The asset consists of four unified shops, part of a commercial building located on Coral Bay Avenue, the most popular part of the Coral Bay tourist area. The property is a walk away from restaurants, cafes, shops, supermarkets, pharmacies, banks and just 3 minutes away from the beach.All four shops have an internal area of 125sqm, 62sqm mezzanine and the right of use of 100sqm yard. The asset is currently rented, offering a steady yield.Three shops have energy class C and one has energy class D.
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.
Purple Real Estates are fully registered and licensed with the Cyprus Real Estate Association. PURPLE is home to some of the finest properties in Cyprus. With offices in Famagusta, Larnaca, Paphos our ample portfolio is sure to contain something for everyone. We have a wide range of property to meet any budget and can assist you whether you are looking for a permanent residence, holiday home or an investment property.
From your first contact with Purple you’ll be assigned to a specific sales consultant. One whom we feel is appropriate for your needs. Many members of PURPLE speak excellent English, Russian and Greek, so language will never be an issue. Your Sales Consultant will always be on hand to help you and guide you through the buying process, answering any questions and provide you with anything you may request, for example:
Independent advice and recommendations on legal services
Liaising with property developers, throughout the construction period if the purchase is off plan
Getting quotes for any additional works that you’ve asked for from trusted suppliers
Guidance with property rental opportunities
Be there for any problems that may arise
PURPLE will be there from start to finish!
