Paralimni, Famagusta €580,000

5950 m² Plot of Land For Sale in Paralimni with Land Deeds

This large untouched plot of land is situated in a quiet residential area on the outskirts of the popular town of Paralimni. The plot has water and electricity accessible and comes with 60% build density and 35% coverage. An off plan option allows for the owners to build nice size family homes, with a private swimming areas, to their own specifications and requirements. The cost for an energy efficient property is approximately €1400 per m². Example; one family home of 120m² would cost €168,000.

- Plot size 5950 m²

- Planning zone Ka8 - residential

- Build density 60%

- Coverage 35%

- Height allowance 8.3m

- Water and electricity nearby

- Build costs approx €1400 per m²

- 5 minutes to the local shops and amenities

- 5 minutes to the nearest beach

- 50 minutes to Laranaca International Airport

- Subject to VAT

Paralimni

Paralimni is the largest town on the island’s east coast and has a lovely mix of both modern & old architecture. The word Paralimni means ‘by the lake’. Historically, the town was built on the shores of a shallow lake which is often dry during the summer months and fills with water and flocks of migrating flamingos during the winter. At its heart lies a shopping centre and small entertainment scene, including cafes, bars, restaurants, supermarkets & banks and is suitable for both permanent & holiday living. You are also only a 10 minute drive to a variety of beaches.