Buying property in the free areas of Famagusta is a great option for those who want to make a secure investment in Cyprus. The region is gradually developing, opening more and more opportunities for owners of villas and apartments. Demand for housing is growing and with it the prices of properties. Therefore, today it is profitable to buy real estate to later rent it or sell it.
We offer you TOP-6 excellent options for investment. Each of the projects is a new construction, so when you buy you will be able to get a permanent residence permit in Cyprus under the accelerated program.
Ayia Napa Marina, Ayia Napa
Ayia Napa Marina is one of the most impressive developments in Cyprus. It includes a yacht harbor for 600 places, luxury apartments, and villas, and a promenade with boutiques, restaurants, and other commercial establishments. In short, the investor has room to turn around.
The guarantee of reliability of investment is the fact that the government of Cyprus is a partner of the project. This means that all stages of construction are closely monitored, and its completion will not be delayed indefinitely.
Ayia Napa Marina is the primary resort in Famagusta. Therefore, the prices of real estate here are very high. For example, luxury apartments with two bedrooms and stunning views of the sea and the harbor can be bought for 1.4 million euros at the construction stage. Villas start from €3.35 million. It is expected that by the full completion of the project real estate here will rise significantly in price. No one calls the exact figures, but you can count on 30%.
Note that the housing is presented in a variety of options - these are:
- apartments with panoramic sea views and open large terraces;
- penthouses at the top of the two towers, i.e. on the 25th floor;
- villas on the beach and an artificial peninsula;
- villas on the island, and each villa has its marina.
Owners of real estate in Ayia Napa Marina will receive membership in the yacht club and access to the entire infrastructure of the resort. This is a beautiful promenade with fountains, lighting at night, boutiques and restaurants, spa and fitness centers, recreation areas at a height of several meters with stunning views of the sea - and much, much more.
Also, the complex will provide apartment services. This is especially important for those who want to rent out the property. In this case, the search for guests, their accommodation, and maintenance of the property will be fully engaged in the management company.
Properties available for sale in Ayia Napa Marina project
Paralimni Marina, Paralimni
Just a few kilometers from the Ayia Napa Marina another resort complex will be located - the Paralimni Marina. The project includes a yacht harbor with 300 berths, a promenade, and a large, comfortable area for entertainment and recreation.
The property is being presented by an international company that has realized more than 200 waterfront projects in various countries around the world. It has been operating since 2002. During this time it has gained not only fame but also the reputation of a reliable partner. The company pays attention to details and attracts renowned designers: for example, inside the Paralimni Marina real estate is decorated by Armani / Casa design house.
The complex offers a choice of several options for luxury real estate:
- 2 or 3-bedroom apartments with stunning sea and harbor views;
- one and two-level penthouses with large terraces and unique layouts;
- 3 detached villas with private gardens and a private pool.
Property owners at Paralimni Marina have access to yacht club membership, hanging gardens with seating areas, a chic communal swimming pool, and all the resort's infrastructure from restaurants and bars to boutiques and beaches.
Every window offers unobstructed views of the sea and the surrounding area, including the famous blue-domed church. Paralimni itself is a developed but small town, pleasant to both holidays and life. Everything you need will be within walking distance.
Properties available for sale in the Paramini Marina project
Mythical Sands, Protaras
Mythical Sands is located in one of the best Protaras locations - Kapparis, near the beach of the same name. The complex with low-rise buildings occupies a fairly large area and has all the amenities for permanent residence or vacation. Mythical Sands includes not only apartments for 1, 2, and 3 bedrooms but also townhouses, which are suitable for those who appreciate increased privacy.
The peculiarity of the complex is that it is oriented to the family audience with children and retirees. The whole infrastructure disposes to a measured life: several swimming pools, walking and recreation areas (including barbecue), a gym, tennis, and soccer field, as well as stores, cafes, and bars. The area is gated and under 24-hour security.
The location of Mythical Sands is as convenient as possible. The complex is a little away from the center of Protaras, which provides peace. At the same time, everything you need (including a clean beach) is located in the immediate vicinity. Interestingly, the prices for apartments start from 198 thousand euros - this is a very attractive offer for Cyprus, especially for the first sealine.
The project belongs to the company, which is one of the major Cypriot developers since 1985. During this time, it has managed to successfully implement more than 4 thousand projects and form a service that helps buyers not only at the stage of purchase and sale, but also after the purchase of real estate. To be more precise, Mythical Sands will provide apartment hotel services.
Properties available for sale in Mythical Sands project
Periyali Residence Resort, Konnos
Periyali Residence Resort is nestled next to one of the most picturesque places in Cyprus - Konnos Bay. It is a luxurious beachfront complex consisting of 41 spacious villas and a small clubhouse with apartments. All you can see is Cape Greco and the turquoise sea.
The whole complex is thought out to the smallest detail. For example, in order not to disturb the silence and purity of the air, the entrance to the car will be carried out strictly underground. And already from his garage, the owner will be able to go up to his villa, arranged, by the way, by the last word. Large spaces, roof gardens, and unobstructed sea views are not the only advantages of this real estate. It is equipped with a smart home system, split-system air conditioning VRV, and a heated swimming pool. Thanks to this, the villa will be comfortable at any time of the year.
Investors may be interested not only in villas: the clubhouse will be a mini-hotel with all the necessary services. Comfortable rooms are good because they can be easily rented out at any time of the year.
The Periyali Residence Resort project is implemented by a developer who has been specializing in luxury real estate for 40 years. During this time, the company has developed more than one premium paradise in Cyprus, introducing new technologies and standards of luxury living.
Malama Seaview, Pernera
Malama Seaview is a luxury development of 10 spacious villas located on the beachfront, providing magnificent views from each cottage. Each villa has 3 or 4 bedrooms, spacious layouts, a rooftop terrace, and private grounds with a 35m2 swimming pool. All properties are fully finished and furnished, allowing you to move in or rent out the house immediately.
The top location (Kapparis area in Pernera) makes Malama Seaview ideal for both quiet and relaxed living, as well as for a relaxing vacation. Residents and guests will appreciate the privacy of the complex and the peaceful atmosphere all around.
The developer offers regular photo reports and detailed consultations to all buyers who made a deal at the construction stage. It is expected that the project will be delivered in the current year 2023, and the prices for ready real estate will increase significantly. Therefore, it makes sense to hurry up and take a closer look at the property in Malama Seaview: now prices for a villa start from 620 thousand euros.
Properties available for sale in the Malama Seaview project
Eden Residences, Protaras
A chic 6-storey complex of 17 luxury apartments with stunning views. Views are available due to the building's elevated location and floor-to-floor panoramic glazing. The top location (center of Protaras) completes the picture literally and figuratively.
Eden Residences offers 2- and 3-bedroom apartments at an attractive price. At the same time, the buyer gets a luxury property with appropriate service. These include a large communal swimming pool on a closed territory, underground parking, a gym, a children's playground, as well as a restaurant on the first floor of the building.
The two penthouses have impressive features: in addition to impeccable views from the windows, the owners will have a private roof garden with their private swimming pool. Of course, the building has elevators, so there is no need to talk about the complexity of access to the top floor.
All apartments have large and beautiful terraces and ready furnishings.
Properties available for sale in the Eden Residences project
Interested in housing in free areas of Famagusta? Contact the specialists of DOM, the number one real estate agency in Cyprus, at +357 23 010149 or visit the office at 243 Protaras Avenue, Paralimni 5290, Famagusta, Cyprus.
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