Protaras is a small resort town located north of Cape Cavo Greco. It is really picturesque here. Many tourists adore Protaras and have been coming here to rest for decades, which is not surprising: it is in this location of Cyprus that the best beaches are located. For example, Fig Tree Bay beach has repeatedly occupied the first lines of European and even world rankings.
However, Protaras is interesting not only as a family resort. Many investors are actively investing in housing in this region. Indeed, it is quite profitable to invest in Protaras real estate: one square meter has an average price of 1800 euros (which is almost a third less than in Limassol and Paphos), and the construction market is slowly growing in the area. In addition, local authorities are actively engaged in the development of the area, so in 5-10 years there will be completely different housing prices.
It does not matter whether you want to buy a house in Protaras to move in or rent it out — here you can find 5 most interesting (in our opinion) complexes.
1. Eden Residences, apartments
The Eden Residences is located extremely well: 400 meters from the cleanest beach, in the very center of Protaras and with access to the motorway. The six-storey building is located on a small elevation, which provides excellent views from the window of each apartment.
In addition, residents and tenants of Eden Residences receive: closed and protected area;
- high level of privacy (thanks to security and a small number of apartments in the house);
- access to a shared luxury swimming pool with a relaxation area;
- underground secured parking;
The apartments have a spacious layout, open sliding glass doors to the terrace and 2 or 3 bedrooms. Penthouses are worth noting separately: they have their own roof garden and a small private pool.
Apartments for Protaras are not very popular. Individual cottages and villas are still more popular here, especially if we are talking about new buildings. So the demand for rental apartments in Eden Residences will be high, therefore, it is very profitable to consider this option as a source of passive income.
2. Elite Pearl Residences, villas
The beautiful Elite Pearl is located in the top spot of Protaras, just a few minutes' walk from the famous Fig Tree Bay. This position makes it a desirable place to live and to relax with the whole family.
All villas are built at the foot of a fairly large hill, which provides a magnificent view of the surrounding area and, of course, the sea. A magnificent panorama opens from the hill, especially if you look at it from the terrace of the second floor.
Elite Pearl Villas are made in a light and elegant modern style, with an abundance of light tones and transparent glass. This ensures comfortable living in a free space and a wonderful, "delicious" exterior. The interior and exterior decoration includes only high-quality and environmentally friendly materials.
Each villa has a large house territory, a swimming pool with a seating area and a shower, a barbecue area and a private garage. The house consists of two floors and has several bedrooms (from 3 to 5), 2-3 bathrooms, panoramic sliding windows and glass doors to the terrace for a better view.
3. Coralli Spa Residences, apartments
Coralli Spa Residences is located near the shore, which is ideal for both seasonal holidays and permanent residence. In addition, this location will make it profitable and easy to rent apartments at a good price.
However, the location is not the only thing Coralli Spa Residences can boast of. This is not just a residential complex, but a spa resort with everything you need for a relaxing and healing holiday. Here you will find excellent service, plenty of entertainment and relaxing treatments. Children will also like Coralli Spa Residences - they have separate playgrounds and a swimming pool.
Residents and guests of the hotel complex will receive:
- access to two swimming pools with a large relaxation area;
- access to a modern gym and tennis court;
- services in the SPA complex or in the room;
- bar, restaurant and mini-market on the territory of the complex;
- full room service (if desired): cleaning and concierge service, rental, laundry and dry cleaning, etc.
All apartments have excellent finishes and panoramic windows-doors with balconies, which provides excellent view characteristics. Each apartment is already equipped with all the necessary furniture and appliances, which will especially appeal to those who buy real estate in Coralli Spa Residences not for themselves, but for rent.
4. Milos Lifestyle, villas
This complex consists of 36 villas and is located in a great location: from here you can quickly reach both Cape Greco (5-10 minutes) and Ayia Napa (15 minutes). At the same time, the entire infrastructure of Protaras is in the nearest access.
Milos Lifestyle will especially appeal to those who love modernity and comfort combined with the closeness of nature. Beautiful beaches are just a 10-minute walk, and on the other side are picturesque hills.
Each villa in Milos Lifestyle is an example of beauty, convenience and the Mediterranean lifestyle. Two-story buildings have panoramic windows and sliding doors to the floor, which visually expands the space and makes it more airy. The living room has direct access to the pool and recreation area.
On the roof of each villa there is also a space for a pleasant pastime and contemplation of the sea panorama. There you can arrange a small garden, as well as arrange a barbecue area or even do something unusual to your taste.
5. Imperial Jade, villas
A small gated complex offers villas for the most discerning buyers. Imperial Jade guarantees privacy and comfort with the best possible location, near the center of Protaras, a 10-minute walk from the purest Azure coast with excellent beaches.
Each individual villa is a beautifully designed two—storey building in a modern style. There is a recreation area with landscaping on the roof, and a swimming pool can be installed in the garden. All villas are rented already finished, with all necessary communications and amenities.
Due to the convenient location of Imperial Jade (on a small hill) and panoramic glazing, the view from each house is magnificent. The coastal panorama looks especially beautiful if you look at it from the upper tier (gazebo on the roof).
Interested in housing in Protaras? Contact the specialists of the real estate agency No. 1 - DOM b.y phone +357 23 010149, or come to the office at: Protaras Avenue 243, Paralimni 5290, Famagusta, Cyprus.
- The best gated residential family complexes in Limassol
- General Health Care system of GESY in Cyprus
- Villa or apartment: what to choose for living in Paphos?
- How is it profitable to rent an office in Cyprus?
- School near home: options for buying real estate near the most popular educational institutions in Cyprus
- 10 reasons to invest in Protaras Real Estate