Luxury Estates
Properties for Sale in Coral Bay, Cyprus
New-build homes in Coral Bay, Paphos district, direct from developers: 44 homes in 4 projects from €265,000. Price per m², what each budget buys and delivery years, updated 6 November 2026.
Buy propertyList of Properties for Sale in Coral Bay
VillaVilla Superior
Paphos
VillaViewpoint Hills
Paphos
ApartmentCoral Gardens
Paphos
VillaGolden View Villas
Paphos
VillaIasonas Beach Villas
Paphos
VillaAdonis Beach Villas
Paphos
VillaInfinity Residences
Paphos
VillaCoral Bay Villas
Paphos
VillaCoral Seas
Paphos
ApartmentSoho Resort
Paphos
VillaMorea Residences
Paphos
VillaArmonia Beach
Paphos
VillaPearl Sea Caves Villa 1
Paphos
VillaSeascape Villas
Paphos
Coral Bay new-build market on 6 November 2026
The homes currently available in the Coral Bay projects we list. Prices are asking prices, usually quoted before VAT.
- Homes for sale
- 44 in 4 projects
- Homes from
- €265,000
- Median price
- €859,000
- Middle half of homes
- €387,000 to €935,000
- Median apartment per m²
- €4,410
- Villas
- 27 from €685,000
Source: the available units of the published projects in our database on 6 November 2026. Price per m² uses the interior area where the listing gives it and the built area otherwise. Asking prices on mostly new-build and off-plan units; no completed sales are included. Coral Bay includes the listings given under Coral Bay as area or town.
Coral Bay is a beach resort area in the Paphos district, next to Peyia, north of Paphos. On 6 November 2026 we list 44 new homes there, in 4 projects: 17 apartments, 27 villas. They start at €265,000, and the median is €859,000. We are paid by the developer, so you pay us no agency fee; the costs of buying are set out below.
What Coral Bay costs: apartments and villas
The median apartment costs €4,410 per m² (17 apartments, 1 project), against €5,100 for the Paphos district as a whole. Villas start at €685,000 with a median of €914,000 on a median plot of 271 m².
- One-bedroom: 6 in 1 project, from €265,000, median €299,000 for 63 m², €4,754 per m².
- Two-bedroom: 11 in 1 project, from €341,000, median €389,000 for 95 m², €4,225 per m².
The wider Paphos district is on Property for Sale in Paphos, and the nearest town, with its harbour and old town, on Kato Paphos. Houses in the area by price are in Villas in Paphos.
What a budget buys in Coral Bay
- €250,000 to €350,000: 7 homes in 1 project, median size 65 m².
- €350,000 to €500,000: 10 homes in 1 project, most of them two-bedroom (10), median size 95 m².
- €500,000 to €800,000: 4 homes in 1 project, median size 146 m².
- Above €800,000: 23 homes in 3 projects, most of them three-bedroom (14), median size 199 m².
When Coral Bay homes are delivered
Of the 14 homes with a stage recorded, 0 are off plan, 14 are under construction and 0 are ready or completed. Delivery years are recorded for 0: . The rest have no date on file, so ask for it and for the remedy if it slips.
What a new-build costs on top of the price
A new-build carries VAT instead of transfer fees. VAT is 19%, or 5% on the first 130 m² of a home that will be your primary and main residence, within the limits of €350,000 for the 5% part and €475,000 and 190 m² for the whole transaction. On a €850,000 home that is €42,500 at 5% and €161,500 at 19%. Stamp duty was abolished for contracts signed from 1 January 2026, and a lawyer costs about 1% plus VAT. A resale carries no VAT and pays transfer fees of 3%, 5% and 8% by price band, halved, which comes to €8,600 on €300,000. See Cyprus property VAT explained and the cost of buying property in Cyprus.
Buying from a Coral Bay developer: the order of steps
You choose the unit, sign a reservation, and an independent lawyer checks the title and permits before the contract is signed and lodged at the Land Registry. A non-EU buyer needs Council of Ministers permission, which the lawyer files after signing. Payments follow the construction stages on an off-plan project. The steps are in how to buy property in Cyprus as a foreigner. A first-sale new-build of at least €300,000 plus VAT can also qualify a non-EU buyer for Category 6.2 permanent residency, with the money transferred from abroad and income from abroad of at least €50,000, plus €15,000 for a spouse and €10,000 per child.
Who buys in Coral Bay
Coral Bay suits buyers who want a beach resort setting a short drive from Paphos: a holiday or second home, a retirement home, or a family home for part of the year. Paphos airport is the nearest. Buyers from abroad signed about 70% of the Paphos district's contracts of sale in January to July 2026, so expect an international neighbourhood. See the Paphos living guide for schools, healthcare and roads.
Frequently asked questions
Homes listed with us in Coral Bay start at €265,000, the median is €859,000 and half of them cost between €387,000 and €935,000 (6 November 2026, asking prices before VAT).
The median apartment is €367,000, €4,410 per m², and apartments start at €265,000 (6 November 2026, before VAT).
Villas start at €685,000; the median is €914,000.
Yes. EU citizens buy on the same terms as Cypriots. Non-EU citizens, which since Brexit includes British buyers, need Council of Ministers permission, which the lawyer files after the contract is signed.
Yes, instead of transfer fees: 19%, or 5% on the first 130 m² of a qualifying primary and main residence within the value limits. A resale pays transfer fees instead.
Not to us: we are paid by the developer. You pay VAT or transfer fees, a lawyer (about 1% plus VAT) and small Land Registry charges. Stamp duty no longer applies to contracts signed from 1 January 2026.
Yes. Of the 14 homes with a stage recorded, 0 are off plan, 14 are under construction and 0 are ready or completed. Delivery years are recorded for 0: . The rest have no date on file, so ask for it and for the remedy if it slips. Our off-plan guide explains how to protect your deposit.
A non-EU buyer can through Category 6.2: a first-sale new-build of at least €300,000 plus VAT from a developer, with income from abroad of at least €50,000 (plus €15,000 for a spouse and €10,000 per child). The town does not change the requirement.