Buying a residential property for investment purposes can generate passive income and help you build long-term wealth.
Investing in an off-plan property can be one of the most rewarding decisions you make, both financially and personally. But to ensure a smooth experience, there are several important considerations to make before proceeding.
Step 1:
Look for a combination of property appreciation and an emerging market.
Larnaca is quickly establishing itself as one of Europe’s most promising real estate markets. With property prices increasing year on year and major infrastructure developments underway, the city is undergoing significant transformation. Projects such as the redevelopment of the Larnaca Marina and Port, the construction of a new shopping mall, the restoration of the city centre, and the upgrading of Larnaca’s Bay coastal road are all enhancing Larnaca’s appeal and boosting investment potential. Now is an ideal time to capitalise on this upward trend.
Step 2:
Focus on location, property type, and features.
As we say in real estate, location-location-location is the most crucial factor when it comes to securing a strong return and future resale value.
Research from the Cyprus Land Registry indicates that Livadia area has experienced a significant increase in land transactions; in the past three years, property registrations in Livadia have risen by approximately 30%, reflecting robust investor interest and buyer confidence in this location.
Further evidence comes from planning permissions issued by the Larnaca Municipality. Recent reports reveal that building permits for apartment units have surged by around 40% over the same period, underscoring a strong market demand for modern residential properties. This shift confirms that contemporary, energy-efficient apartments—which offer amenities such as modern finishes, easy access to schools, shops, and transport links—are the preferred choice for many buyers in the region.
In addition, neighbourhoods close to the upcoming marina continue to attract attention due to their strategic location, combining lifestyle benefits with excellent connectivity and growth prospects. With these compelling data points, it’s clear that targeting areas like Livadia and investing in quality apartment developments can help secure strong returns and strengthen future resale value.
Step 3:
Set your budget.
Conduct market research to understand current property prices in your desired area. Establish your investment budget based on available capital, potential financing, and estimated returns.
In Larnaca, contemporary one- and two-bedroom apartments typically yield an annual return on investment (ROI) of around 4%–6% for long-term lets, with short-term rentals offering the possibility of even higher returns. Use these figures to assess your cash flow and investment viability.
Step 4:
Make an offer and secure the deal.
Choosing a reputable developer is key to a successful off-plan investment. At Marinakis Property Developers, we have built our reputation on reliability, transparency, and exceptional service.
Here’s what sets us apart:
- A strong track record of delivering homes on time, within budget, and to the highest standards
- Ongoing communication, providing you support throughout the development of your property.
- Expert guidance throughout the legal and purchase process
- Assistance with mortgage applications and flexible payment options
- Interior design as well as equipment packages for a turnkey solution
- With Marinakis, you’re not just buying a property – you’re securing peace of mind and long-term value.
Step 5:
Manage your investment property.
To maximise your returns and reduce day-to-day responsibilities, consider professional facility management services. In Cyprus, facility management providers can handle tenant sourcing, maintenance, bill management and more – giving you peace of mind, especially if you’re based abroad.
We recommend exploring Realty Manager for tailored management solutions that make owning an investment property simple and stress-free.
Purchasing an investment property requires a clear understanding of both the benefits and the potential challenges. At Marinakis Property Developers, we’re here to support you at every stage – from selecting the right development to providing after-sales care.
Our goal is to help you invest with confidence, achieve lasting returns, and enjoy the personalised service every investor deserves.
