property image
7
GREAT OPPORTUNITY
Building Plot
3762

PRIME MIXED-USE DEVELOPMENT - CENTRAL SQUARE, PARALIMNI

€275,000
plus vat
Paralimni, Famagusta
Title deed
Yes
Road access
Public road
Plot
350 m²

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.

Features

City view
Connected to electric mains
Easy access to highway
Easy access to main roads
Heart of city center
Investment opportunity
Near amenities
Near bus route

Distances

Amenities
100 m
Sea
2 km
Schools
500 m
Resort
2 km
Public transport
100 m
Airport
45 km

Mortgage calculator

€928
€928

Get in touch

Get in touch

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