Villa in Peyia

5372, Cyprus

For Sale

€1,700,000

REF: 795936 €1,700,000


4

3

494 m2

Description

Luxurious villa located in a gated community located in the heart of Peyia, Paphos with magnificent view to Coral Bay resort. The complex offers an array of facilities and amenities such as a fascinating orchard with unique plants and trees, a big multifunctional playground and a private clubhouse.

The complex is completely secure as the entrance group is equipped with automatic gates and the township is equipped with an intelligent security system. Each villa offers high quality interiors, High class energy efficient sliding doors and windows, High class kitchen furniture and wardrobes, Wooden parquet floors in bedrooms, and a Smart garden irrigation system.

The villa is comprised of a basement, ground and first floor. It consists of four multifunctional rooms, three bathrooms, a kitchen, living room and dining room. Externally the villa offers a garden, private swimming pool, BBQ and covered parking. Built area with basement: 246 sqm Covered Terrace: 62 sqm Total covered area: 307 sqm Roof Garden: 36 sqm Uncovered Area: 150 sqm Plot: 727 sqm Total villa area: 494 sqm ENGINEERING Water heated oors Central VRF air-conditioning Provision for photovoltaic system Provision for swimming pool heating pump installation High standard sanitary Sanitaryware from top world brands manufacturers Provision for smart technologies Price+VAT Delivery Date: February 2024 Peyia, located on the southwestern coast of Cyprus, offers a multitude of reasons to consider investing in property within its charming and vibrant community.

Firstly, Peyia benefits from its stunning natural surroundings. Situated on a hillside overlooking the Mediterranean Sea, the area offers breathtaking panoramic views and a pleasant climate characterized by mild winters and long, warm summers. The picturesque landscapes, including rugged cliffs, golden beaches, and lush greenery, create a serene and idyllic setting for residents to enjoy.

The village of Peyia itself has a traditional and welcoming atmosphere, with narrow streets, quaint houses, and local shops. It retains its Cypriot character and offers an authentic Mediterranean experience. Peyia is also in close proximity to the popular Coral Bay, known for its beautiful sandy beaches and crystal-clear waters.

These pristine beaches provide a perfect escape for relaxation, sunbathing, and water sports. Additionally, Peyia offers a range of amenities and facilities to cater to residents' needs. The village has a selection of supermarkets, restaurants, cafes, and other essential services. For a wider variety of options, the bustling town of Paphos is just a short drive away, offering an abundance of shopping centers, entertainment venues, international schools, and healthcare facilities.

Peyia is also an excellent choice for nature lovers and outdoor enthusiasts. The area is surrounded by the stunning Akamas Peninsula, a protected nature reserve famous for its diverse flora and fauna, hiking trails, and natural beauty. Exploring the Akamas Peninsula allows residents to experience the unspoiled wilderness of Cyprus and enjoy activities such as hiking, cycling, and birdwatching.

Another significant advantage of investing in Peyia is its strong rental potential. The village attracts a large number of tourists and holidaymakers throughout the year due to its appealing location and amenities. This presents an opportunity for property owners to generate a steady income by renting out their properties, particularly during the peak holiday seasons.

Furthermore, Peyia provides a range of property options to suit different preferences and budgets. From luxurious villas with private pools and gardens to modern apartments and townhouses, there is a diverse selection of real estate choices available. Whether you are looking for a holiday home, a retirement retreat, or a long-term investment, Peyia offers something for everyone. Lastly, investing in Peyia offers the potential for capital appreciation.
Luxurious villa located in a gated community located in the heart of Peyia, Paphos with magnificent view to Coral Bay resort. The complex offers an array of facilities and amenities such as a fascinating orchard with unique plants and trees, a big multifunctional playground and a private clubhouse.

The complex is completely secure as the entrance group is equipped with automatic gates and the township is equipped with an intelligent security system. Each villa offers high quality interiors, High class energy efficient sliding doors and windows, High class kitchen furniture and wardrobes, Wooden parquet floors in bedrooms, and a Smart garden irrigation system.

The villa is comprised of a basement, ground and first floor. It consists of four multifunctional rooms, three bathrooms, a kitchen, living room and dining room. Externally the villa offers a garden, private swimming pool, BBQ and covered parking. Built area with basement: 246 sqm Covered Terrace: 62 sqm Total covered area: 307 sqm Roof Garden: 36 sqm Uncovered Area: 150 sqm Plot: 727 sqm Total villa area: 494 sqm ENGINEERING Water heated oors Central VRF air-conditioning Provision for photovoltaic system Provision for swimming pool heating pump installation High standard sanitary Sanitaryware from top world brands manufacturers Provision for smart technologies Price+VAT Delivery Date: February 2024 Peyia, located on the southwestern coast of Cyprus, offers a multitude of reasons to consider investing in property within its charming and vibrant community.

Firstly, Peyia benefits from its stunning natural surroundings. Situated on a hillside overlooking the Mediterranean Sea, the area offers breathtaking panoramic views and a pleasant climate characterized by mild winters and long, warm summers. The picturesque landscapes, including rugged cliffs, golden beaches, and lush greenery, create a serene and idyllic setting for residents to enjoy.

The village of Peyia itself has a traditional and welcoming atmosphere, with narrow streets, quaint houses, and local shops. It retains its Cypriot character and offers an authentic Mediterranean experience. Peyia is also in close proximity to the popular Coral Bay, known for its beautiful sandy beaches and crystal-clear waters.

These pristine beaches provide a perfect escape for relaxation, sunbathing, and water sports. Additionally, Peyia offers a range of amenities and facilities to cater to residents' needs. The village has a selection of supermarkets, restaurants, cafes, and other essential services. For a wider variety of options, the bustling town of Paphos is just a short drive away, offering an abundance of shopping centers, entertainment venues, international schools, and healthcare facilities.

Peyia is also an excellent choice for nature lovers and outdoor enthusiasts. The area is surrounded by the stunning Akamas Peninsula, a protected nature reserve famous for its diverse flora and fauna, hiking trails, and natural beauty. Exploring the Akamas Peninsula allows residents to experience the unspoiled wilderness of Cyprus and enjoy activities such as hiking, cycling, and birdwatching.

Another significant advantage of investing in Peyia is its strong rental potential. The village attracts a large number of tourists and holidaymakers throughout the year due to its appealing location and amenities. This presents an opportunity for property owners to generate a steady income by renting out their properties, particularly during the peak holiday seasons.

Furthermore, Peyia provides a range of property options to suit different preferences and budgets. From luxurious villas with private pools and gardens to modern apartments and townhouses, there is a diverse selection of real estate choices available. Whether you are looking for a holiday home, a retirement retreat, or a long-term investment, Peyia offers something for everyone. Lastly, investing in Peyia offers the potential for capital appreciation.
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Currency Exchange

5372, Cyprus

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,700,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€1,700,000 £1,408,127 £1,461,065 £52,938
Property Price € €1,700,000
Minimum cost in the last six months £1,408,127
Maximum cost in the last six months £1,461,065
Fluctuating exchange rates over the last six months could have increased the cost of this property by £52,938

5372, Cyprus

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,700,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€1,700,000 £1,408,127 £1,461,065 £52,938
Property Price € €1,700,000
Minimum cost in the last six months £1,408,127
Maximum cost in the last six months £1,461,065
Fluctuating exchange rates over the last six months could have increased the cost of this property by £52,938

The exchange rate on the day you make an offer on your property in Cyprus will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £52,938 more.

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