$24,591,309

Rare Seafront Development Opportunity In Protaras

  • 7.05 Ac lot
  • Updated: Today

About the Property

A truly unique opportunity to acquire one of the very few remaining seafront plots in Protaras with the size and zoning capacity to support a 5-star hotel or luxury villa resort.

This exceptional 28,500 m² beachfront plot offers panoramic views of the crystal-clear Mediterranean and direct access to the coast, making it an ideal setting for an iconic development in one of Cyprus’s most so
A truly unique opportunity to acquire one of the very few remaining seafront plots in Protaras with the size and zoning capacity to support a 5-star hotel or luxury villa resort.

This exceptional 28,500 m² beachfront plot offers panoramic views of the crystal-clear Mediterranean and direct access to the coast, making it an ideal setting for an iconic development in one of Cyprus’s most sought-after destinations.

Ready-to-Develop with Permits for a premium residential complex consisting of 40 elegant villas:

6 exclusive 4-bedroom beachfront villas (each 301 m²)

34 sophisticated 3-bedroom villas (each 148 m²)

All designs are thoughtfully planned for modern coastal living, with spacious layouts, private pools, jacuzzis, BBQ areas, and dedicated parking — blending style, comfort, and function.

4-Bedroom Beachfront Villas

Each of the six seafront villas includes:

Three en-suite bedrooms

Four-level design: basement, ground floor, first, and second floor

Private pool, jacuzzi & BBQ area

Parking for three cars

These villas define beachfront luxury with ample living space and uninterrupted sea views.

3-Bedroom Villas

Each of the 34 villas includes:

Two en-suite bedrooms

Multi-level layout including roof garden

Jacuzzi, BBQ space, and parking for two cars

These villas offer a refined, relaxed living experience with a strong appeal for both holidaymakers and long-term residents.

Onsite Communal Amenities

The project includes a central amenity building featuring:

Elegant cafeteria

Resort-style communal pool

Lounge bar

Fully equipped gym

It is very important to note that the investor has the option to redesign the project, if desired, and take advantage of additional building density resulting from zoning updates.

Beyond the existing permits, the plot offers significant flexibility for reconfiguration. With over 8,393 m² of covered area potential, the site can be transformed into a luxury 5-star hotel or high-end touristic destination — an opportunity made possible by the rare size and prime location of the land.

The property is owned via a Special Purpose Vehicle (SPV), allowing for streamlined acquisition and favorable investment structuring.

A concept design for a 5-star hotel is also available and can be shared upon signing a Non-Disclosure Agreement (NDA).

Enquire today to secure this standout investment along Cyprus’s most desirable shoreline.
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  • Property type

    Land

Features

Features

Lot

Indoor

  • Jacuzzi
  • Bar
  • Basement
  • Fitness Center / Gym

Outdoor

  • Balcony
  • Parking
  • Pool
  • Outdoor Living Space
  • Garden

Explore the Area

Paralimni, Famagusta, Cyprus View on Google Maps
Price per sqft
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Debi Richardson Debi Richardson background
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Debi Richardson
Cyprus
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Debi Richardson Debi Richardson background
56
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2024
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Fine & Country Cyprus
Fine & Country Cyprus
284 Leoforos Protara Kavo greko, 5295, Paralimmni, Cyprus
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A network of leading, independent estate agents, Fine & Country marries the unrivalled knowledge of local

A network of leading, independent estate agents, Fine & Country marries the unrivalled knowledge of local property experts with the technologies, market insight and marketing capabilities of a global brand.

At Fine & Country, we offer a refreshing approach to selling exclusive homes, combining individual flair and attention to detail with the expertise of local estate agents to create a strong international network, with powerful marketing capabilities.

Moving home is one of the most important decisions you will make; your home is both a financial and an emotional investment. We understand that it’s the little things – without a price tag – that make us a valuable partner, whether you’re buying or selling.

With representatives, in over 300 locations across the world, you know that wherever you find the Fine & Country name, you will be receiving the finest local service, upheld to the highest reputation.
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Last updated
Today
First listed
November 3
Listing reference
17251
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