The Larnaca property market is still a firm favourite with the British and other European countries, there is a great ex-pat community in Larnaca. In recent times (and despite the on-going recession), the Larnaca property market-place has maintained its appeal to both investors and people looking for the perfect overseas property. There is a diverse range property types (one bed apartments to five bed villas) in many different locations dotted around Larnaca from quaint villages like Kitty and Mazatos to the more populated outskirts of Larnaca such as Oroklini and Pyla.
Why has Larnaca been so attractive to people looking for an investment property in Cyprus? Well, at the heart of Larnaca is a thriving commercial area not to mention that fact that it has a brand new state of the art international airport. These factors mean that good rental property in Larnaca is at a premium and that in turn ensures that the price commanded for these Larnaca properties is kept high.
The small city of Larnaca is regarded as one of the oldest in Cyprus, so there is a mix of architecture dating back to ancient times mixed with modern contemporary property that would not look out of place in the ultra-modern Dubai. The beach front that runs along Larnaca stretches 27km, and can offer the perfect space for the sun worshipper to relax and soak up the Mediterranean sun.
Frequent visitors to Larnaca come back time and again for the extensive water sports on offer right along the coast line. If you visit the city on a day that one of the cruise ships docks then you will notice an increase in the amount of people browsing the shops in the centre. Laranca is a stop off point for a lot of the med cruises as passengers can disembark and visit the beach or shopping area and be back on board within a few hours.
Regardless of the pros and cons of the Larnaca property market. Many people have found that the culture and historical sites are probably the best around. Choirokoitia, one of the oldest Neolithic sites in Larnaca, was a settlement home to primitive subsistent farmers who grew crops and fruits. You are offered a snap shot of what life was like all those years ago. You can easily spend the whole day there walking along the defensive walls, circular houses and tombs.
If you are landing at the new state of the art Larnaca International airport then be sure to watch out for the pink flamingos as you drive out of the airport along the banks of the salt lake. It makes a pleasant back drop to the start of your visit to this great city.
Why has Larnaca been so attractive to people looking for an investment property in Cyprus? Well, at the heart of Larnaca is a thriving commercial area not to mention that fact that it has a brand new state of the art international airport. These factors mean that good rental property in Larnaca is at a premium and that in turn ensures that the price commanded for these Larnaca properties is kept high.
Even in 2012 when the property market globally has slowed, Larnaca still continues to attract property investors from Europe and newly rich China looking for the perfect Cyprus property. If you are in it for the long haul then Larnaca property is a great choice