Coral Bay Villas

Coral Bay Villa 118 is a stunning luxury detached coastal villa within the exclusive Coral Bay Villas development, situated in the sought-after Coral Bay area of Paphos District, Cyprus. Developed by the renowned Leptos Group, this charming two-storey residence is designed to make the most of the outdoor Mediterranean lifestyle and the renowned coastal living of Coral Bay.

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The villa is spread across a Ground Floor and First Floor, offering 3 bedrooms, 1 bathroom plus a separate W/C, an entrance hall, spacious living room with fireplace, dining area, fully equipped kitchen, and a covered veranda. The property sits on a generous 577 m² plot with a total covered area of 147 m², plus covered and uncovered verandas. The landscaped garden features a private swimming pool, BBQ area, and mature tropical planting — all fully furnished and move-in ready.

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Villa 118 is part of the Coral Bay Villas master plan, a large-scale premium development positioned on the Mediterranean coastline north of Paphos Town. Residents benefit from Leptos Gold Card Membership and easy access to the Blue Flag-awarded Coral Bay Beach (4 minutes), Coral Beach Resort and Spa (2 minutes), the Akamas Nature Reserve (15 minutes), Paphos Archaeological Park, the Tombs of the Kings, and Paphos Harbour.

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Cyprus offers an outstanding lifestyle and investment proposition: EU and Eurozone membership, 340 days of sunshine per year, 0% inheritance and gift tax, a reduced VAT of 5% for main residences, and one of Europe's lowest corporate tax rates at 15%. Permanent residency can be obtained through real estate purchase.