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House 187 м² in Coral Bay, Cyprus

819 916 $

4 384 $ /м²

4OThl
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Area

187 м2

Bedrooms

4

Bathrooms

3

Four bedroom villa for sale in Coral Bay, Paphos, Cyprus.

Walking down a dead end street just off Coral Bay's main avenue, you reach this well maintained villa. Unlock the door and enter the warm home which has been recently renovated. The open living room, dining room and kitchen with stone wall are a feature next to the archway that leads to the sleeping quarters. From the archway you enter the office with guest toilet and storage room on one side. On the other side is a guest bedroom with en-suite bathroom and a marble staircase that leads to two other bedrooms with en-suite bathrooms. One bedroom has a shower and the other has a corner tub. Finally, it's time to relax, get some sunshine and entertain your guests/family and friends.... there is no better place than your blooming garden which includes a BBQ area and an attractive blue pool. Furniture, fixtures and fittings are included and the property has Title Deeds.Coral Bay is a popular tourist resort in the municipality of Peyia, 6km north of Paphos town. As the largest village in Paphos, bordering Katikas, Arkosos, Kissonerga and the Akamas Peninsula, there is plenty to do, including swimming at the famous Blue Flag awarded Coral Bay beach with its 600 meter crescent of soft white sand. With many amenities in the Peyia (Coral Bay) area will satisfy most needs. You will find a wide range of restaurants, traditional tavernas and bars to satisfy everyone.

Additional details

Property type

All Types

Object type

House

Price

819 916 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Coral Bay; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Cyprus finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Cyprus takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Coral Bay short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (819 916 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Coral Bay: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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