Location : Paphos, South Cyprus
Property Type: ApartmentProperty Terms: For SaleLocal Currency Price: Price in USD: $584,815
Larnaca is popular internationally with both overseas tourists and long-term residents seeking luxury properties to spend months or years in Cyprus, all bolstering rental demand, and especially as Larnaca is close to Ayia Napa and Protaras makes it attractive for short-term holiday rentals.
Cyprus generally offers a secure property purchasing real estate and investment environment, potential EU membership benefits, and a favorable tax system.
Larnaca benefits from an increasing number of high-end beachfront apartments, luxury development projects, luxury homes and villas, and high-end mixed-use developments, with waterfront homes and luxury properties near the marina are especially attractive to international investors.
The nearness to Larnaca International Airport, and a growing luxury property market, the area is a strong contender for buyers looking for both luxury properties to own and investors looking at the real estate investment market in Larnana Cyprus.
Discover more about selling Larnaca properties and buying or renting real estate in Larnaca for personal use or as an investment:
Location : Germasogia, Limassol
Property Type: For Sale By Owner FSBOProperty Terms: For SaleLocal Currency Price: Price in USD: $935,000
View Larnaca Cyprus Homes For Sale, for sale or rent, listed by owner or real estate agent in Larnaca, advertise your property and sell direct to buyers.
Investing in luxury homes can be highly rewarding with high capital appreciation potential as well as high rental returns, especially as luxury properties are usually located in prime areas like beachfront's, city centers, and exclusive neighborhoods.
Luxury homes often appreciate faster than average markets, making long-term gains more significant, and luxury real estate carries prestige and exclusivity, adding to its desirability.
Wealthy tenants, business executives, and high-net-worth vacationers often seek luxury rentals including luxury homes, and ultra-luxury properties often hold their value better due to limited supply and high demand.
Investments in luxury homes may benefit from tax deductions on mortgage interest, property depreciation, and operating expenses depending on where the property is located in the world.
Investors will often use the luxury home for personal vacation enjoyment, while still benefiting from appreciation and rental income over the long-term, and luxury homes tend to attract international buyers and investors.
Real Estate Agents and Developers in Larnaca Cyprus