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P-0436-S 5 Bedroom Villa for Sale in Coral Bay
Coral Bay Ave 89, Peyia 8575, Cyprus, Pegeia, Cyprus
REF: 839639
€1,100,000
Description
Situated in a prime location in Coral Bay, Paphos is this individually designed and built five bedroom villa that is within a short distance to a plethora of amenities. Generous accommodation with the ground floor comprising of an open plan kitchen/dining and living room that features a bar area. An ensuite double bedroom, guest w/c and and office can also be found on the ground floor. The office could be used as an additional bedroom if desired. Interior and exterior living merge seamlessly with floor-to-ceiling glass doors opening out to covered and uncovered seating areas, landscaped garden, a covered BBQ/outdoor dining area and a tranquil private infinite pool. The entire area makes for a fantastic space for alfresco dining, entertaining and relaxing under the Cyprus sun. A marble staircase acends to the first floor that features a sitting area and three ensuite double bedrooms, with two of the bedrooms benefitting from access to a large balcony that offers additional relaxation space and delightful views. Air conditioning and fly screens can be found throughout this exceptional villa, as well as covered and uncovered private parking. Unforgettable sea views, proximity to the beach and the city, peaceful neighbourhood, modern specifications and unique design all this make this leasehold villa a great piece of investment and a beautiful home to own as a long-term rental, holiday let or permanent residence. Furthermore, the plot can be purchased by discerning buyers if desired. 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.
Situated in a prime location in Coral Bay, Paphos is this individually designed and built five bedroom villa that is within a short distance to a plethora of amenities. Generous accommodation with the ground floor comprising of an open plan kitchen/dining and living room that features a bar area. An ensuite double bedroom, guest w/c and and office can also be found on the ground floor. The office could be used as an additional bedroom if desired. Interior and exterior living merge seamlessly with floor-to-ceiling glass doors opening out to covered and uncovered seating areas, landscaped garden, a covered BBQ/outdoor dining area and a tranquil private infinite pool. The entire area makes for a fantastic space for alfresco dining, entertaining and relaxing under the Cyprus sun. A marble staircase acends to the first floor that features a sitting area and three ensuite double bedrooms, with two of the bedrooms benefitting from access to a large balcony that offers additional relaxation space and delightful views. Air conditioning and fly screens can be found throughout this exceptional villa, as well as covered and uncovered private parking. Unforgettable sea views, proximity to the beach and the city, peaceful neighbourhood, modern specifications and unique design all this make this leasehold villa a great piece of investment and a beautiful home to own as a long-term rental, holiday let or permanent residence. Furthermore, the plot can be purchased by discerning buyers if desired. 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
Coral Bay Ave 89, Peyia 8575, Cyprus, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £915,068 | £946,682 | £31,614 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £915,068 |
| Maximum cost in the last six months | £946,682 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,614 |
Coral Bay Ave 89, Peyia 8575, Cyprus, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £915,068 | £946,682 | £31,614 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £915,068 |
| Maximum cost in the last six months | £946,682 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,614 |
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 £31,614 more.
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