Paralimni, Famagusta District, Cyprus
Prime Residential Plot in Paralimni with Development Potential
€385,000
- 1,828 m²
- Plot
- Land
- Type
- 3 days ago
- Listed
The Habio take
This 1,828 sq.m. residential plot in Paralimni presents an excellent development opportunity for investors. Located in the Famagusta District, it offers easy access to local amenities and beautiful beaches.
- investment
- coastal
- quiet
- city
Highlights
- Large plot size of 1,828 sq.m.
- Residential planning parameters allow for significant development
- Strategic location behind the District Court
- Proximity to local amenities and beaches
- Increase in regional interest and infrastructure development
Good fit for: Best suited for developers looking for a well-located residential project.
Lifestyle scores
- Beach
- 70
- Walkable
- 65
- Remote work
- 60
- Family
- 70
- Retirement
- 65
- Airport access
- 60
- Investment
- 75
- Luxury
- 50
- Value
- 70
About this place
This prime residential plot for sale in Paralimni measures 1,828 sq.m. and is ideally located just behind the District Court. It presents an attractive opportunity for developers and investors aiming to undertake a residential project in a well-connected area of the growing Famagusta District.
Designated within a predominantly residential zone, the plot has promising development potential, making it a compelling option for those looking to capitalise on the local real estate market. The planning parameters include a 100% building density and 50% building coverage, allowing for up to three floors to be constructed.
Conveniently situated, the property offers easy access to everyday amenities such as supermarkets, restaurants, cafés, schools, pharmacies, and medical centres. The region's stunning beaches are also just a short drive away, offering a desirable balance between urban living and coastal charm. Paralimni is an area of increasing interest due to its established infrastructure, proximity to Protaras and Ayia Napa, and ongoing developments like the Paralimni Marina area. This unique blend of characteristics makes this plot an appealing investment opportunity.
Getting around
- Excellent water quality
Nearest beach · Glyki Nero
~7 min drive · 3.8 km
Larnaca (LCA)
~52 min drive · 62 km
Ercan (ECN)
~53 min drive · 58 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 District, Cyprus
- Nearest airport
- Lefkoniko (Geçitkale) (GEC)
- 32 km
- Also close
- Larnaca (LCA)
- 39 km
- Nearest city
- Nicosia
- 58 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
