Two-Bed Penthouse Apartment with Sea Views in Paralimni
€335,000
€4,467/m²
- 2
- Bedrooms
- 2
- Bathrooms
- 75 m²
- Interior
- Apartment
- Type
- 6 Aug 2026
- Listed
The Habio take
This two-bedroom penthouse apartment boasts stunning sea views and a contemporary design, located in Paralimni, the largest town on Cyprus's east coast. With proximity to shops, restaurants, and beautiful beaches, it offers an ideal blend of urban living and Mediterranean tranquility.
- beach
- coastal
- investment
- new build
Highlights
- Penthouse with roof terrace and sea views
- Modern design with high-end finishes
- Proximity to beaches and local amenities
- Eligible for Cyprus Permanent Residency
- Short drive to Ayia Napa and major attractions
Worth knowing
- Completion expected in July 2027
- Unfurnished, requires personalisation
Good fit for: Ideal for those seeking a modern home or investment opportunity in Cyprus.
Lifestyle scores
- Beach
- 80
- Walkable
- 70
- Remote work
- 60
- Family
- 50
- Retirement
- 70
- Airport access
- 65
- Investment
- 75
- Luxury
- 80
- Value
- 65
About this place
This new build penthouse apartment features two spacious bedrooms, including a master suite with ensuite facilities and fitted wardrobes. The open-plan living, dining, and kitchen area is designed to maximise space and natural light, leading to expansive balconies perfect for enjoying your views of the Mediterranean.
The apartment offers a total internal area of 75 m², complemented by a covered veranda ranging from 15-22 m² and a roof terrace measuring 18-32 m². Further enhancements include provisions for air conditioning and central heating, parking, and additional storage. Located in the heart of Paralimni, you'll be just minutes away from local amenities and stunning beaches, with the vibrant Ayia Napa Square only a short drive away.
The property is eligible for Cyprus Permanent Residency through the Fast Track process, making it a promising investment opportunity for both permanent and holiday living. The completion of the apartment is expected in July 2027, with title deeds to follow as part of the new build process.
What this place offers
- roof terrace
- parking
- storage
- air conditioning
- central heating
- sea view
Getting around
- Excellent water quality
Nearest beach · Kappari
~7 min drive · 4.2 km
Larnaca (LCA)
~49 min drive · 59 km
Ercan (ECN)
~55 min drive · 60 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.
Where you’ll be
Paralimni, Famagusta, Cyprus
- Nearest airport
- Lefkoniko (Geçitkale) (GEC)
- 32 km
- Also close
- Larnaca (LCA)
- 37 km
- Nearest city
- Nicosia
- 58 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
Buying property in Cyprus
The process of buying property in Cyprus requires careful planning and involves several legal steps. Foreign buyers should budget for associated costs such as stamp duty, legal fees, and transfer fees, which can vary based on the property's value and other conditions.
Foreign buyers must confirm details with a qualified local lawyer as there are differences based on citizenship, and laws can change.
Recent adjustments include the introduction of a 0.4% seller's fee for the Central Agency for Equal Distribution of Burdens.
Sources consulted (2026-07-27): - Purchasing Property - Ministry of Interior - Gov.cy: https://www.gov.cy/moi/en/purchasing-property/?utm_source=habio - Εργαλείο υπολογισμού Φ.Π.Α. 5% για αγορά/ανέγερση κατοικίας - Tax For All - Gov.cy: https://www.gov.cy/mof-tfa/documents/ergaleio-ypologismoy-f-p-a-gia-agora-anegersi-katoikias/?utm_source=habio
Always check the latest legal requirements and fees.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
