Prime Location: At the heart of the city
Development Highlights
• Plot Size: 350 m² (within 723 m² divided plot)
• Building Coefficient: 120% (up to 420 m²)
• Coverage: 70% (max 245 m² on ground)
• Floors: 3 + piloti (ground level parking)
ROI Potential: Up to 12%
• Target market: holiday rentals, young professionals
• Flexible use: residential, short-term stays, offices, health professional units
• Low maintenance, high demand
Located directly on Paralimni’s central square, this opportunity offers unmatched accessibility and urban living:
• Next to the historic church & local landmarks
• Adjacent to Paralimni’s main bus terminal:
o Local buses to beaches, villages, hospital
o Intercity express to Larnaca, Limassol, Nicosia, Paphos
• Surrounded by cafes, shops, banks, and services
• No car needed – full walkable lifestyle
€17M Urban Renewal. Complete reimagination of the city core including commercial pedestrian zones, green plazas, water features, and modern lighting.