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New development with villas, swimming pools and green spaces in Pegia

New development with villas, swimming pools and green spaces in Pegia

25.02.2023

The municipality of Peguia has been enriched with a new residential complex, which has already received a green light from the Department of the Environment. We are talking about “Nio Villas”, which concerns the construction of six villas, each of which will include its own pool.

In particular, we are talking about building with a total area of 4,625 sq.m. and with an estimated total cost of 1.7 million euros, and the owner company is Tinomiron Ltd.

According to the environmental study presented by the company that owns the project, the proposed development will consist of six residential buildings with an area of 140 sq.m. each, and it is estimated that they can accommodate six people in an apartment. Residences will consist of two floors. The living room and kitchen will be on the first floor, and the bedrooms on the second.

Also, each residence will have its own swimming pool with a capacity of 40 m3, as well as two parking spaces (for each residence).

The entire development will have green spaces with a total area of 401.5 sq.m. as well as private green areas of 900 sq.m.

The residences are expected to be equipped with air conditioning, heating, lighting, water supply and irrigation, electrical and electronic equipment to maximize energy savings. In addition, it will be possible to install photovoltaic panels on the roof of the residence.

Construction work will start in March 2023 and end in July 2024. The Environmental Protection Agency, according to the conclusion, does not object to the implementation of the project under certain conditions. It is noted that the project under consideration is located at a great distance from the nearest protected areas of the Natura 2000 network.

Source and photo: inbusinessnews.reporter.com.cy, Editor estateofcyprus.com

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