Cyprus
Prime Beachfront Development Land for Sale in Protaras
€22,000,000
- 28,500 m²
- Plot
- Land
- Type
- 3 days ago
- Listed
About this place
Prime Beachfront Development Land for Sale in Protaras
An exceptional opportunity to acquire approximately 28,500 sq.m. of beachfront land in Protaras, one of Cyprus’s most desirable coastal destinations. The property offers significant development potential for a luxury residential project, a five-star hotel, or a mixed-use resort, subject to the relevant planning permissions.
The proposed villa development concept comprises 40 luxury villas: 34 three-bedroom residences of approximately 148 sq.m. and six four-bedroom beachfront villas of approximately 301 sq.m. The concept includes private swimming pools, jacuzzis, BBQ areas, communal leisure facilities, and dedicated parking.
Alternatively, a proposed mixed-use concept envisages a five-star hotel with 225 rooms and 41 residential apartments , complemented by restaurants, a gym and spa, swimming pools, a beach club, and a rooftop bar. A further hotel-only concept indicates potential for more than 330 rooms.
With its prime beachfront setting, substantial Plot Size, and flexible development potential, this property presents an attractive opportunity for investors and developers seeking to establish a landmark luxury residential or hospitality destination in Protaras.
Zone Description: Tourist Zone
Planning Zones: Τ1ε3 and Τ1στ1
Building Density: 50% / 50%
Building Coverage: 25% / 25%
Maximum Floors: 3 / 3
A rare beachfront investment opportunity offering multiple development possibilities in one of Cyprus’s leading coastal locations.
Getting around
- Excellent water quality
Nearest beach · Nisia Gardens
~1 min drive · 0.6 km
Larnaca (LCA)
~53 min drive · 64 km
Ercan (ECN)
~1 h 09 min drive · 70 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.
Where you’ll be
Cyprus
- Nearest airport
- Lefkoniko (Geçitkale) (GEC)
- 42 km
- Also close
- Larnaca (LCA)
- 43 km
- Nearest city
- Nicosia
- 67 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
Buying property in Cyprus
The process of buying property in Cyprus requires careful planning and involves several legal steps. Foreign buyers should budget for associated costs such as stamp duty, legal fees, and transfer fees, which can vary based on the property's value and other conditions.
Foreign buyers must confirm details with a qualified local lawyer as there are differences based on citizenship, and laws can change.
Recent adjustments include the introduction of a 0.4% seller's fee for the Central Agency for Equal Distribution of Burdens.
Sources consulted (2026-07-27): - Purchasing Property - Ministry of Interior - Gov.cy: https://www.gov.cy/moi/en/purchasing-property/?utm_source=habio - Εργαλείο υπολογισμού Φ.Π.Α. 5% για αγορά/ανέγερση κατοικίας - Tax For All - Gov.cy: https://www.gov.cy/mof-tfa/documents/ergaleio-ypologismoy-f-p-a-gia-agora-anegersi-katoikias/?utm_source=habio
Always check the latest legal requirements and fees.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
