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Famagusta, Paralimni, Cyprus

€210,000
Plus Wise Estates, Famagusta
PROPERTY TYPE

Bungalow

BEDROOMS

2

BATHROOMS

1

SIZE

1,313 sq ft

122 sq m

Description

Bank-owned property located in a central area of Paralimni, Famagusta District, approximately 240 m northwest of the C’ Primary School and 440 m southwest of Agios Georgios Church. The property is close to all essential amenities — schools, shops, and services — and offers excellent accessibility within the town.

Property Details

Plot size: 845 m²

Zone: Πα8γ (core area) — Building density 140%

Title deed: Yes, separate title deed available

Buildings: Two single-storey houses (north & south)

Vacant property — ideal for own use, redevelopment as 140% building density, or rental investment

Layout & Areas

Northern house: Built around 1990 and renovated circa 2006

Internal area: 122 m²

Covered verandas: 8 m²

Uncovered verandas: 4 m²

Layout: Entrance hall, open-plan living/dining/kitchen area, laundry room, guest WC, two bedrooms, and bathroom.

External spaces: Verandas and courtyard.

Southern house: Built around 1930 in traditional style, currently in poor maintenance condition.

Internal area: 92 m²

Location & Frontage

Frontage of approx. 16 metres on Agios Spyridonas Street (northern boundary).

Central yet quiet location — close to amenities, schools, and main routes.

Sale Information
This is a bank-owned property, offered through a transparent tender process.

Tender closing time: 10:00 AM every Tuesday, unless otherwise stated.

All legal documents are available for review by your lawyer prior to offer submission.

Why it stands out

Prime central location in Paralimni

Two separate houses on one titled plot — ideal for rental income or redevelopment

Vacant and ready for transfer

Interested?
Contact us to receive the legal documentation and tender submission guidance, or to arrange a viewing through the key holders.

Famagusta, Paralimni, Cyprus

NEAREST AIRPORTS

Distances are straight line measurements
  • Larnaka(International)
    23.3 miles
  • Ercan(Local)
    29.0 miles
  • Pafos(International)
    88.2 miles

Advice on buying Cypriot property

Learn everything you need to know to successfully find and buy a property in Cyprus.

About Plus Wise Estates, Famagusta

Plus Wise Estates is a premier real estate agency in Cyprus, specializing in high-quality property sales, rentals, and investment opportunities across the island. Our experienced team offers a full range of real estate services, including residential and commercial property listings in top locations such as Limassol, Nicosia, and Paphos. With a commitment to personalized service, Plus Wise Estates helps clients navigate the Cyprus property market, whether they’re looking to buy, sell, or invest in real estate. Trust our expertise to find the ideal property in Cyprus tailored to your needs.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Plus Wise Estates, Famagusta (reference 4271) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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