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Cyprus Property Blog by Cleo

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

Price Just Reduced in Coral Bay - Previously 695,000! Bargain Price! Fantastic Home!

Bargain! Just reduced from 695,000!

• 219 sq. m., 4 bath, 5 bdrm 3 story - €550,000 EUR - Walk to Beach&Restaurants

 -  This impressive 3 storey detached villa in Coral Bay is located in an absolute prime location. Situated in a gated community a few minutes’ walk from the sea and local shops/restaurants, it is ideal as a luxury holiday home, rental investment or permanent residence.

A long wide gated driveway to the side of the property provides lots of parking and leisure space. Steps lead up from here to a paved terrace and the front entrance.

The split level living accommodation features an entrance hallway, guest cloakroom, well equipped kitchen with breakfast bar, formal dining area and a comfortable lounge. Huge patio windows provide lots of light and easy access to the outside veranda and pool terrace.

On the first floor there are 3 double size bedrooms all with fitted wardrobes. The master bedroom has an en-suite shower room, and there is a large family size bathroom accessed directly from the landing. The master and second bedroom have patio windows opening on to a balcony with stunning sea and coastal views.

Moving down to the basement, there is a huge area which is nicely arranged as a large bedroom and separate sitting room. Patio windows, together with an access door, open on to the lower outside patio. A hallway leads to a utility room, shower room, and a second very large bedroom also with patio windows.

The property is in excellent condition with modern finishes and includes a lot of extras such as central heating, double glazing, aluminum shutters, air conditioning and much more. It comes fully furnished and title deeds are available

Please refer to MLS #: 1331 when inquiring.

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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?