Protaras is one of the most sought-after short-term rental markets in the entire Mediterranean — and one of the highest-earning locations for Airbnb and Booking.com hosts in Cyprus. If you own a property in Protaras and want to maximise your rental income without the stress of self-management, Allure Property Management is your local expert.
The Protaras Short-Term Rental Market
Protaras is home to some of Cyprus's most iconic beaches, including Fig Tree Bay — consistently ranked among the top beaches in Europe. The resort attracts millions of visitors annually, with peak demand running from late April through to October. Families, couples and groups from across the UK, Germany, Scandinavia and the Middle East choose Protaras for its crystal-clear waters, vibrant restaurant scene and safe, family-friendly atmosphere. For property owners, this sustained demand means high occupancy, strong nightly rates and excellent annual income.
How Much Can Your Protaras Property Earn?
A two-bedroom apartment in Protaras can achieve €90–€155 per night in peak season. With professional management, typical annual gross income ranges from €18,000 to €24,000 for a two-bedroom property, with premium sea-view or pool properties earning significantly more. Our managed properties in Protaras consistently achieve 85–90% occupancy during July and August.
Use our free rental income calculator to get an instant estimate for your specific property, or contact our team for a personalised projection.
What is Included in Allure's Protaras Property Management Service
Our flat 17% management fee covers all of our management work for your short-term rental in Protaras:
- Professional listing creation on Airbnb, Booking.com and Allure.com.cy
- Professional photography and optimised listing copy
- Dynamic pricing — daily rate adjustments based on demand and competition
- 24/7 guest communication — enquiries, bookings, check-in and support
- Guest vetting and security deposit management
- Cleaning coordination between every stay
- Pre and post-stay property inspections
- Maintenance oversight and fast repair response
- CTO registration guidance and compliance support
- Monthly statements by the 5th and payouts by the 10th
Key Areas We Cover in Protaras
- Fig Tree Bay — the premium location, highest nightly rates in the region
- Protaras town centre — excellent access to beaches, restaurants and shops
- Cape Greko Road — popular with families seeking a quieter stay with sea views
- Konnos Bay area — boutique location with stunning natural scenery
Why Choose Allure for Property Management Protaras
Allure Property Management is headquartered in nearby Paralimni, making us the true local experts for Protaras property management. Our team is on the ground, knows the Protaras market inside out, and manages properties across all of the area's key micro-locations — from Fig Tree Bay and the town centre to Cape Greko Road.
Our 17% management fee is one of the lowest in Cyprus — and unlike some competitors, we publish it clearly. No hidden charges, no setup fees, no surprises. Just more money in your pocket every month.
Frequently Asked Questions - Property Management Protaras
How much can my Protaras property earn on Airbnb?
A well-managed two-bedroom apartment in Protaras typically earns €18,000–€24,000 gross per year. Pool and sea-view properties can earn significantly more. Contact us for a free personalised projection.
Do I need a CTO licence to rent my Protaras property on Airbnb?
Yes. All short-term rental properties in Cyprus, including Protaras, must be registered with the Cyprus Tourism Organisation. Allure guides all new clients through this process.
How quickly can Allure get my Protaras property listed?
Once you sign a management agreement, we can have your property photographed, listed and accepting bookings within 5–7 days.
More from Allure Property Management
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→ Read: Property Management Services in Cyprus
→ Read: How to Maximise Rental Income in Cyprus
→ Read: Airbnb Regulations Cyprus 2026
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