€589,500
Residential Land
Plot: 8362m²
Paphos, Peyia

Residential Land in Peyia For Sale - Ref. BC76283


LARGE RESIDENTIAL FIELD OF 8.362 SQ M IN PEGEIA WITH ELEVATED POSITION VIEWS ROAD ACCESS AND TITLE DEED

 ALL OFFERS MUST BE ON OR ABOVE THE ASKING PRICE TO BE CONSIDERED

This residential field is located in the desirable area of Pegeia in the Paphos District, offering a great opportunity for development or investment. The property enjoys an elevated position with an irregular shape and a sloping surface, providing attractive views of the surrounding area and enhancing its overall appeal.

The field benefits from direct access to a public asphalt road, ensuring ease of access and making it suitable for a variety of residential development options. The surrounding area consists mainly of residential properties, along with undeveloped plots, contributing to a peaceful environment with ongoing growth potential.

Its location provides convenient access to nearby amenities, services, and popular coastal areas, making it ideal for both permanent living and holiday-oriented development.

The property falls within the residential planning zone H5, allowing for low-density development over two floors, which is well-suited for villas or similar residential projects. The property is also subject to VAT.

Characteristics
• Zone: Residential
• Zone Code: H5
• Area: 8,362 sq.m.
• Access: On road
• Adjacent to: 1 road
• Shape: Irregular
• Building density: 30%
• Coverage: 20%
• Maximum floors: 2
• Maximum height: 8.3m
• Deed: Yes

Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.

Peyia village with its wealth of amenities is just 3km away, while Coral Bay with its blue flag sandy beach and excellent array of cafes and restaurants is just a five minute drive.

Peyia is a town in Cyprus with population approximately 10,000 residents. Peyia is situated mainly on the coastal hills inland from Coral Bay, at the southern end of the Akamas Peninsula, and it lies 14 km north of Paphos. It has a good population of British ex-pats and a growing number of holiday and residential homes and apartments. In the town centre can be found a town hall, church, police station and several small shops, restaurants and banks. Due to its amazing hillside location many parts of the town offer Panoramic sea views over Coral Bay and Paphos.

Peyia actually covers a large area stretching from the Peyia Forest on the hills high above the village in the north, to the sea in the south, and from the Bay of Maa in the east to the Akamas Peninsula in the west. However the name is used more frequently in respect to the town.

Peyia, like many other towns in the Paphos region, has a large number of cafes and restaurants. More places to eat are being opening suggesting there is no shortage of demand. These range from taverns, meze houses and traditional cafes, to themed restaurants . The closes traditional village is Kathikas, which again has an impressive range of eateries, and the Vasilikon and Sterna Winery.

Buy Cyprus LTD a leading and esteemed fully accredited Estate Agent, proudly holding registration number 1014 with the Cyprus Real Estate Agents Association and license number 477/E. With nearly three decades of unwavering commitment in the Cyprus and UK real estate markets, Buy Cyprus stands as the epitome of trustworthiness, offering top-tier expert services.

Paphosproperties has seamlessly integrated with Buy Cyprus LTD, becoming an integral part of our number one leading agency. Together, we share in this legacy of excellence, with our unwavering focus on exceeding customer expectations. We ensure that both buyers and sellers receive unparalleled care and dedication, drawing upon our profound understanding of the Cyprus Real Estate Market to provide objective and impartial advice to our esteemed clientele. With utmost transparency, we deliver honest and precise property information, empowering you to make well-informed decisions with absolute confidence

 

Airport 20 mins Drive
Amenities: 5 Mins Drive
Full Title Deeds
Golf: 10 Min Drive
International School 10 minutes
Plus VAT
Residential zone
Road access
Town: 10 min drive

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TRANSFER FEES

Transfer fees are not applicable to new properties or land that are subject to VAT.
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