Larnaca is a city on the southeast coast of Cyprus. The major international airport of Cyprus, Larnaca International Airport is located in this city.
It has a population of 72,000 (end of 2001) and is the island's second commercial port and an important tourist resort. To the north of the town lies the island's oil refinery, while to the south of Larnaca the International Airport is situated. The city of Larnaka is well-known for its picturesque sea-front which includes rows of palm trees. Much of the activity is centred around the city promenade during the major festivals.
Low property prices, marina expansion, shut down of oil distillery and plans for new highways make Larnaca an ideal investment area. A proposed golf course will attract investors as plans are currently under review for a luxury 5 star golf course and country club just outside Larnaca.
Why Live in Cyprus
·The climate makes the island one of the healthiest places in the world with 340 days of sunshine per year
·High living standards combined with a low cost of living
·The general price level of property has remained very low compared to the UK or even Spain
·Easy access to and from the UK, Europe and other destinations
·Excellent inexpensive medical facilities
·Modern and efficient legal, accounting and banking services based on British practices
·Excellent educational facilities
·Cyprus has a double taxation treaty eliminating double taxation for foreigners
·Cyprus enjoys a virtually crime-free environment
Healthcare in Cyprus is inexpensive. Each town has its own Government Hospital and numerous private clinics and hospitals with competent specialists in all fields. Hospital visits cost less than 11 euros; a prescription costs less than 7 euros and private visits to a doctor will cost about 25 euros.
The education system in Cyprus is of a high standard and accessible to all residents.
Children are able to attend Greek or international schools. There are both English speaking primary and secondary schools in all towns. There is a Greek speaking university and a number of English speaking third level institutions which are linked with UK and USA universities.
Greek is the official language in Cyprus , however, English is by far the second most spoken language by over 90% of the population.
The official currency of Cyprus is the Euro.
Crime is virtually unheard of in Cyprus, an aspect of life on the island which surprises and reassures visitors. This is another factor that makes Cyprus a popular destination for foreign buyers.
Making it easy for you to own a Cyprus home
Of course, with its financial and legal systems based on the UK's and so many people speaking English, buying a property in Cyprus is less daunting than in many locations. But when you buy your Cyprus home through P.X.M.(Krashias) Developers you will also benefit from our local connections and in-depth property experience - our understanding of Cyprus and its property market.
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