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3 bed villa for sale in Coral Bay, Pafos, Cyprus

3 bed villa for sale in Coral Bay, Pafos, Cyprus - photo 1
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Price€780,000
TypeVilla
Beds3
Bath3
Rooms4
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Description

This Villa with 3 bedrooms and 3 bathrooms is in coral Bay, the most prestigious area of Paphos. Among the many amenities provided at the Villa, it can be noted Underfloor heating, Italian kitchen, modern finishing, a luxury, etc. Coral Bay is a first – class resort located 10 km from Paphos town and famous for its magnificent sandy beaches. A fine selection of restaurants and taverns, nightlife, bars, clubs and shops can be enjoyed by anyone and will plunge into the atmosphere of local color. Quiet shallow bays magically go into the scenic green landscapes, which change every season. This is the perfect place for the whole family. Villas is a residential complex located near the sea in an ecologically clean area of Coral Bay. In walking distance is the famous 5-star hotel Coral Beach Hotel and Resort, just a 10-minute drive in a South-easterly direction, a bustling centre of cosmopolitan Paphos and to the North of the complex is a natural reserve of Akamas. This is one of the few complexes built in the area, the unmatched beauty of the nature that especially attracts buyers from different countries looking to purchase a home for permanent residence in Cyprus for a holiday. This unique resort neighborhood covers an area of 65 000 sq. m. in one of the most popular coastal areas of Cyprus and the Eastern Mediterranean. 63 private Villa of class "luxury" and "Junior" are equipped with pools and direct access to the warm Mediterranean sea. Club, private pools and gardens, large verandas and patio, spacious covered Parking spaces and high quality finishing are some of the hallmarks of this stunning project. This unique resort is divided into several zones, among which stands out the Central, where the construction of a spacious communal pool, sun terraces and landscaped gardens. This truly exclusive development ensures privacy and exquisite style living in the luxurious homes, provides security and high-class service in beautiful surroundings. The complex is located close to many shops, restaurants, bars and service centers. Also located close to the Marina the 5-star Coral Beach Hotel and Resort.

Extra Сosts when Buying Property

TRANSFER TAX*
up to €85 000 3%
€85 000 - €170 000 5%
over €170 000 8%
*If VAT has been paid no transfer tax
*If no VAT has been paid 50% of the transfer tax rate
STAMP DUTY
If the value of the property is less than € 171,000 0,15%
If the value of the property exceeds € 171,000 0,2%
VAT
standard rate 19%
reduced rate 0-5%

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Ongoing Ownership Costs

Municipality Tax, annually 0.02%
Communal Services fees, multi-residential complexes, monthly €40-50
Communal Services fees, private house, monthly €60-200
Sewerage Tax, annually €60-75
Electricity costs, monthly about €50
Water rates, monthly about €50
Telecommunication rates €50-60

Additional Services Costs

Legal support (one time payment) 0.8%-1%

Return on Investment

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Paula
Company Representatives
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Limassol, Paphos, Larnaka
+3572-503-00-31
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