Property 8560 Pegeia, Paphos / LIM-PAF-32789

Prime 40,630 m² Investment Estate Overlooking the New Paphos Marina

The Opportunity:

• Seize a rare opportunity to acquire a massive, contiguous land parcel positioned in the most strategic growth corridor of Paphos.
• Located on the elevated slopes of Peyia, this 40,630 m² estate offers unobstructed, 180-degree panoramic views of the Mediterranean and the site of the upcoming Paphos Marina at Potima Bay.

Strategic Importance:

• With the 2026 advancement of the Paphos Marina—a 1,000-berth mega-project—land in this immediate perimeter is transitioning from simple acreage to high-value development assets.
• This property is perfectly suited for a flagship "Special Purpose" project designed to serve the high-net-worth demographic arriving with the Marina.

Investment Potential:

The vast scale of the plot allows for a variety of landmark developments (subject to planning permits by deviation):

• • Exclusive Medical/Wellness Clinic: Capitalizing on the demand for private healthcare near the Marina.
• • Luxury Senior Living Resort: A high-demand sector for European expats.
• • Boutique Retreat or Cultural Center: Blending luxury with the natural beauty of the Peyia hills.

Key Specifications:

• • Land Area: 40,630 m²
• • Zone: Γ3 (Agricultural with significant development potential for large-scale projects)
• • Building/Coverage: 10% / 10%
• • Title Deeds: Clean & Available
• • Ownership Structure: Held via a Special Purpose Vehicle (SPV).
• A share transfer option is available, offering a tax-efficient acquisition with potential savings on VAT and Transfer Fees.

Location Advantage:

• Enjoy the serenity of the Peyia hills while being just 1.6 km from the coast and minutes away from the vibrant Coral Bay and the future Marina hub.
• FAQ (Frequently Asked Questions)
• Q: Is the land currently buildable? A: As a Γ3 zone plot over 40,000 m², it qualifies for a single large residence by right.
• For commercial projects like a clinic or retreat, a "Planning Permit by Deviation" is required.
• The property’s size and proximity to residential zones make it a strong candidate for such approvals.
• Q: What is the benefit of the SPV (Company) structure? A: Buying the shares of the company that owns the land instead of the land itself can be highly advantageous.
• It may allow the buyer to avoid the 19% VAT and standard Land Registry transfer fees, representing a combined saving of over €600,000.
• Q: How does the new Paphos Marina affect the value? A: The Paphos Marina at Potima is the most significant infrastructure project in the region.
• Properties with direct views and close proximity are seeing rapid appreciation as the project moves into construction in 2026.
• This plot is positioned as a "front-row" investment.
• Q: Is there road access? A: The land currently requires the registration of a "Right of Way." Under Cyprus Law (Cap.
• 224), a landlocked owner has the legal right to secure access through neighboring plots to the nearest public road, a standard procedure for large developments.
• Q: Can a foreign investor buy this property? A: Yes.
• Non-EU citizens can acquire land in Cyprus, and buying via an SPV (Company) often simplifies the process for international investors.