Plot for sale
Coral Bay, Peyia, Paphos, Cyprus
£13,058,240 *
[€15,000,000]
Full 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).
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