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16.05.2023
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16 May 2023

Overview of Free Areas in Famagusta: Where Is Best Place to Buy Real Estate?

If you decide to buy a property in the free areas of Famagusta - be sure to get acquainted with all the major cities and resorts of this region. All of them are different and, accordingly, meet different demands. We will introduce you to the main locations and the most interesting projects in the newly constructed real estate.


Instead of an introduction - what is so interesting about the free areas of Famagusta?

The free areas of Famagusta are quite intriguing, because they combine several paradoxes. The most important opposites are a bustling resort and a quiet, peaceful atmosphere. How is this possible? Very simple - the change of seasons and the breakdown into noisy/quiet locations. You can live literally 10 km away from the clubbing Ayia Napa and still sleep well at night without worrying about crowds of merry young people.

Another feature is the small number of high-rise buildings. The free neighborhoods of Famagusta do not have such a dense building as some other locations in Cyprus. There are more villas and gated cottages, although apartments can also be found.

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Also worth noting is the "pearl" of the southeastern part of Cyprus - Cape Cavo Greco. This is a unique territory, which is a natural reserve. Here are very picturesque rocks and magnificent landscapes. They are in great demand among those who organize photo shoots - including wedding ones. Also on the cape, there are cozy clean beaches.

It is worth noting an important nuance: the infrastructure here is not as well developed as in the big cities of Cyprus. Therefore, if the "pulse" of a big city is important to you, it is better to choose Limassol or Nicosia.


Ayia Napa

Geographically it is a little "away" from the other settlements, but it is closer to Larnaca and other major cities of Cyprus. It is located on the southern coast and "stretched" villages for several kilometers along the sea.

The key feature of Ayia Napa is its belonging to the club resorts. In the season there is very lively nightlife, which does not stop for a day. Living and vacationing in Napa is really fun, although it is the prerogative of young people - family people and retirees prefer more quiet places.

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Interestingly, in the off-season here - very quiet, cozy, and calm. Walking around the center and the surrounding area turns into a real pleasure, the weather is "whispering". The cleanest beaches are becoming less crowded, and if you take into account that the water does not cool below +18 degrees, you can not close the bathing season. There are still a lot of attractions in the area, so that there will definitely be enough to do for the period of residence and rest.

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Based on the above, we can make a simple conclusion-observation: properties closer to the center of Ayia Napa are bought to rent in the season and rest/live in it in the off-season. This is the most profitable and the most logical option. As examples we suggest you to familiarize yourself with the following offers:

  1. One-bedroom apartment in a modern new gated complex with all amenities (swimming pool, parking, landscaped area). Ideal for both investment and permanent residence.
  2. Three-bedroom house with swimming pool and orchard. It is only 400 meters to the sea, in season it can be rented out daily, the approximate price is 250 euros per night.
  3. Three-bedroom modern villa in Ayia Thekla area. Elite real estate in a closed complex, the purchase of which the owner and his family will be able to obtain permanent residence permit in Cyprus on an accelerated program.

Separately, it is worth mentioning the complex resort Ayia Napa Marina: it forms around itself a new infrastructure, being a kind of center of life and recreation. These are two high-rise buildings and many villas, united by one common landscaped space with the entire resort infrastructure. The highlight - a large yacht harbor, as well as exclusive real estate and maximum convenience in all aspects.

Properties available for sale in Ayia Napa Marina

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Read more about the pros and cons of buying real estate in Ayia Napa here.


Protaras

Protaras is always compared to Ayia Napa and the contrast between the two resorts is always emphasized. Protaras, not unlike the partying and noisy Ayia Napa, is a recognized family place where those who love peace can relax and live. Here is a cozy atmosphere, beautiful cityscapes, and safe sandy beaches.

Protaras is often chosen as a place for permanent residence in Cyprus by those people who are tired of the hustle and bustle of the city and dusty megacities. Indeed, peace is felt on every street of Protaras. In addition, from here it is convenient to get to Cape Kavo Greco and major Cypriot cities - Limassol and Nicosia.

Here you can easily find both apartments and cottages. A fairly common option is to buy a room in an apart-complex. The owner only has to pay for room service, and the management company will take care of finding and settling in guests, as well as maintaining a proper order. As a prime example, there are one-bedroom apartments on the coast itself. They are fully furnished, and the complex itself has all the amenities: swimming pool, parking, recreation area, gym, spa center, and much more.

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Another option, ideal for a family is a 2-bedroom apartment a short distance from the coast, in a quiet and cozy neighborhood. The modern complex with a swimming pool will appeal to those who appreciate comfort in every day of life. The apartment is ideal as an investment object.

For those who love luxury and increased privacy, as well as for large families is ideal for a 5-bedroom villa on the coast. The luxurious interiors can be either a home for permanent living or a place for regular seaside vacations.

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In terms of investment and rental potential, Protaras is a good location, although it loses out to Paralimni and Ayia Napa. Real estate prices are not growing so fast here, so the main advantage of the town is quietness and stability. Most often people buy housing "for themselves", and in the second turn - for additional benefits.

There are other reasons to buy real estate in Protaras - you can get acquainted with them in our article.


Paralimni

Territorially a large town, which has several separate neighborhoods (two of them we will consider below). It is located farthest from the sea, but has a developed infrastructure for life, as it is a municipal center. The population of Paralimni (together with the surrounding villages) is about 15 thousand people.

The town has excellent roads, plenty of stores and all the necessary facilities for life and recreation. Paralimni is probably the most suitable for permanent residence due to its infrastructure.

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In addition, the town is actively developing both in terms of social life and in the real estate sector. There are many new buildings, mostly private houses, but there are also 2-3 storey apartment buildings. A special charm has closed complexes, which have a wonderful internal arrangement - swimming pools, parking lots, playgrounds, gym, spa center, etc.

A big event for Paralimni was the construction of a huge resort complex Paralimni Marina. It is a whole mini-city with its own yacht harbor, promenade, and infrastructure for luxury vacations. Luxury apartments and penthouses with stunning sea and marina views are available for sale. Interestingly, Paralimni Marina is already becoming the second center of the town - around it is improving infrastructure and new business opportunities. So those who are looking for their niche in business in Cyprus, definitely worth looking at Paralimni.

Properties available for sale in Paralimni Marina

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Properties in the center of the town are worth considering - as well as on the shores of the local lake. Being far from the sea, such properties have excellent views, and the presence of a private pool allows you to enjoy swimming without going to the beach. A prime example is a 4-bedroom villa with full finishing, garage garden, and swimming pool. This is a great option for a family permanent residence.

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In terms of investment, Paralimni is promising: especially if you consider the area near the complex Paralimni Marina. For rent, of course, apartments and houses closer to the sea are in great demand, for example, in Kapparis or Pernera. We will talk about them in a little more detail.


Pernera

Pernera is a part of Paralimni and its "representative" in terms of the promenade (which, by the way, goes all the way to Protaras). Previously it was an agrarian village, so you can still find an abundance of orchards, greenery, and, of course, silence.

Pernera is considered to be a great family resort and a vacation spot for those who prefer to spend their time in a measured way. There is no noise or cultural entertainment, but you can walk along the promenade and enjoy beach vacations.

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Pernera offers mainly villas and cottages for sale, although apartments are also available in the new development. This one-bedroom apartment, for example, is located a short distance from the sea and offers great comfort for a relaxing stay. Another option is a luxury 5-bedroom villa on the coast itself with stunning views. The large plot and spacious layouts will accommodate any family.


Kapparis

Kapparis is considered to be the jewel of the region. Kapparis is territorially part of Paralimni and is closest to the border with Northern Cyprus. The beaches here are very picturesque, so people who like to unite with nature and at the same time - a comfortable vacation rush here.

Kapparis is quiet and peaceful, there are no party places, but there are places for walking and measured pastime. Even in the season, you can not call Kapparis crowded, although it is definitely popular.

There are luxury villas on the coast with stunning sea views and direct access to the beach, as well as budget options. For example, you can find a 3-bedroom house with sea views for 350 thousand euros and participate in the program of simplified permanent residence permit in Cyprus.

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More information about all projects in the free areas of Famagusta is available from the specialists of the number 1 real estate agency in Cyprus DOM. Call us at e +357 23 010 149, or see us in person at Protaras Avenue 243, Paralimni 5290, Famagusta.


Read also:

  1. Villa or apartment in Paphos: what to choose to live in?
  2. How profitable is it to rent an office in Cyprus?
  3. School next to home: properties for sale near the most popular educational centers in Cyprus
  4. 10 reasons to invest in property in Protaras
  5. TOP 5 residential projects in Protaras
Source: DOM
Photos: dom.com.cy, Flickr

Interested in property on the island? Check out the number one real estate agency in Cyprus, DOM! The website features the largest database of real estate in the country – over 100,000 residential and commercial properties across the entire island. Choose and consult with professional brokers who will help you make the right choice!

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