Undoubtedly Larnaca and its advantageous strategic location is the perfect entry point to various different market places like Europe and Middle East. Hence international business as well as trade and also investment enterprise become more simplified.
Larnaca is fast growing with so many different opportunities with regards to real estate from both foreign investors as well as locals. In comparison to other cities, it is proven that investing in Larnaca is less costly resulting in a higher return on any investment. It has one of the best climates around the Mediterranean another important reason contributing to why so many investors prefer Larnaca.
Larnaca is home to Cyprus International Airport, the island’s main airport.
Larnaca is ideal if you intend to invest in real estate in Cyprus, and international travel is essential. The airport of Larnaca is one of the main reasons that investors prefer the city whereby it is also a popular destination for many tourists.
Many investors have turned the real estate investment properties into holiday rentals and short term rentals as well as long term rentals as locals and foreigners are relocating to Larnaca in order to work and study. There are many investment opportunities to purchase or develop real estate properties and rent them in the market to gain the maximum return your investment.
Larnaca is safe and offers so many advantages for families living or planning to relocate to the city. This family-friendly environment already contributed to the result and interest of investors for Larnaca.
There are many real estate projects being developed around the new mall area. The mall has changed the scenery for Larnaca. This development is another plus for Larnaca’s growth and as well as the new opportunities for investment. Investors who are after prime residence investment and relocate to Larnaca can benefit from the island’s employment potential as well.
Many investors prefer Cyprus because of the low corporate tax which at 12.5% is one of the lowest in the European Union and completely compliant with European Union regulations. The investment can also benefit from several tax exemptions. Cyprus as a member of the European Union uses Euro as its currency.
Larnaca is undoubtedly the upcoming investment city with a promising steady market. The low prices in comparison to other cities as well as all the new infrastructural projects ahead secures a steady and profitable market.
The continuous new developments play an important role in attracting many and plenty of new investors as well. Investors looking to secure higher return and benefit from Larnaca’s all and many advantages are on the precise and exact right track investing in Larnaca as it has all what is needed for obtaining and gaining the maximum of their investment.