For Sale €4,400,000 - Tourist
The proposed project is located in Coral Bay, a popular tourist resort in the Peyia municipality 6 km North of the city of Paphos. Consisting of drawings for 7 luxurious seafront properties.
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.
The broader area of Coral Bay encloses another beach called Potima Bay, where there are plans underway to build the Marina of Paphos and is overlooked by the proposed plot. Coral bay is a very popular tourist and luxury residential resort destination, with many restaurants, tavernas, and cafes, which are all within walking distance from the plot
- Touristic parcel of land
- Size 4289m2
- 45% building density
- 20% coverage
- 3 floors
- Can build 7, four bedroom villas between 318m2 to 412m2 + verandahs
- Plot Area: 4289 m2
- Coverage Ratio: 20 %
- Build Density: 45 %
- Price: €4,400,000 +VAT