May 29, 2026
Paralimni Marina – The New Hotspot of Protaras
The Paralimni Marina is a massive €100M+ mixed-use waterfront development located in the Pernera area (Luma Bay) of Protaras.
Designed to transform the eastern coast of Cyprus into a premier, year-round nautical and tourism destination, it integrates seamlessly with the historic Pernera Fishing Shelter.
The modern, cutting-edge development features several core components:
* Berthing Capacity: A high-end port designed to accommodate up to 300 yachts and boats, serving as an official sea entry point to Cyprus.
* Commercial Village: A sophisticated commercial zone boasting upscale boutiques, cafes, restaurants, bars, and a petrol station for marine and land vehicles.
* Residential Real Estate: An elite residential quarter featuring luxury waterfront apartments and villas some furnished by Armani/Casa
* Public Amenities: A sprawling public green space, a bustling waterfront promenade, a yacht club, and extensive pedestrian walkways connecting directly to Protaras' beaches.
The Paralimni Marina is expected to reach operational status and welcome its first vessels by summer 2026!
The retail and dining spaces have been handed over to food, beverage, and retail businesses to complete their interior custom fit-out. The primary residential buildings have also entered the final stages of interior finishing and very soon are to be delivered to their new owners.
The developer, PMV Maritime Holdings Ltd, officially announced that all residential units have been sold just a few months after launching the project.
Property demand near the new marina and throughout Protaras has skyrocket as people rush to be part of the area's hottest new destination.
Already renowned for having the finest beaches in Cyprus, Protaras is now transforming into a premier, year-round tourism hotspot thanks to this landmark marina project.
Browse through a wide range of houses for sale in Protaras, located within easy reach from Protaras Marina by following this link.
