Larnaca becomes the third Cyprus city of interest to foreign investors.
It's all because of the large number of new buildings that 'flooded' the city. If earlier only Limassol had seafront elite high-rises, now Larnaca is a worthy competitor to it.
At the same time, real estate in Larnaca is still cheaper than in Limassol, Paphos or Nicosia. Therefore, the most profitable right now is to invest in the residential sector of Larnaca.
QN Kition, City Center, Phinikoudes
One of the most aesthetic projects in Larnaca and the whole of Cyprus. This high-rise will be the tallest in the city. It will have 23 floors, of which 20 are residential. The project belongs to the QN Alliance company (a strategic alliance between Quality Group and Newman Holdings which successfully implement their activities in the Mediterranean).
By the way: although QN Kition is under development, it has already received several awards at international exhibitions. Still, the project is a real work of art. The modern high-rise will organically fit into the look of the old center of Larnaca and emphasize its diversity.
But appearance is not the only unique thing. There are also the unique residential complex itself and the apartments into it.
Buyers are offered a choice of:
- one bedroom apartment with a living area of 70 m2;
- two bedroom apartment with a living area of 110 m2;
- three bedroom apartment with a living area of 184 m2;
- three bedroom penthouse of 166 m2.
There are restaurants on the lower floors, as well as a gym and storage rooms for the residents of the complex. There is also a spacious underground parking and territory security, a concierge.
On the last floor, at a height of 50 m2, there is a pool for residents with a lounge area and a magnificent view of the surroundings. However, all residents will have the opportunity to observe the beauty from the window: either the sea with a marina, or the mountains.
The complex is located 100 m from the sea and from the beach. There is everything you need near - a school, large shops, banks, restaurants, etc. It is also very easy to get to the airport from the QN Kition - you only need to drive 8 km along good roads.
Elite Tower, Mackenzie District
Another new building, which will be commissioned in October 2021. It is located in the beautiful area of Mackenzie. It is a young and thriving neighborhood of Larnaca. Which is slowly becoming a part of the city center.
New houses are growing here like 'mushrooms after rains', but Elite Tower stands out among them by the number of storeys (9 floors), appearance and location.
The beach is only 50 m away, so the complex actually stands on the beach. All the necessary shops, restaurants and other facilities are located nearby. The airport is 5 km from the complex, and you can drive to the center of Larnaca in 10 minutes.
What apartments can be purchased in the complex under construction:
- 1-bedroom apartment of 55 m2;
- 2-bedroom apartment of 85 m2;
- 3-bedroom apartment of 127 m2;
- 4-bedroom duplex penthouse on floors 8-9 with an area of 220 m2 (there is a jacuzzi, a spacious terrace, 5 bathrooms).
The residents of the complex are provided with a gym, swimming pool, underground parking, storage room and a closed guarded territory.
Pearl of Mackenzie (Plus 6), Mackenzie neighborhood
Another high-rise in Mackenzie. The complex consists of two buildings with a common closed area, the height of each of them is 6 floors.
Plus 6 complex looks as aesthetically pleasing as possible and is equipped with everything necessary for its residents. There is a pool for residents, green area, 24/7 security, indoor and underground parking spaces, storage rooms.
Each apartment offers stunning sea views. By the way, the beach is just 5 minutes walk. It is also convenient to get to both the center of Larnaca and the airport.
In the complex you can buy apartments of any size:
Apartments in the Mackenzie area can be bought for any purpose: for investors, for their families, for renting out. Mackenzie is considered a tourist area, so renting luxury apartments is in great demand here.
Unlike the two previous complexes, Pearl of Mackenzie (Plus 6) is fully commissioned. This means that you can move into a purchased property almost immediately.
Executive Residency Marina by Best Western City Center
Executive Residency Marina by Best Western is located in the most convenient location in Larnaca: directly opposite the Marina. This means that all iconic places and sights are nearby - the Finikoudes embankment and the beach of the same name, the old fortress, the Cathedral of Saint Lazarus. And, of course, all the facilities necessary for life and recreation, including schools.
The location of the complex assumes a magnificent view from the windows: this is the sea space and the yacht marina. On the other side, a stunning view of the mountainous terrain opens up.
The Executive Residency building looks very modern: the 12-storey high-rise is made in the Art Nouveau style. On the ground floors, there are storage rooms, concierge desks, a bar and restaurant, and a gym. On the top floor there is a communal pool with a bar and a relaxation area.
The complex offers the following housing options:
All apartments have a designer renovation and the necessary set of furniture with household appliances. Also, each apartment has its own outdoor recreation area (terrace).
The complex is under construction - it is planned to be completed by 2022.
Seafront villa in the village of Pyla
For those who prefer privacy and tranquility, the villa is the best option. The villa is located very close to the sea. This means that you can visit the beach any time you want. And also admire the blue space from the windows of the bedrooms.
About the bedrooms: there are five bedrooms in the house. Each one has one separate bathroom - for the convenience of the owners and their guests.
The area of the site is more than 700 m2, which will allow you to save your personal space and protect you from outside noise. The living area is 254 m2. The plot has a private pool and lawn.
Also, the three-storey villa has an automated security, lighting and air conditioning system. Underfloor heating will prevent you from freezing in winter, and a cooling system will save you from the heat in summer.
You can also get acquainted with other luxury complexes in Larnaca, which have the status of a new building.
If you doubt that Larnaca is the right city to buy property in, read the article on the pros and cons of buying a home here.
Contact the DOM Larnaca office on +357 24030062, or come to the address: Gregoriou Afxentiou 7, Larnaca, 6023, Cyprus. Here you will always be provided with competent advice and help with renting or buying and selling your home.
- First acquaintance with Larnaca (link)
- Larnaca Is Most Promising City In Cyprus For Real Estate Investment (link)
- Oroklini village near Larnaca. Tourist area (link)
- Cyprus Larnaca Beaches (link)
- Skala neighborhood in Larnaca (link)
- Finikoudes promenade in Larnaca (link)
Photos: DOM LiVE