Published on 27 Mar 2022, 09:54
Aerial view of Peyia Village
Peyia village located in Paphos District is certainly a hidden gem, offering peace and tranquillity along with luxury rarely found elsewhere. Rich and famous people like Shakira, John Terry and Peter Krause along with dozens of retirees bought magnificent villas here, in the middle of the larger Mediterranean paradise known as Cyprus. The village has the uncanny ability to draw in wealthy visitors from far and wide and for some reason it appears that Peyia is the place where celebrities and multi-millionaires in search of luxury property in Cyprus seem to be drawn to.
Peyia, sometimes spelt Pegeia, is located along the steep hills near Coral Bay, overlooking the picturesque Akamas peninsula. The village can be found about 14km outside Paphos to the northwest and has a relatively small to medium sized population of just over twelve thousand people, many of whom are part of Cyprus’ large community of expats. Peyia is, in many ways, a fairly ordinary Cypriot village with all the basic amenities one might find in most other Cypriot towns but the thing that makes it so unique and thus so attractive to foreigners looking to purchase property in Cyprus, is its location.
Paphos is known for being beautiful due to its location. The city looks out on the Mediterranean Sea as do many other towns and cities in Cyprus. However, Peyia is located in a particularly beautiful place right on the hillside meaning from almost anywhere in the village esidents and visitors can look out at Coral Bay and even see Paphos in the distance. Peyia serves as a vantage point from where one can look out at what is perhaps the most beautiful view Cyprus has to offer. The city’s relatively remote location also provides a certain level of peace and quiet rarely found elsewhere. It is close enough to Paphos to not feel totally isolated while simultaneously providing the opportunity to relax and unwind far from the hustle and bustle of a larger city.
Many of the people that call Peyia home do so on a temporary basis, merely purchasing summer homes they visit annually. Many of the residents are retired expats and there is a growing number of millionaire property owners who come in search of a place to relax, far away from prying eyes. Such people generally expect a certain level of luxury wherever they are and Peyia, though a small quiet town, more than meets the challenge of housing millionaire pop stars and football players. Shakira, for example, purchased a luxury villa at an exclusive resort. The home features six bedrooms and eight bathrooms along with many other amenities including a cinema, heated swimming pool and much more. One can only assume Terry, Krause and any other world renowned celebrity in the area has similar requirements when looking for a summer home which points to another reason why the hillside town is becoming popular among the elite.
Peyia has beautiful, million euro homes for sale and recent purchases show that there is no shortage of buyers. Few people associate the words ‘small town’ with the words ‘million euro villa’ but in the case of Peyia, a small quiet town, million euro hillside homes are absolutely not in short supply. The most expensive villa listed for sale currently in Peyia is valued at over 6 million euros. The five bedroom, 1289 square foot property offers an unmatched level of luxury with beautiful furniture from world class designers and modern appliances from trusted brands in the kitchen and living areas. This property is not the exception as there are several other Peyia villas valued at over 6 million and dozens valued at over a million. All offer comfort and opulence overlooking breath-taking views found nowhere else on earth all in the heart of a peaceful town just outside Paphos.
In many ways, Cyprus is one big playground with almost anything a vacationer or permanent resident might need to have a good time on any given day of the week. The island has some of the world’s most beautiful beaches, world class restaurants, vibrant culture and history and no shortage of beautiful, developed cities to visit, each one with something unique to offer. Nicosia, the capital, and Limassol, a beautiful rapidly growing city along the island’s southern edge, are two of the most well-known locations on the island along with Paphos which is located to the southwest and offers amazing views.