PRIME RESIDENTIAL DEVELOPMENT LAND FOR SALE | PEYIA, PAPHOS
17,087 m² | Elevated Sea Views | Residential Zone H3 | 60% Building Density
An excellent investment opportunity for property developers and investors to acquire a substantial 17,087 m² residential development land parcel in Peyia, Paphos.
Located in the Kokkinoyia area, approximately 1 km southwest of Peyia village centre and 2.5 km from the coastline, this impressive property enjoys sea views and views of the surrounding landscape.
The land is flat and situated in an established residential area, surrounded by apartment developments, residential complexes and quality homes. Its substantial size and favourable planning parameters make it an attractive opportunity for a large-scale residential development.
PROPERTY DETAILS & PLANNING PARAMETERS
- Land Area: 17,087 m²
- Location: Kokkinoyia, Peyia, Paphos, Cyprus
- Distance from Peyia Village Centre: Approximately 1 km
- Distance from the Coastline: Approximately 2.5 km
- Planning Zone: H3 (Residential)
- Building Density: 60%
- Building Coverage: 35%
- Maximum Floors: 2
- Maximum Permitted Use: Residential
- Access: Registered asphalt road
- Road Frontage: Approximately 20 metres
- Terrain: Flat land
- Views: Sea views and surrounding area views
KEY INVESTMENT HIGHLIGHTS
- Substantial landholding: 17,087 m² offering scale and flexibility for a residential development project.
- Attractive building density: 60% building coefficient, providing significant development capacity.
- Sea views: Enjoys views towards the Mediterranean Sea and the surrounding landscape.
- Flat terrain: A practical advantage for site planning and development.
- Established residential location: Situated in an area characterised by quality residential developments, apartment complexes and houses.
- Registered road access: Direct access from a registered asphalt road.
- Strategic location: Close to Peyia village centre and within convenient reach of the coastline and the wider Coral Bay area.
Asking Price: €3,300,000 (no subject to VAT)
Contact us for further information, planning details and acquisition terms.
Registered and Licenced Estate Agent MMG PROPERTY PRO REAL ESTATE AGENCY with registration number 771 and licence number 377/E
