3 bedrooms Apartment in Larnaca, Cyprus No. 65912

1
3 bedrooms Apartment in Larnaca, Cyprus No. 65912
ID65912 $ 550 056
65912

Property description

Discover an exceptional opportunity with this three-story mixed-use development located in the thriving Port Area of Larnaca. Currently undergoing redevelopment, this property offers a perfect blend of residential and commercial spaces in one of the city's most desirable locations.

Project Highlights:

Mixed-Use Development: The building features six spacious 3-bedroom apartments and three ground-floor shops with mezzanines, providing versatile options for both living and business.

Strategic Location: Situated close to Makariou Avenue, the property is ideally positioned within walking distance to the renowned Finikoudes Blue Flag Beach, offering the best of coastal living and vibrant city life.

Excellent Accessibility: Enjoy proximity to all essential amenities, including shops, restaurants, cafes, and public transportation, making it a prime location for both residents and businesses.

This redevelopment project is perfect for investors looking to capitalize on the growing demand in the Larnaca area.
Whether you're seeking a premium residential space or a high-visibility commercial location, this property offers a unique and lucrative opportunity.

Delivery March 2025.

Reference number: 232381
Property area: 130 m2
Type: Apartment
Parking: No
Condition: Under construction
Included: Elevator, Balcony
Postal code: 6018
Energy Efficiency: A
Bedrooms: 3
Square meter price: €4.000 /m2
Bathrooms: 2:
Larnaca - Statistics
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ParametersLarnaca
Rent Per Month
Apartment (1 bedroom) in City Centre$ 985.20
Apartment (1 bedroom) Outside of Centre$ 729.62
Apartment (3 bedrooms) in City Centre$ 1 666.10
Apartment (3 bedrooms) Outside of Centre$ 1 263.86
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 3 178.85
Price per Square Meter to Buy Apartment Outside of Centre$ 2 338.59
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ParametersLarnaca
Crime Index29.52
Cost of Living and Rent Index37.65
Purchasing Power Index73.15
Property Price to Income Ratio9.48
Safety Index70.48
Traffic CO₂ Index10693.20
Traffic Inefficiency Index410.76
Rent Index22.36
Health Care Index58.82
Groceries Index49.76
Pollution Index51.91
Traffic Commute Time Index41.20
Restaurant Price Index49.26
Climate Index94.95
Cost of Living Index49.95
Quality of Life Index149.99
Traffic Index209.39
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ParametersLarnaca
Restaurants
Meal, Inexpensive Restaurant$ 16.08
Meal for 2 People, Mid-range Restaurant, Three-course$ 53.59
McMeal at McDonalds (or Equivalent Combo Meal)$ 8.36
Domestic Beer (0.5 liter draught)$ 3.22
Imported Beer (0.33 liter bottle)$ 4.02
Coke/Pepsi (0.33 liter bottle)$ 1.56
Water (0.33 liter bottle) $ 0.86
Cappuccino (regular)$ 3.29
Markets
Milk (regular), (1 liter)$ 1.52
Loaf of Fresh White Bread (500g)$ 1.86
Eggs (regular) (12)$ 3.62
Local Cheese (1kg)$ 13.72
Water (1.5 liter bottle)$ 0.85
Bottle of Wine (Mid-Range)$ 6.96
Domestic Beer (0.5 liter bottle)$ 1.71
Imported Beer (0.33 liter bottle)$ 2.45
Cigarettes 20 Pack (Marlboro)$ 5.36
Apples (1kg)$ 2.89
Chicken Fillets (1kg)$ 8.40
Oranges (1kg)$ 2.17
Potato (1kg)$ 1.36
Lettuce (1 head)$ 0.66
Rice (white), (1kg)$ 2.93
Tomato (1kg)$ 2.72
Banana (1kg)$ 1.76
Onion (1kg)$ 1.29
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 12.42
Transportation
One-way Ticket (Local Transport)$ 2.57
Monthly Pass (Regular Price)$ 53.59
Gasoline (1 liter)$ 1.50
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 25 186.43
Taxi Start (Normal Tariff)$ 6.97
Taxi 1km (Normal Tariff)$ 2.14
Taxi 1hour Waiting (Normal Tariff)$ 26.79
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 30 545.25
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 166.01
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 33.33
$ 21.16
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 1 454.50
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate3.80
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 66.09
Tennis Court Rent (1 Hour on Weekend)$ 33.94
Cinema, International Release, 1 Seat$ 10.72
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 75.02
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 32.15
1 Pair of Nike Running Shoes (Mid-Range)$ 83.95
1 Pair of Men Leather Business Shoes$ 101.82
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 392.98
International Primary School, Yearly for 1 Child$ 11 432.14
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
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CityLarnaca
TypeApartment
Bedrooms3
Living space130 m²
  • sq. ft
Price
  • Price
  • per m²
$ 550 056