Posts tagged: Larnaca Property

The Benefits Of Property In Larnaca Cyprus

One of the things that makes Larnaca so unique is that it is in some ways all things to all men. The airport is only a few kilometers outside the town center making it a perfect holiday destination without the hassle of long airport transfers. The town also boasts an award winning sandy beach,marina and the Islands main port. The promenade in runs between the beautiful beach on one side and a host of sea front restaurants on the other. The pretty marina sits at one end and an ancient medieval fort is situated at the other. The whole of the Larnaca sea front area is immaculately maintained and there is plenty of seating where you can just chill out with an ice cream whilst taking in the sea view.

All these pluses go towards making Larnaca a great place to buy Cyprus property either for that dream holiday home or as an investment property. There is plenty of development going on in the area too so prospective investors in property should have no problems finding an ideal plot or two. The coastal vilages like Oroklini are still up and coming and they are just outside the bustling town whilst being close to the Islands main coastal motor way. These developments would be ideal for property investors interested in benefiting from the booming Cyprus holiday rental market.

There are plenty of other great reasons why Larnaca could be the perfect place to own a Cyprus property. Not least the fact that it is a major town and municipal district in it’s own right. If you want everything at your fingertips then this is the place to be. There are more shops than you could shake a stick at including many of the larger chain stores such as Debehams and Marks & Spencers. The town has a thriving commercial sector and beyond the town are several industrial estates. In fact the area really is thriving both in terms of commerce and tourism too. It’s little wonder therefore that property prices are rising steadily all over the area especially close to the coastal resort itself.

With so much going for Larnaca both as a town and a holiday resort deciding to buy property in the area should be a no brainer. The out of town developments should show the most growth in value if only due to theire exclusivity appeal. In recent years prices of similar developments have been boosted by the influx of locals seeking a suburban life style away from the main Cyprus town centers and the area looks set to do likewise. Larnaca has seen some major investment over recent years both in infrastructure and ongoing development. In fact as I write this article the airport is being totally rebuilt which is a sure sign of ongoing confidence in the area.

If that’s not enough to attract cyprus property investment in Larnaca there may be even better to come. GOLF! The magic word that any property speculator loves to hear. Golf,sea sun and beautiful Cyprus property just have to be the perfect mix for a boom economy. There has been much talk recently of a proposed golf and leisure development in the area which would include luxury properties of all sizes. Villas apartments and luxury bungalows are all in the mix of this much talked about development that would put Larnaca right into the premier league of Cyprus golf resorts.

With so much going on there already the area looks set to be a property investors dream come true. Golf,shopping sea and a great helping of Cyprus sun make Larnaca property the perfect Choice for holiday lets or residential homes alike. There is even talk about extending the marina to accommodate all those luxury power boats that the speculators will be able to afford with their property profits. So if you are looking to Cyprus as an investment opportunity perhaps you should seriously consider Larnaca property.

Larnaca Property And Golf In Cyprus

Wherever there’s golf and sun there is also money in property. Perhaps that’s why Larnaca in Cyprus is causing a stir amongst property speculators and holiday home investors alike. A new golf resort in the Larnaca area of Cyprus has been extensively talked about over the last few years. These ambitious proposals also include the building of a new super marina suitable for luxury yachts and a whole host of associated development. As the countries economy continues to grow investors are enjoying a new confidence in Cyprus with some grand projects already under their belts. The Islands capital Nicosia continues to develop at a rapid pace and the recent building of it’s first shopping mall including the Ikea store bears testament to investor confidence in the Island. In fact the climate now appears ideal for further bold investment.

The influx of foreign money generated by the Cyprus property boom has been a major contributing factor to this optimistic view for sure. However this new wealth has created a large amount of disposable income and those that have it are looking for places to spend it.This has created the demand for European shopping centers like the Cyprus mall and improved leisure facilities such as golf. Some observers are predicting the building of more shopping centers in the principle towns and further investment in golf property. Larnaca therefore would look set as the ideal location for both. It’s close proximity to the Islands principle airport coupled with ease of access to the rest of Cyprus strengthens this argument even further.

Larnaca property is not the most expensive in Cyprus right now but of course all that could change very quickly. Once golf arrives in an area prices tend to increase rather quickly and tardy investors often find themselves left behind. The trick is to pre empt the market and buy property before any plans for leisure complexes or major infrastructure changes are rubber stamped by the planing authorities. This is of course a highly risky business but that’s why so much profit is made from such speculation by savvy investors. Even those looking to buy a holiday home for themselves could edge their investment bets by purchasing in Larnaca as apposed to other parts of Cyprus. The resort area of the town is after all a beautiful location for that dream home in the sun.

Anyone who has visited Cyprus a few times in recent years can see just how fast the Island is developing not just in terms of residential building work either. Many of the larger chain stores are opening outlets and foreign investment continues to pour in. The new generation of Cypriots have seen what the rest of Europe enjoys and they want a piece of it for themselves. The battered pick up trucks are giving way to the likes of Mercedes and BMW whilst the marinas are filling up with luxury power boats. There is new money in Cyprus which in turn is attracting plenty more of the same. Larnaca and other resorts in Cyprus could be perched on the crest of a second much larger investment wave.

No one can accurately predict how the economy will perform in the future but leisure and property have always yielded long term sustainable growth. Larnaca could soon be at the center of one of the most lucrative phases of the Islands recent history with the heady mix of golf,sun and holiday property. So if you are looking for that dream home in the Cyprus sun it may be that Larnaca property is just what you are looking for. The other positive factor of the golf equation is that it could turn a summer only holiday resort into an all year golfing centre. This would likely have the knock on effect of putting the town on the map as the East coast’s all year resort just as golf did in the paphos area. Maybe it’s time to consider making your investment in Cyprus Larnaca property.

Larnaca Cyprus - Something For Everyone

Larnaca in Cyprus could be described as the resort with everything. It’s a major municipality,a town and a holiday resort all rolled into one. It’s also home to the Islands main airport and and boast a great selection of shops too. Add to that a pretty marina along with Cyprus’s main port and Larnaca certainly appears to have plenty to offer holiday makers and residents alike. That’s before we get started with the historic buildings including a medieval fort and several other listed buildings. There are also several modern industrial estates on edges of the district and a thriving commercial center too. There’s a modern promenade thronged with trendy sea front cafe bars,restaurants and the obligatory fast food chains for the youngsters.

The beach at Larnaca is one of the best in Cyprus and is actually man made though you wouldn’t have guessed so. Most of the restaurants and cafes run opposite the beach making them the ideal place to relax whilst taking in the superb view. It’s a nice stroll from Larnaca marina at one end to the ancient medieval fort at the other. Across the road from the marina is a small public gallery and a beautiful paved area built around an ornamental fountain. Some of the buildings in Larnaca are centuries old and many of them have been painstakingly restored to their former glory. A short walk to some of the quaint back streets behind the main promenade will reveal many more that are still awaiting renovation.

The history of Larnaca stretches back further than any other part of Cyprus and the town has been continually occupied since the bronze age. The town is built on the ancient site of Kition which was in fact once the capital of the whole of Cyprus. Legend has it that the original city of Kition was founded by the grandson of Noah and the biblical connections don’t end there. The church of saint Lazarus in Larnaca square is actually named after the same Lazarus that Jesus raised from the dead. The legends say that after his resurrection Lazarus traveled to Cyprus where he became the Islands first Bishop. The church is actually reputed to have been built over his tomb and visitors can go down into the tombs below the building. Like most of the churches in Cyprus Larnaca church is beautifully adorned with icons and intricate decor.

Ideally situated only a few kilometers from the airport the town has become a thriving vibrant community. In 1974 following the Turkish invasion and subsequent occupation of the North of Cyprus Larnaca offered to accept 40,000 refugees. These displaced persons tripled her population to a then 65,000 inhabitants. With great motorway links to all the coastal resorts and the capital Nicosia the town is perfectly located for those wishing to visit the Islands many places of interest. With the recent boom in holiday home purchases Larnaca has also become something of a property hotspot. The fringe coastal villages such as Oroklini make ideal settings in which to own an apartment or villa and the prices are still quite reasonable compared with other parts of Cyprus. In fact many locals are selling up and buying villas in such places due to their out of town exclusivity which in turn is creating some prime locations.

With so much going for Larnaca it is no surprise that it is earmarked by many to be the next Cyprus property boom area. With this in mind many speculators are investing in off plan purchases on these new developments. They plan to profit from the rising market by selling when the developments are completed. The speculation is being further fueled by the proposals of a larger modern marina for the berthing of luxury yachts and a possible golf development. Golf sun and property are part of any speculators mantra so this is bound to affect values. If the area didn’t have more than enough to offer already these new proposals could turn it into an investors dream come true. So maybe if you are looking to invest in a place in the sun you should take a look at Larnaca Cyprus.

10 Reasons To Visit Larnaca

Cyprus is the third largest island in the Mediterranean,and the location where Europe,Asia and Africa meet. Thanks to long warm summers and short mild winters,it is a popular destination for holiday makers. Like the rest of Cyprus,Larnaca is steeped in history,yet a modern city and a popular destination for holiday makers and those looking at property to buy in Cyprus.

Larnaca is located on the east side of Cyprus,and is the location for the main airport for the island. With a population of over 70,000 Larnaca is the second city,after the capital,Nicosia,and is also one of the oldest continually inhabited cities in the world. The vast majority of visitors to Cyprus arrive at the airport in Larnaca and leave this city without exploring it properly.

1. With approximately 25km of beaches,several museums and archaeological sites,as well as varied nightlife,restaurants and shops,Larnaca is the ideal base to explore the rest of the island. Holiday accommodation and property in Larnaca is easy to find.

2. As well as an established destination for holiday makers,Larnaca is becoming popular for those people looking to buy property in Cyprus,either as a holiday home,a permanent home,or an investment. Property in Larnaca ranges from beachfront villas,apartments and townhouses to countryside villas with fantastic views of the pine forests. Buying a property in Larnaca,as in the rest of Cyprus,is straightforward,and recent regulations allow Cypriot banks to offer mortgages to non-Cypriots. Non-Cypriots can also rent out their property.

3. Larnaca has a rich and varied history,heavily influenced by the many years of visitors,settlers and traders,including Greeks,Turks,Egyptians,Romans,and the British. Cyprus was a British colony until independence in 1960,and traffic still drives on the left,like in the UK.

4. The rest of Cyprus is easy to get to from Larnaca,and has plenty to offer the visitor. Historical sites,and traditional food and drink,water sports,magnificent beaches,mountain skiing in winter,traditional villages and breathtaking views across the island are not very far away.

5. Cyprus is also rapidly becoming one of the world’s most popular destinations for scuba diving. One of the many reasons for scuba diving in Cyprus is the opportunity to dive to the wreck of the ferry Zenobia,which sank close to the harbour in Larnaca in 1980. The wreck is close to the surface and a suitable dive for both novice and expert divers alike. For non divers,there are submarine trips to visit the wreck.

6. The established golf course at Vikla is an 18-hole course that also has a swimming pool and additional facilities. The course under construction at Tersefanou is expected to be PGA approved,and will include a five-star hotel and spa. Developers nearby are already building luxury property. In Larnaca,property prices are expected to rise with the arrival of the new golf course. Despite being relatively new to golf,Cyprus is beginning to rival Spain and Portugal for golfing holidays.

7. Larnaca has many festivals and events which take place during the year,including the Procession of St Lazarus,and the Larnaca Summer Festival which comprises of music,film and dance. Live music venues are also popular in Larnaca.

8. The Neolithic settlement of Choirokoitia just outside of Larnaca was occupied from the 7th until the 4th millennium BC,and today is a UNESCO World Heritage Centre. Even though only part of the settlement has so far been excavated,it is a well preserved site that can tell us about ancient civilizations. According to experts and archaeologists,inhabitants of Choirokoitia were farming crops and herding cattle,and they lived in an organised society,and protected themselves by surrounding their community with fortifications.

9. The Church of St Lazarus in Larnaca is one of the most cherished locations on the island of Cyprus. It is alleged that after he was resurrected,Lazarus lived out the rest of his life in Cyprus,and is reputedly buried under the main alter of the church.

10. Larnaca is a popular stopping point for luxury ships as they cruise the Mediterranean Sea. Over 100,000 passengers visit Larnaca and explore the island of Cyprus every year.

With many reasons for visiting Larnaca,and Cyprus,there has never been a better time to go. Why not consider a holiday home,investment property or a permanent property in Larnaca?

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