A coastal resort city with an airport just 5 minutes from the center and a leisurely Mediterranean pace. What could be better?
Over the past few years, Larnaca's infrastructure has significantly expanded, and its population has increased. According to the latest estimates, there are about 84,900 people living here, which is 80% more than in 2015.
During this period, the city saw the opening of its first major shopping center, Metropolis, the complete renovation of the central municipal park, the emergence of specialized sports facilities, playgrounds on the coast, and on the hills away from the center. The promising flagship urban project of reconstructing the new marina has entered its second stage of implementation, further attracting investors from the Middle East and other countries.
So, let's list the top five most interesting residential projects in the city center.
The Pearl of Mackenzie
This first-class project consists of two towers with panoramic sea views, located in one of the most popular areas of Mackenzie, just a 5-minute walk from the historic center of Larnaca. The elegant 6-story building is situated only 80 meters from the sandy beach, offering restaurants, bars, and a promenade for both children and adults. The project includes 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as a luxurious 4-bedroom penthouse with a rooftop garden. The complex features a communal pool and underground parking. Residents can also enjoy 24-hour concierge services.
The Mackenzie area is ideal for couples and families, offering a peaceful atmosphere and evening strolls. There is a well-equipped beach and a water sports center within walking distance. Most importantly, this elite residence is ready for occupancy, unlike the following projects, which are still under construction.
Properties available for sale in The Pearl of Mackenzie
La Grande Maison
This new, under-construction, 6-story business-class project in the Mackenzie area stands out not only for its stylish and minimalist design, high-quality finishes, and proximity to the Mediterranean Sea but also for its relatively affordable prices. For instance, a 1-bedroom apartment with sea views, covering 67 square meters, can be acquired in the complex for €235,000 (plus VAT). This is a very favorable offer for this location. A luxurious 3-bedroom penthouse on the 6th floor is priced at €860,000 (+ VAT).
Each apartment comes with a personal parking space. Just 200 meters away, there is a equipped beach and restaurants, and within walking distance, you'll find the historic landmarks of the old city (St. Lazarus Church, the Municipal Museum on Europe Square, and the Pierides Museum). The completion of the ambitious La Grande Maison project is expected in December 2024.
Available properties for sale in the La Grande Maison
NAOC
The new buildings in the Mackenzie area are true gems of this coastal city. The elite 13-story NAOC project, located across from the Piale Pasha promenade, is currently under construction. Although the architecture is still taking shape, it's evident from the cover that all 26 elite residences will have a bi-spoke architectural design, offering spacious layouts and state-of-the-art technology. All residences boast breathtaking views of the azure sea. The service includes luxury hotel amenities, 24-hour security, concierge service, and property management. Despite these amenities, the apartments offer privacy, security, and the charm of a private residence.
This ultra-modern building borders the historic Skala district and a row of charismatic low-rise Turkish houses, mostly inhabited by witnesses of the historical events of 1974 when Cyprus was divided into two parts due to political disagreements.
Available properties for sale in the NAOC
Park Avenue
Park Avenue Project represents a unique combination of luxurious designer apartments and the surrounding natural beauty. From the upper floors, you can enjoy views of the Mediterranean Sea and the Salt Lake of Aliki, which takes on an extravagant light pink hue during the winter months. Just across the street from the building, you'll find the Municipal Park, a theater, the city library, and the private American Academy school. Buying property in this complex is an excellent opportunity for profitable investments. The cost of apartments in the under-construction 8-story tower ranges from 200,000 euros to 1.5 million euros. The apartments are relatively compact, with sizes ranging from 51 to 166 square meters, which is quite typical in Cyprus. Each apartment comes with its own covered parking space.
Available real estate options in the Park Avenue
QN Kition
The most ambitious and promising project in the historic center will forever change the skyline of Larnaca. Buildings of this size (22 stories high) have never been constructed in the city before. The streamlined shape of this modern giant rises above the modest structures like a tsunami. Luxurious apartments with windows overlooking the Mediterranean Sea, Larnaca's yacht marina, and the famous Finikoudes promenade are just a 10-minute drive from the island's main international airport.
There is currently no exact completion date for the project, but apartments are available now. For instance, a 116-square-meter 1-bedroom apartment is priced at 770,000 euros (+ VAT). The most expensive offering in the project is a 3-bedroom apartment on the 15th floor with a total area of 557 square meters, priced at 4.435 million euros.
Available real estate options in the QN Kition
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