Paralimni-Deryneia Municipality has resumed implementation of two major redevelopment projects worth millions of pounds that will transform the town centre, following a two-year suspension after losing European Union funding.
The central square redesign and town core renovation projects have been comprehensively restructured and submitted for inclusion in urban development programmes with state co-financing. The original schemes were shelved after EU funding was withdrawn, forcing municipal authorities to seek alternative financial backing.

Architects have designed a central focal point offering views of three local churches whilst incorporating water elements to create visual connections with the sea. The new square will accommodate up to 3,500 people for events, featuring covered vendor areas, green pathways, and rest facilities.
The southern approach will provide direct access to preserve monument views, while the northern route will offer a more relaxed journey through green spaces providing shade and cooling. Multiple green zones will be established, retaining existing orange trees from the Agios Georgios grove and adding endemic ornamental trees.

The €8 million town core renovation has been modified following municipal council decisions to permit continued vehicular access. Rather than full pedestrianisation, the project will focus on road surface replacement and new square spaces creation, alongside enhanced greenery and parking facilities.
Municipal authorities have already undertaken building improvements for town centre beautification, whilst a multi-storey car park costing €6.7 million remains under construction. The parking facility will provide 296 spaces, including 17 for disabled users and three for electric vehicles, with completion expected before late 2026.

Mayor Georgios Nikolettos emphasised the projects’ role in enhancing the historic centre’s identity whilst improving residents’ quality of life and visitor experiences. The developments incorporate sustainable mobility elements including extended pavements, cycle paths, and rest areas encouraging car-free movement.
“The Paralimni square is being redesigned to meet contemporary needs of a vibrant town, whilst the central core identity upgrade is expected to catalyse commercial and social revitalisation of the area,” Nikolettos stated.




