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Two-Bed Penthouse Apartment with Large Veranda in Paralimni

€255,000€3,072/m²

Paralimni, Famagusta, Cyprus

  • 2

    bedrooms

  • 2

    bathrooms

  • 83 m²

    interior

  • Apartment

    property type

  • 6 Aug 2026

    listed

The Habio take

AI summary

This two-bedroom penthouse apartment offers a modern living experience, featuring a spacious uncovered veranda and communal swimming pool. Located in Paralimni, you'll find a blend of contemporary amenities and access to stunning east coast beaches.

  • beach
  • new build
  • investment
  • holiday
  • family

Highlights

  • Penthouse apartment
  • Large uncovered veranda
  • Close to east coast beaches
  • Communal swimming pool
  • Walking distance to amenities
  • New build with title deeds process

Worth knowing

  • Under construction with completion set for August 2027
  • Unfurnished, requiring personalisation

Good fit for: Ideal for those seeking a modern, spacious apartment close to the beach and local amenities.

Lifestyle scores

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

About this place

Introducing a stunning collection of new build residential apartments in Paralimni, Famagusta. This two-bedroom penthouse apartment is thoughtfully designed for contemporary living, providing a master bedroom with ensuite facilities, a second bedroom, and a family bathroom. The open-plan layout includes a spacious living, dining and kitchen area, making it an ideal space for relaxation and entertaining.

The property boasts a large uncovered veranda measuring 90 m², perfect for outdoor living, as well as a 21 m² covered veranda. Residents benefit from exclusive parking spaces, storage options, and access to a communal swimming pool. Additionally, the apartment is located within walking distance to local shops and amenities, while the beautiful east coast beaches are just a 10-minute drive away.

Paralimni itself is known for its vibrant blend of modern and traditional architecture and offers a shopping centre, cafes, bars, and restaurants. It’s also just 12 minutes from Protaras and a short drive from Ayia Napa, making it convenient for both holiday and permanent living. This property is suitable for Cyprus Permanent Residency and is subject to VAT.

What this place offers

  • communal swimming pool
  • parking
  • storage
  • veranda
  • air conditioning provisions

Where you’ll be

Paralimni, Famagusta, 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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