For Sale €4,700,000 - Residential
Coral Bay is a popular tourist resort in the Peyia municipality 6 km North of the city of Paphos.
The coast to the north and to the south of Coral Bay is characterized by rocky headlands and sea caves, Coral Bay itself is a 600m crescent of soft white sand, enclosed by a pair of limestone headlands.
Coral Bay beach carries an EU Blue Flag certification which means that it adheres to all standards, rules and regulations required by the relevant committee of the European Union.
The broader area of Coral Bay encloses another beach called Potima Bay. It is situated about 1.5 km / 1 mile away bordering the boundaries of Kissonergaa village.
Coral bay is a very popular tourist resort destination, with many restaurants, tavernas, and cafes, it appeals to families visting from all over the world, however mainly from the UK, Germany, Russia, Jordan and Israel.
- Touristic parcel of land
- Size 15,887 m2
- 45% building density
- 20% coverage ratio
- 3 floors
- Can build 32, three bedroom villas of 130m2 + verandahs
- Plot Area: 15887 m2
- Coverage Ratio: 20 %
- Build Density: 45 %