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5,040 SQM Tourist Land
Pernera, Famagusta

€470,000  ($537,536)

Arena Properties

Arena Properties

Reg. No: 1015 / Licensed. No: 481/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $18,814

Average Bank Rate (€470,000)
1 USD = 0.8448 EUR
$556,350

Mid-market rate (€470,000)
1 USD = 0.8744 EUR
$537,536

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Planning Zone

Tourist (Τ2Β4)

Description: Tourist Area (Τουριστικη Ζωνη)

Coverage: 0.25

Density: 0.35

Height: 10 meters

Allowed stories: 2

Development description: Local Plan Of Paralimni, Ayia Napa, And Deryneia (Τοπικο Σχεδιο Παραλιμνιου. Αγιας Ναπας Και Δερυνειας)


Nearby planning zones

Residential: 2.41 Km

Commercial: 1.35 Km

Industrial: 3.4 Km

Agricultural: 1.67 Km

Farm: 8.5 Km

Key features

  • Listing ID: 8966551 (12064)
  • Plot: 5040 sqm

Description

Tourist Land for Sale – Paralimni, Famagusta

A fantastic investment opportunity to acquire a 5,040 m² tourist field in one of the fastest-growing areas of Paralimni, ideally suited for tourism-related or residential development.

The property benefits from registered road access, providing excellent accessibility and making future development straightforward.

Property Details


Plot Size: 5,040 m²
Planning Zone: Τ2β4 (Tourist Zone)
Registered Road Access
Freehold Title


Planning Zone T2β4

The land falls within the Tourist Zone T2β4, offering the following development parameters:


Building Density: 35%
Coverage Ratio: 25%
Maximum Floors: 2
Maximum Building Height: 10 metres


The zone allows for tourist-related developments such as holiday villas, tourist accommodation, and other permitted uses under the applicable planning regulations. Residential houses are also permitted under the zone, subject to planning authority approval and current regulations.

Investment Opportunity

With its generous size, registered road frontage, and attractive planning zone, this property presents an excellent opportunity for developers and investors seeking to capitalize on the continued growth of the Paralimni–Protaras region.

Whether your vision is a boutique tourist project, a holiday villa development, or a long-term land investment, this is a prime opportunity in one of Cyprus&;s most established tourist destinations.

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€15,400 ($17,613)
If buying on joint names
€12,000 ($13,724)

Disclaimer - Property reference 8966551. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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