2 Bedroom End Townhouse in Peyia

Peyia, Paphos, Cyprus

For Sale

€199,500

REF: 740561 €199,500


2

2


Description

Beautiful newly-renovated 2-bedroom semi-detached house, with stunning sea-views of Coral Bay.It is a corner house, so new owners can enjoy more privacy and space. 96m2 covered, 4m2 covered verandas, 20m2 uncovered verandas.The house was renovated with new furniture, and brand new appliances (Samsung air conditioners, etc).Solar panels, water heater, deposits, water & electrical appliances were replaced and installed brand new.Parking space: available, dedicated to the house.Verandas & balconies: large private veranda (as it is a corner house) overlooking the sea, with brand new garden furniture.

Balcony on the 2nd floor in the master bedroom. Both verandas and balcony have breath-taking sea view overlooking Peyia Bay.2 bedrooms, fully furnished and equipped (one bedroom has also a TV).2 en-suite bathrooms (in each bedroom)1 guest toilet on the ground floor.The property has a clean title-deed.The property is prepared for both long-term, short-term rentals, so it might be a ready-made investment for those who do not intent to live there (although you might fall in love with the views)Peyia, located on the southwestern coast of Cyprus, offers a multitude of reasons to consider investing in property within its charming and vibrant community.Firstly, Peyia benefits from its stunning natural surroundings.

Situated on a hillside overlooking the Mediterranean Sea, the area offers breathtaking panoramic views and a pleasant climate characterized by mild winters and long, warm summers. The picturesque landscapes, including rugged cliffs, golden beaches, and lush greenery, create a serene and idyllic setting for residents to enjoy.The village of Peyia itself has a traditional and welcoming atmosphere, with narrow streets, quaint houses, and local shops.

It retains its Cypriot character and offers an authentic Mediterranean experience. Peyia is also in close proximity to the popular Coral Bay, known for its beautiful sandy beaches and crystal-clear waters. These pristine beaches provide a perfect escape for relaxation, sunbathing, and water sports.Additionally, Peyia offers a range of amenities and facilities to cater to residents' needs.

The village has a selection of supermarkets, restaurants, cafes, and other essential services. For a wider variety of options, the bustling town of Paphos is just a short drive away, offering an abundance of shopping centers, entertainment venues, international schools, and healthcare facilities.Peyia is also an excellent choice for nature lovers and outdoor enthusiasts.

The area is surrounded by the stunning Akamas Peninsula, a protected nature reserve famous for its diverse flora and fauna, hiking trails, and natural beauty. Exploring the Akamas Peninsula allows residents to experience the unspoiled wilderness of Cyprus and enjoy activities such as hiking, cycling, and birdwatching.Another significant advantage of investing in Peyia is its strong rental potential.

The village attracts a large number of tourists and holidaymakers throughout the year due to its appealing location and amenities. This presents an opportunity for property owners to generate a steady income by renting out their properties, particularly during the peak holiday seasons.Furthermore, Peyia provides a range of property options to suit different preferences and budgets.

From luxurious villas with private pools and gardens to modern apartments and townhouses, there is a diverse selection of real estate choices available. Whether you are looking for a holiday home, a retirement retreat, or a long-term investment, Peyia offers something for everyone.Lastly, investing in Peyia offers the potential for capital appreciation.

Cyprus has witnessed a consistent increase in property values over the years, and Peyia's desirable location and attractive lifestyle contribute to its growth potential. By investing in property in Peyia, buyers can take advantage of a promising real estate market and potentially secure a favorable return on investment.
Beautiful newly-renovated 2-bedroom semi-detached house, with stunning sea-views of Coral Bay.It is a corner house, so new owners can enjoy more privacy and space. 96m2 covered, 4m2 covered verandas, 20m2 uncovered verandas.The house was renovated with new furniture, and brand new appliances (Samsung air conditioners, etc).Solar panels, water heater, deposits, water & electrical appliances were replaced and installed brand new.Parking space: available, dedicated to the house.Verandas & balconies: large private veranda (as it is a corner house) overlooking the sea, with brand new garden furniture.

Balcony on the 2nd floor in the master bedroom. Both verandas and balcony have breath-taking sea view overlooking Peyia Bay.2 bedrooms, fully furnished and equipped (one bedroom has also a TV).2 en-suite bathrooms (in each bedroom)1 guest toilet on the ground floor.The property has a clean title-deed.The property is prepared for both long-term, short-term rentals, so it might be a ready-made investment for those who do not intent to live there (although you might fall in love with the views)Peyia, located on the southwestern coast of Cyprus, offers a multitude of reasons to consider investing in property within its charming and vibrant community.Firstly, Peyia benefits from its stunning natural surroundings.

Situated on a hillside overlooking the Mediterranean Sea, the area offers breathtaking panoramic views and a pleasant climate characterized by mild winters and long, warm summers. The picturesque landscapes, including rugged cliffs, golden beaches, and lush greenery, create a serene and idyllic setting for residents to enjoy.The village of Peyia itself has a traditional and welcoming atmosphere, with narrow streets, quaint houses, and local shops.

It retains its Cypriot character and offers an authentic Mediterranean experience. Peyia is also in close proximity to the popular Coral Bay, known for its beautiful sandy beaches and crystal-clear waters. These pristine beaches provide a perfect escape for relaxation, sunbathing, and water sports.Additionally, Peyia offers a range of amenities and facilities to cater to residents' needs.

The village has a selection of supermarkets, restaurants, cafes, and other essential services. For a wider variety of options, the bustling town of Paphos is just a short drive away, offering an abundance of shopping centers, entertainment venues, international schools, and healthcare facilities.Peyia is also an excellent choice for nature lovers and outdoor enthusiasts.

The area is surrounded by the stunning Akamas Peninsula, a protected nature reserve famous for its diverse flora and fauna, hiking trails, and natural beauty. Exploring the Akamas Peninsula allows residents to experience the unspoiled wilderness of Cyprus and enjoy activities such as hiking, cycling, and birdwatching.Another significant advantage of investing in Peyia is its strong rental potential.

The village attracts a large number of tourists and holidaymakers throughout the year due to its appealing location and amenities. This presents an opportunity for property owners to generate a steady income by renting out their properties, particularly during the peak holiday seasons.Furthermore, Peyia provides a range of property options to suit different preferences and budgets.

From luxurious villas with private pools and gardens to modern apartments and townhouses, there is a diverse selection of real estate choices available. Whether you are looking for a holiday home, a retirement retreat, or a long-term investment, Peyia offers something for everyone.Lastly, investing in Peyia offers the potential for capital appreciation.

Cyprus has witnessed a consistent increase in property values over the years, and Peyia's desirable location and attractive lifestyle contribute to its growth potential. By investing in property in Peyia, buyers can take advantage of a promising real estate market and potentially secure a favorable return on investment.
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Currency Exchange

Peyia, Paphos, Cyprus

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €199,500 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€199,500 £169,713 £174,860 £5,147
Property Price € €199,500
Minimum cost in the last six months £169,713
Maximum cost in the last six months £174,860
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,147

Peyia, Paphos, Cyprus

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €199,500 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€199,500 £169,713 £174,860 £5,147
Property Price € €199,500
Minimum cost in the last six months £169,713
Maximum cost in the last six months £174,860
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,147

The exchange rate on the day you make an offer on your property in Cyprus will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £5,147 more.

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