€ 27 000 000
€ 936 / sqm
+ VAT
28843m2 Land in Pegeia, Paphos, Cyprus No. 60607
28 843 sq.m.
Square
Parameters
Property Description
Nestled between the Coral Beach Hotel and Resort and Cap St. George Beach Club Resort in Peyia, Paphos, this pristine 28,843 m² coastal plot is one of the last remaining developable plots of this size along the coastline.
Adjacent to approximately 70,000 m² of seafront government land, this plot offers unparalleled, unobstructed views and exceptional development potential. The strategic land layout and the option for unification provide flexibility for a range of projects, allowing for the construction of one or more hotels, tourist villages, or a mixed-use development.
Major Developments and Landmarks in the Area:
- Coral Beach Hotel and Resort
- Cap St. George Hotel and Resort
- Coral Bay Beach
- Sea Caves
- Paphos Marina
Investment Opportunity:
- Luxury Hotel
- Tourist Village
- Condo Hotels
Planning Zone
The authorities have informed, that the new zoning is expected to be published within the next 6-12 months. The whole area, including the three plots, have been proposed, by the local authorities, to be part of the tourist zone (T2b).