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P-0539 3 Bedroom Villa & Studio for Sale in Coral Bay, Peyia
Karava, Peyia 8575, Cyprus, Pegeia, Cyprus
REF: 839749
€980,000
Description
Nestled in the exclusive area of Coral Bay, Peyia, Cyprus, this three-bedroom villa offers uninterrupted sea views, providing a prime opportunity for modern coastal living. The ground floor comprises a living and dining area seamlessly integrated with a fully fitted kitchen, offering functional spaces for everyday living. A double bedroom and full bathroom completes this level. Ascending to the first floor, discover two well-sized bedrooms and a family bathroom, with both of the bedrooms sharing a large balcony that offers spectacular sea views. The basement level features a one-bedroom studio and a bathroom, offering additional space for guests or customisation. Outside, the property boasts a large kidney-shaped private swimming pool and a landscaped garden, providing ample space for outdoor relaxation and enjoyment. With potential for modernisation, this villa presents an ideal canvas for creating your own coastal retreat in the sought-after Coral Bay area of Cyprus. 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.
Nestled in the exclusive area of Coral Bay, Peyia, Cyprus, this three-bedroom villa offers uninterrupted sea views, providing a prime opportunity for modern coastal living. The ground floor comprises a living and dining area seamlessly integrated with a fully fitted kitchen, offering functional spaces for everyday living. A double bedroom and full bathroom completes this level. Ascending to the first floor, discover two well-sized bedrooms and a family bathroom, with both of the bedrooms sharing a large balcony that offers spectacular sea views. The basement level features a one-bedroom studio and a bathroom, offering additional space for guests or customisation. Outside, the property boasts a large kidney-shaped private swimming pool and a landscaped garden, providing ample space for outdoor relaxation and enjoyment. With potential for modernisation, this villa presents an ideal canvas for creating your own coastal retreat in the sought-after Coral Bay area of Cyprus. 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
Karava, 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 €980,000 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 |
|---|---|---|---|
| €980,000 | £815,242 | £843,408 | £28,165 |
| Property Price € | €980,000 |
| Minimum cost in the last six months | £815,242 |
| Maximum cost in the last six months | £843,408 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,165 |
Karava, 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 €980,000 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 |
|---|---|---|---|
| €980,000 | £815,242 | £843,408 | £28,165 |
| Property Price € | €980,000 |
| Minimum cost in the last six months | £815,242 |
| Maximum cost in the last six months | £843,408 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,165 |
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 £28,165 more.
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