distance are shops, schools, gyms, cafés, and restaurants. The city center and the sea are just a 5-minute drive away. This is an excellent option for those who want to be close to everything while enjoying private outdoor space.
Price: €290,000 + VAT
2-Bedroom Apartment in Drosia
An elegant apartment in a modern residential complex in Drosia, one of Larnaca’s most sought-after areas. A spacious living room, stylish kitchen, and veranda create a comfortable living environment.
The complex is built to high European standards and includes covered parking, a storage room, and an elevator. Its convenient location near parks, schools, and Metropolis Mall makes this apartment an excellent choice for families.
Price: €240,000 + VAT
2-Bedroom Penthouse in Aradippou
A penthouse in a new residential complex with innovative design, harmoniously combining glass, concrete, wood, and steel. Some units feature rooftop gardens, creating the feel of a private house.
A cul-de-sac location ensures peace and safety, while a children’s playground and the Arise Active fitness club are nearby. This is an ideal option for those seeking stylish, contemporary living with strong investment potential.
Price: €270,000 + VAT
Larnaca is one of Cyprus’s most promising cities for real estate investment. New developments scheduled for completion in 2026 offer an optimal balance of price, quality, and growth potential. Infrastructure development, stable rental demand, and an accessible market entry point make the city a smart choice for both first-time and experienced investors.
