€1,500,000 [Ref. No. P8673]

Paphos, Peyia
Residential Land
Plot: 7,353m²
Building Density: 15%
Covering Factor: 15%
Max floors: 2
Max Height: 8.3m

FOR SALE - €1,500,000 - REF NO. P8673

Residential Land in Paphos, Peyia

This residential land is located in the popular area of Coral Bay, within only 5 minutes walk to The Coral Bay Resorts and to the famous Coral Bay Beach where you can enjoy its crystal clear waters.

The land is close to all amenities and services of the area, such as traditional Cyprus Taverns, pubs, supermarkets, pharmacies, local and international education centers to name but a few.

The plot is suitable for the development of residential properties. All services such as electricity, water and telecommunication are in place.

Land Characteristics:

Building density 15%

Cover Density 15%

Building High 8.3 meters

Floors 2


Airport: 30 min Drive
Beach: Walking distance
Extra Large Plot (700m2+)
Mountain views

Peyia

This is an ideal place to buy, rent or to holiday let as Peyia has it all, and is very self-sufficient, having banks, restaurants, and shops all within walking distance. A combination of beautiful landscapes and some of the best beaches in Cyprus, great food and entertainment all at your doorstep are just some of the few reasons someone would love to live here. All while just being a 15 minute drive away from Paphos city center, or 20 minutes to the airport.  The return on investment for a property in Peyia could be up to a 7% depending on how it is used. Prices in Peyia in comparison to the city center and Kato Paphos tend to roughly be 20%...


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