For Sale €4,900,000
Ref. No. L-100273
Paphos, Peyia
Residential Land
Plot: 11372m²
Blue Sky Properties
Call Tel. +357 25 760781
Fax. : +357 25 760 780

For Sale Residential Land in Peyia for €4,900,000

This unique square shape plot of land located in the tourist resort are of Pegia, Paphos, appeals to be a high return choice for a potential strategic investor in Paphos, Cyprus.11.372 sq.m, building density: 45% + 20%( Cyprus Gvt Incentives for tourist investments), 20% coverage ratio, and flexible floor allowance so as to take advantage of the bonus building density, for erecting a luxury 4 star hotel.Paphos, attracts the great majority of country's incoming tourism, more than 40%.  Paphos district, enjoys islands' first place in absolute numbers of 5 and 4 star hotels due to the high quality of tourism attracted, attributed to the holiday resort and the spectacular countryside nearby characteristics.Unique investment opportunity for buying strategically positioned land to erect a 4 star hotel in the cosmopolitan holiday resort tourist area of Pegia, Paphos.
Price Plus VAT