The coastal town of Larnaca, with its history, developed infrastructure and warm Mediterranean climate, attracts real estate buyers with different budgets. With a budget of around 200 thousand euros you can find modern one or two bedroom apartments in new residential complexes with developed infrastructure.
Larnaca Amenities and Infrastructure: Schools, Transportation and Accessibility
Larnaca is conveniently located for those who value transportation accessibility and developed infrastructure. The city offers a wide range of public and private schools, including prestigious international institutions. For example, the Kamares area is home to highly regarded state schools, while nearby Aradippou is home to Pascal, a private school renowned among expats. Convenient transportation makes Larnaca an excellent starting point for traveling around the island: the city is connected to the rest of Cyprus by a highway, allowing quick access to major resorts and cultural centers. The presence of an international airport close to the city is also a big plus, especially for those who travel frequently or are considering renting out properties to tourists.
Below are the available options from reputable developers, starting with the cheapest and gradually moving up to more expensive properties to illustrate what Larnaca has to offer within the given amount, the list is based on the recommendations of Irina Eroshenko, head of the regional office of DOM Agency.
Available property options from 180 thousand euros to 205 thousand euros
1. one-bedroom apartment in Livadia - cozy style near the sea
Example: New 1-bedroom apartment, price - 180 thousand euros + VAT
Characteristics: Living area - 50 m2, total area - 61 m2, 2nd floor out of 4, distance from the sea - 900 meters.
This cozy apartment in Livadia offers stylish and modern living just 900 meters from the Mediterranean Sea. The complex includes a swimming pool and covered parking, while large windows create a spacious atmosphere and fill the rooms with light. Livadia is a prestigious and rapidly developing area, adjacent to the Land of Tomorrow project, which adds to the prospect of rising property values here.
2. One bedroom apartment in Livadia - functionality and style
Example: New 1 bedroom apartment, price - 190 thousand euros + VAT
Characteristics: Living area - 50 m2, Total area - 50 m2, 2nd floor from 2, Distance from the sea - 1.4 km.
The apartment is located in a new complex with swimming pool in Livadia, which makes it attractive for both living and renting. The special feature is the modern design with high quality finishes and the possibility to customize the interior during the construction phase. Convenient location provides access to all necessary amenities.
3. One bedroom apartment in Kiti - spacious and close to the airport
Example: New 2 bedroom apartment, price - 185 thousand euros + VAT
Features: Living area - 84 m2, Total area - 153 m2, 0 floor out of 2, Distance from the sea - 2 km.
These apartments are located in a new project in Kiti area, just 10 minutes from Larnaca airport and 15 minutes from the city center. The project has 16 modern apartments with spacious living areas. The upper apartments have private roof gardens, which makes this project particularly attractive for families and residents surrounded by greenery.
4. Spacious apartment in Aradippou - easy access to city infrastructure
Example: New 2-bedroom apartment, price - 195 thousand euros + VAT
Characteristics: Living area - 77 m2, total area - 96 m2, 1 floor out of 3, distance to the sea - 5 km.
Aradippou is a popular neighborhood with access to the city infrastructure, which makes this apartment a good option for families and those who appreciate the convenience of city life. High quality finishing materials and a well thought out layout with an open plan kitchen make the apartment attractive for living and potential rental. The complex is located 10 minutes from the center of Larnaca.
5. Apartment in Kamares - comfortable and spacious
Example: New 2 bedroom apartment, price - 195 thousand euros + VAT
Features: Living area - 82 m2, total area - 103 m2, 1 floor out of 3, distance to the sea - 5 km.
The neighborhood of Kamares is ideal for those who prefer tranquility and accessibility. The apartment is located just a few minutes from the main shopping centers and entertainment complexes, creating the ideal conditions for a comfortable stay. The large veranda and the thoughtful layout make it an excellent choice for living or rental investment.
6. Penthouse with pool in Kiti - harmony of nature and privacy
Example: New 2 bedroom penthouse for €205,000 + VAT.
Features: Living area - 80 m2, total area - 154 m2, top floor, complex with swimming pool, distance to the sea - 3 km.
This penthouse in Kiti is surrounded by green areas and has all the amenities for relaxation and comfortable living. The complex has a swimming pool and the apartments are designed to offer picturesque views of the surrounding area. The convenient location allows residents to enjoy all the benefits of being close to nature without losing touch with the city.
7. Apartment in Tsakilero - for family life in comfort
Example: New 2-bedroom apartment, cost - 200 thousand + VAT.
Characteristics: Living area - 74 m2, total area - 92 m2, 1 floor out of 5, distance from the sea - 2 km.
Tsakilero district is attractive for families looking for a quiet life with access to nature. The apartment in this complex has a spacious veranda, covered parking and storage room. The thoughtful layout and stylish finishes create a comfortable environment for relaxation and family evenings.
Views and recommendations
Buying real estate in Larnaca within 200 thousand euros is not only a quality and comfortable home, but also a profitable investment. In particular, the areas of Livadia and Kiti have a high chance of increasing in value in the future due to major projects and modernization of infrastructure. These neighborhoods, unlike the more stable Aradippou and Kamares, can offer buyers a significant increase in the value of their investment.
When choosing an apartment, it is worth considering the possibility of additional investments in interiors and energy-efficient solutions, which can increase the attractiveness of the property on the rental market and increase profitability. Investments of 10-20 thousand euros can significantly increase the competitiveness of the property on the market, especially in resort areas or areas sought after by expats.
Demand for real estate in Cyprus is steadily increasing and forecasts for the coming years suggest that prices will rise, especially in popular areas of the Larnaca coast. For those planning to rent or resell in the future, buying an apartment today is a strategic move that can provide capital growth and a steady income.
Read also:
- How much money do you need to live comfortably in Cyprus in 2024?
- Larnaca through the eyes of locals: which neighbourhoods do Cypriots choose to live in and why?
- Permanent Residency in Cyprus in 2024
- Renovation and restoration of old houses in Larnaca: Is it worth the investment?
- Transport in Larnaca: How to get around the city and its surroundings?
