Set in a tranquil residential area of Peyia, this detached 2-bedroom bungalow sits on an impressive 1,673m² plot, offering privacy, open views of the sea and memorable sunsets. The property was constructed in 1990 and provides approximately 140m² of covered internal space. The layout includes a living and dining area, kitchen, two bedrooms and one bathroom. While the house requires renovation, it presents an excellent opportunity for buyers wishing to upgrade or redesign the property to their own standards. One of the key advantages of this property is the residential planning zone H3, which allows a 60% building density and 35% coverage, with permission for up to two floors and a maximum height of 8.3 metres. This creates strong potential for extension or additional development, subject to the relevant approvals. The plot also features two external wooden structures, currently used as a guest room and storage area. Property Features • Air conditioning • Fireplace • Covered parking • Double-glazed windows • Solar water heating system • Yard and storage space • Sea views • Quiet residential location • Separate Title Deed • No VAT The property is conveniently located just 5 minutes by car from Coral Bay beach and within easy reach of local amenities, making it suitable as a permanent residence, holiday home or investment option.