Description
W Livadii, in one of Larnaca’s most prestigious neighbourhoods, a development is under construction offering A 2-bedroom flat with a floor area of 50 m². This is an option for those who appreciate the intimate atmosphere of the area and access to extensive leisure facilities.
A prestigious neighbourhood with growth potential
The immediate vicinity of the planned, exclusive Land of Tomorrow development further enhances the location’s appeal. It also offers quick access to shops, restaurants, cafés and amenities.
Layout
The flat consists of:
- living room with kitchenette,
- bedrooms,
- bathrooms,
- terrace (25 m²).
An extensive leisure area
Residents have access to a public swimming pool, a gym, a sauna and a spa area, as well as a children’s playground, a conference room, a tennis court and a football pitch.
- tenants’ storage room,
- car park.
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 €164,000 net, the price includes a storage room and a parking space (€3,220 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, which eliminates the additional mark-ups charged by intermediaries.
An investment with real potential
Livadia is one of the fastest-growing districts in Larnaca, highly regarded by 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 property’s value over the coming years, bolstered by its proximity to the Land of Tomorrow project.
The Mediterranean lifestyle in Larnaca
Larnaca is a city where the sun and the sea blend with a rich history. Among the local attractions, it is worth mentioning the historic The Orthodox Church of St. Lazarus, picturesque The Turkish Quarter (Skala) and historical Larnaca Castle. 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 by both those looking for a permanent home and investors interested in letting property.
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.
