Larnaca, Cyprus, Larnaca, Larnaca, Cyprus. - Hero Image
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Larnaca
Larnaca | Larnaca

The Refinement of

Urban Taste

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Alexandros Drakonakis
Alexandros Drakonakis
Presented At
€1,200,000
Bedrooms
3
Bathrooms
3
Living
1,411
SQFT
Stories 1
Open Kitchen
Elevator
Kitchen island
Walk In Closet
Garage
Outdoor Living Space
Parking
Balcony
Water View
City View
Sea View
Privacy
Panoramic / Scenic View
Modern
Investment Property
New Builds
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Larnaca, Cyprus, Larnaca, Larnaca, Cyprus. , Larnaca , Larnaca

LUMINUX PENTHOUSE - Elevated Seafront Living

Luminux is a luxurious penthouse, with an area of 131 square meters, located on the eighth floor of a modern apartment building in a prime location along the seafront of Larnaca, offering unobstructed views of the new port and the contemporary marina. Just a few steps away from the city’s finest restaurants, cafes, and shops, it perfectly combines the tranquility of a quiet environment with immediate access to all kinds of amenities and services. The building’s facade is inspired by the wavy shapes of the sea, featuring curves, peaks, and recesses that create a dynamic aesthetic effect. It does not merely adapt to its surroundings but enriches them, adding a new architectural element that stands out in the city’s urban landscape. The heart of the penthouse beats in the impressive open-plan area where the living room, dining room, and kitchen coexist harmoniously in a perfectly designed setting. With a modern aesthetic, clean lines, and thoughtful ergonomics, this space exudes a sense of freedom and comfort. Floor-to-ceiling windows allow natural light to flood every corner of the home while offering unobstructed views of the sea. Direct access to the large private terrace enhances the connection to the outdoors, making the space ideal for relaxation, entertaining, or moments of complete tranquility against the blue backdrop of Larnaca. Moving on to the private areas of the penthouse, the three bedrooms stand out for their meticulous architecture and emphasis on comfort and practicality. The master bedroom features an en-suite bathroom and direct access to the terrace, offering a personal retreat filled with natural light and stunning sea views. This layout ensures maximum privacy and comfort, perfect for moments of rest and escape from daily life. The two additional bedrooms have been designed with the same attention to detail and functionality, offering spacious and bright areas that meet every need. Each room is equipped with built-in wardrobes designed to maximize storage space while maintaining a sense of cleanliness and harmony. These spaces provide an atmosphere of calm and warmth, thoughtfully crafted to meet the demands of modern living. The two main bathrooms, along with an additional guest WC, are fitted with high-quality materials and modern fixtures that combine aesthetics and functionality, completing a home that impresses both in appearance and practicality. It also features private parking on the ground floor and a storage room, providing extra comfort and convenience. With high-quality materials, modern technological infrastructure, and attention to detail, this penthouse offers the ultimate living experience by the sea. It is not just a residence but a lifestyle—a space that allows you to live your daily life with style, comfort, and peace, without sacrificing the luxuries and conveniences you deserve. The penthouse is situated in the heart of a developing and upscale area near the new marina and the upgraded port, which bring significant opportunities to the region. With sea views and just minutes from the Foinikoudes seafront promenade, it offers easy access to all city services. The nearby highway ensures quick connections to Limassol, Nicosia, Paphos, Ayia Napa, and the Troodos mountains, while Larnaca International Airport is also very close. Please note that the listed price does not include the applicable tax.

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Map showing Larnaca, Cyprus, Larnaca, Larnaca, Cyprus.

Property Location

Larnaca, Cyprus, Larnaca, Larnaca, Cyprus., Larnaca Larnaca

Local Weather & Climate

Larnaca, Larnaca

Current Conditions Updated recently
56 °F
Clear sky
Feels Like 54°F
Humidity 65%
Wind 12 mph
Visibility 6.2 mi
Sunrise 4:00 AM
Sunset 3:50 PM
5-Day Forecast
Thu 12 Mar
Clear
High 70°
Low 55°
Fri 13 Mar
Clouds
High 64°
Low 54°
Sat 14 Mar
Rain
High 61°
Low 56°
Sun 15 Mar
Rain
High 63°
Low 56°
Mon 16 Mar
Clear
High 66°
Low 53°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Larnaca?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Larnaca. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $120,000,000 20% down ($24,000,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$10,312
$10,312/day
Your home may appreciate while you sleep
$72,379/week $313,644/mo $3,763,724/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$66.0M
vs
OWN 📈 +$93.7M
$93.7M Potential Equity
vs $66.0M lost to rent over 10 years
$24.0M Down Payment Growth
3.9x
10yr
$93.7M
8.1x
20yr
$193.9M
12.6x
30yr
$303.1M
Wealth Comparison
×722
Equivalent to 722 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $303.1M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $141.3M +18%
Market $163.4M +36%
Optimistic $188.6M +57%
$93.7M est. equity
20 Years
Conservative $166.4M +39%
Market $222.5M +85%
Optimistic $296.4M +147%
$193.9M est. equity
30 Years
Conservative $196.0M +63%
Market $303.1M +153%
Optimistic $465.7M +288%
$303.1M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at Larnaca, Cyprus, Larnaca, Larnaca, Cyprus features 3 bedrooms with 1,411 square feet of living space.
This property offers 1,411 square feet of living space.
This property is listed at $120,000,000, which equals $85046 per square foot.
Based on current market indicators, Larnaca shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in Larnaca, Larnaca. The property is situated in an established neighborhood with convenient access to local amenities and services.
Alexandros Drakonakis

Alexandros Drakonakis

Loyal Group | Luxury Realty Experience

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Pandelis Maragkakis

Pandelis Maragkakis

Loyal Group | Luxury Realty Experience

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