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Looking for villas for sale in Cyprus? New villas for investment or vacation? Welcome to Kashi Group.
The massive demand for real estate in Cyprus, especially for luxury villas for investment or residence, has made the island a magnet for Israeli and international investors.
The combination of an attractive taxation system, geographical proximity to Israel, and consistent tourism growth creates exceptional opportunities.
However, purchasing a villa in Cyprus requires a deep understanding of the local real estate market, the characteristics of the various areas, and the expected returns.
We have collected for you the most affordable villas in Cyprus in the Ayia Napa and Protaras areas from the new projects located in the best locations.
Many investors are torn between second-hand and new properties. When it comes to a prime coastal area, new villas under construction have huge economic advantages:
Presale prices and flexible payment terms: Purchasing a villa in the planning or construction stages allows you to enjoy prices that are 15% to 25% lower than the market price of a finished property, along with a payment schedule tailored to the pace of construction progress.
Modern technical specifications and A energy rating: The new villas are built to strict European standards, including perfect thermal insulation, advanced air conditioning and heating systems, smart swimming pools and preparations for solar systems – elements that dramatically reduce maintenance costs and increase rental value.
Permanent Residency in Europe: Investing in a new villa from a contractor worth €300,000 or more gives you and your family the right to apply for permanent residency in Cyprus (European Union) via a fast track.
Kashi Group specializes in identifying the projects with the highest return potential on the East Coast. Here is a look at the top areas where we are currently marketing new villas:
Ayia Napa has long since undergone a revolution from a destination for young people to a center of international luxury tourism, mainly around the new and luxurious marina (Ayia Napa Marina).
Investment potential: The strongest short-term rental market (Airbnb) on the island, with huge demand for private villas with a pool from families and premium tourists.
Our projects: modern villas within walking distance of the sea and close to all entertainment and commercial centers.
Protaras, along with its adjacent neighborhoods such as Pernera and Kapparis, is the preferred choice for families for relocation or a permanent vacation home. The area is characterized by a relaxed atmosphere, spectacular natural bays, and an urban infrastructure that operates throughout the year.
Investment potential: A winning combination of short-term summer rentals and high demand for long-term rentals (high-tech people and relocation) due to the proximity to international schools in Paralimni.
Our projects: Gated communities that offer complete privacy, clean architectural design and panoramic sea views.
| Area / Neighborhood | Construction status available | Estimated starting price (Euro) | Expected return (short/long term) | Main target audience |
| Ayia Napa (Center/Marina) | On paper / Advanced construction | € 450,000 + | 7% – 9% (luxury tourism) | Tourists, premium investors |
| Protaras (Fig Tree / Cape Greco) | Skeleton Steps / Freesale | € 420,000 + | 6% – 8% (tourism and recreation) | Families, vacation homes |
| Pernera, Caparis | Freesale / On paper | € 340,000 + | 5.5% – 7% (combined rent) | Relocation, investors on a medium budget |
New properties in Cyprus are subject to a 19% Value Added Tax (VAT). However, when purchasing a new villa that is used as a first and main residential property (for living or self-catering), it is possible to apply for a VAT reduction to only 5% on the first 130 square meters of the property, saving tens of thousands of euros.
At Kashi Group we don’t just sell a property, we provide an end-to-end (360 degree) solution. We work in full cooperation with professional local management companies in the Ayia Napa and Protaras area. The management company takes care of everything: marketing on Airbnb, welcoming guests, cleaning, maintaining the pool and garden, and transferring the profits directly to your bank account.
The big advantage of purchasing a new property through us is the full protection of your money. Payment is made according to clear milestones in Cypriot law (for example: 30% upon signing the contract, 20% upon completion of the concrete frame, 25% upon completion of the interior work, etc.). The funds are monitored and the transfer of ownership is guaranteed with full legal support.
With an exclusive database of over 1,700 properties and direct access to dozens of for-sale villa projects in Ayia Napa, Protaras, Pernera and Kaparis , we at Kashi Group know how to match the exact property to your budget and financial goals.
We invite you to leave your details and coordinate a 48-hour focused real estate tour in Cyprus with us . We will take you directly to the field, visit the construction sites, meet with the leading contractors, and present you with the development plans that will boost the value of your villa.
Your new villa, just a 45-minute flight from Israel, is waiting for you.
Contact us now by email or simply call – 073-7020221