TWO STOREY BUILDING IN PEYIA VILLAGE

WITH TITLE DEED

PRICE REDUCED FROM €680,000 NOW ONLY €340,000

Discover the charm of this two-story building nestled in the vibrant Pegeia Municipality of Paphos District. Boasting a prime location in close proximity to a plethora of amenities, including cafes, restaurants, banks, and supermarkets, this property offers convenience at your doorstep.

It's noteworthy that Pegeia has long been a sought-after tourist destination, promising substantial building development potential. The property seamlessly abuts public roads on both its southwestern and northeastern boundaries, providing a substantial total frontage of approximately 40 meters.

Comprising a well-structured layout, the building includes a ground floor, a first floor, and a basement. The exterior features a traditional stone-built structure, adding character to the property. The total area of the building is approximately 705 sq.m, with the basement covering around 160 sq.m. Additionally, a charming stone-built building occupies 25 sq.m, while uncovered verandas span 80 sq.m. The property sits on a generously sized plot measuring 1290 sq.m.

With a perfect blend of location, size, and potential, this two-story building with a title deed presents a unique opportunity for those seeking a prime investment or a versatile space in the heart of Pegeia Village.

Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.

Peyia is a town in Cyprus with population approximately 10,000 residents. Peyia is situated mainly on the coastal hills inland from Coral Bay, at the southern end of the Akamas Peninsula, and it lies 14 km north of Paphos. It has a good population of British ex-pats and a growing number of holiday and residential homes and apartments. In the town centre can be found a town hall, church, police station and several small shops, restaurants and banks. Due to its amazing hillside location many parts of the town offer Panoramic sea views over Coral Bay and Paphos.

Peyia actually covers a large area stretching from the Peyia Forest on the hills high above the village in the north, to the sea in the south, and from the Bay of Maa in the east to the Akamas Peninsula in the west. However the name is used more frequently in respect to the town.

Peyia, like many other towns in the Paphos region, has a large number of cafes and restaurants. More places to eat are being opening suggesting there is no shortage of demand. These range from taverns, meze houses and traditional cafes, to themed restaurants . The closes traditional village is Kathikas, which again has an impressive range of eateries, and the Vasilikon and Sterna Winery.

Buy Cyprus LTD a leading and esteemed fully accredited Estate Agent, proudly holding registration number 1014 with the Cyprus Real Estate Agents Association and license number 477/E. With nearly three decades of unwavering commitment in the Cyprus and UK real estate markets, Buy Cyprus stands as the epitome of trustworthiness, offering top-tier expert services.

Paphosproperties has seamlessly integrated with Buy Cyprus LTD, becoming an integral part of our number one leading agency. Together, we share in this legacy of excellence, with our unwavering focus on exceeding customer expectations. We ensure that both buyers and sellers receive unparalleled care and dedication, drawing upon our profound understanding of the Cyprus Real Estate Market to provide objective and impartial advice to our esteemed clientele. With utmost transparency, we deliver honest and precise property information, empowering you to make well-informed decisions with absolute confidence.