Paralimni is located on the island’s east coast and has rapidly increased in size over the past few decades becoming a major tourist destination, notable for its old town. The town is a hub of history and culture especially known for the famous Traditional Cypriot House, a preserved relic of the traditional Cypriot way of life. Paralimni is one of the main holiday spots along the east coast of Cyprus and much of the property for sale in Paralimni is aimed at foreign buyers in search of a piece of real estate to call home during the holidays. With its many historical sites and many world class restaurants, Paralimni is an excellent place to buy property in Cyprus for anyone looking to own holiday property on the island.
Paralimni offers some of the cheapest properties with much of the town’s cheapest real estate being priced at under a hundred thousand. The most expensive luxury real estate for sale in Paralimni is priced at over 6 million but it is an exception as most of the luxury property in the town is priced at just over 1 million. Paralimni is an excellent place for holiday makers to buy property to visit during the summer thanks to the low cost of real estate in the area. With the sea or some sort of historical attraction only a short walk away, Paralimni property is some of the best and most affordable for vacationers in Cyprus and decades of rapid growth and development which continues to this day mean that the town will continue to see more and more affordable properties spring up all over the place.