Real Estate in Larnaca

Larnaca is a major city on the island, with a history of 4,000 years. The city is on the southeast coast of Cyprus. The population is about 143,000 and it is the third largest city in Cyprus. Larnaca is only 30 minutes from Nicosia, 40 minutes from Limassol and 20 minutes from Ayia Napa. Geographical location on the map of Cyprus and proximity to most major cities, Larnaca has the advantage of an international airport, which is only 5 minutes' drive from the city center. The new airport was built recently and provides an opportunity to serve over 7 million tourists a year.
Larnaca has a traditional promenade and marina. The marina will soon be expanded and connected to the existing commercial port to serve over 1,000 yachts and will be the only stopover port for tourist and cruise ships in Cyprus. In terms of real estate, Larnaca offers a wonderful mix of modern and medieval architecture and owns a wide selection of beautiful locations and homes for anyone interested in buying or renting a property. Larnaca also offers real estate investment opportunities: holiday home and commercial property.
The last update of real estate prices in Larnaca is November 2016. Renting an apartment in Larnaca for a long time: the average cost of a 1-room apartment in the center of a large city is €276.00 (250.00-€300.00), a 1-room apartment in a residential area–€190.00 (150.00-€200.00); a three-room apartment in the city center will cost an average of €428.33 (350.00-€500.00), a three-room apartment in a residential area - €333.33 (300.00-€400.00). You can buy an apartment in the center of Larnaca for €1094.00/m2 (900.00-1570.00), in a residential area -€887.50 /m2 (700.00-€1250.00).