Before we get into why to invest in Larnaka in 2024 let’s mention that Larnaka is one of the six cities on the south coast of Cyprus. Larnaka, as the 3rd largest city in Cyprus, has a population of around 60,000 people.
For the past few years, many investors are looking into investing in Larnaka since it growing exceptionally with new opportunities popping up regularly.
Larnaka's new International Airport and Port transform it into a regional business hub, offering exceptional connectivity and convenience.
Lower rents, living costs, and property prices in Larnaka yield higher returns on investment, making it a highly favourable location for companies and entrepreneurs.
Boasting the lowest crime rate on the island, Larnaka ensures a safe environment for residents and visitors alike.
Larnaka is on the cusp of a new era with projects like the Port and Marina development, the visionary 'Land of Tomorrow', the rejuvenation of the former refinery areas, new hotel constructions, and the revitalization of the seafront.
The well-educated and diverse local population in Larnaka simplifies the process of finding quality staff and recruits.
Larnaka is home to top-tier service providers, including audit firms, legal experts, and major banks, ensuring professional and reliable business operations.
As a less developed area with expected growth, Larnaka presents highly attractive investment opportunities.
Larnaka boasts an extensive stretch of immaculate 'blue flag' beaches, enhancing the city's natural allure.
Ideally situated at the heart of Cyprus, Larnaka offers easy access to Nicosia, Limassol, and the Famagusta region.
Larnaka is historically known for its warm and cosmopolitan welcome to all visitors.
In Larnaka, the seamless blending of business and leisure creates an ideal lifestyle balance.
The city offers a surprising array of cultural experiences, including theatres, museums, and a multitude of diverse events.
Surrounded by picturesque villages and a variety of leisure options, Larnaka is a gateway to exploring the region's rich diversity.
