Ikia Residence

Secure seed-stage entry in Larnaca’s most coveted coastal redevelopment corridor when you look to buy property in Cyprus at Ikia Residence, an exclusive contemporary development situated in the vibrant Port and Radisson Blu district of Larnaca. Built for discerning international capital seeking the best property investment Cyprus provides, this boutique 7-storey architectural tower introduces a rare, ultra-low-density living concept consisting of only 7 full-floor residences—delivering one private apartment per level. Each luxury 2-bedroom, 2-bathroom residence offers an expansive 107 m² to 147 m² of covered space, crowned by an elite top-floor penthouse featuring an interconnecting private staircase to an expansive rooftop garden terrace. Engineered for refined Mediterranean living, every home showcases open-concept living and dining zones, European-specification kitchens, floor-to-ceiling thermal glazing, generous covered verandas, private allocated parking, and ground-floor storage facilities.

Positioned in the primary growth axis of the city, Ikia Residence sets an exceptional benchmark for apartments for sale Larnaca and property for sale Larnaca. Located just 300 meters from the shoreline (3rd line from the sea), the building’s spatial orientation provides unobstructed sea-view corridors of 6 to 10 meters, offering panoramic Mediterranean vistas and vibrant city outlooks. Residents are positioned within immediate walking distance of upscale dining, international business centers, and the Radisson Blu Hotel, while remaining just 3 minutes from Finikoudes Beach, 5 minutes from the central commercial boulevards, and only 10 minutes from Larnaca International Airport. Furthermore, its position adjacent to the multi-billion-euro Larnaca Port and Marina redevelopment and the coastal "Land of Tomorrow" masterplan guarantees long-term institutional demand and rapid equity expansion.

From an asset-allocation perspective, our proprietary abuda analytics identify Ikia Residence as a high-ROE opportunity among new developments Cyprus has brought to market. Scheduled for completion in 2026, this under construction apartments Cyprus project delivers a defensive cost structure, avoiding the heavy communal sinking funds of multi-unit high-rises while commanding premium rental yields. Full-floor layouts address the deepest corporate, executive, and high-net-worth tenant pool, making it a standout vehicle for an institutional buy to let Cyprus strategy designed to maximize net Cyprus rental yields.

With launch pricing starting from €375,000 + VAT, every residence at Ikia Residence comfortably surpasses the statutory €300,000 threshold, offering a direct, qualifying route for Cyprus permanent residency by investment (Category 6.2 fast-track) for foreign capital buying property in Cyprus as a foreigner. Securing your unit through abuda’s digital reservation platform ensures early access ahead of public price revisions, backed by transparent statutory parameters on VAT on property Cyprus and a complete exemption from standard transfer fees Cyprus property applies to new-build properties.