Details

Updated on September 4, 2026 at 2:27 pm

Property ID LD34299
Price €1,100,000
Property Size 5779 sqm
Type Agricultural Land
Property Status For Sale
Condition Resale

Description

🌿 Prime Land Holding in One of Pegeia’s Most Strategic Locations

Introducing a rare opportunity to acquire 5,779 sqm of agricultural land in the highly desirable Pegeia area, positioned within a peaceful natural landscape yet close to key amenities, beaches, and major development zones. This asset stands out not only for its size and location, but for its strategic planning potential, offering investors a unique value‑add opportunity.

Currently designated under Planning Zone Z1, the land benefits from protection zoning, ensuring privacy, low‑density surroundings, and long‑term environmental value. Crucially, the area has demonstrated strong precedent for zoning upgrades, giving this parcel real potential for future conversion to Touristic Zone, significantly enhancing its development capacity and market value.

📐 Property Details

Plot Size: 5,779 sqm
Planning Zone: Z1
Current Use: Agricultural / Protection
Potential: Future re‑zoning to Touristic (subject to planning authority approval)

🏗 Zoning Parameters (Z1 Zone)

Planning Zone	Affected %	Building Density	Coverage	Floors	Max Height
Z1	100%	6%	6%	2	8.3 m

✨ Key Investment Highlights

Large 5,779 sqm land parcel in a high‑demand area
Z1 protection zone ensuring privacy and natural surroundings
Strong potential for future zoning upgrade to Touristic, unlocking substantial development value
Ideal for long‑term land banking, eco‑tourism concepts, or strategic investment
Located in one of Pegeia’s most attractive growth corridors
Close to beaches, amenities, and major residential and touristic developments

📍 Location Advantages

Situated in Pegeia, one of Paphos’ most sought‑after municipalities
Short drive to Coral Bay, Sea Caves, and Akamas Peninsula
Surrounded by a mix of residential and undeveloped land parcels
Easy access to main road networks and nearby services

This location offers a blend of tranquillity, natural beauty, and strategic proximity to Paphos’ most popular coastal destinations—making it ideal for both lifestyle and investment‑driven buyers.

💼 A Strategic Land Asset with Future Upside

With its sizeable land area, protected zoning, and clear potential for future touristic re‑zoning, this property represents a high‑value opportunity for investors seeking long‑term capital appreciation in one of Cyprus’ strongest real estate markets.