Villa 120 м² in Coral Bay, Cyprus

1 837 794 $

15 314 $ /м²

4OfAX

Villa 120m² in Cyprus, Coral Bay. Priced at 1596000€ rent photo- #1

Villa 120m² in Cyprus, Coral Bay. Priced at 1596000€ rent photo- #2

Villa 120m² in Cyprus, Coral Bay. Priced at 1596000€ rent photo- #3

Villa 120m² in Cyprus, Coral Bay. Priced at 1596000€ rent photo- #4

Villa 120m² in Cyprus, Coral Bay. Priced at 1596000€ rent photo- #5

Villa 120m² in Cyprus, Coral Bay. Priced at 1596000€ rent photo- #6

Villa 120m² in Cyprus, Coral Bay. Priced at 1596000€ rent photo- #7

Area

120 м²

Bedrooms

Bathrooms

Coral Seas Villa No. 11

is a luxury 4-bedroom 4-bathroom villa is perfect for luxury waterside living. It consists of underfloor heating, landscaped gardens, optional swimming, pergola, sun patio and much more. Coral Seas Villas, is a brand new project by Leptos Estates 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.

Services and facilities

Air conditioner

Garden

Garage/parking

Additional details

Property type

Residential Properties

Object type

Villa

Price

1 837 794 $

Characteristics

Air conditioner

Garden

Garage/parking

Infrastructure

Open pool

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 (1 837 794 $) 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).