Buying properties in Paralimni Area (Famagusta – Cyprus) from Karayiannas Property Developers.
The Paralimni properties market in Famagusta, Cyprus:
Investing in property in Paralimni offers greater flexibility and longer term security than other properties in Famagusta area. The Paralimni properties market has seen a steady growth in the last years, although not as abrupt as the growth in the resort areas like other areas in Cyprus.

Karayiannas Property Developers specialises in new development properties in the area of Famagusta, Cyprus, and mainly in Paralimni.

Last year data confirms the trends so far - the properties in Paralimni area see the most brisk demand! This makes Paralimni one of the best places for investment in Cyprus property.

The attraction of foreign investments is to a large extent also favoured by the fact that the municipality itself invests in the development of the infrastructure, whilst also relying on the fact that big foreign investors will invest means and efforts in its completion and modernization. In fact, a number of Paralimni projects are currently underway.

Properties for sale in Paralimni (Famagusta – Cyprus) by Karayiannas Property Developers
Despite the significant increase of real estate prices in the whole of Cyprus, the prices of properties in Paralimni are still much lower than in the other major cities of Cyprus.

Overseas interest in Paralimni Properties is concentrated primarily in investing in Paralimni property investments. Demand for residential property is rising significantly due to the economic growth and improved local mortgage lending by the banks. Increased foreign direct and indirect property investment is also linked to Cyprus' EU membership.