Prime Coastal Development Opportunity in Paphos Joint Venture Partnership Invitation – Lakki–Geroskipou

A rare opportunity to partner on a premium coastal development in one of Paphos’ most sought-after locations. This 5,603 m² seafront-adjacent plot in the Lakki–Geroskipou area offers exceptional potential for a luxury residential project and is now available for collaboration with reputable international developers.

Key Property Highlights

Plot size: 5,603 m² (clean area, officially approved land division)

Zoning: T5β Residential

Building density: 30% + 1.5% photovoltaic allowance

Coverage: 20%

Max height: 8.3 m (2 floors)

Planning Application submitted: No. 104543 – Proposal for 12 detached luxury villas

Photovoltaic system approval in place

Direct access to a public road

Walking distance to the coastline

Strategic Advantages

One of the very few remaining coastal plots available in Paphos suitable for luxury residential development.

Located in the rapidly developing Lakki–Geroskipou coastal area, close to the sea and key amenities.

The plot falls within the revised Paphos Local Plan review, offering potential future upgrades in development parameters (e.g., increased density or zoning enhancement).

Future Development Potential

A reserved rear section of the land has been intentionally left undeveloped.
If zoning upgrades are approved, this area may support:

Low-rise apartment buildings

Higher-density residential units

A second phase expansion with strong investment returns

Partnership Proposal

The landowner is seeking a Joint Development Partnership (JDP):

Owner contributes the land

Development partner undertakes construction and financing

Unit allocation or profit-sharing structure to be agreed mutually

This is an exceptional opportunity for experienced developers seeking a landmark project in a high-demand coastal area of Paphos.
For further details, plans, or to arrange a meeting, please contact us.