Villa Margarita - Luxury Spacious Villa, Opposite Coralia Beach | Villa in Paphos
5 Bedroom Villa in Pegeia, Paphos
Villa Margarita has just been fully renovated and modernised (June 2026). This high-quality villa offers stylish, comfortable accommodation in one of the most sought-after positions in Coral Bay, Cyprus — directly opposite Corallia Beach! 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. Corallia Bay Beach, one of the area's most popular sandy beaches, is right across the road, with a beach bar, restaurant, showers and facilities close at hand. Coral Bay Beach is just a five-minute walk away with further bars, restaurants and water sports hire. Local bars, restaurants, a gelateria and a mini supermarket are all within easy walking distance, so a car isn't essential. The lively Coral Bay "strip" is a relaxed 15-minute walk, and the local bus stops adjacent to the villa, reaching it in a couple of minutes.
There is ample parking within the villa grounds. On entering, you are welcomed into an impressive reception room that sets the tone for the space, quality and attention to detail found throughout.
The main living area is bright, spacious and open plan — a relaxed, sociable environment ideal for families or groups of friends. At its centre is a stylish modern kitchen with high-spec appliances, including two built-in French-style fridge freezers with plenty of space for chilled drinks and fresh local produce. A sleek built-in bar area adds a touch of luxury, perfect for pre-dinner drinks and entertaining at home. The living area offers comfortable seating and a wall-mounted OLED television with local and international channels, plus an indoor dining area. Six sets of double sliding doors open the living space beautifully to the outside for true indoor-outdoor holiday living. All areas are covered by modern, efficient and powerful air conditioning.
Beautifully Designed Bedrooms
Five spacious, tastefully decorated bedrooms, each fully air conditioned with individual controls, blackout curtains throughout, USB charging points and carefully selected prints of local natural beauty.
Bedroom 1 – Paloma
Ground floor, ideal for guests who prefer not to use stairs. Super king-size bed, double sofa bed, excellent storage and an ensuite bathroom. Double patio doors open onto a quiet garden space — a peaceful spot for morning coffee.
Bedroom 2 – Manhattan
First floor. Super king-size bed, double sofa bed, plenty of storage and a modern ensuite wet room. Three large slit windows and double sliding patio doors fill the room with natural light, opening onto a balcony with stunning sea views.
Bedroom 3 – Mojito
First floor. Centrally positioned king-size bed, ample storage and double sliding doors to the balcony — beautiful views across Coral Bay, even from bed.
Bedroom 4 – Cosmopolitan
First floor. Super king-size bed, double sofa bed, generous storage and an ensuite bathroom. A large window overlooks the garden towards the Akamas Peninsula, and double sliding patio doors lead to the balcony — wonderful for evening drinks, sea views and breathtaking Cyprus sunsets.
Bedroom 5 – Daiquiri
First floor. King-size bed, double sofa bed, storage and an ensuite bathroom. Double sliding doors open onto a Juliet balcony over the quiet garden.
The villa also has well-equipped central shower rooms on both floors — added convenience for families and larger groups.
Breathtaking Outdoor Living
At the heart of the grounds is a large, multi-level crystal-clear swimming pool with an in-pool sunbathing area, built-in bar stools, a generous main swimming area and wide, easy-access steps — comfortable to enter and the perfect place to sit and enjoy the water.
Directly outside the living area, modern sunbeds are arranged across a large tiled terrace, with luxury thatched sun umbrellas for shade and a relaxed Mediterranean feel. There is also a hot tub with both heating and cooling functions for year-round enjoyment, and a stylish outdoor wooden shower pod. A children's play area sits in the shade, away from the pool — a safer, more comfortable space for younger guests.
A standout feature is the impressive outdoor entertaining area. A stunning 34 sqm pergola houses a fully equipped outdoor kitchen: teppanyaki grill, pizza oven, two ceramic BBQs, ice machine, oven, dishwasher and two large French-door fridge freezers, centred on a large kitchen island — the perfect focal point for preparing food, socialising and making lifelong memories. Alongside, a beautiful 50 sqm pergola covers the outdoor dining and relaxation area, furnished with modern dining furniture, comfortable seating and wall-mounted fans.
Well-maintained Mediterranean gardens and a grassed area add colour and greenery. The grounds are fully enclosed and not overlooked, offering an excellent sense of privacy, security and peace of mind.
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
Sandy Corallia Beach is literally across the road, with Coral Bay beach also recommended. Both are family oriented and great for swimming, sunbathing and snorkeling, with sunbeds, umbrellas, water sports and beach cafés.
Golf
Several excellent courses around Paphos: Aphrodite Hills, Tsada, Secret Valley, Minthis Hills and Elea — all within approximately 30-45 minutes drive.
Special Interest Holidays
Coral Bay and Paphos offer a raft of activities: water sports and jet skis, quad bikes, jeep safaris, mini golf, heritage sites, go-karting, horse riding, bowling, modern shopping, a Water Park and the Paphos Bird & Animal Park, to mention a few!
Further Details
Coral Bay has a whole strip of fantastic restaurants — from traditional Greek meze to international cuisine — plus bars, clubs, a mini-amusement park, shops, bakery, mini-markets, a bank, coffee shops, chemist and more. Daily flights with EasyJet and RyanAir from the UK can be found at great prices.
Latchi is approx a 35 minute drive: enjoy a great fish meze along the harbour front, take out a self-drive boat from Latchi Watersports Centre with a 15% saving via our special arrangement, or join a boat tour to the famous Blue Lagoon.
Paphos is on the UNESCO World Cultural Heritage list — the Tombs of the Kings, the Old Town with its famous indoor market, the Venetian fort and Mosaics, boat trips from the harbour, spa treatments and diving courses. Sea Caves, the Akamas Peninsula and the Troodos Mountains offer amazing views, or hire a car and explore the island's small villages. Taxis and car hire are both very reasonable in Cyprus.
DISCLAIMER
Carbon monoxide alarm - Outside area only
Hot Tub & heated pool extra charges apply, and should be booked in advance to guarantee availability and heating on arrival.
Baby cot (with professionally laundered linen) extra charges apply.
Pets - we welcome pets in special circumstances; please contact our Reservations Team first to discuss. Additional surcharges apply.
All amenities mentioned and shown in photographs are subject to availability.
Our villas come with a minimum age restriction and are mainly designed for families and couples, though some are better suited for parties, weddings and events because of their surroundings. If you are a group or would like to use the villa for an event or party, please get in touch before booking online so we can help you book the right accommodation. We reserve the right to move you to more suitable accommodation, or give a full refund, if we cannot approve your group, event or party — so please get in touch first and let us help you out.
A word about how the villa is enjoyed. Margarita sits in a quiet
residential corner of Coral Bay, with family homes on every side. It
suits families, several families together, and larger groups under one
roof. Gatherings are welcome — a small wedding, a big birthday, a
corporate retreat with morning yoga. What it isn't is a party villa:
outdoor music finishes at 10pm and the garden belongs to the crickets.
Villa Margarita - Luxury Spacious Villa, Opposite Coralia Beach is located in Pegeia. Villa Margarita - Luxury Spacious Villa, Opposite Coralia Beach provides accommodation, featuring Hot Tub, Kitchen, Pool, among other amenities. This Villa features Air Conditioner, Parking and Pool to make your stay a comfortable one.
Villa Margarita - Luxury Spacious Villa, Opposite Coralia 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.
This Property is OneKey Eligible
Earn OneKeyCash for every dollar spent on eligible vacation rentals, villas, cottages, cabins, and more when you book on Vrbo.
Amenities
Facility Overview
-
Air conditioning
-
Heating
-
Shower
-
6 bathrooms
-
Toilet paper
-
Soap
-
Towels provided
-
Hair dryer
-
5 bedrooms
-
Bed sheets provided
-
Dining table
-
Breakfast available for a fee
-
Dining room
-
Spices
-
Oven
-
Cookware/dishes/utensils
-
Stovetop
-
Dishwasher
-
Coffee/tea maker
-
Refrigerator
-
Microwave
-
Electric kettle
-
Washing machine and dryer
-
Near laundromat
-
Laundry facilities
-
Onsite parking
-
Car not required
-
No pets allowed
-
Smoke-free property
-
Hiking nearby
-
Golfing on site
-
Water park nearby
-
Kayak on site
-
Winery tours nearby
-
Water sports equipment
-
Marina nearby
-
Boat on site
-
Cave exploring nearby
-
Swimming nearby
-
Bicycle on site
-
Golf privileges
-
Tennis on site
-
Mountain climbing nearby
-
Fitness facilities nearby
-
Mountain biking nearby
-
Water skiing nearby
-
DVD player
-
TV with cable/satellite service
-
Stereo
-
Pool or billiards table
-
Table tennis
-
Unit size: 4252 sq ft (395 sq m)
-
Dutch
-
German
-
Swedish
-
English
-
Greek
-
Russian
-
Near the sea
-
Near a zoo
-
Near the bay
-
Near a hospital
-
Near outlet shopping
-
Near the ocean
-
Playground
-
Housekeeping (on request)
-
Iron/ironing board
-
Safe
-
WiFi available
-
Outdoor furniture
-
Barbecue grill
-
Balcony
-
Garden
-
First aid kit
-
Smoke detector installed (host has indicated there is a smoke detector on the property)
-
Carbon monoxide detector installed (host has indicated there is a carbon monoxide detector on the property)
-
Fire extinguisher
-
Private pool
-
Hot tub
-
Outdoor pool
Policies
Extra-person charges may apply and vary depending on property policy government-issued photo identification and a credit card, debit card, or cash deposit may be required at check-in for incidental charges host has indicated there is a carbon monoxide detector on the property host has indicated there is a smoke detector on the property long-term renters welcome parties and events are allowed on site safety features at this property include a fire extinguisher and a first aid kit special requests are subject to availability upon check-in and may incur additional charges; special requests cannot be guaranteed this property has outdoor spaces, such as balconies, patios, terraces which may not be suitable for children; if you have concerns, we recommend contacting the property prior to your arrival to confirm they can accommodate you in a suitable room this property is managed through our partner, vrbo. you will receive an email from vrbo with a link to a vrbo account, where you can change or cancel your reservation
Reviews
FAQ's
Is this property pet-friendly for guests?
No, pets are not allowed at this property. Check the guest reviews to learn what guests had to share.
Does the property have a swimming pool?
Yes, this Pegeia villa has a swimming pool. Check the Facility Overview section for details about the pool and other available facilities.
How much does it cost per night to stay in property?
Best-rates for the Pegeia villa starts from $1,083 per night with includes Breakfast, Barbecue/Outdoor Cooking, Hot Tub, Kitchen, Pool, View, Wellness Facilities, TV, Child Friendly, Internet, Laundry, Air Conditioner, Parking, Private Pool, Oceanfront, Security/Safety, Sports/Activities, Bedding/Linens, Heating, Ocean View, Balcony/Terrace, Entertainment with all other facilities. matches every traveler with their perfect accommodation, whether you are traveling with a group, friends, family, or pets.
Is property a family-friendly place to stay?
Based on the information we have received from the owner or our partner, this is considered to be a family-friendly property. Families have rated this villa Good or guests have recommended them suitable for families. As reported by the owner or manager, the villa has specified that children are welcome. Please see details about suitability for your family or inquire with the property to learn more.
Is the property wheelchair accessible or offer services for disabled guests?
Based on the information received from our partner, the Pegeia villa has not specified they are wheelchair accessible. Likewise, there is not an elevator specified as being available at the property. Specific accessibility details may be addressed in the property details section of this page.
What is the minimum night stay policy for the property?
Based on the information reported by the owner or manager, the Pegeia villa indicates 1 day stay policy at this villa. Guests are cautioned that the minimum stay policy may differ based on seasonality or availability and may be at the discretion of the owner or manager.
What cancellation policy is in place for property?
Guests are cautioned that the cancellation policy may differ based on seasonality, availability, or current travel restrictions. Guests should also be aware that this policy may be subject to change and should be confirmed prior to booking. More details may be available on this page in the property description. However, early check-in or late check-out can sometimes be negotiated between the guest and the owner or the manager of this property.
