Park Residences
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PARK RESIDENCES · PERVOLIA · LARNACA

Property investment in Cyprus: apartments in the Larnaca district

Planned handover — autumn 2027

Consider Park Residences in Pervolia for your own home, holidays or a rental property purchase. The development offers 18 apartments with 1–3 bedrooms, 1.3 km from the Mediterranean Sea and 9 km from Larnaca Airport. Compare layouts and request current purchase information through the contact form. Apartments are offered with finished interiors. Furnishing is available in separate packages.

Park Residences, Pervolia, Larnaca, Cyprus
PARK RESIDENCES

Investment potential over 5 rental years

See how rental income and capital growth could work together. An illustrative scenario for two Park Residences apartments using the current price list.

Illustrative scenario: 60 months of uninterrupted long-term rental starting when letting begins after handover. Rent remains fixed; property value grows by an assumed 5% a year, compounded annually. Apartment prices follow the 1 September 2026 price list; please confirm availability.

Investment potential over 5 rental years
MeasureOne bedroom№202 ↗Two bedrooms№208 ↗
Apartment price175,000 €240,000 €
Monthly rent — assumption1,150 €1,700 €
Rental receipts over 5 years69,000 €102,000 €
Value after 5 years — scenario223,349 €306,308 €
Capital growth — scenario48,349 €66,308 €
Rent + capital growth117,349 €168,308 €
Result relative to apartment price, before costs67.1%70.1%

Rent and capital growth are assumptions, not guaranteed returns. Purchase, furnishing, management, maintenance and selling costs, and vacancy periods, are excluded. Capital growth is not cash income until the apartment is sold.

Park Residences apartment management

Park Residences can take care of long-term letting and professional management of apartments in the development.

  • Apartment condition checks
  • Keeping the apartment clean and orderly
  • Coordinating ongoing maintenance

We can help with turnkey furnishing — from furniture and curtains to tableware and TV. Service scope and management fees are agreed for your apartment.

Property in Pervolia near Larnaca

Pervolia is in the Larnaca district of Cyprus. Park Residences combines a location near the sea with access to the airport. When comparing properties for your own use or rental, assess transport links, surroundings and distances against the way you expect to use the apartment.

Buy an apartment in Cyprus for living or holidays

Park Residences includes one, two and three bedroom apartments. Apartment and floor plans are available on the homepage. Compare space, balconies, bedroom count and the position of each apartment. Your priorities may differ between a permanent home and occasional holidays.

Buying a property to rent out

If you are considering a buy-to-let purchase, define the rental model and intended guests or tenants first. Long-term tenancies and short stays have different furnishing, maintenance and management needs. Check whether your intended rental use is permitted and which approvals apply to the specific apartment before buying.

Assessing rental income and costs

Compare the purchase price, transaction costs, furniture and initial preparation with your expected revenue. Allow separately for shared facilities, utilities, management, repairs and periods without tenants. Base your estimates on verified comparable properties rather than an advertised rental rate alone.

Amenities at Park Residences

The project includes an indoor pool, private gym and shared spaces. Porto Buro designed the architecture, with modern building systems and solar panels included in the project. Explore photographs and layouts, then confirm the specification of your chosen apartment and the conditions for using shared facilities.

Information to request before purchase

Ask about current prices and availability, construction status, handover dates, apartment specifications, payment terms and expected running costs. For a rental purchase, also clarify property management options. These details help you compare a home, holiday property and investment purchase.

PARK RESIDENCES / TECHNICAL SPECIFICATIONS

Apartments with finished interiors

Park Residences apartments in Larnaca are offered with finished interiors. Building systems, materials and specifications are listed below.

Finished walls, ceilings, floor coverings and bathrooms.

Underfloor heating in all bathrooms and living rooms. Built-in LED lighting throughout.

Allocated covered parking with electric vehicle charging and an individual storage room.

Grounds and shared facilities
  • Gated landscaped grounds with video surveillance.
  • Gym and yoga area.
  • Pool and park areas separated from vehicle traffic.
  • Each apartment includes allocated covered parking with electric vehicle charging and an individual storage room.
  • One, two and three bedroom apartments, with an accessible Roof Garden.
Utilities and building systems
  • Electricity supply: European EN standards, with installation of solar panels.
  • Mains water with individual roof storage tanks up to 1,000 litres, solar water heating and a pressure system.
  • Connection to the municipal sewer system.
  • Mechanical supply and exhaust ventilation.
  • Individual split-system air conditioning in each apartment.
  • Otis HydroFit hydraulic lift.
  • Class A energy efficiency.
Apartments
  • Ground, first and second floors, plus an accessible Roof Garden.
  • The price list includes 5 one-bedroom, 8 two-bedroom and 5 three-bedroom apartments.
Interior finishes and underfloor heating
  • Walls: plaster, filler and paint.
  • Combined plasterboard and stretch ceilings.
  • Living rooms, kitchens, bathrooms, corridors and terraces: porcelain tiles to the Porto Buro design.
  • Bedrooms: laminate or porcelain tiles, at the buyer's choice.
  • Underfloor heating in all bathrooms and living rooms.
  • Large-format porcelain tiles on bathroom walls.
  • Kitchen worktops in stone or porcelain, depending on the selected package.
Bathroom fittings
  • Fittings selected and approved by the architect and Porto Buro design studio, using high-quality European brands.
  • Wall-hung toilets and modern taps.
  • Baths and showers. Buyers can choose between a bath and shower enclosure at an early purchase stage.
Doors, windows and fitted wardrobes
  • Certified fire-resistant entrance doors.
  • Built-in hallway wardrobes in each apartment.
  • Flush internal doors ready for painting, with aluminium frames and Italian hardware.
  • Sliding or hinged aluminium windows with two-chamber glazing units.
Electrical fittings and lighting
  • Built-in LED lighting in all rooms.
  • Sockets in bedrooms, kitchens, corridors and on terraces.
  • Electrical wiring and equipment comply with EN standards.
  • Automatic lighting in shared spaces and outdoors.
Furniture and appliance packages
  • Standard package (manufactured in Cyprus): HPL kitchen worktop designed by Porto Buro. Midea appliances: refrigerator, hob, extractor, oven, microwave and washing machine.
  • Premium package: VENERE, Italy, stone worktop by Porto Buro and BOSCH or SAMSUNG appliances.
  • Turnkey furnishing is available on request, including curtains, tableware, sofas, beds, televisions and more. Package contents and prices are confirmed separately.
Additional paid options
  • Electric curtain tracks.
  • Additional solar panels.
  • Heat recovery system.
  • Fireplaces for first and second floor apartments; confirm feasibility for the specific apartment.

Materials are selected at the discretion of the developer and architect. The company may replace materials with equivalents. Any changes must be agreed and signed by both parties in writing. Changes to facades, terraces, terrace flooring and common areas are not permitted. Individual changes that do not affect electrical systems are possible at an early construction stage.

Purchase and rental options

Park Residences offers interest-free instalments over 12–18 months, support with renting out apartments and turnkey furnishing, including furniture, tableware, curtains and a television. Ask about options for your selected apartment through the form.

Purchase and rental options
№Apartment typeAreaApartment priceStatus
№202One bedroom60.00 m²175,000 €Check availability
№206One bedroom62.00 m²180,000 €Check availability
№305One bedroom62.00 m²180,000 €Check availability
№203One bedroom76.00 m²190,000 €Check availability
№208Two bedrooms87.00 m²240,000 €Check availability
№307Two bedrooms87.00 m²240,000 €Check availability
№209Two bedrooms87.00 m²245,000 €Check availability
№102Three bedrooms191.00 m²375,000 €Check availability
№205Three bedrooms177.00 m²375,000 €Check availability
№304Three bedrooms261.00 m²415,000 €Check availability
№204Two bedrooms81.00 m²230,000 €Reserved
№302Two bedrooms83.00 m²230,000 €Reserved
№207Two bedrooms113.00 m²260,000 €Reserved
№301Two bedrooms195.00 m²320,000 €Reserved
№101Three bedrooms201.00 m²375,000 €Reserved
№201One bedroom54.00 m²150,000 €Sold
№303Two bedrooms81.00 m²200,000 €Sold
№306Three bedrooms235.00 m²490,000 €Sold

Kitchen included. Prices and statuses dated 1 September 2026; enquire about current availability.

Figures for an investment assessment

Indicative investment income starts at 5% per year, with projected property value growth of 10–15%. Returns are not guaranteed and depend on purchase price, expenses, occupancy and rental terms. Request an individual calculation.

Cyprus permanent residence through property investment

The investment residence route requires a first-sale home from €300,000 plus VAT and verified annual income from €50,000, higher for dependants. Additional criteria apply. Approval is not automatic; check the eligibility of both the apartment and applicant.

Official programme criteria ↗

Questions from buyers and investors

Where is Park Residences?

The development is in Pervolia, Larnaca district, Cyprus, 1.3 km from the sea and 9 km from Larnaca Airport.

Can I consider an apartment as a rental investment?

Yes, you can consider a purchase for this purpose. Clarify the permitted rental model, costs and management arrangements for the selected apartment before deciding.

Is a rental return guaranteed?

Indicative income starts at 5% annually. Actual results depend on purchase price, expenses, occupancy and rental terms; returns are not guaranteed.

How do I find current prices and availability?

Choose a floor plan on the homepage and send an enquiry through the contact form. A phone number or email address is enough.

Apartment floor plans ↗