If you are looking to purchase residential property in Larnaca then you will want to know what type of property is available as well as what the market is like. The interest in Larnaca is growing and this means that more and more residential property is being built thanks to the demand.
Residential Property in Larnaca
Larnaca has seen a lot of development in recent years so, the types of residential property in the city is vast. Here is a list of property types you are sure to find in the city.
- Family homes
- Apartments
- Townhouses and traditional houses
- Condominiums
- Villas
Yes, all of these property types are available in one city! It just depends on the location. As Larnaca is a coastal city most of the areas provide each type of residence. However, townhouses and apartments are mostly found within the center of Larnaca whereas luxury villas can be found on the outskirts, in areas such as Pervolia and Dhekelia.
Buying Residential Property
Luckily, Larnaca tends to have a market that is affordable and diverse. You can view our market report of Larnaca here to find out some statistics and see the market trends.
If you are considering buying residential property in Larnaca then you should also consider enlisting the help of a professional realtor who has extensive knowledge of the area including the market. By doing so, the realtor will also be able to help you with negotiations and the closing procedures.
Other Aspects to Consider
You will also need to consider an array of different aspects when considering purchasing a property in Larnaca. These include things such as if the area has a suitable school nearby, crime rates (Cyprus has one of the lowest crime rates in the world) and what other facilities and amenities are close by.
Again, an experienced and knowledgeable realtor will be able to help you with this search.
Conclusion
If you are considering the coastal town of Larnaca for buying residential property then you will have plenty of options. Larnaca is brimming with modern apartments, traditional townhouses and luxury villas. With the city developing at a constant rate, purchasing a property now could potentially have great returns in the future. Of course, you should enlist the help of a qualified realtor to help you in your search and if you have any questions please do contact us.