Large Development Plot with High Building Density in Paralimni
€795,000
2,871 m²
plot
Land
property type
1 week ago
listed
The Habio take
AI summaryThis expansive 2,871 sq.m. plot in Paralimni offers significant development potential, ideal for investors or developers. Located within diverse planning zones, it opens opportunities for both commercial and residential projects.
- investment
- new build
- development opportunity
Highlights
- Large 2,871 sq.m. plot
- High building density of 120%
- Located in commercial development zone
- Suitable for various development types
- Up to four floors permitted
- Prime location for investors
Worth knowing
- Development subject to planning regulations
- Commercial zoning may not suit all buyers
Good fit for: Ideal for developers or investors seeking a versatile plot for commercial or residential projects.
Lifestyle scores
- Beach
- 60
- Walkable
- 50
- Remote work
- 50
- Family
- 40
- Retirement
- 45
- Airport access
- 60
- Investment
- 80
- Luxury
- 30
- Value
- 70
About this place
This impressive plot of land measures 2,871 sq.m. and is situated in the Paralimni area, presenting excellent development possibilities. It is divided between two planning zones: KG4a, which covers 22% of the property, and Eb5, constituting 78%. The total building density is an enticing 120%, providing substantial scope for development.
The Eb5 zone is particularly well-suited for commercial uses among other related development opportunities, making this site attractive for a diverse range of projects, subject to planning regulations and approvals. Key planning specifics include a coverage of 35% for the KG4a zone and 50% for the Eb5 zone, allowing for up to four floors with a maximum height of 17 metres in the commercial zone.
Overall, this large site in Paralimni represents an appealing opportunity for developers, investors, or businesses aiming for a prime development location with significant potential.
Where you’ll be
Paralimni, Famagusta, Cyprus
Location is approximate — exact address is confirmed by the agent.
Open in Google MapsBuying 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
