Apartments for sale in Larnaca
One of the opportunities for foreigners to settle in one of the most picturesque resorts in Cyprus is to buy an apartment in Larnaca. It's the island's third-largest city and its central transport hub. Located on the southeastern coast, Larnaca has a rich historical heritage, well-maintained beaches, and various infrastructure facilities for visitors and locals. Here you can buy resort property in Cyprus on the seashore, close to tourist attractions, or closer to the center.
Literally a 10-minute drive from the city is an international airport. It is very convenient for those who love to travel and want to visit other resort locations in Cyprus, such as Limassol and Nicosia.
Thousands of foreigners come here annually to bask in the warm rays of the Cypriot sun, swim in the clear waters of the Mediterranean Sea, and simply have a good time with family or friends. Larnaca offers many cultural attractions and entertainment. Here you will find a medieval Ottoman fortress, an archaeological museum, and the picturesque Finikoudes promenade, where you can enjoy a beautiful sea view and try local cuisine.
Compared to other popular places in Cyprus, such as Limassol and Paphos, the cost of apartments in Larnaca is lower. This makes it attractive not only for recreation but also for business. If you are interested in buying an apartment in Cyprus, the city will offer you an assortment of properties on the secondary market and in new residential complexes. You can check offers and prices in the catalog on the Cyprus-Real.Estate website.
Apartments prices in Larnaca
The average cost of apartments in Larnaca is €246,989. On the local market, you can find both budget-friendly options and premium-class properties. The price varies depending on the specific complex, the area of the living unit, the number of bedrooms, the presence of additional amenities such as a swimming pool or terrace, and other features.
Below is the average price of flats in Larnaca with different numbers of bedrooms:
- Studios – €162,667;
- 2-bedroom apartments – €234,500;
- 3-bedroom apartments – €396,867;
- 4-bedroom apartments – €474,333.
Investment apartments in Larnaca
If you make the right choice and buy one of the flats for sale in Larnaca, it will be a profitable investment, which ensures reliable financial support in the long term. Larnaca's real estate market is one of the fastest-growing in Cyprus, and the demand for housing here is constantly increasing. This creates favorable conditions for rising apartment prices in the future. Over the past 3 months, the cost of this category of properties has risen by 4%.
Most new residential projects in the city meet the highest construction standards. They are equipped with modern amenities, including swimming pools, gyms, and gardens, prompting more and more investors to buy flat in Larnaca.
An additional incentive to purchase local apartments is the high rental yield. Thanks to the constant influx of tourists and an increasing number of long-term renters, you can receive a stable monthly profit of up to 9.67% per annum.
Buying apartment in Larnaca
Search for villas in Cyprus by key parameters and the desired price on Cyprus-Real.Estate! The catalog includes only verified properties from the country's leading developers and reliable agencies. You can consult our manager on issues related to the search and the purchase-sale process of apartments in Larnaca for investment and living. Leave a request on the site, and we will contact you promptly!