Apartments in Larnaca City center

Why Larnaca City Center

Over the past decade, Larnaca city centre has undergone a huge transformation that has driven significant growth and investment into the city.

Living in the city centre has never been more appealing as its shopping, food and nightlife continue to grow and diversify.

If you are looking to buy an apartment in Larnaca City centre then this is the guide for you.

Choose your area wisely

Larnaca city centre has many affluent and emerging areas including the Chrysopolitissa area.

But as with any upcoming area, property prices are rising fast.

The Chrysopolitissa area has undergone significant improvement over the past decade and is in the making of historic buildings being transformed into plush apartments, modern business and trendy restaurants and stylish bars.

Will your property hold its value?

The key to this, is location. In the city centre, there has always been a shortage of larger properties and it’s only over the last decade that developers have started to build bigger.

George Marinou adds: “Properties which include a special, alternative feature – such as a balcony, exposed brick walls and a higher than average ceiling, are always sought-after.

We found that even during the recession in 2008, properties sold quickly if they had something a little different. And this is always the key when the market is slowing and buyers have more choice.”

Should I buy off plan?

It can feel like a risk to buy a property off-plan as you often cannot view the property before the development is complete. George’s advice is to visit projects that have recently been completed by the same developer to judge their finish and finesse.

If you are interested in buying an apartment in Larnaca city centre please contact us for more details.