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D-0938-B 1 Bedroom Apartment for sale in Coral Bay, Peyia
Pegeia, Cyprus
REF: 839701
€206,000
Description
This modern apartment is nestled on the outskirts of Paphos Town in the enchanting Coral Bay. The property offers a lifestyle of unparalleled sophistication and contemporary elegance. Meticulously designed with a keen eye for detail, these residences stand as a testament to architectural finesse, blending modern aesthetics with the warmth of a Mediterranean atmosphere. The development provides easy access to the crystal-clear waters of the sea, inviting residents to embrace a coastal living experience enriched by the beauty of the surrounding landscape. The communal swimming pool and meticulously landscaped gardens create spaces for relaxation and socializing, while the nearby Coral Beach Resort and Spa, archaeological sites, and blue flag awarded beaches beckon exploration. The thoughtful integration of these elements fosters a sense of community while allowing residents to enjoy the serenity of their private retreats. This one bedroom, one bathroom property offers open plan living and dining area with separate kitchen, bedroom and bathroom. A large veranda completes this property. 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.
This modern apartment is nestled on the outskirts of Paphos Town in the enchanting Coral Bay. The property offers a lifestyle of unparalleled sophistication and contemporary elegance. Meticulously designed with a keen eye for detail, these residences stand as a testament to architectural finesse, blending modern aesthetics with the warmth of a Mediterranean atmosphere. The development provides easy access to the crystal-clear waters of the sea, inviting residents to embrace a coastal living experience enriched by the beauty of the surrounding landscape. The communal swimming pool and meticulously landscaped gardens create spaces for relaxation and socializing, while the nearby Coral Beach Resort and Spa, archaeological sites, and blue flag awarded beaches beckon exploration. The thoughtful integration of these elements fosters a sense of community while allowing residents to enjoy the serenity of their private retreats. This one bedroom, one bathroom property offers open plan living and dining area with separate kitchen, bedroom and bathroom. A large veranda completes this property. 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
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 €206,000 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 |
|---|---|---|---|
| €206,000 | £171,367 | £177,288 | £5,920 |
| Property Price € | €206,000 |
| Minimum cost in the last six months | £171,367 |
| Maximum cost in the last six months | £177,288 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,920 |
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 €206,000 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 |
|---|---|---|---|
| €206,000 | £171,367 | £177,288 | £5,920 |
| Property Price € | €206,000 |
| Minimum cost in the last six months | £171,367 |
| Maximum cost in the last six months | £177,288 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,920 |
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 £5,920 more.
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