Situated in a prime location within the wider Pegeia Municipal center, this large residential plot extends to approximately 1,866 sq.m. Rectangular in shape with a flat surface, the plot is easily accessible via a registered road, featuring a total frontage of about 6.5m. The property is conveniently located approximately 2.5km from the Coral Bay meaning that it is offering excellent access to local amenities and popular destinations. Falling within Zone H2, the plot benefits from a building density of 90% and a coverage factor of 50%, allowing for a total construction area of up to approximately 1,679 sq.m. and covered structures up to 933 sq.m. Development is permitted for up to two floors with a maximum height of 8.3m. This property presents an exceptional opportunity for residential development, with the added advantage of a separate title deed for immediate transfer.