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Beachfront Villa Development Plot in Protaras, Famagusta

Protaras, Famagusta, Cyprus

1 / 11

Ref · CY0746

For Saleapartment

€22,000,000

€772/m²

0

Beds

0

Baths

28500m²

Area

—

Built

RealDeal Estates

Listed by RealDeal Estates

Verified AnyDoor partner · Lic. 347/E

Response usually within a few hours

About this property

An exceptional 28,500 m² beachfront plot in Protaras, offering a rare opportunity for a luxury villa development in one of Cyprus’ most desirable coastal locations. Overlooking the crystal-clear Mediterranean Sea, the plot provides an outstanding setting for an exclusive residential or tourism project.

The plot comes with all necessary permits in place for the development of a complex comprising 40 villas, with flexibility to proceed with the approved plans or explore an alternative tourism concept.

Development Potential:

• Plot size: 28,500 m²

• Beachfront location

• Approved permits for 40 villas

• 34 three-bedroom villas

• 6 four-bedroom beachfront villas

• Common amenities building

• Communal swimming pool, cafeteria, bar and gym

• Potential for more than 8,393 m² of covered areas

• Plot owned by an SPV

The approved concept includes 34 three-bedroom villas of approximately 148 m² each, featuring two en-suite bedrooms, jacuzzi, private BBQ area and parking for two cars.

The 6 four-bedroom beachfront villas of approximately 301 m² each include three en-suite bedrooms, private swimming pool, jacuzzi, BBQ area and parking for three cars.

The development is planned with a central amenities building offering a cafeteria, swimming pool, bar and fully equipped gym.

Location Highlights:

The plot is located close to Cape Greco, a protected Natura 2000 National Forest Park renowned for its dramatic coastline, crystal-clear waters, sea caves and unspoiled Mediterranean landscape.

Within walking distance of Mimosa Beach and with direct access to both Protaras and Ayia Napa, the site is also close to Konnos Bay, the Sea Caves and Kamara tou Koraka. The location is known for its exceptional natural surroundings and captures the first sunrise in the EU.

A rare opportunity to acquire a substantial beachfront development site with approved permits, significant development potential and a prime location between Protaras and Ayia Napa.

Contact us for more information or to arrange a site visit.

If this land doesn’t fully meet your requirements, share your intended use, preferred location and budget with us, and we’ll prepare a personalized selection of suitable land options.

Licensed agency RealDeal Estates

Reg. No. 1311 | Lic. No. 347/E

General

Type
Apartment
Furnished
No

Areas

Plot area
28500 m²

Location

Approximate location. Exact address shared after viewing request.

Side-by-side with up to 4 properties — yields, prices, locations.

Management options

Run it yourself or hand it over.

AnyDoor partners with vetted Cyprus operators for long-let, short-let or hybrid management — included in your investment plan.

Explore management

Fractional ownership · Q2 2026

Own a fraction of this property.

Lower entry, same yield, transparent SPV. Notify me when fractional opens for Famagusta.

Yield, IRR and scenarios are derived from comparable transactions and 24-month rental data. Read the methodology.