Residential Land in Pegeia –  Coral Bay

Set within a mature residential area surrounded by quality homes, the plot benefits from excellent access to Coral Bay Avenue, sandy beaches, restaurants, cafés, supermarkets, and essential services. The area is renowned for its year‑round appeal, strong demand, and premium property values, making this an ideal choice for both private use and long‑term investment.

📐 Development Potential

With a 15% building density and 15% coverage, the land allows for the construction of an elegant two‑storey residence (or residences) up to 8.3m in height, ensuring generous internal spaces while maintaining the area’s low‑density, upscale character. The size and shape of the plot offer flexibility in design, privacy, and landscaping options including large gardens, pool areas, and outdoor entertainment spaces.

✨ Key Features

• Residential plot of 4,212 sqm
• 15% building density
• 15% coverage
• 2 floors permitted
• Maximum height: 8.3m
• Ideal for a luxury villa or boutique residential development
• Peaceful, established neighbourhood
• Minutes from Coral Bay Beach, amenities, and public services
• Strong investment potential in a high‑demand coastal area

A standout opportunity in one of Paphos’ most desirable residential zones. Perfect for developers, investors, or private buyers seeking a premium location near the sea.