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Modern 1-Bedroom Penthouse with Veranda in Paralimni

€159,500

Cyprus

  • 1

    bedroom

  • 1

    bathroom

  • Apartment

    property type

  • 1 week ago

    listed

The Habio take

AI summary

This modern 1-bedroom penthouse in Paralimni offers a spacious 55m² layout with a generous 17m² covered veranda. Located just 2km from the Mediterranean Sea, it combines coastal convenience with a tranquil residential atmosphere.

  • beach
  • investment
  • quiet
  • new build

Highlights

  • 1 spacious bedroom
  • Generous 17m² covered veranda
  • 2km from Mediterranean beaches
  • Modern low-rise development with 11 units
  • Move-in ready apartment
  • Easy access to Larnaca International Airport

Worth knowing

  • Only 1 bedroom may limit space for larger families
  • Limited amenities within immediate vicinity compared to larger towns

Good fit for: Ideal for first-time buyers, investors, or anyone seeking a low-maintenance lifestyle near the coast.

Lifestyle scores

Beach
80
Walkable
60
Remote work
65
Family
50
Retirement
70
Airport access
75
Investment
70
Luxury
65
Value
80

About this place

Discover this beautifully presented 1-bedroom penthouse located on the 3rd floor of a contemporary low-rise development in the sought-after town of Paralimni. Covering a total area of 55m², this apartment features a bright and modern open-plan living space, seamlessly integrating the modern kitchen into the living area, creating an inviting atmosphere for relaxation and entertainment.

Step outside onto your generous 17m² covered veranda or the beautiful roof garden, perfect for enjoying the fantastic Cypriot climate year-round. Ideal for morning coffee, alfresco dining, or unwinding in your private outdoor haven, this space enhances your living experience.

Situated in a peaceful residential area, you will find yourself only 2km from the sparkling beaches of the Famagusta region and the vibrant heart of Paralimni, which offers a variety of shops, tavernas, and amenities within easy reach. The property ensures exceptional connectivity, with Larnaca International Airport just 61km away, making travel convenient.

This low-maintenance apartment is move-in ready, making it an ideal choice for first-time buyers, investors, or anyone seeking a lock-up-and-go lifestyle. With access to a modern elevator, covered parking space, and additional storage room, this penthouse epitomises modern living in a charming location.

What this place offers

  • covered parking
  • storage
  • elevator
  • garden
  • roof garden

Where you’ll be

Cyprus

Location is approximate — exact address is confirmed by the agent.

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Buying property in Cyprus

Full guide →

The process of buying property in Cyprus requires careful planning and involves several legal steps. Foreign buyers should budget for associated costs such as stamp duty, legal fees, and transfer fees, which can vary based on the property's value and other conditions.

  • Foreign buyers must confirm details with a qualified local lawyer as there are differences based on citizenship, and laws can change.

  • Recent adjustments include the introduction of a 0.4% seller's fee for the Central Agency for Equal Distribution of Burdens.

  • Sources consulted (2026-07-27): - Purchasing Property - Ministry of Interior - Gov.cy: https://www.gov.cy/moi/en/purchasing-property/?utm_source=habio - Εργαλείο υπολογισμού Φ.Π.Α. 5% για αγορά/ανέγερση κατοικίας - Tax For All - Gov.cy: https://www.gov.cy/mof-tfa/documents/ergaleio-ypologismoy-f-p-a-gia-agora-anegersi-katoikias/?utm_source=habio

Always check the latest legal requirements and fees.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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