2-bedroom flat for sale | Larnaca – Aradippou | Southern Cyprus

Description

In one of the quietest parts of Larnaca, in the district of Aradippou, a development is under construction offering A 2-bedroom flat with a floor area of 50 m². This is an option for people who appreciate the tranquillity of a residential estate, whilst also wanting to have full access to the city’s amenities.

A prestigious neighbourhood offering every comfort

The location offers peace and comfort, whilst being close to the main road and just a few minutes’ walk from Larnaca’s largest shopping centre – Metropolis Mall. In the immediate vicinity, you’ll find cafés, restaurants, cosy little shops, large supermarkets, florists and chemists.

Layout

The flat consists of:

• living room with kitchenette,
• bedrooms,
• bathrooms,
• terrace (16 m²).

Practical amenities

• parking space,
• tenants’ storage room.

The developer also offers premises of other sizes and layouts within the same complex, making it easy to find a space that suits your needs.

Price and terms of purchase

The flat has been valued at €135,000 net, the price includes a storage room and a parking space (€2,700 per square metre). This favourable 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, which eliminates the additional mark-ups charged by intermediaries.

An investment with real potential

Property in Cyprus has for years been attracting 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 where the sun and the sea blend with a rich history. Among its attractions, it is worth mentioning the picturesque Lake Solne, charming Foinikoudes Promenade perfect for walks and historic Larnaca Castle. It’s a place that’s perfect for both active holidays and moments of relaxation over a good cup of coffee with a view of the sea.

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 those looking for a permanent home and by investors interested in letting or holiday accommodation.

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.