Residence at 700 meters from the promenade, in the center of Larnaca, Cyprus

Τhe Academia Tower is a 7-floor luxury apartment building.

Three apartments are allocated to the first and second floors, all of which consist of an open-plan living and kitchen area, 2 bedrooms (the master with an en-suite shower), a main bathroom, and a covered veranda.

The top-floor apartments, with 4 bedrooms located on the 6th floor, enjoy individual access to their private roof garden on the 7th floor, hosting the 4th bedroom, a WC/shower room, sauna and a barbecue area.

Advantages

A huge demand for rentals has been noticed in this area.

An excellent investment opportunity that can create an income of 5% from yearly rentals and up to 9% for short-term rentals.

Location and nearby infrastructure

The property is excellently located in Larnaca town centre, in a quiet residential area behind the American Academy school and close to amenities. The famous Finikudes sea promenade is only 700 meters away. Larnaca also hosts the main International Airport at a distance of 8.3 km.