PIYALE PAşA, LARNAKA, CYPRUS
Apartment for Sale in Piyale Paşa, Larnaka, Cyprus USD 427,566
PROPERTY DETAILS
DESCRIPTION
ASTERIAS – Luxury Coastal Living Exclusive Boutique Development | Only 7 Luxury Residences An exceptional opportunity to acquire a luxury residence in one of Larnaca's most sought-after coastal locations, just 30 metres from the sea. Asterias is a boutique residential development comprising only seven exclusive residences, offering a rare combination of privacy, luxury and prime location. The project consists of six one-bedroom apartments and one three-bedroom apartment, creating an intimate and highly desirable living environment. Perfectly suited for buyers seeking luxury apartments in Larnaca, a holiday home by the sea or a high-potential investment property in Cyprus, Asterias combines premium design with an unbeatable coastal setting. Each residence has been carefully designed to maximise comfort and functionality, featuring spacious interiors, covered verandas, private covered parking and provisions for smart-home technology. The development also benefits from Energy Efficiency Class A+, ensuring modern, sustainable living. Prime Coastal Location Ideally positioned in one of Larnaca's most attractive coastal districts, Asterias enjoys immediate access to the city's most popular destinations and landmarks. This is a rare opportunity to acquire one of the finest apartments for sale in Larnaca, located just moments from: Finikoudes Promenade Mackenzie Beach Saint Lazarus Church Larnaca Marina Restaurants, cafés and retail amenities For buyers searching for a property near Finikoudes or an apartment near Mackenzie Beach, Asterias offers a unique balance between coastal living, convenience and exclusivity. Residents can enjoy direct access to pedestrian and cycling pathways along the coastline, allowing them to embrace the Mediterranean lifestyle every day. Key Features Only 7 Exclusive Residences 30 Metres from the Sea Prime Coastal Location Sea View Location 6 One-Bedroom Apartments 1 Three-Bedroom Apartment Energy Efficiency A+ Smart Home Provisions Covered Parking Spacious Covered Verandas Boutique Development Walking Distance to Finikoudes & Mackenzie Close to Larnaca Marina Excellent Investment Potential A Rare Investment Opportunity Whether you are seeking a permanent residence, a holiday home or a secure investment, Asterias represents a unique opportunity to own one of the most desirable seafront properties in Cyprus. The combination of limited availability, premium specifications and exceptional location makes this development stand out among luxury apartments in Larnaca currently available on the market. With only seven residences in total, Asterias offers a level of privacy and exclusivity rarely found in such a prime coastal setting. Prices From €380,000 + VAT One 3 bedroom apartment also available.
ASTERIAS – Luxury Coastal Living
FEATURES
NEIGHBORHOOD · CYPRUS · LARNAKA · Δήμος Λάρνακας · SKALA
Skala is a suburb in Larnaca, Cyprus. Nearby: Psarolimano 1 148 m · 2 min walk; Petros 214 m · 3 min walk; Τεχνικη Ζχολη Αγιου Λαζαρου 377 m · 5 min walk; Vacant 14 m · 1 min walk.
- Transport: Psarolimano 1 (148 m · 2 min walk), San Remo Hotel 2 (165 m · 2 min walk), Piale Pasa (175 m · 2 min walk), +42 more nearby
- Education: Τεχνικη Ζχολη Αγιου Λαζαρου (377 m · 5 min walk)
- Shopping: Petros (214 m · 3 min walk), Deni's Market (473 m · 6 min walk), Simos Supermarkt (1 km · 13 min walk), +1 more nearby
- Health: Vlera Flouri (1.1 km · 14 min walk), Μ. Ταμπουλλη (1.2 km · 15 min walk), Apostolides Pavlos Pharmacy (1.2 km · 16 min walk), +2 more nearby
- Leisure: AEK Larnaca Academy Training Center (622 m · 8 min walk), Body Central (1.1 km · 13 min walk), Simply Pilates (1.1 km · 14 min walk), +11 more nearby
- Dining: Vacant (14 m · 1 min walk), Sea Joy (22 m · 1 min walk), Charmers (43 m · 1 min walk), +88 more nearby
Distances are straight-line, based on OpenStreetMap data.
LOCATION
INVESTMENT SNAPSHOT
PRICE / M²
$8,222
Verdict: partial
Test this investment Cyprus financing profile ✎ Edit
The seller has not shared rental figures. For a home like this one, long-term rents around here work out to roughly USD 1,480 / month (about USD 18.9 / m²; based on Cyprus (country average — no local data for Larnaca)) — enter your own expected rent to see the numbers.
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Estimates only — not financial advice. Prefilled with typical cyprus financing profile figures — adjust to your own scenario.
Price context
This listing: $8,222/m² — 24% below the median of $10,775/m² across our 3 listings in this area.
Reading a price below the area level: a lower per-m² price can be genuine value — larger units price lower per m², and motivated sellers exist — but check the usual reasons first: renovation needs, noise exposure (roads, rail, flight paths), unfavourable floor or orientation, leasehold/servitudes, and pending building-fund obligations in condominiums. Points in its favour here: public transport (Psarolimano 1 — 148 m · 2 min walk), schools (Τεχνικη Ζχολη Αγιου Λαζαρου — 377 m · 5 min walk), daily amenities (Petros — 214 m · 3 min walk).
No map data found nearby for: water proximity — worth asking the agent about these.
Positioning within our own current listings in the same area — asking prices per m², not an appraisal or market valuation. Size mix, condition, and plot differ between properties.
Investment factors
- ✓Public transport Psarolimano 1 — 148 m · 2 min walk
Walkable rail or bus access consistently supports resale value and rentability. - ◦Water proximity
Lake, river, or sea frontage and water views command lasting price premiums in most markets. - ✓Schools Τεχνικη Ζχολη Αγιου Λαζαρου — 377 m · 5 min walk
Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand. - ✓Daily amenities Petros — 214 m · 3 min walk
Groceries within walking distance is a top liveability filter for both tenants and buyers. - •Parks & recreation AEK Larnaca Academy Training Center — 622 m · 8 min walk
Green space nearby improves quality of life and supports value in dense areas.
Based on OpenStreetMap data. ✓ strong • present ◦ no data.
