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Paralimni, Famagusta, Cyprus

Spacious 4408 m² Plot for Development in Paralimni

€370,000

4,408 m²
Plot
Land
Type
28 Aug 2026
Listed

The Habio take

AI summary

This substantial 4408 m² plot in Paralimni offers exceptional potential for development. Located in a growing area of Cyprus, it is ideally positioned for various building projects.

  • investment
  • new build

Highlights

  • Large plot size of 4408 m²
  • Suitable for residential or commercial development
  • Building height up to 7 metres over 2 floors
  • Desirable location in Paralimni
  • Potential for various development projects

Good fit for: Ideal for developers looking to create residential or commercial projects.

Lifestyle scores

Beach
60
Walkable
30
Remote work
30
Family
40
Retirement
50
Airport access
70
Investment
70
Luxury
40
Value
75

About this place

This large plot in Paralimni spans 4408 m² and is classified under the building zone Γα4, allowing for a maximum building height of 7 metres over two floors. The plot has a density of 10% and coverage of 10%, making it suitable for a range of residential or commercial developments.

Situated in a promising part of Paralimni, this land presents a fantastic opportunity for investors and developers looking to capitalise on the growing area.

Getting around

  • Nearest beach · Kappari

    ~7 min drive · 4.2 km

    Excellent water quality
  • Larnaca (LCA)

    ~49 min drive · 59 km

  • Ercan (ECN)

    ~55 min drive · 60 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)
32 km
Also close
Larnaca (LCA)
37 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.

CY

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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