€355,000
2 Bedroom Ground Apartment , Paralimni, Famagusta
Condition
Brand New
Energy
NA
Year built
2026
Floor
Ground floor
Features
- Parking
- Pool
- Garden
Property description
Location • Perfectly positioned in the vibrant, year-round Kapparis area, offering immediate access to a fantastic selection of local restaurants, shops, and daily amenities. • The property's elevated hillside setting affords spectacular and completely unobstructed sea views that stretch across the beautiful Famagusta coastline. • Situated just a short drive from the bustling town centre of Paralimni and the world-famous beaches and attractions of the Protaras tourist resort. • This sought-after coastal neighbourhood provides an exceptional lifestyle of leisure and convenience, with some of the region's best sandy beaches just moments away. • Residents benefit from excellent connectivity to the main road network, ensuring straightforward travel to nearby towns and Larnaca International Airport. External Features • An exceptionally expansive 106 square metre uncovered veranda presents a superb private outdoor space, ideal for alfresco dining, sunbathing, and entertaining guests. • The residence is part of a modern, secure gated community, which fosters a private and exclusive resort-style atmosphere for all its residents to enjoy. • Residents have exclusive use of a large communal swimming pool, providing the perfect setting for relaxation and enjoying the sunny Cypriot climate. • A generous 17 square metre covered veranda extends from the living area, offering a comfortable and shaded space for outdoor lounging throughout the day. • This ground-floor apartment also includes the advantage of a charming private garden area, adding a touch of greenery and enhancing its tranquil appeal. • Ownership includes a designated covered parking space, ensuring secure and convenient vehicle storage protected from the elements year-round. Internal Characteristics • The apartment encompasses a thoughtfully designed 82 square metre internal area, featuring a bright and spacious open-plan kitchen, dining, and living space. • Accommodation includes two generously sized double bedrooms, providing ample comfort and personal space for family members or visiting guests. • The serene master bedroom is complemented by its own private ensuite bathroom, creating a secluded and comfortable retreat for the homeowners. • Large double-glazed windows and patio doors are fitted throughout the residence, maximizing natural light and providing excellent thermal and sound insulation. • A modern, fully-fitted family bathroom serves the second bedroom and guests, finished with high-quality fixtures that reflect the property's contemporary style. • The entire property is equipped with air conditioning units, delivering efficient cooling and heating to ensure a comfortable indoor environment in every season. Advantages - Special Features • Representing an outstanding investment opportunity, this new-build home is poised for strong rental yields and significant capital appreciation in a prime coastal location. • The installation of solar panels for water heating provides a substantial environmental benefit while significantly reducing monthly household utility expenses. • This property's unique combination of a vast private terrace, resort-style amenities, and panoramic sea views delivers an unparalleled lifestyle experience. • The security and privacy offered by the gated community make it an ideal choice for a permanent family home or a secure lock-up-and-leave holiday property. • Its ground-floor position with extensive outdoor space makes it particularly suitable for those who enjoy gardening and seamless indoor-outdoor living.
Location
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Mortgage calculator
Estimate monthly payments, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
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Mortgage calculator for this property
Estimate the loan, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
Recommended max LTV: 80%. Cyprus banks commonly finance up to 80% of the property value for an owner-occupied primary residence.
Resale property selected. VAT is estimated at €0 and transfer fees may apply because VAT is generally not payable on resale properties.
First-time buyer status is informational only here; it does not change the payment, transfer fees, stamp duty, or mortgage registration estimate.
Reduced 5% VAT depends on a main-residence declaration, property size/value limits, and Tax Department eligibility.
Use only if the planning-permit and declaration deadlines apply.
- Transfer fees are estimated at 3%, 5%, 8% bands, then 50% reduced when VAT is not paid.
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- No transfer fee is estimated when VAT applies to the transaction under current Land Registry practice.
- Mortgage registration is estimated at 1% of the mortgage amount.
- Stamp duty is shown as €0 because stamp duty was abolished for agreements from 1 January 2026.
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Estimates are indicative only and do not constitute financial advice or a lending offer. Actual lending decisions, fees, VAT treatment, and affordability assessments depend on the individual bank, the Tax Department, the Department of Lands and Surveys, and the buyer's personal circumstances.