Land for sale
Protaras, Famagusta, Cyprus
£2,608,696 *
[€3,000,000]
Full Description
This prime development plot is located in one of the most sought-after areas of Protaras, within walking distance of some of Cyprus’ most famous Blue Flag beaches, including Fig Tree Bay. Set in the heart of the resort’s touristic zone, the property enjoys excellent accessibility and year-round appeal, surrounded by established amenities, restaurants, cafés, and leisure facilities that define the vibrant lifestyle of Protaras.
The land extends to approximately 2.900 sq.m, offering strong development potential in a high-demand coastal location. Its size and zoning allow for a variety of development options, including residential units, detached houses, apartments, or a hotel development, either as a single-use project or a mixed-use concept combining hospitality and residential elements.
An existing building is already situated on the plot and may be utilised or incorporated into a future development, providing additional flexibility and potential cost and time advantages for the buyer.
Located in one of Cyprus’ most established and internationally popular coastal destinations, the property benefits from limited availability of prime land near the sea, strong tourism demand, and excellent long-term investment fundamentals. Title deeds are in place, and there is also the option to acquire the owning company’s shares, allowing for a streamlined and efficient acquisition process.
This is a rare opportunity to secure a sizeable development plot in a premium seaside location, ideal for investors or developers seeking flexibility, security, and strong future value in one of Cyprus’ most desirable resort areas.
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