A new residential complex, Plus 82, is being developed in the centre of Larnaca as part of a rapidly developing urban neighbourhood. The project comprises 48 residential units, including modern studios and one- and two-bedroom apartments designed for permanent residence as well as buyers considering property as an investment or holiday home.
The complex is being built just 70 m from Ermou Street, one of the city's main shopping streets. The famous Finikoudes Beach and promenade are just a few minutes' walk away, at a distance of 300 m. The Church of Saint Lazarus, one of Cyprus' best-known landmarks, is also only 500 m from the development.
Convenient Location and Well-Developed Infrastructure
One of the project's main advantages is its location in the historic centre of Larnaca. Shops, cafés, restaurants, supermarkets, educational institutions and cultural attractions are all within walking distance. The location is particularly popular among buyers who want to live without having to use a car every day. In addition, the area is well connected to other parts of the city and Larnaca International Airport, making the properties attractive for both short-term and long-term rentals.
Interest in Larnaca real estate continues to grow. In recent years, the city has become one of the most dynamically developing areas in Cyprus thanks to major infrastructure upgrades, the expansion of the tourism sector and the implementation of new residential and commercial projects. The redevelopment of the coastal area and the development of the former port and future marina site are providing an additional boost, increasing the investment appeal of central districts. Analysts note that demand from both foreign buyers and local residents remains high, particularly for properties located close to the sea and urban infrastructure.
For Living, Holidays and Rental Income
The new project is aimed at a wide range of buyers. Studios are suitable for young professionals and investors, while one- and two-bedroom apartments are designed for families, second-home owners in Cyprus and those planning to generate rental income. The proximity to Finikoudes Beach, the historic centre and the city's main attractions makes these properties particularly attractive to tourists and tenants. This is why market experts consider high-quality real estate in central Larnaca to remain one of the most promising segments of the Cyprus residential property market.