3 bedrooms Villa in Paphos, Cyprus No. 36710
ID36710
$ 668 843
Property description
Three Bedroom Detached Villa For Sale in Coral Bay, Paphos - Title Deeds (New Build Process)Exclusive beachfront villas located in the majestic Coral Bay area, with modern architectural designs complete with panoramic views. This beach villas embody the ultimate in Mediterranean seafront living in Paphos, Cyprus. Finished to the highest specifications, this contemporary development lies within close proximity to the internationally renowned five-star Coral Beach Hotel and Resort .
Some of these seafront properties feature their own private swimming pools, and are close to the popular sandy beaches of Coral Bay. Designed to bring the outdoors in, all villas feature large and spacious verandas, and sun terraces offering spectacular views of the Mediterranean Sea and beyond. The area itself is one of the most prime real estate locations in Cyprus, set near the water's edge. This property in Paphos is one of only a handful of developments in an area unparalleled in its natural beauty.
- Three bedrooms with fitted wardrobes
- Open plan living - dining area
- Modern fitted kitchen
- Two bathrooms
- Guest W/C
- Provisions for A/C
- Unfurnished
- Private parking
- Private swimming pool - optional
- Internal area 116 m2
- Covered verandas 22 m2
- Uncovered verandas 24 m2
- Plot size 394 m2
- Landscaped gardens
- Close to local amenities
- Close proximity to a number of English speaking private schools
- Walking distance to Coral Bay Beach and its surrounding shops, restaurants and bars
- 29 minutes to the nearest golf course
- 34 minutes to Paphos International Airport
- Suitable for Cyprus Permanent Residency - Fast Track
- Subject to VAT
- Energy Efficiency B
Coral Bay
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 tavernas and bars to accommodate everyone.
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* Title Deeds (New Build Process)
* Exclusive Beachfront Villas
* Fantastic Sea Views
* Suitable for Cyprus Permanent Residency - Fast Track
* Subject to VAT
* Off Plan
* Energy Efficiency B
Coral Bay
Coral Bay
County: Paphos
Sale Type: For Sale
Ref #: LEP009N3
Paphos - Statistics
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| Parameters | Paphos |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 1 008.00 |
| Apartment (1 bedroom) Outside of Centre | $ 753.54 |
| Apartment (3 bedrooms) in City Centre | $ 1 877.92 |
| Apartment (3 bedrooms) Outside of Centre | $ 1 491.29 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 3 340.19 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 2 139.18 |
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| Parameters | Paphos |
|---|---|
| Crime Index | 31.94 |
| Cost of Living and Rent Index | 40.59 |
| Purchasing Power Index | 82.39 |
| Property Price to Income Ratio | 7.41 |
| Safety Index | 68.06 |
| Traffic CO₂ Index | 3990.00 |
| Traffic Inefficiency Index | 108.55 |
| Rent Index | 24.18 |
| Health Care Index | 70.76 |
| Groceries Index | 54.98 |
| Pollution Index | 31.54 |
| Traffic Commute Time Index | 19.38 |
| Restaurant Price Index | 55.10 |
| Climate Index | 96.66 |
| Cost of Living Index | 54.41 |
| Quality of Life Index | 183.95 |
| Traffic Index | 97.36 |
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| Parameters | Paphos |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 16.57 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 66.28 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 8.01 |
| Domestic Beer (0.5 liter draught) | $ 3.31 |
| Imported Beer (0.33 liter bottle) | $ 3.59 |
| Coke/Pepsi (0.33 liter bottle) | $ 1.57 |
| Water (0.33 liter bottle) | $ 0.76 |
| Cappuccino (regular) | $ 3.54 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.63 |
| Loaf of Fresh White Bread (500g) | $ 1.66 |
| Eggs (regular) (12) | $ 3.69 |
| Local Cheese (1kg) | $ 13.36 |
| Water (1.5 liter bottle) | $ 0.91 |
| Bottle of Wine (Mid-Range) | $ 7.46 |
| Domestic Beer (0.5 liter bottle) | $ 1.79 |
| Imported Beer (0.33 liter bottle) | $ 2.50 |
| Cigarettes 20 Pack (Marlboro) | $ 5.52 |
| Apples (1kg) | $ 2.69 |
| Chicken Fillets (1kg) | $ 8.35 |
| Oranges (1kg) | $ 1.86 |
| Potato (1kg) | $ 1.29 |
| Lettuce (1 head) | $ 0.55 |
| Rice (white), (1kg) | $ 2.13 |
| Tomato (1kg) | $ 2.55 |
| Banana (1kg) | $ 1.57 |
| Onion (1kg) | $ 1.06 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 12.24 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.21 |
| Monthly Pass (Regular Price) | $ 55.23 |
| Gasoline (1 liter) | $ 1.54 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 24 578.71 |
| Taxi Start (Normal Tariff) | $ 8.28 |
| Taxi 1km (Normal Tariff) | $ 2.10 |
| Taxi 1hour Waiting (Normal Tariff) | $ 22.09 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 34 060.38 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 181.86 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 29.35 |
| $ 23.05 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 1 849.82 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.80 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 63.52 |
| Tennis Court Rent (1 Hour on Weekend) | $ 20.71 |
| Cinema, International Release, 1 Seat | $ 11.05 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 75.49 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 34.15 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 85.92 |
| 1 Pair of Men Leather Business Shoes | $ 94.82 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 400.13 |
| International Primary School, Yearly for 1 Child | $ 7 431.37 |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
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From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:
- The purchase is made by an individual, not a legal entity.
- The buyer is not going to rent out the acquired property.
- This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.