Securing the town planning permit for Horizon Towers marks a significant step forward for SLK Development’s large-scale residential project in Livadia, Larnaca. This development has also strengthened interest from the local Cypriot market, with around 40 apartments already purchased by Cypriots, indicating that the project is attracting not only foreign buyers but also locals seeking a home or an investment opportunity in Larnaca.
With the permit now in place, Horizon Towers moves from the planning and licensing stage into implementation, at a time when Larnaca-particularly the Livadia area-is undergoing substantial growth and emerging as one of the city’s new residential hubs.
A new approach to modern living
The first phase of Horizon Towers comprises two 20-storey towers with a total of 198 residences, while the overall masterplan envisages approximately 530 residential units. Located close to the sea, the project includes, beyond housing, dining spaces, retail and professional uses, swimming pools, gyms, a spa and other facilities.
The philosophy behind Horizon Towers is to offer residents more than a modern home, creating an environment where daily life is combined with amenities and services reminiscent of a five-star hotel experience.
The Cypriot market shows tangible interest
The presence of Cypriot buyers is a significant element in the project’s progress to date. Rober Sajrawi, CEO and Director of SLK Development, notes that the response from the Cypriot market reflects demand for new, high-quality homes in Larnaca.
“Horizon Towers is not a project aimed only at foreign investors. Sales performance so far shows there is significant interest from Cypriot buyers as well,” he says. “The first phase includes 198 residences, while the overall masterplan envisages around 530 units. For us, it is important that the project resonates with the local market, and we believe Cypriot buyers’ participation is a strong sign of confidence both in Horizon Towers and in the area’s prospects.”
Livadia’s development is changing the landscape
SLK Development Director Marios Kareklas attributes the rising interest to the broader transformation underway in the area. “Larnaca is going through a period of significant change. Livadia and the new coastal zone are attracting several major developments, gradually creating a new environment for living and investment,” he says.
“Horizon Towers was designed with this evolution in mind. We wanted to create a project that combines modern residences with dining spaces, retail and professional uses, as well as facilities for sports, wellness and leisure.” As Mr Kareklas notes, the participation of the Cypriot market is particularly important for the company.
“We want Horizon Towers to be a real option for Cypriot buyers, whether they are looking for their own home or considering an investment in Larnaca. Our goal is to deliver a project with quality, sound design and services that make residents’ everyday lives more comfortable. At the same time, we want to contribute to the area’s evolution and to the new image being shaped for Larnaca.”
Homes for different needs
Horizon Towers offers one- to three-bedroom apartments, catering to different needs, whether for owner-occupation, family housing or investment. Its location, close to the sea and in the area where Larnaca’s new seafront is gradually taking shape, is one of its key advantages.
The wider Livadia area is in a phase of significant development, with new homes, commercial uses and infrastructure progressively changing its character. For buyers, this creates the opportunity to choose a home today in an area expected to gain even greater importance for Larnaca in the coming years.
The next step for Horizon Towers
With the town planning permit now secured, Horizon Towers enters the next phase of its development. For SLK Development, the project’s trajectory is part of a broader effort to create modern residential developments that meet the needs of today’s market and align with the new opportunities emerging in Larnaca.
Interest from both the Cypriot and international markets continues as the Livadia area develops and gradually assumes a new role on the city’s residential map. For more information on available homes, apartment types, prices and plans, interested parties can contact the SLK Development sales team.
