3 bedrooms Apartment in Larnaca, Cyprus No. 71944

3 bedrooms Apartment in Larnaca, Cyprus No. 71944
ID71944 $ 550 056
71944

Property description

A new 3 bedroom apartment in Larnaca, 80 meters from Mackenzie beach.

This luxurious project features apartments with private gardens and roof terraces and is located in Mackenzie, the best touristic area and luxurious neighborhood surrounded by various amenities, at only 80 meters from the beach!

Covered Internal Area - 110 m2

Covered Veranda - 28 m2

Garden - 178 m2

Total area - 316 m2

Approx. Completion Date: May-25

Price+VAT

There are numerous reasons why buying property in Larnaca, a charming city located on the southeastern coast of Cyprus, is a smart choice. Larnaca offers a unique blend of natural beauty, rich history, economic potential, and a relaxed lifestyle, making it an appealing destination for investors and individuals seeking a new place to call home.

1. Strategic Location: Larnaca enjoys a strategic location, making it easily accessible from major cities and international destinations. The city is home to the country's main international airport, providing excellent connectivity to Europe, the Middle East, and beyond. Larnaca is also well-connected to other Cypriot cities, making it convenient for travel within the island.

2. Expanding Economy: Larnaca has experienced significant economic growth in recent years, with thriving sectors such as tourism, shipping, services, and real estate. The city's strategic location, coupled with government initiatives to attract investment, has created a favorable business environment, presenting opportunities for economic prosperity and job creation.

3. Beautiful Beaches: Larnaca boasts stunning sandy beaches with clear turquoise waters, offering residents and visitors an opportunity to relax, swim, and enjoy water sports. The city's coastline is dotted with Blue Flag beaches, ensuring high-quality standards and pristine environments.

4. Rich Cultural Heritage: Larnaca is steeped in history and culture, with numerous historical sites and landmarks. The city is home to the Church of Saint Lazarus, an impressive Byzantine church dating back to the 9th century, as well as the Larnaca Salt Lake, a protected area that serves as a habitat for migratory birds.

5. Affordable Property Prices: Compared to other popular destinations in Cyprus, Larnaca offers relatively affordable property prices, making it an attractive option for buyers. Whether you're looking for a beachfront apartment, a traditional village house, or a modern villa, Larnaca provides a range of options to suit different budgets and preferences.

6. Multicultural Environment: Larnaca is known for its welcoming and diverse community. The city attracts a mix of locals, expatriates, and tourists, creating a multicultural environment that fosters cultural exchange and integration. This vibrant community adds to the city's charm and offers opportunities for networking and new friendships.

7. Vibrant City Life: Larnaca offers a vibrant city life with a variety of entertainment options. The city is home to a bustling promenade lined with restaurants, cafes, and shops, where residents can enjoy a leisurely stroll or indulge in local cuisine. Larnaca also hosts cultural events, festivals, and exhibitions throughout the year, showcasing the city's rich traditions and artistic talents.

8. Infrastructure and Amenities: Larnaca boasts modern infrastructure and amenities, including schools, universities, medical facilities, shopping centers, and sports facilities. The city has undergone significant development in recent years, ensuring a high standard of living and convenience for its residents.

In conclusion, Larnaca offers a compelling combination of natural beauty, cultural heritage, economic potential, and a relaxed lifestyle. Whether you're looking for a property investment or a new place to call home, Larnaca provides a welcoming environment and numerous opportunities for growth and enjoyment.

Project Details:

Iconic Residential Project

Common Pool

Sea View

Facing Public Garden

Covered & Underground Parking Spaces

Reference number: PPG-P21-B101
Property area: 138 m2
Type: Apartment
Condition: Under construction
Energy Efficiency: N/A
Bedrooms: 3
Square meter price: €3.768 /m2
Bathrooms: 3:
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 space138 m²
  • sq. ft
Price
  • Price
  • per m²
$ 550 056