By April 2023, Larnaca’s waterfront had become one of the most watched real-estate stories in the eastern Mediterranean. TheMarker’s third feature on the city looked at the seafront strip where new development is reshaping the skyline, with our projects at the center of the story.
The article followed the city’s transformation: the marina development, the growing Israeli community, and the steady rise in property values along the coastline. It also revisited Carisa Elysium, by then well into construction.
Returns on properties in Larnaca can reach 5% to 9% for long-term rentals, and even more for short-term rentals.
Three features in three years by Israel’s leading business publication tell their own story: Larnaca is not a passing trend. It is a market with fundamentals, and we are proud to be building part of its future.