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Outstanding 5 bedroom luxurious villa located in an exclusive and quiet area of Paralimni with panoramic unobstructed sea and mountain views.
Paralimni is the largest Community of the rich plain which is found in the southeast fringe of Cyprus. It is about 4 miles from the sea to the south and about 3 miles from the eastern sea.
The coastal area on the east of Paralimni is known as "Protaras" (Fig Tree Bay). This area has seen tremendous economic and touristic development in recent years.
Paralimni is today rich and small and a progressive town which combines the advantages of a traditional village with the conveniences of a contemporary town. Modern shops, centers and offices stand beside traditional coffee shops and old stores. The central square, complete with its coffee shops has the absolute characteristics of the old large village. In the streets one may encounter old men and women in local costumes. Young men and women dressed in the latest fashions and tourists mingling with them in casual dress. There's an air of condentment and social harmony. However, it was not always like this. Fifty years ago Paralimni was typical rural community, whose economy was based on its low agricultural production.
The independence of Cyprus in 1960 found Paralimni entering a period of economic development and prosperity. The poor, rural community became a developed, advanced and prosperous township, which lacked none of the conveniences of a town.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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