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Cyprus Property Blog by Cleo

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

Bungalow in Peyia - Price Reduced!!

Walk to Coral Bay & Restaurants

• 160 sq. m., 2 bath, 3 bdrm bungalow - €249,000 EUR - Title Deeds

This 3 bedroom bungalow is situated on a large elevated corner plot in the popular residential area of lower Peyia. It is a pleasant walk to the local supermarkets and Coral Bay, and there is a bus stop nearby.

The property features an entrance hallway with an attractive archway to a huge L-shaped living room. Patio doors and windows all around provide the room with lots of light, and a wood burner fire in the lounge area takes the chill off those cooler winter evenings. The kitchen at the far end of the living room has a utility room at the rear, with access to a side terrace.

A wonderful L-shaped covered veranda overlooking the pool and beautiful landscaped gardens wraps around the complete living space, easily accessed by the patio doors - a great place for outdoor dining, and for enjoying the superb sea views.

An archway from the lounge leads to two double size bedrooms. The master bedroom, being the largest, has an ensuite shower room, and there is a separate shower room for the second and third bedroom. Bedroom 3, off the main hallway, is currently being used as a study.

Being a large plot, there is lots of outside space, with the garden being designed for easy maintenance, including graveled areas and stone rockeries. A long driveway and car port provides plenty of parking space, and there is a wood store at the side.

This property has lots of character and lovely views, making it ideal as a residential or holiday home. It has full title deeds.

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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?