Larnaca Real Estate: Quick Look

Cyprus is known for its foreign investment environment and has seen real estate projects become a trend for the island in recent years. New figures show that 1,150 permits were granted for construction during January-February 2021, an increase of 1.9% when compared to January-February 2020, a positive start for the year! Additionally, with the latest agreement to redevelop the Larnaca Port and Marina along with Larnaca’s Metropolis Mall grand opening, it is no wonder that Larnaca is becoming a hub for real estate projects.

real estate projects in larnaca Gaia

GAIA Project

As mentioned, the redevelopment of Larnaca’s port and marina has truly 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 in order 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 really merges beach-side and inner-city together in order 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 attractive results. Together we really 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, that has been designed by internationally acclaimed architects, has such a particular sense of style and sophistication. We wanted to merge the inner-city, beach-side elegance together by creating apartments with spacious balconies that allow residents to enjoy the Mediterranean sun without leaving the comfort of their own home. Each apartment allows a natural flow of light in order to accentuate the large living areas and bedrooms as well as emphasizing 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 extremely important. To start, the GAIA structure is made of reinforced concrete (in accordance with the building permit), has three coats of both external rendering and internal plastering and thermal double-gazed glass with thermal sliding, just to name a few. As with any good development, there are options to make internal alterations so we welcome discussions concerning adjustments.

Interested in the GAIA Project?

NOX Residential

Although our GAIA project is unparalleled, we understand that our clients have different specification and 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 who share 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.

The building’s facade deliberately imitates the ever-changing surface of the sea with its undulating curves, dips, and peaks so that the overall effect is one of not only adapting to the surroundings but of actually contributing by adding a new distinctive architecture among the rest of the real estate projects in Larnaca.

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, and the nearby highway means that Limassol, Nicosia, Paphos, Ayia Napa and the Troodos mountains are within easy reach. Better still, Nox is just a short distance from Larnaca’s international airport.

Interested in NOX Residences?

ARMONIA Project (Sold Out!)

The striking lines and the textures and finishes of the facade set the building apart, giving ARMONIA a timeless elegance – always contemporary, always relevant. This is where life is to be lived, not compromised.

Set in the heart of the Larnaca community, Armonia apartments are designed for the young at heart – perfect for families, couples and singles alike. Here is where people, culture and lifestyle can come together in harmony. With close proximity to the beach, shops and services, the trans-island highway, and Larnaca international airport, Armonia is without doubt the epitome of the cosmopolitan lifestyle.

The 2 and 3 bedroom apartments have been carefully designed to maximize the available space. They are both inspired and sensible. They offer open, spacious living areas with full height and full width thermal glazed windows, expansive balconies, extensive storage in the bedrooms and kitchen and quality floor ceramics in all areas. Bathroom and kitchen fittings are exceptional, and throughout the apartments there is plenty of scope to inject individual personality and style.

Step in to any apartment and be greeted by quality finishes and fixtures – all you need is to add your own uniqueness. ARMONIA shines among all real estate projects in Larnaca.

This project is positioned in a quiet, yet convenient area of Larnaca, ARMONIA is not far from the Foinikoudes promenade with its many bars and restaurants that provide plenty of opportunities to meet friends for a gourmet coffee or sunset cocktail. Here too is the sandy beach that offers water sports and space for sun worshiping.


ARMONIA is ideally placed for easy access to supermarkets, shops, schools and medical facilities. It’s also a place to enjoy the friendly atmosphere of living in a community, then retreat into your private sanctuary as you ponder how beautiful life is.

real estate projects in larnaca gaia

Larnaca Marina & Port

The Larnaca Marina and Port are being touted as the most dynamic and innovative property development project that will transform the future landscape of the city. The new Marina and port will inject billions into the Cypriot economy, creating 4,000 jobs tied to the construction and development process.

Once the Marina is constructed and ready to house businesses and commercial entities, the job creation potential will increase tremendously. This project has injected around €1.2 billion into redeveloping and revamping Larnaca’s old marina and port. It has emerged as the most extensive infrastructural development the island has ever seen!

Led by Kition Ocean Holdings, a consortium of Cypriot and Israeli developers, this project has eco-conscious visions and spans the Larnaca marina, port, and nearby land. The project includes the creation of a yacht club, luxury hotels, a string of clubs and restaurants, a passenger terminal, residential properties, an expansive retail park, and a private island.

The scale of this massive billion-worth project is unprecedented and unmatched in the history of Larnaca, spanning both commercial and residential developments. The architectural design will transform the outlook of the marina, surrounding it with lush patches of greeneries and parks entwined within the network of streets.

Developers have long lamented that the marina area has been underutilized and wasted. This project will utilize the site constructively to contribute to the local economy, especially the tourism sector.

Advantages of Investing in Larnaca

Numerous benefits come with purchasing a home in Larnaca, Cyprus. Connectivity is improved by the city’s strategic location, which has an international airport and proximity to large cities.

The lovely beaches in Larnaca and the Mediterranean way of life offer many recreational activities. Its appeal is heightened by its rich cultural legacy, which includes historical sites and landmarks. Infrastructure has been improved in Larnaca, which now offers investors and inhabitants cutting-edge amenities. Cyprus is a desirable investment choice due to its strong economy, welcoming business environment, and expanding Larnaca real estate market.

As a result of the city’s popularity with tourists and foreigners, there are a lot of rental opportunities. Cyprus, renowned for its high standard of living and laid-back culture, offers a comfortable way of life.

More Real Estate Demands in Larnaca

The construction industry has benefited from the recent surge in interest in real estate investments in Larnaca. Assets increased in step with the rise in demand. Moreover, the investments made have increased in value over time. Research indicates that investors are interested in Larnaca because of the profit share, which will rise even more in the upcoming years. Every year, the value of real estate projects in Larnaca rises, making it a fantastic place to invest. The rising interest is one of the main drivers of real estate expansion. Larnaca has become a hotspot for investors in addition to the benefits of investing in Cyprus. It is a fantastic alternative for investors and those who wish to settle here due to the attractive structure of the city, its beaches, convenient transportation potential, and as a city that has attracted attention throughout the years in terms of tourism. We predict Larnaca will continue to shine, given the state’s investments.

Larnaca's Emerging Neighborhoods

Investors are increasingly focusing their attention on the city’s developing areas, which are swiftly emerging as hotspots for lucrative prospects, as the real estate market in Larnaca experiences a rise in demand. While the historic city center of Larnaca has long been a lure because of its timeless elegance, the neighboring neighborhoods are currently attracting attention. Terrific growth is being seen in areas like Tersefanou, Pyla, and Dhekelia Road, which combine modern conveniences with a laid-back Mediterranean lifestyle.

These contemporary communities provide a range of real estate choices, from chic apartments to roomy villas, all close to beautiful beaches, golf courses, and other necessities. Larnaca’s growing districts are not simply hotspots; they are the future of wise real estate investments in Cyprus, with a bright future outlook and the possibility for significant returns on investment.

Projects Reshaping the Urban Landscape

A stunning real estate renaissance transforms Larnaca’s urban landscape, formerly famed for its calm shoreline and historical beauty. Various ambitious projects that include residential, commercial, and mixed-use complexes are changing the city’s skyline. Underused areas are being brought back to life through these initiatives, modern architectural elements are being introduced, and both residents and visitors enjoy a higher quality of life overall.

Many of these projects put sustainability first and feature green areas, energy-efficient architecture, and cutting-edge technology to encourage peaceful coexistence with the environment. Larnaca’s real estate revival fosters the city’s aspirations for a prosperous and sustainable future by carefully balancing innovation, sustainable practices, and strategic urban planning. It helps the city’s economy grow while fostering a vibrant and dynamic urban environment.

Larnaca’s real estate resurgence blends innovation, sustainable designs, and urban planning, promoting economic growth and a rich, eco-friendly urban landscape.

Final words About Real Estate Projects in Larnaca

Real estate projects in Larnaca are increasing at a constant rate and interest from investors is rising. With the figures presented at the start of this article and considering the redevelopment of the marina and a new mall set to be completed, it seems reasonable to believe that Larnaca is becoming a hub for not only business but elegant coastal real estate projects. The three projects we have spoken about in this article are just that, sophisticated coastal developments; we identify the demand for investment properties and continue to create quality projects with innovation to provide every client with a dynamic portfolio that includes strong growth returns and positive cash-flow income.

Conclusion

Real estate projects 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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