For sale: Land/Plot in Pegeia, Paphos, Cyprus

Paphos

For Sale

€1,950,000

Property ID :

PP-15535

Build Density, %

25%

Land Area

12480 m2

Distance to sea

2000 m

Description

One of a Kind Land Parcel Offer – (Tile Deed Available) Excellent panoramic view towards New Marina, Coral Bay and Paphos. Just 1KM distance from the sea. Residential Land for Sale in Peyia is located northeast of the residential heart of Peyia Municipality, Paphos District ready for development.Great Investment opportunity, ideal for Villas, Luxury Houses, and Maisonettes. The Land is in close proximity to the sea and has good accessibility to surrounding areas. Plot = 12,480 sqm is located in Potima Coastal Area (where the New Marina will built). This large plot of land is located on the edge of a ravine with the potential of building large residences with unobstructed breath taking panoramic, mountain, city and sea views of the Mediterranean coastline.
And therefore is considered a prime rectangular infrastructure shaped piece of land with 25% building density, 25% coverage build of 2 floors and can obtain an additional basement coverage due to angle/slope of land suitable for immediate development. The immediate area consists of semi-detached and detached tourist houses and large extents of undeveloped land. Note a project evidently parallel (i.e.: plot adjacent = 9 villas) exists and also an abut registered public road.
The area attracts a large number of foreign buyers due to its location and is very popular with both local and foreigners due to its proximity to the beach, shops, restaurants, amenities and most importantly due to its stunning views. Prospective developers/investors need to view land to enable them to appreciate the location and understand the potentials this land actually holds.

Water, telephone, electricity, internet and easy road access obtainable
5 minute drive to all amenities (restaurants, kiosk, bar, supermarket and schools) and beach
30 min drive to airport and nearest golf courses
Town:15 min drive to Town Centre and City Port

The price is negotiable.