Residential Land For Sale In Pegeia, Paphos, Cyprus(586 Sq.m) 586m²

Residential Land for Sale in Pegeia, Paphos, Cyprus(586 Sq.m) Locaton: Pegeia is a well-established village situated on the hillside above Coral Bay, offering stunning panoramic views of the Mediterranean Sea. Known for its charming blend of traditional Cypriot character and modern amenities, Pegeia attracts both locals and international buyers. The area is popular with families, retirees, and holidaymakers due to its proximity to pristine beaches, restaurants, shops, and essential services. With easy access to Paphos city center, the international airport, and various cultural and historical sites, Pegeia combines the tranquility of village life with the convenience of urban connectivity. Property Overview: An outstanding opportunity to acquire residential land in the picturesque and highly desirable area of Pegeia, located in the Paphos district of Cyprus. This 586 m² plot is ideal for a variety of development purposes, offering excellent potential for both residential and tourist-related projects. Whether you're looking to build a private villa, boutique apartments, or vacation homes, this land presents the perfect setting to create a high-value property. Price: €350,000 Plot Area: 586 Sq.m Planning Zone: Τ2β (Tourist Zone) Key Zoning Details (Τ2β Zone): This property falls entirely within the Τ2β Planning Zone, designated for tourist and residential development. The zoning parameters are as follows: Affected Percentage: 100% Building Density: 45% Coverage Ratio: 20% Maximum Number of Floors: 3 Maximum Building Height: 10 meters These regulations allow for flexible design and construction options, ensuring ample space for landscaped gardens, parking, and recreational areas while maximizing the development potential. Investment Potential: With its strategic location, generous zoning allowances, and growing demand for quality residential and tourist accommodation in the area, this plot represents a solid investment. Whether for immediate development or long-term land banking, this property in Pegeia offers both lifestyle appeal and financial promise. For more information, planning assistance, or to arrange a site visit, please contact us today.