The project is mixed use.
It consists a Deluxe boutique hotel, 5* standard, on the beach with 92 rooms , and a 9 floor residential freehold building with 18 apartments.
The land is registered on an SPV and has planning permit which was granted to us very recently.
The SPV consists the land, all the licenses, architectural, environmental, structural studies e.t.c, and obligations (fees of around 700k for the purchase of green area, 70k to the local Council, around 600k from listed buildings. These compensatory measures will be paid by the investor with the issuance of the building permit)


For sale: A rare opportunity to acquire a large development land plot of 12,998 m² in the sought-after area of Pyla. This expansive plot offers exceptional potential for residential or commercial development, making it an ideal choice for investors and developers.

Pyla is a vibrant and up-and-coming area known for its peaceful atmosphere and welcoming community. With easy access to beautiful sandy beaches and just a short drive from lively city life, Pyla perfectly balances relaxation and convenience. The location is highly desirable, with excellent proximity to the highway, allowing for quick connections to nearby towns and services. Everyday amenities, such as shops, restaurants, and schools, are close by, providing everything needed for comfortable living.

This plot stands out for its panoramic sea views and direct sea front position. Enjoy unobstructed vistas of the sparkling coastline, making it a unique offering in the area. The generous size of the land allows for a wide range of development options, all surrounded by natural beauty.

Don't miss this excellent investment opportunity. For more information or to arrange a viewing, contact Kazo Real Estate today.