Larnaca is the third largest city in Cyprus after Nicosia and Limassol, located on the southeastern coast of the island. Many tourists visit Larnaca for a beach holiday, which lasts from April to November. However, a hotel holiday is not the only thing to do on the island. Larnaca is an ancient city and is known for its historical attractions. The city has several ancient churches, Larnaca Castle, and an archaeological museum.
The developers in Larnaca are represented by a large number of local and international companies of varying sizes. There are large companies with dozens of ongoing projects, as well as small family businesses that build only one property at a time. Real estate in Larnaca includes apartments, villas, and townhouses, as well as some commercial properties.
For beach lovers, the city offers three beaches: Finikoudes, Kastela, and Mackenzie. The beaches have very similar characteristics: sandy, well-maintained, with clean water. Investors considering the option of purchasing property in Cyprus consider Larnaca as one of the priority locations. The cost per square meter in this city is lower than in Limassol, but the tourist flow is large, and the investment potential of real estate is at a high level. Real estate in Larnaca is purchased both for short- and long-term rental purposes and for resale with profit. Both strategies are good for this location.
On our website, you can find ratings and reviews of Larnaca's real estate developers. Studying the real experiences of buyers will help you form your own opinion about the investment potential of the city, the quality and timing of construction, and the reliability of developers. This will help you make an informed decision about purchasing property in Larnaca.