In a cosmopolitan, seaside Protaras, in the rapidly developing district of Pernera, a prestigious development comprising 18 exclusive villas is under construction. We are offering A 4-bedroom villa with a floor area of 153 m² with a sea view, synonymous with luxury and a high standard of living.
The villa is situated just 800 metres from the sea, close to the new marina in Paralimni and the award-winning beaches considered to be amongst the best in Europe. This is a location ideal both for investors seeking an attractive return on their capital and for those dreaming of owning their own home in one of Cyprus’s most sought-after neighbourhoods.
The villa consists of:
The developer also offers properties of different sizes and layouts within the same development, allowing buyers to find a property that suits their individual needs.
The villa has been valued at €543,000 net, the price includes a parking space (€3,549.02 per square metre). This attractive rate is due to the fact that it is a first-hand offer – the property comes directly from from the developer, rather than from the secondary market, which eliminates the additional mark-ups charged by intermediaries.
Protaras is one of the most sought-after investment locations in Cyprus. The average gross rate of return for houses and villas is estimated at 4.5–6%, whilst for short-term rentals this ceiling can be as high as 10%. Added to this is the potential for the property’s capital value to increase, given its sea view.
The Ayia Napa and Protaras region delights visitors with its crystal-clear waters and picturesque spots. The charming bay is well worth a visit Konnos Bay surrounded by green hills, peaceful Makronissos Beach, as well as The Thalassa Museum showcasing the island’s maritime history. It is a place designed for active leisure and celebrating the Mediterranean way of life.
Protaras and Ayia Napa are among the most well-known holiday resorts in Cyprus, offering a highly developed tourist infrastructure and award-winning beaches. It is the ideal location for both prestigious holiday lets and a comfortable holiday for the whole family.
Are you looking for other villas of a similar standard? Take a look at our the full range of villas in Cyprus.
Are you interested in more options in this region? Take a look at property listings in Ayia Napa.
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