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Cyprus Property News

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We give sharp, insightful comments on issues affecting the Cypriot property market. No nonsense reflection of current events and market trends as well as news on property tax and general legalization changes in Cyprus.

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Cyprus Property News

Focus On Seaside Property

Date: 25/02/11

The benefits of living by the sea have been well documented. Let’s have a look at some of the excellent coastal property currently available at Cyprus Resales ( ).

Buying a costal property is the dream of many foreign property buyers. The reasons for the strong  desire for the coastal property varies from an individual to individual, but one thing is for sure – the sapphire blue coastal sea view is a strong draw for buyers worldwide.

This little property  is one of the newest additions to our portfolio. It is in one of those locations that have everything from beach to shops and everything in-between.  We find all coastal property to be a good investment, often selling quickly and with very stable prices. At 79,995 Euros this is one of the least expensive ways to be on the “beach side” of the street.  

The Sea Caves area of is an area of coast that is so beautiful,  that to gaze upon it can almost take your breath away. Front line homes here are for sale at prices in the region of several million Euros. This recently refurbished villa is not in the “Sea Caves Area”, but is the Sea Caves.  The villa has been lovingly refurbished  to a very high standard by the current owner and due to a recent price drop it is now priced to sell. Further down the coast near the Coral Bay beach we have a property that borders the lease hold area, this property has FULL TITLE DEEDS and has a large corner freehold plot.

Another new arrival is this excellent townhouse priced at 449,000 Euro in Poseidon Beach Village  Chloraka bordering the St George Hotel . With three bedrooms and a terrace that seems to hang over the sea this is a perfect holiday home. Very rarely does property in this development come on to the market and it has been priced sensibly from the start. Close to this townhouse we have a choice of two new 3 bedroom apartments  that are simply waiting for the new owner to choose finishes before delivery. Both are ideally located and have large terraces with great sea views.  Prices start at 275,000 Euros (+ VAT).

Everyone knows that the seaside property is always in strong demand and although such property  always carry a premium, a constant stream of buyers mean all of these properties are strong investments now and are sure to continue to be in the future.

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