Paralimni, Famagusta District, Cyprus
Niero Apartments
Contemporary apartments between Paralimni and the beaches of Protaras
1- & 2-bedroom apartments
From €169,000 + VAT
Paralimni, minutes from Protaras
An Overview of Niero City Apartments, Paralimni, Cyprus
Niero City Apartments is a boutique collection of 16 apartments for sale in Paralimni, on the east coast of Cyprus, just minutes from the beaches of Protaras. It sits between Paralimni town centre, with its shops, cafés and everyday services, and one of the island's best-known resort coastlines, so residents get the convenience of a working town with the sea a short drive away.
Developed by Giovani Group, the building has one and two-bedroom apartments across four floors, from 624 sq. ft. to 917 sq. ft. of internal space. Every apartment has its own covered veranda of up to 244 sq. ft., and selected second-floor apartments also have private roof gardens of up to 344 sq. ft. Interiors use a calm palette of earthy tones and natural materials, with large windows and glass balustrades that let in plenty of light and take in views towards the Mediterranean. Covered parking and landscaped gardens are included.
The location is the main draw. The Kapparis beaches are around five minutes away, Protaras centre and the new Paralimni Marina around seven, and Fig Tree Bay, Ayia Napa and Cape Greco National Park around ten. The area has some of the most popular Blue Flag beaches in Cyprus, more than 300 days of sunshine a year, and Larnaca International Airport is about 35 minutes by car. For buyers looking at property for sale in Protaras, Niero offers the same beaches at Paralimni prices.
That mix makes Niero City Apartments work as a holiday home, a rental property or a permanent move to the sun. One-bedroom apartments start from €169,000 + VAT and two-bedroom apartments from €300,000 + VAT, with completion due in May 2028. Our team can talk you through availability and the buying process in Cyprus. Book a free consultation, or see our other Cyprus developments, Elysia Blu in Paphos, Cap St Georges Villas and Metropolis in Larnaca.
Key Details
- Developed by Giovani Group
- 16 apartments across ground and three upper floors
- 1 and 2-bedroom apartments
- 1-beds from €169,000 + VAT
- 2-beds from €300,000 + VAT
- Apartments from 624 sq. ft. – 917 sq. ft.
- Covered verandas from 128 sq. ft. – 244 sq. ft.
- Private roof gardens up to 344 sq. ft. on selected apartments
- Sea views towards the Mediterranean
- Covered parking and landscaped gardens
- Around 5 minutes from the Kapparis beaches and Paralimni centre
- Around 7 minutes from Protaras centre and Paralimni Marina
- Around 35 minutes from Larnaca International Airport
- Completion May 2028
Living At
Niero City Apartments, Paralimni
Take A Look Inside Niero City Apartments
Get In Touch
Want to know more about Niero Apartments?
The Apartments
1 Bedroom Apartments
Please be aware that prices displayed for 1-bedroom units at Niero City Apartments may reflect the lowest entry point available at the time of release. Availability and pricing are subject to change, and units at these prices may no longer be available.
2 Bedroom Apartments
Please be aware that prices displayed for 2-bedroom units at Niero City Apartments may reflect the lowest entry point available at the time of release. Availability and pricing are subject to change, and units at these prices may no longer be available.
On the Map
Niero City Apartments, Paralimni
▸ Kapparis beaches (Malama, MAAD) – 5 minutes by car
▸ Paralimni town centre – 5 minutes by car
▸ Protaras centre – 7 minutes by car
▸ Paralimni Marina – 7 minutes by car
▸ Fig Tree Bay – around 10 minutes by car
▸ Cape Greco National Park – 10 minutes by car
▸ Ayia Napa – 10 minutes by car
▸ Ayia Napa Marina – 15 minutes by car
▸ Larnaca International Airport – 35 minutes by car
Related Developments
Metropolis
Cap St Georges Villas
Elysia Blu
Frequently Asked Questions
Niero City Apartments is in Paralimni, in the Famagusta District on the east coast of Cyprus. It is around five minutes from Paralimni town centre and the Kapparis beaches, and seven minutes from Protaras.
Niero City Apartments is being developed by Giovani Group, an established Cyprus developer.
There are 16 apartments in total. The current release includes one-bedroom apartments from 624 sq. ft. to 699 sq. ft. and two-bedroom apartments from 808 sq. ft. to 917 sq. ft., each with a covered veranda. Selected apartments also have private roof gardens.
One-bedroom apartments start from €169,000 + VAT and two-bedroom apartments from €300,000 + VAT. Prices are set by the developer and can change, so speak to our team for the latest availability.
Completion is due in May 2028.
Yes, prices are plus VAT. New-build property in Cyprus is charged at the standard 19% rate, with a reduced 5% rate available in some cases for buyers making it their main home. Your solicitor will confirm which applies to you.
The Kapparis beaches are around five minutes by car, and all the beaches of Protaras, including Fig Tree Bay, are within around ten minutes.
Larnaca International Airport is about 35 minutes by car, with direct flights to the UK and across Europe.
Yes. The building has covered parking for residents.
Yes. As non-EU buyers, UK purchasers need permission from the local District Office to buy property in Cyprus. This is a standard part of the process, and your solicitor will handle the application.
Protaras is one of the busiest resort areas in Cyprus, with a holiday season running from around April to October. Short-term rentals in Cyprus need to be registered with the Deputy Ministry of Tourism, and we can talk you through the options.
Cyprus offers a permanent residency route for non-EU buyers who buy new property worth at least €300,000 plus VAT, alongside other conditions, including a minimum annual income. Two-bedroom apartments at Niero start from €300,000 + VAT, so they can meet the property threshold, but take legal advice before you buy.
Coastal Lifestyle
Niero City Apartments, Minutes from Protaras
Protaras is one of the most popular stretches of coastline in Cyprus, known for clear water, sandy bays and Blue Flag beaches like Fig Tree Bay. Just along the coast, Cape Greco National Park has sea caves, walking trails and some of the island’s best views. The new Paralimni Marina is bringing restaurants, shops and boat moorings to the area as well.
For buyers, it means an apartment in a place people want to visit and to live. The long holiday season brings steady demand for short stays, and the town on the doorstep keeps the area busy all year round.
Town and Coast
Everyday Living in Paralimni
Paralimni has grown from a traditional village into the main town of the Famagusta District, with supermarkets, schools, cafés, restaurants and services all close by. Unlike resort-only areas, it stays lively outside the summer season.
For investors, that year-round town life is a big part of the appeal. Niero City Apartments gives owners a home that works for permanent living or long stays, with the beach still only minutes away.