5 bedrooms Villa in Pegeia, Paphos, Cyprus No. 61223

Located just minutes from the vibrant beaches of Coral Bay, this impressive 5-bedroom villa in Peyia combines rare privacy, generous space, and unbeatable potential in one of Cyprus’s most sought-after areas.

Set on an expansive 3,153 m² plot with 250 m² of covered space, the villa is designed for luxurious living and easy entertaining. Inside, you’ll find a spacious open-plan living and dining area, a fully equipped kitchen, and a convenient ground-floor en-suite bedroom for guests. Upstairs, four additional bedrooms — including a master suite with en-suite — open onto a large balcony with sweeping views of the Mediterranean.

Outdoors, the private swimming pool and vast garden area offer endless possibilities for custom landscaping, outdoor living, and relaxation.

While the villa is nearly complete, it presents an exciting chance for the new owner to add the final touches and truly make it their own. With an estimated investment of €150,000–€200,000, you can finish and personalise this stunning property to match your vision and taste.

Whether you’re looking for a family residence, holiday retreat, or a prime investment, this villa offers timeless value on a rare, large plot in the ever-popular Coral Bay area.

Architectural Plans have been filed with the land registry and full title deeds will be given once the house is completed.

What is important to note is the zoning for this property has recently changed to 20% which means, that there is also possibility to double the building density and add additional villas or expand the current house.