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P-0391 3 Bedroom Semi-Detached Villa for Sale in Coral Bay
Morfou, Pegeia, Cyprus
REF: 839555
€480,000
Description
Located within the much sought-after area of Coral Bay, Peyia is this exceptional three bedroom semi-detached villa that is only within a short distance from an abundance of amenities such as local tavernas, bars and shops. The ground floor of the property is comprised of an open plan living/dining and kitchen area, as well as an adjoining guest w/c. Interior and exterior merge seamlessly, with the spacious living area leading out to well sized veranda and tranquil private swimming pool that makes for a perfect space for alfresco dining, entertaining and relaxing with family and friends. The external area also features an outdoor shower and a large garage that makes for an ideal storage area. Stairs lead up to the first floor of the property that is comprised of three inviting bedrooms and a modern family bathroom, with the master bedroom benefitting from an ensuite bathroom. In addition, this outstanding property also includes a large roof terrace and a second guest w/c on the same floor. It is the perfect platform to enjoy stunning sea views. Coupled with the fantastic location of the property with its high standard finish ensures that it would make an great investment as a long-term rental holiday let or even a permanent residence. Coral Bay is a popular tourist resort in the Peyia municipality 6 km north of the city of Paphos. As the largest village in Paphos bordering Kathikas, Akoursos, Kissonerga and the Akamas Peninsula there is plenty to do including swimming at the renowned Blue Flag awarded Coral Bay Beach with its 600m crescent of soft white sand. With the abundance of amenities in the area Peyia (Coral Bay) caters for most needs. You will find a wide choice of restaurants, traditional tavernas and bars to accommodate everyone.
Located within the much sought-after area of Coral Bay, Peyia is this exceptional three bedroom semi-detached villa that is only within a short distance from an abundance of amenities such as local tavernas, bars and shops. The ground floor of the property is comprised of an open plan living/dining and kitchen area, as well as an adjoining guest w/c. Interior and exterior merge seamlessly, with the spacious living area leading out to well sized veranda and tranquil private swimming pool that makes for a perfect space for alfresco dining, entertaining and relaxing with family and friends. The external area also features an outdoor shower and a large garage that makes for an ideal storage area. Stairs lead up to the first floor of the property that is comprised of three inviting bedrooms and a modern family bathroom, with the master bedroom benefitting from an ensuite bathroom. In addition, this outstanding property also includes a large roof terrace and a second guest w/c on the same floor. It is the perfect platform to enjoy stunning sea views. Coupled with the fantastic location of the property with its high standard finish ensures that it would make an great investment as a long-term rental holiday let or even a permanent residence. Coral Bay is a popular tourist resort in the Peyia municipality 6 km north of the city of Paphos. As the largest village in Paphos bordering Kathikas, Akoursos, Kissonerga and the Akamas Peninsula there is plenty to do including swimming at the renowned Blue Flag awarded Coral Bay Beach with its 600m crescent of soft white sand. With the abundance of amenities in the area Peyia (Coral Bay) caters for most needs. You will find a wide choice of restaurants, traditional tavernas and bars to accommodate everyone.
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Currency Exchange
Morfou, Pegeia, 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 €480,000 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 |
|---|---|---|---|
| €480,000 | £397,589 | £412,536 | £14,947 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £397,589 |
| Maximum cost in the last six months | £412,536 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,947 |
Morfou, Pegeia, 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 €480,000 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 |
|---|---|---|---|
| €480,000 | £397,589 | £412,536 | £14,947 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £397,589 |
| Maximum cost in the last six months | £412,536 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,947 |
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 £14,947 more.
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