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Buy Abroad News

14 Jul 07

Ria Court 34 Larnaca Cyprus

Possibly the oldest city in the world, evidence of Larnaca's history dating back over 6,000 years is everywhere. Today, modern developments and town planning are improving the area all the time.

--- The dynamic, cosmopolitan city of Larnaca has much to offer. The old town is a maze of small narrow streets, ideal for taking an afternoon stroll and discovering traditional craftsmen hard at work. Tourist attractions include the American Academy, Municipal Park with Theatre and a multitude of sporting activities such as volleyball courts, public gyms and mini football courts.

New property in Larnaca is always snapped up quickly. With its prime central location, Ria Court 34 is bound to be no exception.

Ria Court 34 is an outstanding new development of modern 1, 2 and 3 bedroom apartments offering luxurious comfort in a central and accessible location. These attractive, streamlined apartments come with granite work surfaces and a European kitchen adding to the sleek design.

For the investor, Ria Court 34 is ideal. With the constant demand for good rental property in the centre of Larnaca, Ria Court 34 must represent one of the best buy-to-let opportunities in Larnaca and indeed the whole of Cyprus.

Being so centrally located in Larnaca town, all amenities, restaurants, cultural and historical sites and entertainment are on hand. The development is just five minutes from Larnaca airport and 600 metres from the Blue Flag beach and famous Phinikoudes Promenade.

Underground parking is an essential and welcome additional feature at Ria Court 34 and it makes getting around to explore all the easier. Just 20 minutes drive away is the proposed Larnaca Golf Resort at Tersefanou, a huge luxury resort covering an area of 1,220,500 sq. metres, where key attractions will be a PGA approved 18 hole International golf course, an exclusive golf clubhouse and a state-of-the-art spa.

Staying central, however, you will never be short of things to do and see. The Phinikoudes Promenade is the pride of Larnaca. Where once tobacco ships unloaded with the help of donkeys, now a series of town squares and pedestrian areas go hand in hand with a picturesque strip of restaurants, cafes and sun-loungers. The changing face of the beautiful 2km stretch of palm-lined seafront is testament to the refreshing modern new look of Cyprus today.

The overriding appeal of these new apartments is the low cost for such a cenrally located Cyprus property. Starting at just 68,000 CYP, Alpha Bank is offering an interest only option on mortgages which means that for the first two years the lucky few that buy on this development can enjoy rental returns that will leave a healthy profit after mortgage costs.

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