"Over the last three years demand for property has
increased by an average of 15% to 20% per annum."
[FT World Report]
This is expected to continue for the foreseeable
future, with increasing demand from, among others,
the new affluent Russians, Greek Cypriots living
abroad and the large growing British ex-pat community.
Raphael
Apartments
1,
2 & 3 bed luxury apartments in the centre
of the regeneration area of Larnaca.
Just a 10 minute walk from the beach, situated
at the centre of the Larnaca regeneration
area, this brand new development offers a
range of 1, 2 and 3 bed apartments.
City living is an important factor in Raphael's
location, with excellent potential for a 12
month rental season.
The prices reflect the current location and
are sure to rise dramatically on completion
of the sea front transformation.
The development is due to complete
in spring 2009 and offers a 12 month rental
guarantee from completion; which should coincide
nicely with the regeneration period.
With only 56 units available it is imperative
to reserve at the earliest opportunity.
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Summary:
»
Brand New 1,2 and 3 bedroom apartments
»
12 month rental season
»
Excellent potential for capital growth
»
56 units available
»
Prices from 187,434 Euros for a 2 bedroom apartment
