Larnaca Harbor 3 Bedroom Apartment
- Bedrooms
- 3
- Bathrooms
- 3
- Built area
- 109 m²
- Plot
- 109 m²
Investment summary
PriceLabs estimate, Jun 2024- Gross yield
- 6 – 7.8%
- Owner yield
- 2.5 – 3.4%
- Occupancy
- 75 – 85%
- Est. annual revenue
- €72k – €94k
- Owner income / yr
- €30k – €41k
- Average daily rate
- €240 – €280
Estimate, not guaranteed. Owner income after a 22% management commission. Gross yield is the yearly rental revenue divided by the asking price. Owner yield is the owner's yearly income after the management commission, divided by the price. Both are before taxes, financing and running costs.
About this residence
Estimated Annual Rental Income: €41,700 to €52,800.
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Situated on the 8th floor of a stunning mid-rise apartment building, this exquisite 3-bedroom apartment offers a lifestyle that defines luxury. With sweeping views of the new marina, the pristine sea, and the charming old town, this is waterfront living at its finest.
This spacious apartment boasts a generous 109 square meters of living space, thoughtfully designed for comfort and elegance. The apartment features 3 bedrooms and 3 well-appointed bathrooms, providing ample space for residents and guests alike. Enjoy breathtaking vistas that stretch across the sparkling marina and the historic old town, creating a living canvas that changes with the moods of the sea. The beach is just a leisurely stroll away, allowing you to bask in the sun and embrace the coastal lifestyle whenever you desire.
This residence is more than just a building; it's a sanctuary designed for those who appreciate a harmonious living environment. Strategically positioned to overlook the new port and marina along Larnaca's picturesque waterfront, this property offers the perfect blend of serenity and convenience. It's mere steps from some of the city's most exquisite restaurants and world-class shopping destinations.
The building's facade is a masterpiece in its own right, artfully mimicking the ever-changing surface of the sea. Its undulating curves, dips, and peaks not only adapt to the surroundings but contribute to them, adding a distinctive and innovative architectural presence to Larnaca's skyline.
This apartment is where luxury meets tranquility, where sea views meet city living, and where every day feels like a vacation. This property represents a remarkable investment opportunity. Its prime waterfront location, stunning views, and luxurious design make it highly attractive for short-term rentals and vacation stays. The architectural excellence and proximity to top dining and shopping venues further enhance its appeal, ensuring high demand from discerning guests.
If you would like to know more about this magnificent apartment, do not hesitate to contact us.[IW]
Highlights
- Sea views
- New build
Features & specifications
- Property type
- Flat
- Reference
- CI0001
- Condition
- New build
- Year built
- 2024
- Furnished
- Yes
- Renovated
- 2024
- Views
- Sea
- Kitchen
- Open-plan
- Energy certificate
- In process