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Parko Paliatso was established in 1999 by Vali Amusements Ltd, offering fun, excitement and entertainment to adults and children.

The funfair is the biggest in Cyprus built on a 30,000 square meter land, with a parking area ready to host up to 300 cars at a time. The park has more than 25 different attractions.

The biggest and most popular attraction is the Sling Shot, the highest ejection seat ride in Europe. In 2010, the park acquired a 45 meter height Giant Wheel.