Discover the reasons of investing in Larnaca, Cyprus!
Investing in Cyprus for the the last 7-10 years is a common phenomenon internationally. You will probably be aware of the cities of Limassol, Paphos, and Nicosia and their up and coming projects available for investment.
However, the future of Cypriot Real Estate opportunities is Larnaca. This is one of the most promising and developing cities of Cyprus. There are many large projects under construction such as “Metropolitan Shopping Mall”, Marina of Larnaca, “Wave Tower”, “QN KITION Residence” “The Pearl” etc.
Below you can explore the main reasons why to invest in Larnaca.
- First things first - Prices are still undervalued. This the right time to invest in Larnaca rather than other cities. By now you realize that prices are much higher in other Cypriot cities and it continues to develop. However, it has yet to reach it’s peak. This is the right time to invest with a view of greater capital appreciation, and subsequently higher yields. Investors can invest in this beautiful coastal city, and there is an abundance of apartments, houses, hotels, business hubs etc. available for sale.
- Fantastic location! Larnaca in between Limassol as well as Nicosia and Ammochostos. As a result, it is less than 40 minutes driving distance from 3 major cities – except Paphos which is at the very edge of island and is a 1- and 20-minute drive away.
- Larnaca International Airport is one of the main reasons to invest. Business and/or leisure visitors and tourists find this city to be the main entry point. Larnaca International Airport has upgraded its facilities, offering travelers an enjoyable experience. From here there is easy access to the city center.
- Marina – it’s been a long time since we started to hear about the Marina in however, the project is under study and very soon it will be set in action. As a result, luxurious facilities, more available jobs, and more development will add to the attractiveness and have a positive effect on the number of tourists visiting.
- Last but not least – Larnaca, benefits from unspoiled sandy beaches, all year-round sun, and has achieved the blue flag award for its beaches. Additionally, there is a family friendly environment throughout the city, and activities for any range of age!
Are you still wondering which is the most promising city in Cyprus?
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