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Cyprus Property Blog by Cleo

Buying Property in Cyprus is a great investment choice and we discuss various aspects.

Price Reduced on Luxury Villa in Coral Bay - NOW SOLD!

1-Coral-Bay-Luxury-Villa-Paphos-Cyprus
Coral Bay Villa with Stunning Views

• 400 sq. m., 6 bath, 6 bdrm 3 story - 1,695,000 EUR - Reduced from 2.5 million - NOW SOLD!

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Situated on the hillside overlooking Coral Bay and the site of the new marina, this luxury 6 bedroom residence enjoys the most fantastic sea and mountain views. The accommodation is on three levels, and the living areas and bedrooms are particularly spacious. With the extensive use of large patio doors/windows, the property has been designed to take full advantage of the stunning views from all aspects of the property.

Entry to the long driveway and parking is through electric gates. Steps lead up to the entrance and ground floor accommodation which includes a huge open plan living area with inset corner kitchen and central marble staircase. Off the lounge area is a hallway leading to a large bedroom, shower room, guest cloakroom and spiral staircase to the lower level.

Here there is another huge area which is intended as a gym/games room. The adjacent tennis court is easily accessed from here via patio doors. On the one side is a shower room, and on the other, a hallway leading to two large bedrooms, each having en-suite facilities.

The first floor features an impressive master bedroom, two further bedrooms and a shower room. A small staircase leads from the main landing to the master suite which has en-suite bathroom, walk-in wardrobe and patio doors to a large private covered balcony.

Outside, at the entrance level, is a covered terrace which winds all around the property. A double staircase leads down to the pool terrace with stone pillared pergola and large overflow pool. The views from here are absolutely breath-taking - an idyllic place to relax and unwind.

The staircase continues down to a lower level terrace which runs the whole length of the property to the tennis court.

The superb location and views, combined with the spacious accommodation, make this property something very special.

Property in Coral Bay Cyprus

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Cyprus Property is Hot! Now more than ever. There are over 20 million northern Europeans (European baby boomers) that have retired in the last few years which is a great number and many will be British. Many have been waiting for the financial crisis to past before they make the move to Cyprus. With warm weather, low crime rate, low cost of living in Cyprus and English speaking population, do you think Cyprus will have enough properties for every one?

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