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  1. Overseas property
  2. Real estate in Cyprus
  3. Real estate in Paphos
  4. Real estate in Peyia
  5. Real estate in Coral Bay
  6. Land for sale in Coral Bay
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Land plot 12,997 m² in Coral Bay

1,500,000 €
  • Land area
    12,997 m²
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Description
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Location
Coral Bay

Two residential field in Pegeia Municipality, Coral Bay area in Paphos District The immediate area of the property consists of houses and empty parcels of land. Coral Bay is a long-time tourist destination with great building development potential. Planning zone: Π2 Total Plot size: 12997 m² Building Coefficient: 10% Coverage Coefficient: 10% Maximum Floors Allowed: 2 Maximum Building Height: 8,30 m

Features
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  • Sea view

    Sea view

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Is this property suitable for obtaining a permanent residence permit in Cyprus? How much should I budget for legal arrangements? Can I rent this property out?
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If this property wasn’t for you, take a look at other land for sale in Cyprus.

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

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    FAQs
    • How to make payments for property abroad?

      Tranio has a transaction department that provides clients with safe and convenient payment solutions. We monitor changes in currency legislation, strengthen partnerships with banks in different countries, ensuring the legality of transfers and minimal commissions. You can pay in roubles for purchases in Tranio's own development projects abroad.

    • Is it possible to obtain a residence permit when buying property?

      In some countries — yes. Such programmes for obtaining a residence permit in exchange for property investments are called Golden Visas. The most popular Golden Visas in Europe are offered by Greece and Cyprus. In the Persian Gulf, the UAE and Oman also offer residence permits for property owners.

      However, if you need a residence permit to gain visa-free access to Schengen countries or to open an account in Europe, it's not absolutely necessary to buy property. Greece, Spain, Italy, Finland, France, and Portugal have accessible residence permit programmes.

      The choice of programme depends on your goals. Explore all available programmes or contact Tranio's migration department for consultation.

    • How long does the property registration process take?

      The registration period depends on legislation and established procedures in local property markets. Usually, the entire process from selecting a property to registering ownership takes at least a month. In our experience, the fastest transactions occur in the UAE — currently one of the most technologically advanced markets with land legislation specifically designed for foreigners. In Cyprus, registration will take 1–2 months, in Greece — from 3 months.

      In some countries, such as Thailand, transaction registration at the land department occurs after the property is commissioned. Signing a purchase agreement with a developer in Thailand takes from two weeks to a month, while registration at the land department takes no more than a week.

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