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Highly Appealing and Ultra Modern Villas with Sea Views for sale in Peyia

330,000 €
  • Total area
    175 m²
  • Land area
    200 m²
  • Bedrooms
    3
  • Bathrooms
    3
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Features
  • Sea at 2,000 m
  • Balcony or terrace
  • Swimming pool

Peyia is the most popular Cyprus village and is situated 5km north-east of Coral Bay. It has a mixture of local and ex-pat residents and is a popular summer and holiday destination for hundreds of European citizens. Due to it's elevated position there are spectacular views down to the coastline and to Coral Bay. The village has many tavernas and restaurants and is considered as an ideal place to live for both residents and visitors. The original Peyia village was a small, stone built community of farmers whose crops were mainly bananas and oranges. Over the last 20 years Peyia has grown in strength to be the Municipality of Peyia, governing the area from Akamas Peninsular in the west to the edges of Paphos on the east side. Paphos is only 15 minutes by road from Peyia village and Coral Bay resort is only a few minutes drive. Elysium Villas is a highly appealing and select development of 10 spacious 3-storey homes with wonderful 180 degree views of the western coastline of Cyprus. They are in a quiet, quality residential area close to fields and farmland and just a 10 minute walk from shops and a range of other facilities. The design of the villas is airy and ultra-modern, geometric with clean modern lines, complemented by attractive natural stone and wood clad fascias and on-trend glass balustrades that give maximum impact to the amazing sunsets over the Mediterranean Sea. The roof terraces offer an additional 62 square meters generous outdoor living space for your family and friends to enjoy. The Learning Centre English private school is nearby and has an excellent reputation. As with all our properties, the villas are soundly built and styled with high quality fittings. There are no compromises in our construction; it will exceed your expectations. You may be able to choose tiles, kitchen cabinets and other fittings to suit your own taste. A swimming pool is optional, but highly recommended when the weather in Cyprus is so sunny and warm most of the year. Gardens will be low maintenance and landscaped with an array of colourful plants, small bushes and trees. Whether you are looking for an investment or a more permanent living, Elysium Villas offer your own piece of paradise for a very affordable price. Peyia Village is a perfect and popular location with an established and a safe family-friendly local community. It is only a 5 minute drive to the beach and the tourist area of Coral Bay with its famous Blue Flag sandy beaches and 15 minutes to Pafos. Everything you need is on hand. The pretty harbour of Agios Georgios is close by with its picture postcards views of colourful little fishing boats. You can also easily explore the wild and unspoilt Akamas Peninsular with its rocky coastline, the amazing gorge, deserted beaches and nature walks. Project currently under construction. Starting prices at 330,000 Euros + VAT

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 Peyia elsewhere on our website.

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      How to buy property with Tranio
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      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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        Marina Filichkina,
        Head of Sales
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