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4 Bedroom Luxury Seafront Villa in Coral Bay

1,500,000 €
  • Total area
    300 m²
  • Land area
    400 m²
  • Bedrooms
    4
  • Bathrooms
    4
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Features
  • Built in 2012
  • Sea at 150 m
  • Internet
  • TV
  • Swimming pool

Located in Coral Bay just 150m from the main street with its bars, restaurants and banks etc and the regular bus route sits this large private villa only recently built in 2012. Given the location it would make an excellent investment purchase due to the high rental potential of the villa or equally it would be a fantastic family home as it has everything someone could ask for including private swimming pool, purpose built BBQ area, playroom, sauna and Jacuzzi! The villa itself covers a large 300m² and is built over 3 levels with a plot area of 400m². There are 4 bedrooms and 4 bathrooms, all of exceptional quality which is evident throughout the entire property. The villa is sold fully furnished which is an added bonus given the luxury quality of all the furniture from the leather sofas in the lounge through to the luxury loungers in the playroom and Jacuzzi area downstairs. The kitchen is fitted with integrated eye-level oven and microwave, separate hob and large American fridge freezer along with granite worktops and breakfast bar. Central heating along with feature fireplaces in the lounge and playroom provide the heating in winter months, with satellite and wifi internet completing the internal description. The villa has a private pool to the rear, with easy access steps in one corner and a large space surrounding the villa for relaxation in the summer months. There is also a pool shower and large sun umbrella to provide some shade. The BBQ is purpose built with storage underneath and an outside sink for those frequent summer alfresco dinners! There are also permanent awnings mounted to the side of the house for added shade. To the side of the villa there is 2 sets of gates, providing covered parking on one side and uncovered parking for 2-3cars on the other.

Extra opportunities

The Investor obtains residence permit or permanent residency in Cyprus by purchasing a newly-built property for at least €300,000. Our team at Tranio will help to make a deal remotely, collect a set of documents, and make an application.

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If this property wasn’t for you, take a look at other houses for sale in Cyprus.

You can see more houses for sale in Coral Bay elsewhere on our website.

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      How to buy property with Tranio

      Enquiry

      Send us an enquiry with an approximate description of the property or investment project you’re interested in.

      Meeting the partners

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      Offer selection

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      Viewing tour

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      Transaction closure

      Having chosen the best property, you will sign the sales or investment agreement (for development).

      FAQs

      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

      • How does the purchase procedure work?

        The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

      • How does Tranio make money if your service is free for the clients?

        We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

      • Who guarantees the transaction security?

        The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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