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The Mackenzie area in Larnaca is known for its beautiful sandy beach, picturesque cafes and restaurants, as well as its vibrant nightlife, making it particularly attractive for property investments. Apartments available for sale in the area often come with excellent amenities such as access to communal swimming pools, gyms, gardens, and private balconies with panoramic views of the sea or the city.
Investors find the area particularly appealing for short-term rentals, mainly due to the increased tourist activity during the summer months. The area is also close to Larnaca city center, making it ideal for those who want easy access to shopping malls, banks, and other services.
The easy access to Larnaca International Airport, which is just a few minutes’ drive away, is another reason why Mackenzie attracts buyers from abroad who are looking for a seaside home, either for holidays or permanent residence.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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