Investment project in Paphos

This project proposal αφορά a fully licensed residential development for the construction of superior mid-range properties on a 23,000 m² parcel of land situated in Meladia, in the Polis Chrysochous region of Pafos, Cyprus. The land is located on the slopes of the Meladia Hills and benefits from magnificent, panoramic, unobstructed sea views, as well as views of the surrounding forest landscape. The location offers excellent accessibility, being approximately 30 minutes from the International School of Pafos, 40 minutes from Paphos International Airport, 12 minutes from Polis Chrysochous town and Medical Centre, and 15 minutes from Polis Camping Site, the most popular and well-known camping site in Cyprus.

The project, titled “PANORAMA HILLS”, is a well-designed, high-quality private residential complex set in a peaceful natural environment, ideal for permanent residence, retirement living, or holiday retreat use. The development comprises a total of 38 residential units, including villas, semi-detached houses, and maisonettes, and uniquely incorporates a Sporting, Health and Fitness Center, the only facility of its kind in the region. The residential composition includes 21 detached villas with private swimming pools, 6 semi-detached houses with private swimming pools, 4 semi-detached houses without swimming pools, 1 detached villa without a swimming pool, and 6 maisonettes without swimming pools.

The detached three-bedroom villas are developed in two main types. Type A is a two-floor split-level residence comprising on the ground floor a living room, dining area, kitchen, guest WC, covered parking, and covered and uncovered verandas, while the first floor includes a master bedroom with en-suite bathroom, a family bathroom, and two bedrooms, one of which features an uncovered balcony. Type B is a two-floor residence comprising on the ground floor a living room, dining area, kitchen, guest WC, covered parking, and covered and uncovered verandas, while the first floor includes a master bedroom with en-suite bathroom, a family bathroom, and two bedrooms with uncovered balconies. Both villa types include private swimming pools, security and burglar alarm systems, video intercom entrance doors, provisions for central heating, full air conditioning, and satellite reception infrastructure.

This outstanding development opportunity involves the acquisition of the entire 23,000 m² land parcel, which already benefits from a secured planning permit for the project as described. Furthermore, the property offers flexibility for alternative development options, subject to applicable planning regulations, making it an attractive and versatile investment opportunity in one of the most naturally privileged locations of the Pafos district.