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Moving to Coral Bay, Cyprus | Digital Nomad Exchange
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Moving to Coral Bay, Cyprus

By Joshua Wood, LPC

Last updated on Sep 12, 2024

Summary: Moving to Coral Bay, Cyprus: Expats, retirees and digital nomads talk about everything you need to know before moving to Coral Bay.

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What do I need to know before moving to Coral Bay?

When we asked people what advice they would give someone preparing to move to Coral Bay, they said:

"Coral Bay is a popular destination for expats due to its beautiful beaches, warm climate, and friendly locals. Before moving to Coral Bay, it's important to understand that the official languages are Greek and Turkish, but English is widely spoken, especially in tourist areas. The cost of living in Coral Bay can be higher than in other parts of Cyprus, especially when it comes to housing and dining out. The healthcare system in Cyprus is generally good, with both public and private options available. However, it's recommended that expats have comprehensive health insurance. Coral Bay has a Mediterranean climate with hot, dry summers and mild, wet winters. It's important to prepare for this, especially if you're used to a different climate. The local cuisine is a blend of Greek, Turkish, and Middle Eastern influences. Seafood is particularly popular, given the town's coastal location. Coral Bay is a tourist hotspot, so it can get crowded during the peak summer months. However, it's quieter and more relaxed during the off-peak season. Public transportation in Coral Bay is limited, so having a car can be beneficial. However, driving is on the left-hand side of the road, as in the UK. The Cypriot culture is laid-back and welcoming, but it's still important to respect local customs and traditions. Coral Bay is a safe place to live, but like anywhere, it's important to take basic safety precautions, especially at night. The local currency is the Euro, and while credit cards are widely accepted, it's always useful to have some cash on hand. Finally, it's important to note that Cyprus has a double taxation agreement with many countries, so it's worth checking how this might affect you," remarked one expat in Coral Bay, Cyprus.

How do I find a place to live in Coral Bay?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Coral Bay involves several steps. First, you need to determine your budget. This will help you narrow down your options and make your search more efficient. Next, decide on the type of accommodation you want. Coral Bay offers a variety of options, including apartments, villas, and houses. Once you have a clear idea of what you're looking for, start your search. There are several online platforms that list properties for rent or sale in Coral Bay, such as Property Cyprus, Purple International, and Zoopla. These websites allow you to filter your search based on your preferences, such as location, price, and type of property. In addition to online platforms, you can also contact local real estate agents. They have extensive knowledge of the local market and can help you find a property that fits your needs and budget. When you find a property you're interested in, arrange a viewing. This will give you a chance to inspect the property and the surrounding area. Before making a decision, consider factors such as proximity to amenities, public transportation, and the beach. Finally, once you've found a property you like, negotiate the terms of the lease or purchase agreement. Make sure to read the contract carefully before signing. Remember, finding a place to live in Coral Bay, Cyprus can take time, so start your search well in advance of your planned move date," explained one expat living in Coral Bay, Cyprus.

Avertiss Real Estate

Avertiss is a professional brokerage firm that offers services in real estate and its related fields. We represent buyers and sellers in both the northern and southern parts of the island of Cyprus. Our brokerage consists of highly experienced professionals specializing in real estate investment, lifestyle, legal services, and valuation advisory.

Learn MoreGet Quote

Avertiss Real Estate

Avertiss is a professional brokerage firm that offers services in real estate and its related fields. We represent buyers and sellers in both the northern and southern parts of the island of Cyprus. Our brokerage consists of highly experienced professionals specializing in real estate investment, lifestyle, legal services, and valuation advisory.

Learn MoreGet Quote

What is a typical expat home or apartment like in Coral Bay?

"A typical expat home in Coral Bay, is often a spacious villa or apartment with modern amenities. These homes usually have a Mediterranean style, reflecting the local architecture, with white walls and terracotta roofs. They often feature large windows to let in the abundant sunshine and offer stunning views of the surrounding landscapes, including the sea, mountains, or lush gardens. The interiors are typically well-appointed, with fully equipped kitchens, comfortable living areas, and multiple bedrooms and bathrooms. Many homes also have private outdoor spaces, such as balconies, terraces, or gardens, often with a private pool. Given the warm climate of Cyprus, these homes are designed for indoor-outdoor living, with open-plan layouts and easy access to outdoor spaces. They are often located within walking distance to the beach, local shops, restaurants, and other amenities. Despite being in a popular tourist area, many expat homes in Coral Bay are located in quiet, residential neighborhoods, offering a peaceful living environment. Some are part of gated communities, providing additional security and often access to shared amenities like fitness centers, communal pools, and playgrounds. In terms of decor, many expats choose to blend local Cypriot elements with their own personal style, resulting in homes that are both comfortable and culturally immersive. Overall, expat homes in Coral Bay offer a high standard of living, combining luxury, comfort, and the unique charm of Mediterranean life," remarked one expat in Coral Bay, Cyprus.

What is the average cost of housing in Coral Bay?

If you are thinking about moving to Coral Bay, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Coral Bay can vary greatly depending on the type and size of the property. For instance, a two-bedroom apartment may cost around €150,000 to €200,000, while a three-bedroom villa with a private pool can range from €300,000 to €500,000. Luxury villas with sea views can cost over a million euros. However, these prices can fluctuate based on the property's proximity to the beach, its condition, and the current real estate market," said one expat who made the move to Coral Bay.

Should I buy or rent a home in Coral Bay?

If you have not spent a lot of time in Coral Bay, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Coral Bay, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Coral Bay for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and could provide a sense of stability and permanence. On the other hand, renting a home in Coral Bay might be a better option if you're not planning to stay long-term or if you prefer flexibility. Renting can also be a good choice if you're not ready for the financial commitment of owning a home. It allows you to avoid maintenance costs and property taxes, which are typically included in the rent. It's also worth considering the real estate market conditions in Coral Bay. If property prices are high and predicted to drop, it might be better to rent for a while and wait for a more favorable buying market. Conversely, if property prices are low and predicted to rise, it could be a good time to buy. Lastly, consider your lifestyle preferences. Some people prefer the freedom and flexibility that comes with renting, while others prefer the stability and potential financial benefits of owning a home. It's important to weigh these factors carefully and make the decision that best suits your needs and circumstances," said one expat in Coral Bay.

What cultural faux pas should I try to avoid making in Coral Bay?

We asked people in Coral Bay if they could share any humorous cultural blunders they commited. For new expats, keep in mind that these incidents are an inevitable part of expat life. Learning to laugh about them is the key!:

"In Coral Bay, it's important to respect the local customs and traditions. Avoid making any negative comments about the ongoing political situation or the division of the island, as this is a sensitive topic for many Cypriots. When visiting churches or monasteries, dress modestly and remove your hat. It's considered disrespectful to enter these places with bare shoulders or knees, so make sure to cover up. Cypriots are known for their hospitality and it's common to be offered food or drink. Refusing might be seen as impolite, so it's better to accept, even if you're not hungry or thirsty. Avoid pointing with your finger, as this is considered rude. Instead, use your whole hand to gesture. It's also considered impolite to interrupt someone while they're speaking. Cypriots value good conversation and listening skills, so make sure to give others the chance to speak. Lastly, be aware that the concept of time can be more relaxed in Cyprus. Don't be offended if people are late for appointments or if things take longer than expected. This is part of the local culture and is not meant to be disrespectful," said one expat in Coral Bay.

About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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