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LION&LAND

Berengaria Premium apartments for sale in Prodromos

Prodromos · Cyprus

Price from

€619,000

  • Apartments, lodges and residences Bedrooms
  • Apartment · House
  • Handover 2029
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The project

Berengaria hotel restoration and planned residences in Prodromos, Cyprus, from EUR 619,000 before VAT on the developer's project index. Handover July 2029.

Amenities

  • Spa & wellness
  • Restaurant
  • Parking
  • 24/7 security

Location intelligence

Prodromos, Cyprus

Visualisation: Aerial view at Berengaria, a BBF development in Prodromos, Cyprus

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Approximate location: the district is confirmed, the exact site is not.

Residency relevance

What this property can qualify for

The entry price of this project meets the qualifying amount for the routes below. This satisfies one property-related condition, but does not constitute approval. The authorities decide the outcome based on title type, documentation, application procedure and your own profile.

  • Permanent residence, regulation 6(2)

    Qualifying amount

    From EUR 300,000 in qualifying property

Figures as published by the authority shown with each route. We coordinate the property side, including quota checks and transfer documentation, and work with licensed legal partners on eligibility. Nothing here is legal or immigration advice.

Further project details

Project description

Berengaria is a restoration rather than a new build. The hotel of that name opened in Prodromos in 1931, designed by Henrik Clark and built by Michalis Kokkalos, and ran for fifty-three years before closing in 1984.

It was resold repeatedly over the following decades without any renovation being completed, until the developer bought the property in 2020 and began works in 2022. The plan is a five-star boutique hotel with a spa and restaurant, and alongside it a mix of apartments, lodges and residences in the pine forest around it. Prodromos is the highest village in Cyprus at 1,450 metres, in the Troodos mountains and within the Limassol district, and the renderings show what that means in practice: forest, mist, and snow in winter.

This is the most speculative entry in this set and the honest framing is that very little is fixed. The developer's project index now quotes from EUR 619,000 and its September 2026 delivery sheet gives July 2029 for handover, but there is no unit price list or project page behind either figure, so neither should be read as an offer on a specific unit. What exists is a building with a documented history, a stated programme, and a developer that has owned the site since 2020.

Anyone considering it should treat it as an early-stage conversation, ask for the current construction status and the unit schedule directly, and have a Cypriot lawyer look at what is actually being sold before any money moves.

Unfurnished

Residency relevance

Buying at Berengaria does not grant residence by itself. Cyprus operates a permanent residence route for non-EU buyers with its own property threshold and income requirements, assessed separately from the purchase, and a licensed Cypriot lawyer should confirm eligibility before any reservation. Prices are quoted before VAT: the standard rate is 19 per cent, and the reduced 5 per cent rate applies only to a buyer's own primary residence under conditions that include a ten-year restriction on selling or letting commercially.

A licensed legal partner must confirm eligibility for your specific profile before any reservation decision. LION & LAND can help coordinate the right specialist introductions where needed, but does not provide immigration or legal advice directly.

Figures as published by the authority shown with each route. We coordinate the property side, including quota checks and transfer documentation, and work with licensed legal partners on eligibility. Nothing here is legal or immigration advice.

Developer

BBF

Verified partner

Delivery track record
Documentation available on request
Documentation readiness
Reviewed in due diligence
Who this project fits

This project may fit…

  • Buyers drawn to a listed-quality historic building rather than a new block
  • Owners who want a mountain address at 1,450 metres with a hotel and spa on the same site
  • Buyers comfortable with an early stage where the unit schedule is not yet published
  • Owners who value scarcity, since Prodromos has very limited developable land
  • Buyers who want an hour's drive from both Limassol and Nicosia
  • Anyone interested in the restoration itself, the hotel operated from 1931 to 1984 and has stood empty since

This project may not fit…

  • Anyone who needs a unit price list or a floor plan before engaging
  • Buyers who want to be near the sea, this is a mountain village and inland
  • Investors relying on year-round rental demand, mountain demand is seasonal
  • Buyers who want certainty about specification, since a restoration of this age carries more unknowns than a new build
  • Anyone uncomfortable with the fact that renovation attempts here failed repeatedly between 1984 and 2020
  • Those whose main goal is residency rather than property, since the purchase creates no residence rights on its own
Related projects

Get to know this property.

Receive the dossier or arrange a viewing.

Indicative only. Prices, availability and residency relevance must be confirmed before reservation. We hold no property intermediation licence of our own and work with licensed partner firms in each market.

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