Apartment for sale in Coral Bay, Paphos, Cyprus

A Luxurious Two Bedroom Apartment in Coral Bay

Re-define the luxury of living by the sea

Year Built: 2019

Title deed

Located at the heart of the prestigious Pafos coastline, Coral Residences is a luxurious resort that features 12 villas and 20 apartments, all designed with timeless elegance. From their elevated position on a private and unspoiled beach with a backdrop of mountains, all its exclusive residences enjoy the magnificent frontline sea-view with mesmerizing vistas across the sea providing memorable sunsets in the evening.

Set on a prime location next to the vibrant and cosmopolitan city of Pafos, Coral Residences are at close proximity from golden Coral Bay “blue-flag” beach, whilst they are set to be the only luxury free-hold projects in the region adjoining the planned Pafos Marina, with an expected capacity for 1000 vessels and one of the largest marinas in the island.

To add more value to the property, all residents boast a platinum membership to club services, which guarantee a 24-hour security service, reception and distinguished concierge services with reputable operators. Moreover, both residents and their guests are able to enjoy exclusive facilities, including a fully-equipped gym, a relaxing sauna, and much more

This property is perfect as a holiday retreat, as an investment or as a permanent residency.

The property is sold with furniture, fixtures and fittings.

Coral Bay is a popular tourist resort in the Peyia municipality 6 km north of the city of Paphos. As the largest village in Paphos bordering Kathikas, Akoursos, Kissonerga and the Akamas Peninsular there is plenty to do including swimming at the renowned Blue Flag awarded Coral Bay Beach with its 600m crescent of soft white sand. With the abundance of amenities in the area Peyia (Coral Bay) caters for most needs. You will find a wide choice of restaurants, traditional taverns and bars to accommodate everyone.

Paphos, located on the southwestern coast of Cyprus, is a captivating destination that offers numerous compelling reasons to consider buying property. With its rich history, stunning natural beauty, favourable climate, and flourishing real estate market, Paphos has become an increasingly popular choice for investors and homebuyers alike. Here are some key reasons why buying in Paphos is a great decision:

1. Mediterranean Paradise: Paphos boasts a breathtaking coastline with pristine beaches, crystal-clear waters, and dramatic cliffs. The region offers an idyllic Mediterranean lifestyle with plenty of opportunities for swimming, snorkelling, sailing, and enjoying leisurely beach walks. The stunning sunsets and year-round mild climate further enhance the allure of living in this coastal paradise.

2. Historical and Cultural Heritage: Paphos is brimming with history and is recognized as a unesco World Heritage Site. It is home to remarkable archaeological sites, including the ancient Tombs of the Kings, the intricate mosaics of the Paphos Archaeological Park, and the famous Petra tou Romiou, said to be the birthplace of Aphrodite, the Greek goddess of love and beauty. Living in Paphos means immersing oneself in a rich tapestry of culture and heritage.

3. Investment Potential: Paphos has experienced a surge in real estate development in recent years, making it an excellent investment opportunity. The city offers a wide range of properties, from luxurious beachfront villas to modern apartments and charming townhouses. The thriving tourism industry, significant infrastructure investments, and the growing number of visitors contribute to the strong rental demand, ensuring a steady income stream for property owners.

4. High Quality of Life: Paphos offers an exceptional quality of life with its excellent healthcare facilities, international schools, and a wide range of leisure and recreational activities. The city boasts a vibrant culinary scene, with numerous restaurants serving both traditional Cypriot cuisine