Description
If you’re looking for a flat where calm i the intimate atmosphere of the neighbourhood Combined with its proximity to the sea and the city’s amenities, this flat in Larnaca could be exactly what you’re looking for.
A prestigious neighbourhood on the shores of Flamingo Lake
The development is situated in the district of Aradippou–Krassas in Larnaca, right next to Flamingo Lake, which in winter becomes a natural haven for these remarkable birds. It is a location with a rare charm – a quiet, safe setting, yet with excellent transport links to the rest of the island.
Thanks to its proximity to the motorway, you can quickly reach both Ayia Napa, as well as to Limassol, and Larnaca Airport is just 10 km. You’ll also find everything you need for day-to-day life in the neighbourhood:
- shops and service outlets,
- restaurants and cafés,
- schools and pharmacies.
Layout
The flat consists of:
- living room with kitchenette,
- bedrooms,
- bathrooms,
- terrace (16.30 m²).
The premises are situated at 2nd floor, which ensures plenty of natural light inside and a pleasant view from the terrace. The flat also comes with parking space and tenants’ storage room, which really does make everyday living more comfortable. The developer also offers other floor areas and layouts within the same development, so it’s worth enquiring about the available alternatives.
Price direct from the developer
The price of the property is €159,000 net, which, given the area 50 m² sets the rate €3,180 per square metre. This is an attractive price point, resulting directly from the fact that it is a first-hand offer – You’re buying directly from the developer, rather than on the secondary market, so there’s no mark-up from resale and no hidden charges for a parking space or storage room.
Buying from a developer also offers greater peace of mind throughout the transaction – a brand-new, unused property, clear documentation and a guarantee covering the construction work carried out.
Investment potential
The rental market in Southern Cyprus remains one of the most stable in the region. The average gross return on rental properties is estimated at 4.5–61 TP4T per year, and with short-term rentals, you can even expect 10% refund. Added to this is the potential for the property’s capital value to increase over time.
The Mediterranean rhythm of everyday life
Living in Larnaca isn’t just about having a comfortable home; it’s also about a lifestyle centred on sunshine, the sea and tranquillity. Among the attractions worth checking out are, amongst others:
- The Salt Lake in Larnaca,
- the picturesque Foinikoudes promenade,
- The Orthodox Church of St Lazarus (Agios Lazaros).
It is a place where sandy beaches, water sports and well-developed tourist facilities blend with the intimate atmosphere of a residential neighbourhood – the perfect combination for those who value both active leisure and moments of relaxation.
Why you should consider Larnaca
Larnaca is one of Cyprus’s most versatile cities – it combines the appeal of a popular holiday resort with excellent transport links (an international airport, motorways) and a stable property market. It is precisely this balance that makes the area increasingly popular with both families and investors seeking a secure investment in a prestigious part of the island.
Are you looking for other options of this kind? Take a look at our full range flats in Cyprus.
Are you interested in the same area? Take a look at other property listings in Larnaca.
