Famagusta

Paralimni | Famagusta

Where Terraces

Meet Brilliance

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Konstantinos Papadopoulos

Presented At

€2,400,000

Famagusta, Paralimni, Famagusta, Cyprus. - Photo 1

Famagusta, Paralimni, Famagusta, Cyprus. - Photo 2

Famagusta

Paralimni | Famagusta

Famagusta, Paralimni, Famagusta, Cyprus. , Paralimni , Famagusta

Prime Building Plot in Central Tourist Hub

Discover an exceptional 5,900m² building plot located in one of the most sought-after tourist destinations on the east coast of Cyprus. Positioned in a vibrant and rapidly developing area, this plot offers a rare opportunity to create a bespoke residence or a premium hospitality project in a truly privileged setting. The land benefits from strong road access, an impressive layout, and a perfectly level terrain, ensuring maximum design flexibility and ease of construction. A standout feature of this property is its direct connection to a large protected green area, offering privacy, open views, and long-term value—an advantage seldom found in central locations. Surrounded by upscale hotels, stylish beach venues, fine-dining restaurants, and contemporary villa developments, the location provides an ideal balance between exclusivity and convenience. All essential services and lifestyle amenities are moments away, making this plot a strategic investment with exceptional development potential. As a registered building plot, it allows immediate planning and architectural submission—no delays, and no uncertainties often associated with development fields. This ensures a seamless transition from vision to construction for your next home or project. A rare opportunity to secure a significant landholding in one of Cyprus’s most dynamic coastal regions. All distances and measurements are approximate.

Property Location

Famagusta, Paralimni, Famagusta, Cyprus., Paralimni Famagusta

Local Weather & Climate

Paralimni, Famagusta

Current Conditions Updated recently

61 °F

Overcast clouds

Feels Like 60°F

Humidity 78%

Wind 3 mph

Visibility 6.2 mi

Sunrise 4:38 AM

Sunset 3:17 PM

5-Day Forecast

Sat 7 Feb

Clouds

High 61°

Low 61°

Sun 8 Feb

Clouds

High 64°

Low 58°

Mon 9 Feb

Clouds

High 63°

Low 59°

Tue 10 Feb

Clouds

High 62°

Low 59°

Wed 11 Feb

Clouds

High 62°

Low 60°

Annual Climate Based on last 12 months

63° Avg Low

Jan

77° Avg High

Aug

115 Rainy Days

per year

Arid

Semi-Arid

Moderate

Wet

20.4" Annual Rainfall

Arid climate

Monthly Temperatures

Jan

61°

52°

Feb

65°

53°

Mar

64°

53°

Apr

71°

57°

May

77°

61°

Jun

87°

70°

Jul

91°

76°

Aug

93°

75°

Sep

88°

72°

Oct

81°

65°

Nov

76°

64°

Dec

65°

55°

Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Paralimni?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

€

Down Payment

€100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Eurozone. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Eurozone tax year 2025 (fiscal year: January-December). Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$2,400,000

Famagusta, Paralimni, Famagusta, Cyprus.

Paralimni, Famagusta

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Market Opinion

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Our perspective on current market conditions in Paralimni. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $240,000,000 20% down ($48,000,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$20,623/day

Your home may appreciate while you sleep

$144,759/week $627,287/mo $7,527,448/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$132.1M

+$187.3M

$187.3M Potential Equity

vs $132.1M lost to rent over 10 years

$48.0M Down Payment Growth

3.9x

10yr

$187.3M

8.1x

20yr

$387.9M

12.6x

30yr

$606.1M

Wealth Comparison

×1,443

Equivalent to 1,443 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $606.1M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $282.6M +18%

Market $326.8M +36%

Optimistic $377.2M +57%

$187.3M est. equity

20 Years

Conservative $332.9M +39%

Market $445.1M +85%

Optimistic $592.7M +147%

$387.9M est. equity

30 Years

Conservative $392.0M +63%

Market $606.1M +153%

Optimistic $931.4M +288%

$606.1M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

What is the listing price for Famagusta, Paralimni, Famagusta, Cyprus?

This property is listed at $240,000,000.

Is now a good time to buy a home in Paralimni?

Based on current market indicators, Paralimni shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What is the climate like in Paralimni?

Paralimni features a pleasant climate. Average temperatures range from 63°F in winter to 77°F in summer. The area receives approximately 20.4 inches of precipitation annually. There are about 115 days with rain throughout the year. This climate information can help you plan for seasonal activities and energy costs.

What are the best months to visit or move to Paralimni?

Paralimni tends to be warmest in Aug and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is Famagusta, Paralimni, Famagusta, Cyprus?

This is a land parcel located in Paralimni, Famagusta. The property is situated in an established neighborhood with convenient access to local amenities and services.