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P-0513 3 Bedroom Villa for Sale in Coral Bay, Peyia
Kytraias, Peyia 8575, Cyprus, Pegeia, Cyprus
REF: 839692
€450,000
Description
Located within the sought-after resort area of Peyia, Coral Bay is host to this exceptional three bedroom villa that is closeby to a number of local amenities, such as restaurants, bars and beaches. Generous accommodation with the ground floor comprising of an open plan living/dining that benefits from a diesel fireplace and fully fitted kitchen. A guest w/c completes this level. Interior and exterior living merge effortlessly, with the spacious living area opening out to the veranda and heated private swimming pool. This area offers an abundance of space for alfresco dining, entertaining and relaxing with family and friends. Ascending stairs lead up to the first floor that hosts a well sized family bathroom and three double bedrooms that benefit from fitted wardrobes. Two of the bedrooms also benefit from access to a large balcony that offers ample relaxation space and breathtaking sea views. Air conditioning and blinds can be found throughout the property, plus the property benefits from a gated driveway. Viewing this outstanding villa is highly encouraged as this will make an excellent investment as a long-term rental, holiday let or 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 sought-after resort area of Peyia, Coral Bay is host to this exceptional three bedroom villa that is closeby to a number of local amenities, such as restaurants, bars and beaches. Generous accommodation with the ground floor comprising of an open plan living/dining that benefits from a diesel fireplace and fully fitted kitchen. A guest w/c completes this level. Interior and exterior living merge effortlessly, with the spacious living area opening out to the veranda and heated private swimming pool. This area offers an abundance of space for alfresco dining, entertaining and relaxing with family and friends. Ascending stairs lead up to the first floor that hosts a well sized family bathroom and three double bedrooms that benefit from fitted wardrobes. Two of the bedrooms also benefit from access to a large balcony that offers ample relaxation space and breathtaking sea views. Air conditioning and blinds can be found throughout the property, plus the property benefits from a gated driveway. Viewing this outstanding villa is highly encouraged as this will make an excellent investment as a long-term rental, holiday let or 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
Kytraias, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £374,346 | £387,279 | £12,933 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £374,346 |
| Maximum cost in the last six months | £387,279 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,933 |
Kytraias, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £374,346 | £387,279 | £12,933 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £374,346 |
| Maximum cost in the last six months | £387,279 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,933 |
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 £12,933 more.
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