We proudly present a unique parcel of Land, which expands to 23,746 m² and boasts majestic Panoramic Views of the Sea and Mountains. Situated on the coastal hill of Pegeia inland from Coral Bay, Paphos district and at the southern end of Pikni Forest and Akamas Peninsula, the asset lies c. 3 km northeast of the prestigious Sea Caves area of Agios Georgios.
It provides easy access to the nucleus of the Municipality, where major amenities and services can be found. From public Schools and pharmacies, to local shops, taverns and restaurants, as well as the Town Hall, Paphos Zoo, archaeological sites, a monument of natural beauty (Avakas Gorge), a sightseeing spot, the famous shipwreck EDRO III and many more.
The asset benefits with road frontage of approx. 120 m on its southwestern boundary. It has a surface slightly moving downhill and falls within 2 Town Planning Zones:
H5 (Residential) 70%: with building density coefficient 30%, coverage coefficient 20% in 2 floors and 8.30 metres height.
Z3 (Protection) 30%: with building density coefficient 1%, coverage coefficient 1% in 1 floor and 5 metres height.
The immediate area mainly consists of undeveloped parcels of Land and some residential developments further away. A stunning setting ideal for development of holiday homes.
There is Town Planning Permit valid for the current year.
Do not hesitate to contact us for further information.