An attractive off-plan residential investment in Aradippou, Larnaca, strategically located minutes from Metropolis Mall, schools, amenities, and with direct access to main roads and highways.

The project consists of a modern, low-density apartment block designed for long-term rental performance, offering a strong mix of 1- and 2-bedroom apartments, generous verandas, and premium roof terraces on selected units.

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Asking Price & Acquisition Cost
• Asking price: €1,800,000
• VAT (19%): €342,000
• Total acquisition cost: €2,142,000

(VAT subject to buyer profile and use.)

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Building Overview
• Total apartments: 9
• Floors: 3
• Unit mix: 5 × 2-Bedroom | 4 × 1-Bedroom
• Total internal covered area: approx. 668 sq.m.
• Total covered verandas: approx. 183.5 sq.m.
• Uncovered verandas: 11 sq.m.
• Selected units with large roof terraces
• Private parking
• Modern architectural design
• Off-plan – capital appreciation potential

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Rental Income Projection (Fully Furnished – Long-Term)

2-Bedroom Apartments (5 Units)
• Estimated rent: €1,000 / month per unit
• Monthly income: €5,000

1-Bedroom Apartments (4 Units)
• Estimated rent: €600 / month per unit
• Monthly income: €2,400

Total Estimated Rental Income
• Monthly rental income: €7,400
• Annual rental income: €88,800

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Gross Yield Analysis
• Gross yield (on asking price €1.8M):
4.93%
• Gross yield (on total cost incl. VAT €2.142M):
4.14%

(Before operating costs, management, maintenance, and taxation.)

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Detailed Apartment Schedule (Separated Areas)

1st Floor

Flat 101 – 2 Bed / 2 Bath
• Internal covered: 80 sq.m.
• Covered verandas: 31.5 sq.m.
• Uncovered verandas: 11 sq.m.

Flat 102 – 1 Bed / 1 Bath
• Internal covered: 50 sq.m.
• Covered verandas: 13 sq.m.

Flat 103 – 2 Bed / 2 Bath
• Internal covered: 80 sq.m.
• Covered verandas: 17 sq.m.

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2nd Floor

Flat 201 – 2 Bed / 2 Bath
• Internal covered: 80 sq.m.
• Covered verandas: 24.5 sq.m.

Flat 202 – 1 Bed / 1 Bath
• Internal covered: 50 sq.m.
• Covered verandas: 13 sq.m.

Flat 203 – 1 Bed / 1 Bath
• Internal covered: 50 sq.m.
• Covered verandas: 28 sq.m.

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3rd Floor

Flat 301 – 2 Bed / 2 Bath + Roof Terrace
• Internal covered: 80 sq.m.
• Covered verandas: 24.5 sq.m.
• Uncovered verandas: 18 sq.m.
• Roof terrace: 57 sq.m.

Flat 302 – 1 Bed / 1 Bath
• Internal covered: 50 sq.m.
• Covered verandas: 13 sq.m.

Flat 303 – 2 Bed / 2 Bath + Roof Terrace
• Internal covered: 78 sq.m.
• Covered verandas: 19 sq.m.
• Roof terrace: 69 sq.m.

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Capital Appreciation – Larnaca
Performance Over the Last 5 Years

Larnaca has emerged as one of Cyprus’ fastest-improving residential markets, benefiting from infrastructure investment, affordability relative to Limassol, and growing demand from both locals and international buyers.

National Cyprus House Price Index increased by approximately 9–10% over the past five years

Larnaca has shown above-average momentum in apartment prices, driven by limited supply of modern developments

Strong demand from professionals, families, and long-term tenants

Outlook for the Next 5 Years

Larnaca’s medium-term outlook remains positive, supported by both public and private sector investment.

Indicative capital growth scenarios (not guarantees):

Conservative: 2–3% p.a.

Base case: 3–5% p.a.

Upside scenario: 5–7% p.a.

Key drivers:

Continued urban regeneration and infrastructure upgrades

Proximity to Larnaca city center, airport, and highway network

Growing rental demand with limited new supply in established areas

Increasing investor interest in mid-sized residential blocks


Investment Rationale
• Strong long-term rental demand in Aradippou
• Close proximity to Mall, schools, city center & highway
• Balanced apartment mix reduces vacancy risk
• Attractive unit sizes with outdoor areas
• Off-plan entry price allows upside on completion
• Ideal for single-owner block investment

📞 Contact us for full financials, payment schedules, delivery timeline, and architectural plans.