For Sale 3 Bedroom Detached House In Coral Bay, Paphos

Description

This modern 3 bedroom villa is a freehold property with comfortable living and dining area, contemporary architecture and is perfect for luxury waterside living. Is a brand new villa superbly located on the coastline in a pristine area of picturesque Coral Bay, within walking distance to the 5 Star Hotel, a 10 minute drive to Paphos Town to the south east and the Akamas Nature Reserve to the north.

It is one of only a handful of developments in an area unparalleled in its natural beauty. The area is very popular with International holiday makers who are either living permanently in Cyprus or have invested in a holiday home.

The property will comprise with direct access to the sparkling blue waters of the Mediterranean Sea. A Residents Clubhouse, private pool and garden, large veranda and patio, ample covered parking and superior interior finishes, are some of the villa"s features which make this luxurious property an irresistible opportunity.

Property Details
* For Sale
* Property Type: House
* Property Subtype: Detached
* Location: Paphos, Coral Bay, Cyprus
* Internal Area: 111sqm
* Covered Verandas: 30sqm
* Bedrooms: 3
* Bathrooms: 2
* No of WCs: 2
* Price: €632,000 Plus VAT
* VAT: Plus
* Loan Installment: €1,800

If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.

Loan Installment Calculations:

Assumptions:

Closing Price: €632,000

Own Contribution (25%): €158,000

Loan Amount (75%): €474,000

Interest rate: 2.2%

Years of repayment: 30 years