2 Luxury Properties in Larnaca: GAIA & NOX [Updated 2023]

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International investors interested in participating in real estate investment groups in Cyprus starting from €500,000 budget.

When it comes to luxury properties in Larnaca, there are always four factors that you need to keep in mind when making a choice. The below factors differentiate a so-called “luxury property” from a proper state of an art real luxury property:

  1. Location: When it comes to real estate, location is the primary differentiator. Luxury properties in Larnaca are usually constructed in close access to amenities and the sea. Imagine being able to walk out of your home and reach the town center in 5 minutes. In addition, prime strategic locations should grow your investment in time.
  2. Build Quality: A luxury property is built with high-quality, long-lasting materials and is finished with an elegant touch. All materials should look and feel premium, and a correct architecture should present these materials well.
  3. Architecture and size: When entering a luxury property in Larnaca, the place should look and feel spacious no matter the internal size. With the correct architectural designs, spaces can be used to make the real estate larger and more generous.
  4. Unique features: Every luxury property has a unique feature that makes the real estate stand out among the rest. An experienced developer always pays attention to details and features to give a character to the finished product. When choosing between luxury properties in Larnaca, look for that unique feature!

At Sunshadow Investments, we understand luxury. Thus, we integrate the element of luxury within our properties.

Luxury Properties in Larnaca

GAIA Project (From €1,200,000 + VAT)

The redevelopment of Larnaca’s port and new marina has indeed sparked interest for investors; more and more people are attracted by the thought of purchasing a property near the marina as it provides an effortlessly relaxed and elite lifestyle. This is why we want to introduce you to our new real estate project in Larnaca, the GAIA project…

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GAIA is a new collection of two and three bedroom apartments and two meticulously crafted two-storey Skyvillas. Dynamically designed in a way that reflects 21st-century tastes. Gaia provides the opportunity for a perfect marina-side contemporary life-style.

GAIA is situated just one minute away from Finikoudes with views of the marina; we chose this location to flawlessly combine the soothing element of the sea and the sense of adventure found in the streets across Larnaca. This location of our real estate project merges beach-side and inner-city together to have every aspect of the city accessible.

As we are client orientated, we use our one-on-one discussions with clients to create a complete plan and deliver stunning results. Together we focus on questions such as, what will the residents want to do here? What type of facilities will be suited for the residents? What atmosphere will they expect?

That’s why this real estate project in Larnaca, which internationally acclaimed architects have designed, has such a particular sense of style and sophistication. We wanted to merge the inner-city, beach-side elegance by creating apartments with spacious balconies that allow residents to enjoy the Mediterranean sun without leaving the comfort of their own homes. Each apartment allows a natural flow of light to accentuate the large living areas and bedrooms and emphasize the classic finishes of the surfaces.

Being one of the iconic real estate projects in Larnaca and its location, we knew that material details were crucial. To start, the GAIA structure is made of reinforced concrete (following the building permit), has three coats of both external rendering and internal plastering, and thermal double-glazed glass with thermal sliding, to name a few. There are options to make internal alterations as with any good development, so we welcome discussions concerning adjustments.

GAIA showcased at Dom Live

NOX Residential (from €1,200,000 + VAT)

Although our GAIA project is unparalleled, we understand that our clients have different specifications. To demonstrate this, let us introduce you to another one of our real estate projects in Larnaca.

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NOX mid-rise apartment building is designed for those who share similar values and cultural ideas, and aims to deliver a calm environment for residents to enjoy and embrace. Strate-gically positioned to overlook the new port and marina along Larnaca’s waterfront it is only steps from some of the finest restaurants and shopping that the city has to offer.

NOX mid-rise apartment building is designed for those with similar values and cultural ideas and aims to deliver a calm environment for residents to enjoy and embrace. Strategically positioned to overlook the new port and marina along Larnaca’s waterfront, it is only steps from some of the finest restaurants and shopping that the city has to offer.

NOX is set right in the heart of the next up-market residential and commercial zone adjacent to the new marina and port upgrade, which is destined to bring significant wealth and opportunities to the area. NOX offers unparalleled access to all that Larnaca and Cyprus itself have to offer. Overlooking the sea and a short walk from the Foinikoudes seafront promenade, NOX is convenient for all city services and amenities. The nearby highway means that Limassol, Nicosia, Paphos, Ayia Napa, and the Troodos mountains are accessible. Better still, NOX is just a short distance from Larnaca’s international airport.

NOX Showcased at Dom Live

Overview of Larnaca

Larnaca is a promising European real estate market attracting investors, expats, entrepreneurs, and families with its thriving economic climate, friendly, close-knit community, and robust infrastructure. The city has witnessed astounding developments recently, attracting investors with luxury properties and high-rise developments.

The investor-friendly policies of the Cypriot government have facilitated Larnaca’s rise as a promising residential and commercial real estate market. The new developments have enormous potential to transform the city’s landscape, creating opportunities for investors, skilled professionals, and business owners.

Larnaca has a delightfully friendly community, and the local neighborhoods support modern lifestyles with an oasis of natural beauty and endless tropical charm.

Luxury Areas of Larnaca

Mackenzie protrudes as one of the most prestigious and famous neighborhoods in Larnaca. An array of luxury properties in Larnaca are being developed as we speak. Larnaca is packed with new-built modern residential buildings like no other city residential neighborhood.

The Finikoudes embankment is the city’s center, and there is a rise in luxury properties within the area. The Finikoudes waterfront has astounded many with the hidden gems in the high-rise sea-view apartments.

There are several reasons to invest in luxury properties in Larnaca. In particular, Larnaca is under active development. Foreign investors have paid attention to our city, and developers hastened to satisfy the demand.

Real Estate Market Growth in Larnaca

Real estate investment in Cyprus can generate monthly income when rented out. Larnaca experienced one of the most significant increases in market value. The beautiful environment, mild climate, historical sites, palm-lined seashore, luxury properties in Larnaca, Finikoudes, and the marina of Larnaca are well-known. Larnaca International The airport, the nation’s primary gateway to the outside world, is located in the region. The captivating beaches in Larnaca will entice beachgoers, and the city’s excellent infrastructure will make life there cozy and comfortable.

Larnaca has seen a rise in people moving there for jobs and school due to the city’s growth in recent years. The real estate market growth in Larnaca is fueled by the interest of investors in the city and their lucrative investments. The fact that Larnaca has become the focus of investors has made it much more prominent in this sector. The investment opportunities that are growing day by day create an excellent chance for you.

Conclusion

Luxury properties in Larnaca are expanding at a steady pace, and investor interest is growing. With the upcoming redevelopment of the marina and a new mall, it seems reasonable to believe that Larnaca is becoming a hub for business and elegant coastal real estate projects.

If you have any questions regarding real estate and property investment and development in Cyprus, don’t hesitate to contact us at info@sunshadowinvest.com, call us at +357 24 816246, or Book a 20-Minutes Online Meeting.

 

Related: Real Estate and Property Investment in Cyprus: 2021 Study

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