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RentSaleGlobal-Property.Investments contains over 397 housing options for those who want to buy a property in Larnaca. Investors can purchase properties directly from leading developers at the best prices. Go to the catalogue and use the filters where you can sort the properties for sale in Larnaca you are interested in by cost, number of bedrooms, area, and location. Contact the broker by phone or in messengers to discuss the property in Larnaca you like and the details of the transaction.
Property prices in Larnaca vary depending on the year of construction, area, location and additional amenities. The lowest cost of apartments is €65,000, and houses – €220,000. The highest cost of property in Larnaca is €12.012 million.
There is a large selection of properties of various sizes ranging from 1 m² to 1,433 m².
To obtain a residence permit, overseas investors need to purchase houses or apartments in Larnaca, which belong to primary housing. The minimum purchase amount is €300,000 + VAT. Family members of the real estate owner will receive visas as well.
Villas, apartments and penthouses are in great demand in the city. Residential complexes have swimming pools, fitness rooms, playgrounds and parking lots. Some houses have large outdoor areas with pools, gardens and magnificent sea views.
This region successfully combines the tranquillity of the traditional Cypriot lifestyle with the dynamics and amenities of a modern resort town making it especially attractive to tourists and investors. This is influenced by:
- A large selection of properties in Larnaca, Cyprus, in different price categories;
- The opportunity to rent out an overseas property;
- A long tourist season;
- An advanced tourist infrastructure: international airport, beaches and cultural attractions.
Flats and villas are in great demand among tourists and buyers. The season here lasts almost a whole year, and you can earn money by renting out your real estate in Larnaca. Owners can also use the accommodation for their own holidays for 2–4 weeks a year without loss of income.
Property for sale in Larnaca
The city, located in the south-east of Cyprus, stands out for its unique combination of ancient history and modern comfort, where you can find picturesque beaches near the Mediterranean Sea. Famous sights are located here – St. Lazarus Church, Salt Lake, Hala Sultan Tekke Mosque, Aphrodite Trail, beaches, marinas, and parks. It is home to the country’s largest international airport, which is convenient for people who travel frequently.
This is a popular location for investors with a stable growth of the real estate market, where there are many options for purchase, including:
- Apartments in multi-apartment buildings. The layouts include open-plan kitchens with dining and living rooms, bedrooms, balconies, one or more bathrooms. Some of the properties include kitchen sets with household appliances and air conditioners. The new residential complexes have communal pools, gyms, parking lots, security and video surveillance systems;
- Penthouses are luxurious and spacious residences, which are sometimes located on two floors. They can have panoramic windows, balconies and terraces, furniture and finishes made of premium materials. Some penthouses have pools, Jacuzzis, offices, staff rooms and gardens;
- Villas in Larnaca are available on both the primary and secondary real estate market. The new mansions are equipped with panoramic windows, swimming pools, gardens, terraces and verandas. Some communities have direct access to the beaches.
The city has a limited collection of housing on the primary market, including real estate for sale in Lernaca in the villages of Panorama Beachfront Residences, Sophia Garden and Antonia Maria, as well as the Academia Tower residential complex. Buyers can choose an off-plan overseas property, including the Roy Terraces apartment complexes — Plus 21, Wave Tower, Executive Residency Marina by Best Western, Q Park View and a community with Majestic Villas and Green Habitation mansions.
The prices of buying real estate in Larnaca vary depending on the prestige of the location. The average value per 1 m² reaches €2,600, and is about €2,000 outside this area. The most expensive areas to buy a property for sale in Larnaca are Finikoudes, Harbour, Mackenzie, Perivolia and Meneu. Housing at medium or affordable prices can be purchased in Livadia, Kamares, Oroklini and Aradippou.
Reasons for investing in a property in Larnaca
The Republic will become a profitable option to buy an investment real estate in Larnaca, which is influenced by a stable economy, market growth and a flexible tax system. It has a favourable climate, well-developed infrastructure and a high quality of life. Foreigners made 44.3% of all deals in 2023, which indicates the demand for the location among overseas investors and people who want to purchase a property in Cyprus and relocate here.
Investing in a property in Larnaca is an attractive option. This is evidenced by the fact that the city has become the third most popular in Cyprus, as it was here that 19% of all transactions in the country were concluded in 2023. The elite sector accounted for 12% of the contracts. The cost of sales increased by 28% compared to 2022.
The city is considered one of the country’s key regions with various properties in Larmana for investment, as it has a strategic location by the sea, infrastructure and rich cultural heritage. It is a crucial tourist hub with a state-of-the-art business sphere, which ensures the demand for rent. Holidaymakers, startups, digital nomads and employees hired by local companies come here.
Investors can acquire an off-plan overseas property, as its price may rise by about 10–30% by the time it is put into operation. You can resell your home when prices rise, if your plans to rent it out or reside in the country change.
Buying real estate in Larnaca
Our aggregator offers the opportunity to purchase accommodation in Cyprus ideal for your preferences and budget. The website has an extensive and updated real estate database. It includes finished complexes, new buildings and off-plan projects, which allows you to pick up the best home in the region based on your goals. Using convenient search filters, you will find the perfect residence considering its value, location and amenities. Check out our catalogue, which contains offers from reliable developers and real estate agencies.