Large Tourist Land for Development in Paralimni
€470,000
- 5,040 m²
- Plot
- Land
- Type
- 28 Aug 2026
- Listed
The Habio take
This expansive 5,040 m² plot in Paralimni presents an outstanding investment opportunity for tourism-related or residential development. Ideally located in one of the fastest-growing areas of Cyprus, you'll benefit from excellent accessibility and future development potential.
- investment
- tourist
- development
- new build
Highlights
- 5,040 m² plot size
- Located in Tourist Zone T2β4
- Registered road access
- Building density of 35%
- Suitable for tourist accommodation or residential development
Worth knowing
- Planning authority approval needed for residential houses
Good fit for: Ideal for developers and investors looking to create tourism-related projects or residential properties.
Lifestyle scores
- Beach
- 60
- Walkable
- 50
- Remote work
- 50
- Family
- 60
- Retirement
- 70
- Airport access
- 70
- Investment
- 80
- Luxury
- 60
- Value
- 75
About this place
This tourist land for sale in Paralimni, Famagusta, spans a generous 5,040 m² and is classified within the Tourist Zone T2β4, making it suitable for various tourism-related developments such as holiday villas and tourist accommodation. The property's registered road access ensures excellent connectivity, facilitating straightforward future development.
With a building density of 35% and a coverage ratio of 25%, the site allows for a maximum building height of 10 metres across 2 floors. Residential houses can also be built with the necessary planning authority approval, expanding the potential uses of this prime land. As a rapidly expanding area, Paralimni offers a promising prospect for developers or investors eager to capitalise on the growth of the Paralimni–Protaras region, whether for short-term holiday projects or long-term investments.
Getting around
- Excellent water quality
Nearest beach · Pernera Bay
~5 min drive · 2.3 km
Larnaca (LCA)
~52 min drive · 62 km
Ercan (ECN)
~1 h 03 min drive · 65 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.
Where you’ll be
Paralimni, Famagusta, Cyprus
- Nearest airport
- Lefkoniko (Geçitkale) (GEC)
- 36 km
- Also close
- Larnaca (LCA)
- 41 km
- Nearest city
- Nicosia
- 62 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
Buying property in Cyprus
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
