This modern 7 bedroom villa is a freehold property with comfortable living and dining area, contemporary architecture and is perfect for luxury waterside living

Coral Bay, Paphos, Cyprus

For Sale

€3,060,000

REF: 951894 €3,060,000


7

7


404 m2

638 m2

Description

This modern 7 bedroom villa is a freehold property with comfortable living and dining area, contemporary architecture and is perfect for luxury waterside living. This is a brand new project superbly located on the coastline in a pristine area of picturesque Coral Bay, within walking distance to the 5 Star Coral Beach Hotel and Resort, a 10 minute drive to the cosmopolitan Paphos area to the south east and the Akamas Nature Reserve to the north. It is one of only a handful of developments in an area unparalleled in its natural beauty.

The area is very popular with International holiday makers who are either living permanently in Cyprus or have invested in a holiday home. This unique resort development is on 65,000 sqm of land, located at one of the most sought a?er beach front locations in Cyprus and the Eastern Mediterranean. The development will comprise of around 63 Freehold, luxury detached villas and junior villas, many of them with private swimming pool and with direct access to the sparkling blue waters of the Mediterranean Sea.

A Residents Clubhouse, private pools and gardens, large verandas and patios, ample covered parking and superior interior finishes, are some of the project's features which make these luxurious properties an irresistible opportunity. 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!
This modern 7 bedroom villa is a freehold property with comfortable living and dining area, contemporary architecture and is perfect for luxury waterside living. This is a brand new project superbly located on the coastline in a pristine area of picturesque Coral Bay, within walking distance to the 5 Star Coral Beach Hotel and Resort, a 10 minute drive to the cosmopolitan Paphos area to the south east and the Akamas Nature Reserve to the north. It is one of only a handful of developments in an area unparalleled in its natural beauty.

The area is very popular with International holiday makers who are either living permanently in Cyprus or have invested in a holiday home. This unique resort development is on 65,000 sqm of land, located at one of the most sought a?er beach front locations in Cyprus and the Eastern Mediterranean. The development will comprise of around 63 Freehold, luxury detached villas and junior villas, many of them with private swimming pool and with direct access to the sparkling blue waters of the Mediterranean Sea.

A Residents Clubhouse, private pools and gardens, large verandas and patios, ample covered parking and superior interior finishes, are some of the project's features which make these luxurious properties an irresistible opportunity. 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

#12375

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 €3,060,000 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
€3,060,000 £2,521,134 £2,589,035 £67,901
Property Price € €3,060,000
Minimum cost in the last six months £2,521,134
Maximum cost in the last six months £2,589,035
Fluctuating exchange rates over the last six months could have increased the cost of this property by £67,901

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 €3,060,000 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
€3,060,000 £2,521,134 £2,589,035 £67,901
Property Price € €3,060,000
Minimum cost in the last six months £2,521,134
Maximum cost in the last six months £2,589,035
Fluctuating exchange rates over the last six months could have increased the cost of this property by £67,901

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 £67,901 more.

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