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Price + VAT Luxury beach residence is a stone s throw away from the Mediterranean Sea, in a new and upper coming area of Paphos, offering coastal living at its best
Yeroskipou, Paphos, Cyprus
REF: 114629
€995,000
Description
Price + VAT Luxury beach residence is a stone s throw away from the Mediterranean Sea, in a new and upper coming area of Paphos, offering coastal living at its best. The project faces a coastline of sandy beaches, beside the main tourist area of the region that includes luxury hotels, restaurants, cafes and shops, which lead, trough a pedestrian boulevard, to the medieval castle and the picturesque fishing harbour. It is conveniently located only a few minutes' drive to Paphos International schools, the airport, Golf courses and other amenities and leisure activities. The development consists of sixty seven smart beach villas and a club house with many amenities, all serviced by a private gated road. Attached to the development is over 5,500 m of public green areas with walkways that connect to the beach and the Mediterranean sea. Each residence includes an open plan living and dinning room with a modern kitchen, a guest wc and an elegant staircase leading to three bedrooms with a main bathroom and an en suit shower in the master bedroom which also includes a covered balcony. The staircase continues to the roof terrace. Some other villas include a fourth bedroom with an en suit shower at the ground floor. High quality finish. Low cost maintenance is required.
Price + VAT Luxury beach residence is a stone s throw away from the Mediterranean Sea, in a new and upper coming area of Paphos, offering coastal living at its best. The project faces a coastline of sandy beaches, beside the main tourist area of the region that includes luxury hotels, restaurants, cafes and shops, which lead, trough a pedestrian boulevard, to the medieval castle and the picturesque fishing harbour. It is conveniently located only a few minutes' drive to Paphos International schools, the airport, Golf courses and other amenities and leisure activities. The development consists of sixty seven smart beach villas and a club house with many amenities, all serviced by a private gated road. Attached to the development is over 5,500 m of public green areas with walkways that connect to the beach and the Mediterranean sea. Each residence includes an open plan living and dinning room with a modern kitchen, a guest wc and an elegant staircase leading to three bedrooms with a main bathroom and an en suit shower in the master bedroom which also includes a covered balcony. The staircase continues to the roof terrace. Some other villas include a fourth bedroom with an en suit shower at the ground floor. High quality finish. Low cost maintenance is required.
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Currency Exchange
Yeroskipou, Paphos, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €995,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €995,000 | £827,721 | £856,317 | £28,596 |
| Property Price € | €995,000 |
| Minimum cost in the last six months | £827,721 |
| Maximum cost in the last six months | £856,317 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,596 |
Yeroskipou, Paphos, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €995,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €995,000 | £827,721 | £856,317 | £28,596 |
| Property Price € | €995,000 |
| Minimum cost in the last six months | £827,721 |
| Maximum cost in the last six months | £856,317 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,596 |
The exchange rate on the day you make an offer on your property in Cyprus will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £28,596 more.
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