Pernera is a magical and luxurious coastal area located adjacent to Protaras in southeastern Cyprus. It is a separate but connected neighborhood, with well-maintained beaches, a new promenade connecting it to the center of Protaras, a planned marina, quality restaurants, and a luxurious but family atmosphere.
In recent years, Pernera has become one of the most sought-after areas for investment and residence, thanks to meticulous urban planning and accelerated development of new projects - boutique apartments, luxury villas, and high-end resort complexes.
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Pernera benefits from the tourism of the entire Protaras-Paralimni strip, with Over 500,000–700,000 tourists per year. Many of them are Europeans and Israelis who prefer the peace and luxury of Pernera to the bustling center of Protaras.
Strong tourism during the summer season ensures high occupancy and excellent returns for investors.
New 1–2 bedroom apartment: 500–800 euros per month.
Spacious 3-room apartments with sea views: 900–1,400 euros per month.
Luxury villas with private pool: 1,800–3,500 euros per month and even more.
The long-term rental market in Pernera enjoys demand from local residents, workers in the tourism industry, and foreign residents.
Pernera enjoys An average increase of approximately 30%–45% in real estate prices over the past decadeThe accelerated development, the high demand from tourists and investors, and the emphasis on quality of life and infrastructure – all of these have pushed prices upward and are expected to continue to support value increases in the coming years.
Pernera offers the ideal combination of a winning location, a quiet and luxurious quality of life, potential for appreciation and excellent rental returns.
For more details, personal advice on choosing a new project at Pernera – Contact Us today!
