It is becoming very attractive to buy a property in Larnaca or anywhere else on the fabulous island of Cyprus. While the idea may be new to you, people looking for holiday homes to get away choose Larnaca over the more expensive areas of Paphos or Coral Bay. It’s a great choice for someone looking to buy property in Cyprus and Larnaca represents a great buy and a beautiful destination right on the south coast.
Holiday homes on the coast are always popular and never more so than those to be found in Larnaca. Here, Cyprus properties are more reasonably priced than can be found elsewhere, but the amenities are second to none.
According to legend, Aphrodite, the goddess of love, was born in Cyprus. In the south, the island’s population is Greek Cypriot, while the north is generally inhabited by the Turkish community. Air travel is readily available, with numerous daily direct flights from most European airports, creating a competitive industry that has driven down the price of airfares.
Larnaca is a city big enough to meet all your needs, but small enough to avoid the typical hassles of big cities. It is a historic city filled with modern conveniences and offers a wonderful vacation getaway. Year-round tourist activity makes buying Cyprus property here a rewarding investment as well. You can stay as long as you like and then rent it out through local property management companies when not in use.
Low down payments and wide price ranges are encouraging many people to buy property in Larnaca. Larnaca is a beautiful and still very affordable area of Cyprus. These days, people can take virtual tours of areas through internet property listings. Estate agents sell a wide range of properties, from modern apartments to luxury villas.
If you buy property in Larnaca, or anywhere else in Cyprus, the government has made the deal smoother for you by passing a flat tax of 5% for residents of other countries and a very low capital gains tax. For the British, this has turned out to be a difficult offer to refuse, and now citizens of other European countries are taking notice of this great offer.
Easily accessible from the rest of the island, Larnaca has an international airport nearby and is perfectly situated on the south coast. With the ocean practically in your backyard and the mountains less than an hour’s drive away, you can easily see the benefits of looking for property in Cyprus for its investment potential, or simply as a way to escape the daily chores of life. daily.
