Lovely Larnaca lures investors

Larnaca, one of the world’s oldest cities is a popular tourist destination among all age groups, one expert has claimed.

Larnaca has appealed to everyone and it has places to enjoy a night out and a variety of cultural and historical sites. Discover Larnaca, property portal has stated that the Larnaca is “quiet and picturesque”, while its good weather and scenery is also highlighted as additional benefits for tourists.

Financial mirror has reported that Lufthansa German Airlines will offer passage between Munich and Larnaca from next spring. The carrier will offer the service three times a week. Meanwhile, Monarch has announced that it will also increase the number of flights to Larnaca from Luton Airport to 14 services per week. Flights to Larnaca from both London Gatwick and Manchester have begun to operate this summer. This will boost the accessibility of Cyprus from Europe and potentially enhancing its status as a hotspot for foreign property investors.

The number of people passing through Paphos and Larnaca airports in Cyprus has increased and the two airports has handled more than six million passengers in 2007. This figure has already been beaten this year, the final number for 2008 as a whole is expected to be a record amount.

The hot summers and mild winters has led to it becoming a popular holiday destination for 12 months of the year, which has in turn created opportunities for overseas property buyers. The region’s housing market has seen substantial growth in recent times, with values has risen by about 15 per cent in the last year.

Popularity: 34% [?]

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