Investment Property Locations in Larnaca
Expected Growth in Larnaca Property Prices
Larnaca has seen dramatic property growth in the last 3 years due to the Pafos region being about 20% more expensive, leading potential buyers to the Larnaca region of Cyprus. Being in a seaport with a small recreational marina and the new Tersefanou PGA golf course due to open in 2010, the coastline and golf course are attracting the most interest for Larnaca investment property. Use our advanced search to find properties in these locations.
Stable and Substantial Market - Larnaca
Larnaca town with a 120,000 population as a good all year round demand for all products and services and is not greatly influenced by the tourist trade, unlike, Pafos, Ayia Napa and Protaras which are very quiet in the winter months. Renting in the area is either yearly for the locals, or weekly for the tourists.
Solid Base for Investment Return
The demand for Larnaca investment property is increasing with the international airport on the doorstep, a good selection of international schools and an abundance of shopping outlets to satisfy the increasing requirements of the cosmopolitan cliental.
Location Location Location - Investment Property Larnaca Locations
West of the airport and only a ten minute drive to catch a flight, on the beach with a wide variety of houses, villas, apartments, townhouse and maisonettes to consider.
This fishing village was a tiny backwater, a speck on the map but with land prices increasing and international demand for sea view properties, Zygi is a place for any prospective investment property buyer.
Area between Zygi and Pervoli
The coast road from Zygi to Pervolia meets all potential investment criteria's; sea views, walking distance to the beach, close to all amenities and a good selection of properties in varying price ranges.
The Dhekelia road stretches from just outside the town leading west as far as the British Bases at Dhekelia garrison. The whole area has sea views being on the coastline and in demand from investment tourist weekly rentals. There are mainly villas and houses available due the cost of land in this area, although maisonettes and apartments are consider as good investment options.
Golf course properties are the main focus of many investment property portfolio's and a wide selection of villas, houses, apartments and townhouses are all available, either on the golf course in Tersefanou or the near by villages. The €300 million resort 18-hole golf course at Tersefanou that consists of:
- 285 two, three & four bedroom villas
- 211 one, two & three bedroom apartments
- 40 ‘hotel-style' rooms in the complex
There will also be a clubhouse, purpose built function rooms, spa facilities and a village square.
Latest News: 16.10.2008 - Approval from the Cyprus Government expected with-in Two Months.
Lastest Latest News: 25.2.2009. Approval granted.
Very Latest News. Construction work to start in September 2010
The present marina has capacity for 450 boats; this will be upgraded to 1,000. Therefore, the area on the beach front, near the marina, may hold prospects for potential Larnaca investment property.
See Also: Ayia Napa Investment Property | Larnaca Investment Property | Polis Latchi Investment Property | Limassol Investment Property | Paphos Investment Property | Protaras Investment Property | Pissouri Investment Property | Nicosia Investment Property