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Prime Plot of Land in Protaras for Development

€2,350,000

Protaras, Famagusta, Cyprus

  • 4,382 m²

    plot

  • Land

    property type

  • 1 week ago

    listed

The Habio take

AI summary

This prime plot of land in the heart of Protaras spans 4,382 m² and is situated in a highly sought-after tourist area. It offers excellent potential for residential or commercial development in this vibrant coastal city of Cyprus.

  • beach
  • investment
  • tourism
  • coastal

Highlights

  • Large development plot of 4,382 m²
  • Located in a prime tourist area
  • 30% tourist density allowance
  • 20% coverage ratio for constructions
  • Ideal for residential or commercial project

Good fit for: Perfect for investors looking to develop in a high-demand tourist destination.

Lifestyle scores

Beach
90
Walkable
60
Remote work
50
Family
60
Retirement
70
Airport access
75
Investment
85
Luxury
65
Value
70

About this place

Discover a rare opportunity to own a substantial plot of land in Protaras, Cyprus. With a generous size of 4,382 m², this land is located in a desirable building zone (T3e5) that allows for a tourist density of 30% and a coverage of 20%.

Protaras is renowned for its stunning beaches, vibrant nightlife, and rich cultural heritage, making it an ideal location for potential development focused on the tourism sector. This area is well-positioned to attract visitors year-round, enhancing the appeal of your investment.

Where you’ll be

Protaras, Famagusta, Cyprus

Location is approximate — exact address is confirmed by the agent.

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Buying property in Cyprus

Full guide →

The process of buying property in Cyprus requires careful planning and involves several legal steps. Foreign buyers should budget for associated costs such as stamp duty, legal fees, and transfer fees, which can vary based on the property's value and other conditions.

  • Foreign buyers must confirm details with a qualified local lawyer as there are differences based on citizenship, and laws can change.

  • Recent adjustments include the introduction of a 0.4% seller's fee for the Central Agency for Equal Distribution of Burdens.

  • Sources consulted (2026-07-27): - Purchasing Property - Ministry of Interior - Gov.cy: https://www.gov.cy/moi/en/purchasing-property/?utm_source=habio - Εργαλείο υπολογισμού Φ.Π.Α. 5% για αγορά/ανέγερση κατοικίας - Tax For All - Gov.cy: https://www.gov.cy/mof-tfa/documents/ergaleio-ypologismoy-f-p-a-gia-agora-anegersi-katoikias/?utm_source=habio

Always check the latest legal requirements and fees.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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