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Beachfront Land Parcel in Protaras, Famagusta

Protaras, Famagusta, Cyprus

1 / 5

Ref · CY0748

For Saleapartment

€18,200,000

€1,071/m²

0

Beds

0

Baths

17000m²

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 17,000 m² under-division development plot in the highly sought-after coastal area of Protaras, Cyprus, offering a rare opportunity to develop a significant hospitality project in one of the island’s most established tourism destinations.

The plot is offered as an under-division parcel with a net area of 17,000 m², following the allocation of areas for public infrastructure and community needs, including public green spaces, public parking, community facilities and road infrastructure.

Development Potential:

• Net development area: 17,000 m²

• Under-division development plot

• Architectural concept for a 4-star hotel

• Approximately 285 hotel rooms

• Suitable for a large-scale hospitality project

• Potential for additional leisure and outdoor facilities

• Strong tourism profile and established infrastructure

The existing architectural concept envisages a 4-star hotel with approximately 285 rooms, providing the foundation for a substantial hospitality destination. The scale of the site offers flexibility in planning and design, with potential to incorporate a range of hospitality, leisure and outdoor amenities.

Location Highlights:

The property 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.

The site is within walking distance of Mimosa Beach and benefits from convenient proximity to both Protaras and Ayia Napa. Nearby attractions include Konnos Bay, the Sea Caves and Kamara tou Koraka, while the area offers opportunities for nature walks, cycling, diving and boat excursions.

The site also enjoys the unique advantage of experiencing the first sunrise in the EU, further enhancing its appeal as a hospitality destination.

With its substantial 17,000 m² net development area, strategic coastal location and existing concept for a 285-room 4-star hotel, this property represents an attractive opportunity for hotel operators, investors and developers seeking a sizeable hospitality project in one of Cyprus’ most prominent tourism destinations.

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
17000 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.