Property in Varosha Vicinity

Around Maras: Famagusta's Up-and-Coming Development Area

Positioned around the fenced-off Maras (Varosha) area, known worldwide for its political and historical significance, this district has come onto investors' radar in recent years following its partial reopening. As a critical part of Famagusta's coastal axis, the area around Maras stands out for its tourism and property-development potential.

The Character of the Area Around Maras

• Strategic location: One of the most valuable stretches of Famagusta's coastline. The Palm Beach area and its surroundings hold the existing settlements.
• Development potential: The partial reopening of the fenced-off Maras zone has increased interest in the area, and surrounding property values have picked up.
• Tourism focus: Beachfront hotel projects and holiday-concept investments are increasingly on the agenda here.

Daily Life and Infrastructure

• Beach: Palm Beach and its surroundings are favoured spots for the sand and water sports.
• Transport: Just a few minutes from Famagusta centre.
• Food and drink: Restaurants and cafés line the coast.

Property Market Around Maras

For current £/m² and rental medians, check the live price index above this page — the points below describe the structure of the market, not a price.

• Apartments for sale: Price varies by location, size and building condition.
• Rental homes: Price varies by location, size and building condition.
• Investment note: The area's future may be shaped by political developments; seeking legal advice before investing is strongly recommended.

For investment opportunities around Maras, browse the Famagusta listings on Evlek.