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Coral Bay, Cyprus: Cost of Living, Healthcare, Local Clubs and Activities, Healthcare and What to Know About Living in Coral Bay | Digital Nomad Exchange
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Coral Bay, Cyprus

By Joshua Wood, LPC

Last updated on Sep 17, 2024

Summary: Expats, digital nomads and retirees discuss what it is like to live in Coral Bay, Cyprus: Cost of living, Finding a home, Meeting People and more.

William Russell
William Russell
William Russell
William Russell

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," said one expat who made the move to Coral Bay.

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," said one expat in Coral Bay.

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," commented one expat who made the move to Coral Bay.

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," wrote a member in Coral Bay.

Where should I setup a bank account in Coral Bay?

We asked expats in Coral Bay what banks they use and there advice about banking. They advised:

"Expats considering retirement in Coral Bay should be aware of several key factors. Firstly, the cost of living in Cyprus is generally lower than in many Western European countries, but it's still important to budget carefully and consider all potential expenses. The official languages in Cyprus are Greek and Turkish, so learning some basic phrases in Greek could be beneficial, although English is widely spoken in tourist areas like Coral Bay. Healthcare in Cyprus is of a high standard, with both public and private options available. Expats should ensure they have adequate health insurance coverage. The climate in Coral Bay is Mediterranean, with hot summers and mild winters, which can be a significant change for those from cooler climates. Cyprus uses the Euro, so expats from non-Euro countries should be aware of exchange rates and banking procedures. Coral Bay is a popular tourist destination, so it can get crowded during peak tourist season. Cyprus has a residency program for retirees, which requires proof of financial self-sufficiency, among other things. The island has a slower pace of life, which can be a big adjustment for those used to a fast-paced lifestyle. Cyprus has a high level of safety and low crime rates, but like anywhere, it's important to take standard precautions. Finally, it's important to understand the local customs and traditions to integrate into the community successfully," wrote a member in Coral Bay.

What do expats in Coral Bay appreciate most about the local culture?

"Expats in Coral Bay often appreciate the warm and welcoming nature of the local people. They are known for their hospitality and willingness to help newcomers feel at home. The relaxed pace of life is another aspect that expats enjoy. The Cypriot lifestyle encourages taking time to enjoy meals, socialize, and appreciate the beautiful surroundings. Expats also appreciate the rich history and culture of Cyprus, which is reflected in the local architecture, festivals, and traditions. The island has a unique blend of Greek, Turkish, and British influences, which makes for a fascinating cultural experience. The local cuisine is another highlight for many expats. Traditional Cypriot food is flavorful and diverse, with a focus on fresh, local ingredients. Finally, the natural beauty of Coral Bay and the rest of Cyprus is something that expats often mention. The area is known for its stunning beaches, clear waters, and beautiful landscapes. Overall, the combination of friendly people, a relaxed lifestyle, rich culture, delicious food, and natural beauty make Coral Bay a great place for expats," said one expat in Coral Bay.

What do expats find most challenging?

"Expats in Coral Bay often find the language barrier to be the most challenging aspect of the local culture, as Greek and Turkish are the official languages and English is not as widely spoken. The slower pace of life can also be a challenge for those accustomed to a faster, more hectic lifestyle. The Cypriot concept of time, which is more relaxed and less punctual than in many Western cultures, can be difficult to adjust to. Additionally, the bureaucracy and red tape involved in dealing with government agencies can be frustrating for expats. Lastly, the intense summer heat can be a challenge for those not used to Mediterranean climates," said one expat who made the move to Coral Bay.

Is there a lot of crime in Coral Bay?

We asked people if there is a lot of crime. They answered:

"Coral Bay is generally considered a safe and peaceful area with a low crime rate. Like any tourist destination, it may experience occasional petty crimes such as pickpocketing or minor theft, especially during the peak tourist season. However, violent crime is extremely rare. The local police force is efficient and responsive, contributing to the overall safety of the area. Visitors and residents are advised to take standard precautions to protect their belongings, but can generally feel secure in Coral Bay," wrote one member 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.

SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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William Russell
William Russell

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