Morea
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Morea

⚲  Pegeia · Coral Bay
Starting from$756,000 +VAT≈ €700,000 +VAT
Type
Villas
Bedrooms
3 – 4 Bed
Size from
165 m²
Handover
2028
Payment
30 / 70
The Development

Contemporary villas on the Pegeia peninsula, just 200 metres from Coral Bay beach — Mediterranean living wrapped in natural beauty.

Contemporary villas on the Pegeia peninsula, just 200 metres from Coral Bay beach — Mediterranean living wrapped in natural beauty.

Morea is an exclusive enclave of design-led villas on the tranquil Pegeia peninsula, only 200 metres from the celebrated Coral Bay beach. Generous indoor-outdoor layouts, private pools and premium finishes frame one of the Paphos coast's most sought-after settings.

  • 200m from Coral Bay beach
  • Tranquil Pegeia peninsula
  • Private pool per villa
  • Design-led premium finishes
  • EU residency eligible
  • Strong holiday-rental demand
Gallery

Inside the residences

Amenities

A life fully serviced

Swimming Pools

Communal and private pools.

Wellness & Gym

Fitness and spa facilities.

Landscaped Gardens

Mediterranean landscaping.

Covered Parking

Secure resident parking.

Energy Efficient

Smart, A-rated finishes.

Beach & Amenities

Minutes to sea and town.

Payment Plan

Structured around you

30%
On Contract
Reservation & SPA
70%
On Completion
Final payment
Projected Returns

The investment case

7.2%
Capital Growth p.a.
6.7%
Rental Yield
13.9%
Combined Target ROI

Pegeia villas 200m from Coral Bay beach. EU permanent residency from $325,000, no annual property tax and zero stamp duty (2026) keep more of the yield in your pocket.  See the full Cyprus tax & returns guide →

Location

The centre of everything

200 m
Coral Bay Beach
05 min
Pegeia Village
20 min
Paphos Centre
30 min
Paphos Airport
Answers

Morea, answered

The questions buyers ask us most about this home.

How much does Morea cost?

Prices at Morea start from $756,000 +VAT (about €700,000 +VAT). It offers Villas in Pegeia · Coral Bay, on a 30 / 70 payment plan. Ask us for the live price list and current availability.

When does Morea complete?

Morea is scheduled for handover in 2028. As an off-plan purchase you pay in stages tied to construction, so you lock in today's price and settle the balance as the building progresses.

Can a foreigner buy at Morea?

Yes. EU citizens buy freely, and non-EU buyers can own the freehold with a routine Council of Ministers approval. Cyprus is a full EU member with an English-friendly, landlord-friendly legal system.

What returns can I expect at Morea?

INOVO targets around 13.9% blended annual ROI at Morea — roughly 7.2% capital growth and 6.7% rental yield. These are projections based on current Cyprus market data, not a guarantee; your actual return depends on timing, financing and how the home is let.

Does buying Morea qualify me for residency or a visa?

Yes. A new-build purchase from €300,000 plus VAT, with €50,000 of income from abroad, qualifies for Cyprus permanent residency — an EU PR route usually granted in about six months. A new build like Morea is exactly what this route requires.

Where is Morea?

Morea is in Pegeia · Coral Bay, Cyprus. Close by: Coral Bay Beach (200 m), Pegeia Village (05 min), Paphos Centre (20 min).

Anton Sulcek, Founder & CEO at INOVO
One advisor, start to finish

Work directly with Anton

You will not be handed around a call centre. Anton Sulcek — INOVO's founder — personally guides you from the first shortlist through reservation, payment plan and handover, across all nine markets. One point of contact, honest advice, and pricing direct from the developer with no markup.

More about Anton →

Make Morea yours

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