Nicosians and Europeans alike flock to Protaras and Ayia Napa, southeast of Paralimni, for affordable luxury holiday homes
, value for money, low cost of living, Mediterranean lifestyle and stunning beaches. According to reports published by the regional land office, the city is becoming populated. Typical three-bedroom villas and two-bedroom pool apartments are most sought after, with prices starting at €350,000 VAT and €185,000 VAT, compared to a modest €500,000 VAT in other cities.
Living close to the shores of this cosmopolitan resort where trendy people can enjoy the lifestyle of their dreams, wealthier people than ever are investing in Protaras and Ayia Napa for its beach and resort reputation, the quality of life available and lots of it such as cheaper cost of living near the coast as beach bars flood the coast.
According to restaurant industry experts, the average holidaymaker in Protaras and Ayia Napa is spending more than ever before thanks to the ever-increasing number of facilities and infrastructure that enhance the holiday experience, creating a market for a thriving culinary culture.
Most of the country's hotels are home to many vacationers looking to invest in properties near Protaras and Ayia Napa to move permanently or for the hot summer months.
About choosing Protaras and Ayia Napa over other cities in Cyprus, a local real estate agent once said; "I believe that people fall in love twice in their lives. One to get married, and the second time just to move to Protaras and Ayia Napa. They decided to invest, live and rest here because they simply fell in love with the destination and never want to leave this place. The atmosphere is familiar and comfortable, with trendy beach bars opening every summer and new restaurants popping up every often"
For more information on how people choose Protaras and Ayia Napa, contact our real estate consultant.