€22,000,000 €772/m²

28,500m² Plot for Sale in Protaras, Famagusta District

Protaras, Famagusta district Posted 3 hours ago Updated 3 hours ago
28,500 m²Plot
RealDeal Estates Agency · Reg. 1311 · Licence 347/E 7,475 for sale · 207 for rent

About this home

An exceptional 28,500 m² beachfront development plot in the highly sought-after area of Protaras, offering a rare opportunity to create a landmark mixed-use destination combining luxury hospitality, premium residential living and extensive leisure amenities.

The proposed concept features a sophisticated 5-star hotel and residential complex, designed to take full advantage of the exceptional beachfront setting and surrounding natural landscape.

Development Potential:
• Plot size: 28,500 m²
• Proposed 5-star hotel and residential complex
• 225 standard hotel rooms of approximately 30–33 m² with balconies
• 41 three-bedroom apartments
• Residential apartments of approximately 100–120 m²
• Restaurant and breakfast area of approximately 500–550 m²
• Kitchen and staff facilities of approximately 800–900 m²
• Gym and spa of approximately 500–550 m²
• Beach club and restaurant
• 3 communal swimming pools
• External roof bar of approximately 400–450 m²
• Basement parking of approximately 1,600–1,700 m²
• Dedicated residential parking and storage

The proposed development is designed as a complete resort environment, with the hotel and residential components arranged around landscaped areas, swimming pools and outdoor leisure spaces. The concept combines hospitality, wellness, dining and recreational facilities to create an attractive destination for international visitors, residents and investors.

The site also offers flexibility for an alternative hotel-only development of more than 330 rooms, allowing the future owner to adapt the development strategy according to market conditions and investment objectives.

Location Highlights:
Located close to Cape Greco, the site benefits from proximity to one of Cyprus’ most remarkable natural landmarks and a protected Natura 2000 National Forest Park. The area is known for its dramatic coastline, crystal-clear waters, sea caves and unspoiled Mediterranean landscape.

The plot is within walking distance of Mimosa Beach and offers direct proximity to both Protaras and Ayia Napa, with attractions including Konnos Bay, the Sea Caves and Kamara tou Koraka nearby. The location is ideal for enjoying nature trails, cycling, diving and boat excursions, while also offering the unique advantage of capturing the first sunrise in the EU.

With its substantial land area, prime beachfront position and significant potential for a combination of 5-star hospitality and premium residential living, this property represents a rare development opportunity in one of Cyprus’ most prestigious coastal 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

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Reference
CY0747
Property type
Land and Plots
Plot area
28,500 m²

What it will really cost

Asking price€22,000,000
Title transfer fee ~€876,600
Estimated total€22,876,600
Mortgage estimate
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Estimate only. Legal fees, stamp duty and mortgage costs are not included.

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Same property, other listings Listed 2 times

Location

Protaras, Famagusta district

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