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Property 6042 Larnaca / 48370

Luxury Residences With Stunning Park Views.

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For Sale • Deal

450,000€

Estimated Mortgage

/month

2

beds

3

baths

87

m2

Community

Property Type

Penthouse

Bedrooms

2

Bathrooms

3

District

Larnaca

Covered/Built m2

87 m2

Property Description

Introducing A Park View Residences in Larnaca Project Overview The Residences presents a refined blend of luxury, comfort, and contemporary design. This new project comprises nine spacious two-bedroom residences, including three exclusive penthouses.

Uniquely positioned with uninterrupted views of Salina Park, this development seamlessly integrates modern architecture with its natural surroundings, creating a serene and highly livable environment. Exceptional Features - Prime Location: Ideally situated in the heart of Larnaca, facing the lush and tranquil Salina Park. - High-Quality Construction: Built to the highest standards, ensuring durability, energy efficiency, and long-term value for residents.

- Security and Privacy: Equipped with state-of-the-art security measures prioritizing the safety and privacy of all residents. - Park Views: All residences benefit from unobstructed views of Salina Park, enhancing the overall living experience. Project Details - Number of Apartments: 9

- Expected Completion: 24 months from the start date. - Project Start Date: May 2026 Location Advantages The Residences caters to discerning end-users and investors seeking a premium, low-density development in a prime urban location.

Nestled in the vibrant coastal city of Larnaca, known for its rich heritage and lively atmosphere, this project offers:

  • - Accessibility: Just 6 km from Larnaca International Airport and a short distance from the historic Old Town and the famous Finikoudes beachfront.
  • - Urban Exclusivity: Experience an elegant sense of exclusivity, situated only two minutes from the Old Town and the beach, and moments away from premier amenities, fine dining, boutique shops, and vibrant leisure destinations.
  • - Convenient Connectivity: Immediate access to major transportation routes and public transit ensures seamless connectivity for residents.
  • Investment Potential
  • Larnaca is recognized for offering strong buy-to-rent opportunities, making it an attractive destination for investors.

Key points include:

  • - Rental Yields: Apartments in Larnaca typically generate annual rental yields of 5-7%, supported by steady tourism, a growing local population, and significant infrastructure upgrades.
  • - Competitive Pricing: Property prices in Larnaca remain more competitive compared to other coastal cities, translating to higher yield-to-price ratios for investors.
  • - Ongoing Urban Development: With continuous urban development and rising occupancy rates throughout the year, Larnaca offers a compelling balance of income potential and long-term value growth.
  • Conclusion
  • The Residences provides a unique opportunity to experience luxury living in one of Larnaca’s most desirable locations.
  • With its blend of quality construction, exceptional views, and prime positioning, it is an ideal investment for those seeking both residence and opportunity in Cyprus.
  • For more information or to express interest, please contact us.

Sustainability

Solar Panels/ Photovoltaic

Energy Efficency Rating

No Required/ Pending

Property Highlights

Balcony

Veranda/Porch

Electricity

Water

Video Door Phone

En-suite

Lift/Elevator

Storage Room

City Views

Location

Property 6042 Larnaca / 48370
Fox Smart Estate Agency
Fox Smart Estate Agency

Fox Paphos Office

License 344/E

33/479

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Transfer Fees

Transfer Fees Individual

14,600 €

Transfer Fees Joint Names

11,200 €

Stamp Duty

808 €

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