Famagusta, Paralimni, Cyprus

Luxury three bedroom villa within a new development located in Paralmni, Famagusta.

This villa offers panoramic sea views and easy access to all local amenities. The villa is located as follows:

-1 km from Paralimni Marina
-600 m from the beach
-42 km from the airport
-400 m from a supermarket
-400 m from restaurants

Each property is offered with a diverse choice of interior finishes and layouts to complement every individual taste and they offer a perfect balance of form and function.
This luxury property makes maximum use of natural light and shade to provide a fresh feeling and spacious living space.
The property also features a spacious garden area that makes the most of Cyprus?s South East Coast climate.
Each property offers a private swimming pool and roof garden.

The stunning properties with covered areas from 160m2 to 196 m2 on plot sizes between 286m2 to 421m2 are delivered key ready within 24 months of signing.

This property is an off-plan project and completion of the development is forecasted for May 2023.

Price+VAT
Famagusta, located on the Greek side of Cyprus, offers a compelling array of reasons to consider it as a prime destination for property investment. Here are some key factors that make buying in Famagusta a wise decision:


1. Stunning Beaches: Famagusta boasts some of the most breathtaking beaches in the Mediterranean. With crystal-clear turquoise waters, golden sand, and a pleasant climate, it's an ideal location for beach lovers and water enthusiasts.


2. Property Investment Potential: Famagusta's real estate market offers significant potential for growth and returns on investment. The area is experiencing ongoing development, attracting both local and international investors seeking to capitalize on the region's tourism and economic growth.


3. Tourism Growth: Famagusta is a popular tourist destination, attracting visitors from around the world. The city's stunning beaches and vibrant atmosphere make it an appealing choice for travellers, ensuring a steady demand for rental properties and holiday homes.


4. Strategic Location: Famagusta's location is advantageous, offering easy access to nearby amenities and attractions. The city is well-connected to Larnaca airport and is home to other popular destinations such as Ayia Napa and Protaras.


5. Quality of Life: Famagusta offers an excellent quality of life, with a relaxed and welcoming atmosphere. The city provides a range of amenities, including shopping streets, restaurants, and entertainment options, ensuring a comfortable and convenient lifestyle for residents.


6. Affordable Property Prices: Compared to some other Mediterranean destinations, Famagusta's property prices are relatively affordable. This affordability, combined with the potential for growth, presents an enticing opportunity for buyers looking to invest in a promising real estate market.


7. Investment Incentives: The Cypriot government offers various incentives for property buyers, such as citizenship programs and tax benefits. These incentives can further enhance the financial appeal of investing in Famagusta.


8. Stability and Security: Cyprus is known for its political stability and security, providing a safe environment for residents and investors alike. Famagusta, specifically, has a low crime rate, ensuring peace of mind for property owners.

In summary, Famagusta on the Greek side of Cyprus offers an attractive package for property investment. Its stunning beaches, rich history, growing tourism industry, strategic location, educational opportunities, affordable property prices, and quality of life make it a compelling choice for those seeking to make a sound investment in a vibrant and promising location.