Luxury 2 Bed Apartment In Coral Bay, Re-define the luxury of living by the sea

Coral Bay, Paphos, Cyprus

For Sale

€650,000

REF: 951846 €650,000


2

2


80 m2

Description

Luxury 2 Bed Apartment In Coral Bay, Re-define the luxury of living by the sea. Located at the heart of the prestigious Paphos coastline, Coral Residences is a luxurious resort that features 12 villas and 20 apartments, all designed with timeless elegance. From their elevated position on a private and unspoiled beach with a backdrop of mountains, all its exclusive residences enjoy the magnificent frontline sea-view with mesmerizing vistas across the sea providing memorable sunsets in the evening. Set on a prime location next to the vibrant and cosmopolitan city of Paphos, Coral Residences are at close proximity from golden Coral Bay blue-flag beach, whilst they are set to be the only luxury free-hold projects in the region adjoining the planned Paphos Marina, with an expected capacity for 1000 vessels and one of the largest marinas in the island. To add more value to the property, all residents boast a platinum membership to club services, which guarantee a 24-hour security service, reception and distinguished concierge services with reputable operators.

Moreover, both residents and their guests are able to enjoy exclusive facilities, including a fully-equipped gym, a relaxing sauna, and much more This property is perfect as a holiday retreat, as an investment or as a permanent residency. The property is sold with furniture, fixtures and fittings. 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 Peninsular 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 taverns and bars to accommodate everyone. Purple Real Estates are fully registered and licensed with the Cyprus Real Estate Association. PURPLE is home to some of the finest properties in Cyprus. With offices in Famagusta, Larnaca, Paphos our ample portfolio is sure to contain something for everyone.

We have a wide range of property to meet any budget and can assist you whether you are looking for a permanent residence, holiday home or an investment property. From your first contact with Purple you ll be assigned to a specific sales consultant. One whom we feel is appropriate for your needs.

Many members of PURPLE speak excellent English, Russian and Greek, so language will never be an issue. Your Sales Consultant will always be on hand to help you and guide you through the buying process, answering any questions and provide you with anything you may request, for example: Independent advice and recommendations on legal services Liaising with property developers, throughout the construction period if the purchase is off plan Getting quotes for any additional works that you ve asked for from trusted suppliers Guidance with property rental opportunities Be there for any problems that may arise PURPLE will be there from start to finish!
Luxury 2 Bed Apartment In Coral Bay, Re-define the luxury of living by the sea. Located at the heart of the prestigious Paphos coastline, Coral Residences is a luxurious resort that features 12 villas and 20 apartments, all designed with timeless elegance. From their elevated position on a private and unspoiled beach with a backdrop of mountains, all its exclusive residences enjoy the magnificent frontline sea-view with mesmerizing vistas across the sea providing memorable sunsets in the evening. Set on a prime location next to the vibrant and cosmopolitan city of Paphos, Coral Residences are at close proximity from golden Coral Bay blue-flag beach, whilst they are set to be the only luxury free-hold projects in the region adjoining the planned Paphos Marina, with an expected capacity for 1000 vessels and one of the largest marinas in the island. To add more value to the property, all residents boast a platinum membership to club services, which guarantee a 24-hour security service, reception and distinguished concierge services with reputable operators.

Moreover, both residents and their guests are able to enjoy exclusive facilities, including a fully-equipped gym, a relaxing sauna, and much more This property is perfect as a holiday retreat, as an investment or as a permanent residency. The property is sold with furniture, fixtures and fittings. 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 Peninsular 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 taverns and bars to accommodate everyone. Purple Real Estates are fully registered and licensed with the Cyprus Real Estate Association. PURPLE is home to some of the finest properties in Cyprus. With offices in Famagusta, Larnaca, Paphos our ample portfolio is sure to contain something for everyone.

We have a wide range of property to meet any budget and can assist you whether you are looking for a permanent residence, holiday home or an investment property. From your first contact with Purple you ll be assigned to a specific sales consultant. One whom we feel is appropriate for your needs.

Many members of PURPLE speak excellent English, Russian and Greek, so language will never be an issue. Your Sales Consultant will always be on hand to help you and guide you through the buying process, answering any questions and provide you with anything you may request, for example: Independent advice and recommendations on legal services Liaising with property developers, throughout the construction period if the purchase is off plan Getting quotes for any additional works that you ve asked for from trusted suppliers Guidance with property rental opportunities Be there for any problems that may arise PURPLE will be there from start to finish!
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Property on Map

#11899

Currency Exchange

Coral Bay, Paphos, 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 €650,000 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
€650,000 £535,535 £549,959 £14,424
Property Price € €650,000
Minimum cost in the last six months £535,535
Maximum cost in the last six months £549,959
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,424

Coral Bay, Paphos, 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 €650,000 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
€650,000 £535,535 £549,959 £14,424
Property Price € €650,000
Minimum cost in the last six months £535,535
Maximum cost in the last six months £549,959
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,424

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 £14,424 more.

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