Oceanview Nine
Famagusta, Cyprus · from €156,000 + VAT· 9 of 9 available· delivery Q1 2028
Kestrel Private · Cyprus office· 109A Miltonos, Limassol· +357 95 110 463
Oceanview Nine Residences is a boutique development in Paralimni, in a quiet but well-connected neighbourhood, with contemporary architecture — suited to both residents and investors.
The three-floor building has nine units. Each floor has two three-bedroom apartments and one one-bedroom apartment, with interiors from 52 to 98 sqm and generous openings for natural light.
Each residence includes a dedicated parking space and a private storage room. The development has a 144 sqm roof garden with a communal swimming pool and panoramic views.
Inside Oceanview Nine
Location & area
Paralimni · pin marks the immediate area — the exact plot is shared on enquiry
Paralimni is an inland town in Cyprus's Famagusta District (government-controlled area) that has served as the district's temporary administrative centre since Famagusta city itself lies in the Turkish-occupied north. It sits a few kilometres back from the coast and functions as the main commuter town for the adjacent resort coastline of Protaras and Ayia Napa, offering everyday town amenities — shops, restaurants, clinics — without being directly on the seafront.
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 & pricing
Developer's schedule, June 2026 — republished in full and verified by the Kestrel desk. 9 of 9 available.
| Unit | Floor | Beds | Internal | Price |
|---|---|---|---|---|
| 101 | First | 3 | 97.60 m² | €315,000 +VATPR-eligible |
| 102 | First | 1 | 52.50 m² | €156,000 +VAT |
| 103 | First | 3 | 96.60 m² | €300,000 +VATPR-eligible |
| 201 | Second | 3 | 97.60 m² | €325,000 +VATPR-eligible |
| 202 | Second | 1 | 52.50 m² | €166,000 +VAT |
| 203 | Second | 3 | 96.60 m² | €310,000 +VATPR-eligible |
| 301 | Third | 3 | 97.60 m² | €335,000 +VATPR-eligible |
| 302 | Third | 1 | 52.50 m² | €176,000 +VAT |
| 303 | Third | 3 | 96.60 m² | €320,000 +VATPR-eligible |
All prices exclude VAT. A reduced 5% VAT rate may apply to a qualifying primary residence, subject to eligibility and conditions. Units of €300,000+ (excl. VAT) are eligible for Cyprus permanent residence; up to two new-build units may be combined to reach the threshold.
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 nine residences 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 Oceanview Nine.
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
