Large land parcel, ideal for residential development, in beautiful Peyia, featuring:
• Total area: 16, 742m²
• Zone: H3
• Build factor: 60%
• Cover factor: 35%
• Max. height: 8.3m
• Floors: 2
• Existing infrastructure
• Prime location with sea views
• Flat, level land
• High visibility
• Accessibility
The opportunity offers sea views and lies within the catchment area of notable local landmarks including The Sea Caves, Coral Bay, Edro III Shipwreck and the Pafos Zoo. The area is characterized by low-rise apartment buildings and holiday villas and attracts year-round long and short-term tourism. The land parcel is positioned in the centre of a safe and diverse suburb, within the newly established municipality of Peyia. Peyia municipality thrives on sustainability and is recognized as a progressive community, focusing on sanitation, security and culture. With an increasing interest from new and emerging overseas markets, Peyia presents an ideal investment site for mixed residential or tourist development, with land currently valued at €200/m².
