Development Land for sale in Pegeia, Paphos

Information from owner
A rare and strategic 3,011 m² residential holiday housing field in the Paphos district, offering breathtaking, unobstructed panoramic views of both the mountains and the sea. Beyond its serene natural setting and low-density charm, this asset carries exceptional upside potential, featuring a high probability of future building density increases—making it a premier play for forward-thinking investors and developers looking to maximize capital growth.
Property & Planning Details
Land Type: Field
Plot Type: Residential (Zone Π1 / Holiday House Area - Παραθεριστικη Κατοικια)
Total Plot Area: 3,011 m²
Building Density: 15% (0.15) (High probability of future upzoning)
Coverage Ratio: 15% (0.15)
Maximum Height: 8.3 meters
Allowed Stories: 2
Key Features & Investment Upside
Views: Spectacular, permanent Mountain and Sea Views.
High-Upside Potential: Positioned in an area with a strong outlook for planning zone revisions, offering significant potential for future capital appreciation as density limits scale upward.
Development Flexibility: Ideal for a bespoke luxury retreat right now, with substantial future value expansion baked into the land asset.