Villa Margarita - Luxury Spacious Villa, Opposite The Beach | Villa in Paphos

Beautifully Renovated Luxury Villa in a Prime Coral Bay Location
Recently fully renovated and modernised in 2026, this high-quality rental villa offers stylish, comfortable accommodation in one of the most sought-after positions in Coral Bay, Cyprus. Finished to a high standard throughout, the villa has been upgraded inside and out using quality materials, creating a fresh, modern and welcoming holiday home.
The location is exceptional. The villa is positioned directly opposite Corallia Bay Beach, one of the area’s most popular sandy beaches, with excellent amenities including a beach bar, restaurant, showers and facilities close at hand. For guests wanting even more choice, Coral Bay Beach is just a five-minute walk away, offering additional bars, restaurants, amenities and water sports hire.
A range of local amenities are also within easy walking distance, including bars, restaurants, a gelateria and a mini supermarket, making it easy to enjoy your holiday without needing a car.
For those wishing to explore further, the lively Coral Bay “strip” is only a relaxed 15-minute walk away, with its wide selection of restaurants, bars and evening entertainment. Alternatively, the excellent local bus service stops adjacent to the villa, taking you there in just a couple of minutes.
Combining a premium renovation, a superb beachside location and easy access to everything Coral Bay has to offer, this villa is an ideal choice for guests looking for a stylish and convenient Cyprus holiday retreat.
The villa has been thoughtfully designed to offer everything needed for the perfect Cyprus holiday, combining comfort, style and practicality throughout.
There is ample parking within the villa grounds, providing convenient and secure access for guests. On entering the villa, you are welcomed into an impressive reception room that immediately sets the tone for the space, quality and attention to detail found throughout the property.
The main living area is bright, spacious and open plan, creating a relaxed and sociable environment ideal for families or groups of friends. At the centre of the space is a stylish modern kitchen, fitted with high-spec appliances and designed for both everyday convenience and entertaining. Two built-in French-style fridge freezers provide plenty of space for chilled drinks, fresh local produce and delicious Cyprus fruit.
A sleek built-in bar area adds a touch of luxury, making the villa perfect for relaxed evenings, pre-dinner drinks or entertaining at home. The open living area offers plenty of room to unwind, with comfortable seating and a wall-mounted OLED television showing both local and international TV stations.
There is also an indoor dining area for guests who prefer to enjoy meals inside, while the villa’s six sets of double sliding doors create a wonderful indoor-outdoor flow. These open the living space beautifully to the outside, allowing guests to make the most of open-plan holiday living and the warm Cyprus climate.
For year-round comfort, all areas of the villa are covered by modern, efficient and powerful air conditioning, ensuring guests can relax in cool comfort throughout their stay.
Beautifully Designed Bedrooms
The villa offers five spacious and tastefully decorated bedrooms, each designed with comfort, privacy and relaxation in mind. All bedrooms are fully air conditioned, with individual controls in each room, and blackout curtains are fitted throughout to help ensure a restful night’s sleep. USB charging points are available on the socket outlets, and each room is finished with carefully selected prints showcasing areas of local natural beauty.
Bedroom 1 – Paloma
Located on the ground floor, Paloma offers easy same-level access and is ideal for guests who prefer not to use stairs. This spacious room includes excellent storage, a super king-size bed, a double sofa bed and an ensuite bathroom. Double patio doors open out onto a quiet garden space, creating a peaceful setting for morning coffee or a little time away from the main living areas.
Bedroom 2 – Manhattan
Situated on the first floor, Manhattan is a generous and stylish bedroom with plenty of storage, a super king-size bed, a double sofa bed and a modern ensuite wet room. Three large slit windows and double sliding patio doors fill the room with natural light. The bedroom opens directly onto a balcony, the perfect place to enjoy drinks while taking in the stunning sea views.
Bedroom 3 – Mojito
Also located on the first floor, Mojito is a spacious and inviting bedroom featuring a centrally positioned king-size bed, ample storage and double sliding doors leading out to the balcony. Guests can enjoy beautiful views across Coral Bay, even while relaxing in bed.
Bedroom 4 – Cosmopolitan
Cosmopolitan is a spacious first-floor bedroom with a super king-size bed, double sofa bed, generous storage and an ensuite bathroom. A large window overlooks the garden area and out towards the Akamas Peninsula, while double sliding patio doors provide access to the balcony. This is a wonderful spot to enjoy evening drinks, stunning sea views and breathtaking Cyprus sunsets.
Bedroom 5 – Daiquiri
Located on the first floor, Daiquiri is another spacious and comfortable bedroom, offering a king-size bed, double sofa bed, storage and an ensuite bathroom. Double sliding doors open onto a Juliet balcony, with views over the quiet garden area.
In addition to the ensuite facilities, the villa also benefits from well-equipped central shower rooms on both the ground floor and first floor, providing added convenience for families and larger groups.
Breathtaking Outdoor Living
The outside space is truly breathtaking and has been designed to make the most of Cyprus outdoor living. At the heart of the grounds is a large, multi-level crystal-clear swimming pool, perfect for relaxing, cooling off and enjoying long sunny days.
The pool includes an in-pool sunbathing area, built-in bar stools, large easy-access steps and a generous main swimming area. The wide steps make entering and exiting the pool simple and comfortable, while also providing the perfect place to sit, relax and enjoy the water.
Directly outside the main living area, modern comfortable sunbeds are arranged across a large tiled terrace, creating a stylish and spacious area for sunbathing and relaxation. Luxury thatched sun umbrellas provide welcome shade and add to the relaxed Mediterranean feel.
For added indulgence, the villa also features a hot tub with both heating and cooling functions, allowing guests to enjoy it throughout the seasons. There is also a stylish outdoor wooden shower pod for convenience after swimming or sunbathing.
Families are well catered for, with a children’s play area positioned away from the pool and situated in the shade, offering a safer and more comfortable space for younger guests to enjoy.
A standout feature of the villa is the impressive outdoor entertaining area. A stunning 34 sqm pergola houses a fully equipped outdoor kitchen, complete with a teppanyaki grill, pizza oven, two ceramic BBQs, ice machine, oven, dishwasher and two large French-door fridge freezers. It is the perfect setup for relaxed lunches, evening meals, barbecues and entertaining in style. The centerpiece is a large kitchen island, providing the perfect focal point for socialising, preparing food, enjoying drinks together and making lifelong memories.
Alongside this is a beautiful 50 sqm pergola covering the outdoor dining and relaxation area. Furnished with modern dining furniture, comfortable seating and wall-mounted fans, this space is ideal for enjoying long evening meals, drinks with friends or simply relaxing in the shade during the day.
The outdoor areas are complemented by well-maintained Mediterranean gardens and a grassed area, adding colour, greenery and a calm, private feel to the villa grounds. The grounds are fully enclosed and not overlooked, offering guests an excellent sense of privacy, security and peace of mind throughout their stay.
UNIQUE LOCATION
•Fantastically located across from the lovely sandy Corallia Beach
•Only a 1 minute walk and you are in the Mediterranean sea
•Bars & restaurants within walking distance and a bus stop right by the villa
•Approximately 35 minutes drive to Paphos International Airport and 1 hr 45 minutes from Larnaca Airport
*****
UNIQUE VILLA FEATURES
5 Bedrooms, sleeps 10 (additional guests on request)
• Designer furniture with modern features
• Amazing landscaped garden
• Private pool (heated, optional extra)
• Hot Tub (Optional Extra)
• Kids Play Area
• OLED TV with English speaking TV channels
• Hotel quality beds, bedding & linen
• Spacious patio and large private terraces
• Outdoor dining facilities & BBQ for dining al fresco during warm Cyprus evenings
• Free Wi-Fi
• Sun loungers as well as towels and pool towels
• Fully equipped kitchen with hob, oven & grill, 2 French Style fridge-freezers, dishwasher, microwave, washing machine, toaster, kettle and coffee machine
• Air-conditioning throughout
Please note: Due to general wear and tear, some furniture or items shown in the photos may have been replaced or removed and may not be present during your stay. For clarification, please contact our Reservations Team.
*****
SERVICES
•24 hour emergency service
•Housekeeping service, full clean / linen change (optional extra)
•Laundry and dry-cleaning service (optional extra)
•Chef/catering services via trusted external provider (optional extra)
5* REVIEWED
•’Boutique villa’ with every attention paid to interior design and comfort.
•Well maintained and clean, home away from home
The property is completely private with gardens and private pool for the sole use of our guests.
Coast/Beach
The lovely sandy Corallia Beach is literally across the road and we also recommend Coral Bay beach. Both beaches are family oriented and great for swimming, sunbathing and snorkeling. Sunbeds and umbrellas are available, water sports are on offer and there are beach cafés providing refreshments.
Golf
There are several excellent golf courses in Cyprus, all of them around the popular Tourist areas of Paphos: Aphrodite Hills, Tsada, Secret Valley, Minthis Hills, Elea. All within approximately 30-45 minutes drive.
Special Interest Holidays
Exploring Coral Bay, Paphos and everywhere in between, gives you a raft of available activities and attractions. Water sports and jet skis, quad bikes, jeep safaris, mini golf, heritage sites, go-karting, horse riding, bowling, modern shopping facilities, a Water Park and the Paphos Bird & Animal Park to mention a few!
Location
Villa Margarita is fantastically located right opposite the fabulous Corallia Beach and just a few minutes walk to restaurants and bars. Coral Bay is just 1.5km and is full of restaurants, bars and shops. It is around a 30 minute drive from Paphos International Airport, with direct flights from all major airports. Daily flights with EasyJet and RyanAir from the UK can be found with great prices. Larnaca Airport is approx a 1 hour and 45 minute drive via a very well maintained highway.
Further Details
The area of Coral Bay has a whole strip of fantastic restaurants, everything from traditional Greek Meze to International cuisine, bars, clubs, a mini-amusement park with mini golf, shops, bakery, mini-markets, a bank, coffee shops, a bookshop, florist, chemist, a couple of hairdressers and loads more.
Paphos offers a variety of things to do and offers everything you would expect from such a renowned holiday destination. Paphos is one of the few year-round holiday destinations in Europe with blue sky and sunshine almost every day. January and February weather can be unpredictable, but we often stay during these months and find it very nice compared to the UK winter gloom.
Latchi is just approx a 35 minute drive and here you can enjoy a great fish meze in one of the many restaurants along the harbour front and take out a self-drive boat from Latchi Watersports Centre with a 15% saving using our special arrangement or join a boat tour to see the famous Blue Lagoon.
Paphos is on the UNESCO List of World Cultural Heritage. The Tombs of the Kings is one of the main attractions to see and many other historical sites as well as the Old Town with its famous indoor market.
You can visit the Venetian fort and nearby Mosaics or take a boat trip from Paphos Harbour, enjoy spa treatments, golf or take a diving course. Sea Caves, the Akamas Peninsula and Troodos Mountains have the most amazing views, or why not take a car and drive around the island and explore small villages. There is plenty to do and see in Paphos!
Taxis are very reasonable in Cyprus and car hire is also very reasonable.
DISCLAIMER
Carbon monoxide alarm - Outside area only
Hot Tub & heated pool extra charges apply. Hot Tub & heated pool should be booked in advance to guarantee availability and heating on arrival.
Baby cot (included professionally laundered linen) extra charges apply.
Pets - we welcome pets in special circumstances, please reach out to our Reservations Team to first discuss your requests. Please note, additional surcharges apply.
All amenities mentioned and shown in photographs are subject to availability.
The use of our villas comes with a minimum age restriction and are mainly designed for and focused on accommodating families and couples.
However, some of our villas are better suited for parties, weddings and events because of their surroundings.
If you are a group, or you would like to use the villa for an event or party, we would love to help you book the right accommodation for your particular needs and ask you to get in touch before booking online.
We reserve the right to move you to more suitable accommodations, or give you a full refund if we are not able to approve or accommodate your group, event or party. So please get in touch first and let us help you out.

Villa Margarita - Luxury Spacious Villa, Opposite The Beach is located in Pegeia. Villa Margarita - Luxury Spacious Villa, Opposite The Beach provides accommodation, featuring Parking, Ocean View, Balcony/Terrace, among other amenities. This Villa features Parking, Ocean View, Balcony/Terrace, to make your stay a comfortable one.

Villa Margarita - Luxury Spacious Villa, Opposite The Beach has 5 Bedrooms , 6 Bathrooms, and max occupancy of 24 people. The minimum rental for this property is 1 nights, but this can change depending on the season you plan on staying. Previous guests have given good rated it, and VRBO labeled it a top-rated Villa because of the excellent services rendered by the owner or manager of this Villa, and has consistently provided great experiences for their guests. Most families or guests that use it recommend it to their friends and some of them are repeat guests. Villa has a friendly neighborhood, and the Pegeia has interesting places to visit. If you want to learn more about the Villa in Pegeia, such as places to visit and things to do nearby, you can check below to learn more.