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Residential Field Ideal for Development in Paralimni

€220,000

Cyprus

  • 2,718 m²

    plot

  • Land

    property type

  • 1 week ago

    listed

The Habio take

AI summary

This substantial residential field in Paralimni spans 2,718 m² and is perfectly positioned for both residential and commercial developments. Located off a main business avenue, it offers excellent access to local amenities and the stunning beaches of the eastern coast of Cyprus.

  • investment
  • new build
  • beach
  • quiet
  • walkable

Highlights

  • Large plot size of 2,718 m²
  • Excellent access to local amenities
  • Easy transport links to coastal areas
  • Suitable for residential or commercial development
  • Ready title deeds available

Worth knowing

  • No existing structures or facilities on the plot
  • Buyer will need to assess local planning regulations

Good fit for: Ideal for investors or developers looking for prime land in a growing area.

Lifestyle scores

Beach
75
Walkable
65
Remote work
60
Family
50
Retirement
70
Airport access
60
Investment
80
Luxury
50
Value
70

About this place

The residential field in Paralimni, measuring 2,718 m², is situated in a prime location just off the main business and residential avenue of the town. This plot offers easy access from all directions, making it an attractive option for a variety of residential and commercial developments.

With a planning zone of ΚΓΥ4, the field has a density of 120% and a coverage ratio of 35%. It allows for four storeys with a maximum height of 7 metres, providing ample opportunity for construction. The plot is fully enclosed, ensuring privacy and security.

The field is within walking distance to local amenities and bus stops, facilitating convenient access to everyday needs. Additionally, it boasts easy access to coastal areas and beaches, as well as quick routes to the highway, making it an excellent investment opportunity with ready title deeds.

Where you’ll be

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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