777
Famagusta, Cyprus · from €249,500 + VAT· delivery Q1 2028
Kestrel Private · Cyprus office· 109A Miltonos, Limassol· +357 95 110 463
777 Residences is a contemporary residential development in Paralimni, within easy driving distance of shops, services and other amenities — suitable for both permanent living and investment.
Rated Energy Efficiency A, the building has four floors, each with two two-bedroom apartments, for a low-density layout. Apartments range from 78 to 82 sq.m, with layouts designed for natural light and efficient use of space.
Each residence has a covered balcony of about 22 sq.m, and some include an additional uncovered balcony of about 1.5 sq.m. Every apartment comes with a private parking space wired for an electric-vehicle charger, and a dedicated storage room.
Inside 777
Location & area
Paralimni, Famagusta District, Cyprus · pin marks the immediate area — the exact plot is shared on enquiry
Paralimni is the inland administrative and commercial hub of Cyprus's eastern Famagusta coast — a year-round Cypriot town with banks, supermarkets, municipal offices and a weekly market, distinct from the beachfront resort strip of Protaras/Fig Tree Bay roughly 8km to its east. It sits within the Paralimni-Deryneia Municipality and is reached from Larnaca International Airport via the A3 motorway. Several developers cite the planned Paralimni Marina, a short drive southeast, as a coming amenity for the area.
Distances and drive times verified by the Kestrel desk against routing data and the developer's own particulars; confirmed on the ground during site visits.
Availability
| Residence | Beds | Internal area | Price |
|---|---|---|---|
| Apartment | 2 | 78 m² | On request |
| Apartment | 2 | 82 m² | On request |
| Apartment | 2 | 78 m² | On request |
| Apartment | 2 | 82 m² | On request |
| Apartment | 2 | 78 m² | On request |
| Apartment | 2 | 82 m² | On request |
| Apartment | 2 | 78 m² | On request |
| Apartment | 2 | 82 m² | On request |
The current unit-level schedule is being confirmed with the developer — request it and the desk sends it as soon as it is verified. Prices exclude VAT; areas are approximate.
More than a home — a route to residence for your family.
New-build residential purchases of €300,000 or more (excluding VAT) qualify the buyer — and their family — for Cyprus permanent residence under the fast-track investment route; up to two new-build units may be combined to reach the threshold. Residence is held for as long as the property is retained, and Kestrel Private coordinates the application end to end alongside admitted local counsel.
How the Cyprus residence route worksFrom reservation to your keys.
One desk carries the whole journey — the purchase, the legal work through admitted counsel, and the residence application — so you deal with one team, not five.
- 01
Reserve
A reservation fee takes your residence off the market while contracts are prepared. It is credited in full against the purchase price.
- 02
Contracts & counsel
Independent, admitted Cypriot counsel runs due diligence — title, permits, encumbrances — and settles the contract of sale before you commit further.
- 03
Build & payments
An off-plan development of eight apartments in Paralimni. Payments follow the contract's staged schedule, and the desk tracks progress against it toward delivery in Q1 2028.
- 04
Keys & title
Delivery, snagging and handover — then registration of the property in your name with the land registry.
- 05
Residence
In parallel, the desk coordinates the Cyprus permanent residence application for your family end to end, alongside admitted local counsel.
Arrange a viewing of 777.
In person in Famagusta, or by private video walkthrough from wherever you are. The desk confirms personally — usually within one business day.
Prefer to talk first? Cyprus office +357 95 110 463 · service@kestrelprivate.com
