Description
W Aradippou, in one of Larnaca’s most sought-after neighbourhoods, a modern residential development is under construction, as part of which we are offering A 2-bedroom flat with a floor area of 50 m². This is an ideal option for those who appreciate the tranquillity of a residential estate whilst being close to all the city’s amenities.
A cosy neighbourhood with good transport links
The location combines the tranquillity of a residential neighbourhood with proximity to schools, shops and restaurants. Residents also benefit from easy access to the beaches and the airport, making this area a practical choice both for permanent residence and as an investment.
Layout
The flat consists of:
- living room with kitchenette,
- bedrooms,
- bathrooms,
- terrace (9 m²).
Practical amenities
- parking space,
- tenants’ storage room.
The developer also offers other floor areas and layouts within the same development, allowing you to tailor the property to your individual needs.
Price and terms of purchase
The flat has been valued at €155,000 net, the price includes a storage room and a parking space (€3,100 per square metre). This attractive rate is due to the fact that it is a first-hand offer – the property comes directly from from the developer, rather than from the secondary market, thereby avoiding the additional mark-ups charged by intermediaries.
An investment with real potential
Property in Cyprus has for years attracted the attention of investors seeking stable capital growth. The average gross rate of return for flats and apartments is estimated at 4.5–6%, whilst for short-term rentals this ceiling can be as high as 10%. Added to this is the potential increase in the value of the property itself in the coming years.
The Mediterranean lifestyle in Larnaca
Larnaca is a city that combines history with modernity and a sunny climate. Among the local attractions, it is worth mentioning the historic Hala Sultan Tekke Mosque, picturesque The Turkish Quarter (Skala) and impressive The Kamares Aqueduct. It is a place that lends itself to both active holidays and relaxation in keeping with the Mediterranean way of life.
Why choose Larnaca?
Larnaca combines a well-developed urban infrastructure with the charm of a seaside resort and its proximity to an international airport. It is a location appreciated both by families looking for a permanent home and by investors interested in letting properties.
Are you looking for other flats of a similar standard? Take a look at our the full range of apartments in Cyprus.
Are you interested in more options in this region? Take a look at property listings in Larnaca.
