Land Development Opportunity with House in Pegeia, Paphos

€950,000
31749

Overview

  • Bedrooms 5
  • Bathrooms 4
  • Toilets 5
  • Parking spaces 2
  • Share 34
  • Covered 328 m²
  • Covered veranda 46 m²
  • Uncovered veranda 153 m²
  • Plot 18,312 m²

Exceptional Land Development Opportunity in Pegeia, Paphos. The property for sale concerns a 34% undivided share, corresponding to 6,221sq.m. of the total land area of 18,312sq.m., with an existing residence. Property Highlights: • Land Area: 6,221sq.m. (34% undivided share of 18,312sq.m.) • Existing Building: Residence with a total covered area of 328sq.m. • Development Potential: Large landholding in a sought-after area, offering excellent long-term investment prospects (subject to obtaining the necessary planning permissions). Existing Residence: • Ground Floor: Entrance hall, multiple living and sitting areas, formal dining room, two kitchens, two bedrooms, an office, two bathrooms, and a shower/toilet. • Upper Floor: Two bedrooms and one bathroom • Additional Features: Landscaped gardens and a private swimming pool Location: • Approximately 950m from Saint George Harbour • Approximately 1km from the coastline The property falls within Residential Zone Η6, allowing for a building density of 20%, coverage of 200%, and permission for 2 floors (8.3m) of construction. No Distribution Agreement in Place. Energy Category: D

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