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Right in the centre Paralimni, in the Ayia Napa district, a modern development is under construction, as part of which we are offering A 3-room flat with a floor area of 82 m². This is an option for those who appreciate the intimate atmosphere of the village whilst being close to a full range of tourist facilities.
The development is situated in the centre of Paralimni, just 5 km from the beach. Residents will find all the essential amenities within easy reach: shops, restaurants, pharmacies, cafés, gyms, a spa area and 5-star hotels.
The flat consists of:
The developer also offers other floor areas and layouts within the same development, allowing you to tailor the property to your individual needs.
The flat has been valued at €285,000 net, the price includes a storage room and a parking space (€3,475.61 per square metre). This attractive rate is due to the fact that it is a first-hand offer – the property comes directly from from the developer, rather than from the secondary market, which eliminates the additional mark-ups charged by intermediaries.
Property in the Ayia Napa region is proving very popular with investors seeking stable capital growth. The average gross rate of return for flats and apartments is estimated at 4.5–6%, whilst for short-term rentals this ceiling can be as high as 10%. Added to this is the potential increase in the value of the property itself in the coming years.
The area around Paralimni is a paradise for nature lovers and those who enjoy active holidays. The cliff-side national park is well worth a visit Cape Greco with walking trails, a nearby lake Paralimni known as a place for observing flamingos, as well as The Thalassa Museum showcasing the island’s maritime history. It is a place that lends itself both to relaxation and to celebrating the Mediterranean way of life.
The Ayia Napa region is one of the best-known holiday resorts in Cyprus, offering a well-developed tourist infrastructure and sandy beaches. It is the ideal location both for letting and for comfortable everyday living.
Are you looking for other flats of a similar standard? Take a look at our the full range of apartments in Cyprus.
Are you interested in more options in this region? Take a look at property listings in Ayia Napa.
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