Two-bedroom apartment | Sea view | Port – Livadia – Larnaca | 700 metres from the sea

Description

We are pleased to present a cosy flat measuring 49.5 m², situated in Livadia, one of the fastest-growing areas of Larnaca. It is ideal for those who appreciate peace and quiet, proximity to the sea and the comfort of everyday life in a prestigious seaside neighbourhood.

Location

The development is situated right by the harbour in Livadia, just 700 metres from the sea. There are restaurants, cafés and shops in the immediate vicinity, as well as what is set to be Larnaca’s largest urban development project – Land Of Tomorrow.

Convenient access to the motorway means that the rest of the island is within easy reach, whilst the local area retains its intimate atmosphere, which promotes relaxation and a sense of security.

Layout

The flat consists of:

• living room with kitchenette,
• bedrooms,
• bathrooms,
• terrace (11.90 m²).

Facilities

Apartment owners can look forward to a range of additional benefits that enhance their everyday living standards and make their leisure time more comfortable:

• a designated parking space,
• tenants’ storage room,
• a swimming pool on the development site,
• sea view.

Price and terms of purchase

The price of the flat is €180,000 net and includes a storage room and a parking space, which, at a price of €3,636.36 per m² is a very competitive proposition compared with the rest of the market. The appeal of this offer stems primarily from the fact that it is a first-hand account – directly from the developer, without estate agents or the mark-ups typical of the secondary market.

Investment potential

Property in Cyprus has been attracting a great deal of interest from investors for years. The average gross rate of return for flats and apartments, it is estimated at 4.5–6%, whilst for short-term rentals it can be as high as 10%. On top of that, there is a real chance that the property’s value will increase in the coming years.

Life in Larnaca

Larnaca is a well-known and popular resort, prized for its extensive tourist infrastructure, sandy beaches and wealth of historical sites. It is a place where you can fully enjoy the Mediterranean way of life – from morning coffee on the promenade to evening strolls by the water.

Among other things, it’s worth visiting the picturesque Foinikoudes Promenade, charming St Lazarus Orthodox Church and the famous Lake Solne, which serves as a haven for waterfowl. History and architecture enthusiasts will certainly also enjoy a stroll around the medieval castle in Larnaca.

We encourage you to take a look at other flats available in our portfolio, as well as from other properties located in Larnaca.