€4,250,000 €12,143/m²
€1,000,000 Price history

4 Bedroom House for Sale in Pegeia, Paphos District

Pegeia, Paphos district Posted 1 year ago Updated 2 days ago
4Bedrooms
4Bathrooms
350 m²Covered area
3,345 m²Plot
Pre-OwnedCondition
FOX - Paphos Central
FOX - Paphos Central Agency · R.N.:488 L.N.:344/E 1,972 for sale · 71 for rent

About this home

PANORAMA PALACE – THE BEST SEAVIEWS IN CYPRUS
When stepping into the grounds of this unique and luxurious Mansion, one will be
greeted in many various ways by the grandeur of Panorama Palace.
Panorama Palace is a newly renovated luxury Mansion that offers unforgettable
panoramic sapphire coastal sea views and breathtaking “California Sunsets” on the
beautiful west coast of Cyprus.
Built like a Fortress Panorama Palace offers a superior privacy that is unique and
unparalleled for Cyprus which contributes to a truly luxurious & relaxed lifestyle
perfect for Connoisseurs.
From all over the Panorama Palace residence one can enjoy the magical infinity sea
view where the sky goes down into the sea while inhaling the cleanest air in the
entire Mediterranean Sea.
The exceptionally large plot of 3,450 sqm offers up to 7 different exterior terraces
and tiled areas for hosting larger private or corporate events in privacy and with
stunning sea – and mountain views.
All areas and rooms in the Mansion are showered with natural light from the large
windows and shutter doors and the colour scheme throughout the residence is bright
and warm in gentle neutrals of sand and beige creating a soothing interior elegance.
The spacious living room, the dining area and the well-equipped large kitchen area is
inter-connected to a very large and beautiful open space in “Scandinavian Style”.
The 3 extensive upstairs bedrooms are open to a majestic terrace overlooking the
beautiful beaches and coastline of Pafos. The airy master bedroom has a large
ensuite bathroom with a luxurious double shower and a spacious dressing room.
The airy second and third bedroom on the upper floor has their own bathrooms as
well as generous wardrobes. On the ground floor there is a fourth bedroom which can
also serve as a practical office. Close to this 4th bedroom is a bathroom.
There is a large and airy garage that is attached to the laundry room and provides a
practical second entrance to the Mansion.
From the heated magnesium swimming pool, where no chlorine is used and every
bath becomes a health treatment for the body, one can enjoy the seductive sea and
valley views as well as amazing sunsets.
Panorama Palace has been renovated between 2022 – 2025 and is constructed with
the highest building technical standards, and all technical installation systems are
also of the highest quality.
This Mansion is completely self-sufficient with water from its own well and roof
mounted photo voltaic panels produces hot water and electricity. In addition, the pool
is powered by a photovoltaic pump which contributes to exceptionally low overall
operating costs for this large residence.
The Mansion is very well insulated with high-quality windows and sliding door
sections, which helps keep the building cool in the summer and warm in the winter. In
winter, the house's indoor climate is remarkably warm and dry thanks to the water-
based underfloor heating system with individual room control.
Panorama Palace also has a Daikin central air conditioning system that covers all
rooms in the Mansion and contributes to very efficient cooling of the property during
the summer.
The machine room is very spacious and contains all mechanical equipment, pumps
and tanks for the house and pool. The two large air heat pumps are also located next
to the engine room.
Nested in an exclusive and private location Panorama Palace features an advanced
electrical gate system, a burglary system and a video surveillance systems including
smart solar powered outdoor cameras.
The striking outdoor huge living space with its lush backdrop of palm trees, olive
trees, pine trees and bougainvillae is irrigated with a full-coverage automatic irrigation
system.
The entire extensive garden area that is meticulously landscaped with several
beautiful natural stone patios and tiled terraces is perfect for relaxation, sunbathing
and unforgettable sunsets in complete privacy.
The outdoor area also features a large BBQ area, providing a
delightful setting for hosting gatherings, located next to the pool area and with striking
views over Cyprus most beautiful coastline.
The grounds also include a guesthouse with an adjacent BBQ area and a mountain
terrace with a tube that is mounted in the tiled terrace and with views over the
seductive sapphire Mediterranean Sea. The residence also includes and an extensive
large organic garden for vegetables and herbs.
The night views from Panorama Palace overlooking Peiya, Coral Bay and Pafos are
stunning reminding of a Hollywood Mansion with orange-red sunsets.
Panorama Palace is located on a unique, private plot on top of a mountain where it is
not possible to build properties in front of or alongside the property, which is not
uncommon in Pafos that is now developing at a very rapid pace.
This Mansion ensures ideal weather, being above the humidity level with a constant
light sea breeze during summer with its high-altitude location.
Panorama Palace is located just a 10-15-minute drive from Peiya City Centre,
multiple high-quality restaurants, banks, beaches and the best premier private school
in Pafos and other services. Pafos has an international airport with flights to many
international destinations.
Development is now moving quickly in the right direction for Panorama Palace with
hundreds of villas and other services to be built along the mountain road leading to
Panorama Viewpoint.
From the other direction, the construction of the highway to Polis is also approaching
which will significantly improve and shorten communication to Paphos Airport,
Limassol and other parts of Cyprus.
This Mansion border Zone H5 (30 % Building Coefficient and 20 % Coverage). At
next Zone-upgrade this property can be classified Zone H5 becoming residential land
with possibilities to double the building construction areas to 700 sqm.
Pafos has been named the World's Most Liveable Small City in April 2024, according
to a report by Compare the Market AU. The report ranked 7 factors: restaurants,
entertainment options, unemployment rate, rainfall, health index, safety score, and
cost of living. Pafos impressed with its balance of urban offerings and a healthy
lifestyle.

Key Features:
✔ Heated magnesium pool
✔ Full privacy & unobstructed views
✔ Open-plan layout with high ceilings
✔ Premium finishes throughout
✔ Fully furnished & move-in ready
✔ Future zone upgrade potential (H5)
✔ Just 3 km to local amenities, 6 km to beach

Reference
29947
Property type
House
Plot area
3,345 m²
Furnishing
Furnished
Air conditioning
All rooms, Yes

What it will really cost

Asking price€4,250,000
Title transfer fee ~€166,600
Estimated total€4,416,600
Mortgage estimate
Monthly payment

Estimate only. Legal fees, stamp duty and mortgage costs are not included.

Price historyListed 14 Jun 2025 · 1 price change
€1,000,000 since listed
€4.25M €5.25M Jun 2025 Nov 2025 Apr 2026 Today Listed 14 Jun 2025: €5,250,000 10 Dec 2025: €4,250,000
  1. 10 Dec 2025 €4,250,000 €1,000,000
  2. 14 Jun 2025 €5,250,000 Listed

How the price compares

120% above
average

At €12,143/m² compared with an average €5,509/m² across 160 similar listings — 4-bedroom house (pre-owned) in Paphos.

INDEX AI found 1 similar listing
Asking price per m²This home
Average €5,509 This home €12,143
€1,944€7,044€12,143

Same property, other listings Listed 2 times

Location

Pegeia, Paphos district

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