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COMMERCIAL

Famagusta, Pernera, Cyprus

£142,874
€165,000
ARENA PROPERTIES, Famagusta
PROPERTY TYPE

Land

SIZE

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Key features

  • Registered Road
  • Share of Land
  • Tourist Land

Description

Prime Tourist Plot with Residential Investment Potential – Paralimni Area

An excellent opportunity to acquire a 409 sqm share of land in the highly sought-after Paralimni area, one of Cyprus’s most attractive destinations for both tourism and permanent living.

Ideally positioned, this plot falls within the Tourist Planning Zone T1στ2, offering strong development potential for holiday villas, serviced apartments, or a boutique tourism project. The planning characteristics also provide flexibility for residential investment, making it a versatile option for both rental income and long-term capital growth.

The property benefits from a building height of 13.5m, building density of 50%, and coverage of 25%, with permission for up to 3 floors. These parameters allow for well-balanced development while maintaining open space and maximizing usability.

Located close to some of the region’s most renowned beaches and within easy reach of amenities, shops, and restaurants, the area combines strong tourist appeal with a relaxed residential environment.

Whether you are looking to develop a holiday property or secure a residential investment in a growing coastal destination, this plot presents an excellent opportunity with significant potential.

Famagusta, Pernera, Cyprus

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Larnaka(International)
    25.6 miles
  • Ercan(Local)
    31.9 miles
  • Pafos(International)
    90.9 miles

Advice on buying Cypriot property

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

About ARENA PROPERTIES, Famagusta

Protaras 1, Office 3, Paralimni, 5288

Is a Registered Real Estate Agency in Cyprus covering all the possible property fields associated with Property Estate and Development. We have been Established since 2009 and we operate offices in Famagusta and Larnaca region, whilst we are active in all the other three cities, Limassol, Paphos and Nicosia. Our scope of business includes, Selling Real Estate Property, Permanent Residency and Passport Investment Schemes, Construction and Redesign, Property Management , Maintenance and Long Term Rentals.

We offer an extensive selection of Properties for Sale, including Residential, Buy to Let Holiday homes, Commercial properties and Land ideal for Industrial, Commercial and Residential Development. Feasibility studies can be undertaken for investments, such as property and hotel developments. Furthermore, we are able to undertake the Construction and Management of such projects by our Subsidiary company.

We operate an In-House Long Term Rental Department, which undertakes to fully Manage Properties and maintain a maximum Rental Occupancy.

For those looking to sell their properties, we undertake to Promote and Sell their properties Fast and guide them through the whole selling process.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by ARENA PROPERTIES, Famagusta (reference 11036) 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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