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€175,000

Excellent New Apartments in Superb Central Location, Cyprus, Larnaca

2 Bed

1 Bath

Larnaca

Apartment

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Description

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    Excellent New Apartments in Superb Central Location, Larnaca, Cyprus Euroresales Property ID: 9826171 ***Prices start from €175,000*** ***Completion date set for March 2021*** PROPERTY LOCATION Ioanni Sikoutri Street Larnaca Cyprus PROPERTY OVERVIEW With its beautiful warm climate and breath-taking Mediterranean coastlines, Cyprus continues to be one of the most desirable places across the world to live. On offer here is the chance to invest in this magnificent part of the world with this range of fantastic new apartments in the heart of Larnaca. The property, which will be known as Academia Tower, is a 7-floor luxury apartment building excellently located in Larnaca town centre in a quiet residential area behind the American Academy school and close to amenities. As well as being perfectly located to take advantage of Larnaca€TM commercial and urban areas, the property has the added advantage of also being within walking distance to many of the stunning beaches that make this part of Cyprus so mesmerising. The breath-taking Larnaca Bay and Finikudes sea promenade are just minutes away from the property. Three apartments are allocated to each floor, all of which consist of open plan living and kitchen area, 2 bedrooms (master with en-suite shower), main bathroom, and covered veranda. The top floor apartments located on the 6th floor enjoy individual access to their private roof garden on 7th floor hosting the 3rd bedroom, wc/shower room and barbeque area. In an era where we are all becoming more aware of how our lives affect the natural environment, this apartment complex is setting the standard with numerous eco-friendly designs and ideas such as solar panel net metering. Not only are these features setting the standard we all need to follow in terms of environmental awareness, but they have the added benefit of huge savings on energy bills for the owners. These properties not only offer buyers a modern, spacious and comfortable place to live, but is also a smart investment into the ever-growing Cypriot holiday rental market, thanks to their spectacular location just minutes from so many stunning beaches and amenities. Larnaca is not only a beautiful place in its own right but is also a great base from which to explore the many other amazing places that Cyprus has to offer such as the iconic capital, Nicosia (just 45 minutes away) and the famous party resort of Ayia Napa (just 40 mins away). Sports and leisure fans will not be disappointed as the area is close to many excellent water sports, fishing, walking and cycling areas. Golf fans will also be happy as the property is just a short drive away from many excellent courses including Ayios Nikolaos Golf Club (just 24 miles away) and International Golf Club Nicosia (just 32 miles away). The area is also very well-connected transport wise on the ground, sea (being so close to the coast) and in the air, with Larnaca International Airport just 4 miles away, providing yet another massive plus point in the context of the holiday rental and residential commuter markets. ABOUT THE AREA Larnaka revolves around its seaside position. The coastal promenade €" known universally as the Finikoudes €" is where locals and visitors alike come for a morning coffee or an evening beer, to flop out on the beach during the day and to stroll at sunset. It is the hub of the scene, with restaurants, cafes and bars galore, and during summer it fully revs up for the annual flood of holidaymakers. There is something for everyone in Larnaca. Built on the ruins of the ancient city of Citium, it is the third largest town in Cyprus and it has a wealth of activities to enjoy. Whether you're lounging with a cocktail on a long white beach, scuba diving amongst shipwrecks, exploring Byzantine churches and castles or gently strolling along the seaside promenade as the dusk closes in, you will find yourself lost in tranquillity. A laid-back place with some fantastic restaurants and bars, it is the ideal holiday destination for families, and the best places to stay in Larnaca tend to cater to exactly that. The main attraction of Larnaca lies in its beaches. Glittering, golden and with iridescent azure waters, the town is the perfect place for a beach holiday. There is a whole host of activities to enjoy, from scuba-diving to windsurfing, not to mention the sumptuous seaside restaurants and cafes strewn along the famous palm-tree-lined Finikoudes Promenade. Mckenzie Beach, a blue-flag beach, is ideal for a leisurely swim or lazy day spent on a sun lounger. Larnaca has become somewhat of a Mecca for scuba divers owing to the existence of the Zenobia shipwreck - which sank on her maiden voyage in 1980 - the shadow of which you can see when the plane lands at Larnaca Airport. Larnaca is believed to be one of the oldest inhabited cities in Europe and is certainly the oldest in Cyprus, having been a settlement for some 6000 years. Built on the ruins of ancient Citium, the depth and variety of its historical roots are extraordinary. There are prehistoric settlements scattered around the town like the Choirokoitia Neolithic Settlement, a UNESCO-listed World Heritage Site, a beautiful reconstruction of a prehistoric town using only the tools, resources and methods that were originally used. The Salt Lake is a fascinating place, a home to fleets of pink flamingos during the winter months. There is a mosque, Hala Sultan Tekke, which is said to be the resting place of Mohammed's foster mother. Roughly two hours away is the Paphos Archaeological Park, a truly astounding day out. Another UNESCO-listed site, it is the stony intestinal remnants of a Romano-Greek city, including temples, enormous villas and the famous Necropolis, the Tombs of the Kings. Larnaca itself has some gorgeous examples of medieval Byzantine architecture. Once in the hands of the Ottoman Empire, there are medieval mosques that are worth checking out. Larnaca Castle, built in the 12th-century, stands looming over the old part of town, and is a marvellous example of Byzantine architecture, while the Church of St. Lazarus, a pretty 9th-century church with a spectacular stone carved exterior, is also must-see. MAIN FEATURES: Located in a luxurious, peaceful and well-run community Brand new apartments 7 floors Prices start from €175,000 Excellently located in Larnaca town centre in a quiet residential area Sectioned architectural design of Academia Tower offers maximum privacy Beside the American Academy School (https://www.academy.ac.cy) Three apartments are allocated to each floor All feature open plan living and kitchen area, 2 bedrooms (master with en-suite shower), main bathroom, and covered veranda Top floor apartments enjoy individual access to their private roof garden on 7th floor hosting the 3rd bedroom, wc/shower room and barbeque area Flats benefit from solar panel net metering Hidden ceiling lighting feature in living area Allocated parking and storage Audio & Video Door Entry System with remote control bar entry for tenants High quality construction Smart home provision Class A energy efficient South orientation of project providing light and airy units Massive potential in the holiday rental market Huge demand for rentals has been noticed in this area excellent investment opportunity that can create an income of 5% from yearly rentals and up to 9% for short term rentals A few minutes from many stunning beaches and Finikudes sea promenade Walking distance to essential amenities like such as supermarkets and pharmacies Walking distance to many excellent bars and restaurants Great base from which to discover other fantastic areas such as Nicosia and Ayia Napa Many excellent water sports facilities, fishing, walking and cycling areas nearby Surrounded by excellent golf courses such as Ayios Nikolaos Golf Club and International Golf Club Nicosia Excellent local transport links Just 4 mile from Larnaca International Airport Contact Euro Resales Ltd to book an inspection
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    Statistics

    23/02/2021

    Entered/Renewed

    16

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    Daft ID: 73863289

    Contact Agent

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    Mark Mallon

    Euro Resales LTD

    PSR Licence Number: Exempt - Overseas Agent

    0044 2080505046

    Euro Resales LTD

    Contact Agent

    profile

    Mark Mallon

    0044 2080505046
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