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Protaras, Cyprus, Cyprus

Modern Four-Bed Villa in Cape Greco, Protaras

€5,500,000

4
Bedrooms
4
Bathrooms
2,430 m²
Plot
House
Type
28 Aug 2026
Listed

The Habio take

AI summary

This modern four-bedroom villa in Cape Greco offers luxurious living on a large plot. Situated in the vibrant beach resort of Protaras, it combines stylish comfort with easy access to stunning beaches and local amenities.

  • beach
  • coastal
  • luxury
  • investment

Highlights

  • Modern design by renowned sculptor
  • Large 2,430 m² plot
  • Private parking for four vehicles
  • High rental potential
  • Walking distance to amenities and beach

Good fit for: Ideal for buyers seeking a luxury coastal residence or investment property.

Lifestyle scores

Beach
90
Walkable
80
Remote work
70
Family
75
Retirement
80
Airport access
75
Investment
85
Luxury
80
Value
70

About this place

This stylish four-bedroom villa is located in the sought-after Cape Greco area of Protaras, blending modern design with comfort. Designed by renowned sculptor Georgy Frangulyan, the property reflects elegance and attention to detail.

Spanning a substantial 2,430 m² plot, the villa features 374 m² of covered areas and a spacious 78 m² veranda, providing ample space for relaxation and outdoor entertaining. With its convenient location, it is within walking distance of local amenities and just steps away from beautiful beaches, making it an ideal choice for those seeking a coastal lifestyle.

The villa comes with private parking for four vehicles and is move-in ready, offering high rental potential for investors looking for a lucrative opportunity. Built in 2008, it presents an excellent opportunity for comfort in a prime location.

What this place offers

  • private parking
  • garden
  • veranda

Getting around

  • Nearest beach · Protaras Bay

    ~1 min drive · 0.1 km

    Excellent water quality
  • Larnaca (LCA)

    ~55 min drive · 65 km

  • Ercan (ECN)

    ~1 h 06 min drive · 68 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

Protaras, Cyprus, Cyprus

Nearest airport
Lefkoniko (Geçitkale) (GEC)
39 km
Also close
Larnaca (LCA)
42 km
Nearest city
Nicosia
65 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.

CY

Buying property in Cyprus

Full guide →

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

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