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Carat Club Project is an iconic residential projected, located 80m from the seashore, with breathtaking views of the sea, on an elevated bay-cliff near Kissonerga Avenue
Kissonerga, Paphos, Cyprus
REF: 115280
€2,990,000
Description
Carat Club Project is an iconic residential projected, located 80m from the seashore, with breathtaking views of the sea, on an elevated bay-cliff near Kissonerga Avenue. Carat Club consists of five exclusive residences: Villa Exelsior (Type A), Villa Sansy (Type B), Villa Hope (Type B), Villa Nizami (Type B) and Villa La Luna (Type C). The fundamental considerations that shape the architectural design are the quality of Mediterranean light and shade in the plan, immediate views to the sea and a landmark mansion style with exquisite detailing based on local urban historic references. The facade is gracefully austere and sits on a private garden accessible by a fenced private road, viewing a park. The seaside fully opens to the uninterrupted sea- view, over private swimming pools overflowing on the edge of the natural cliff. The Houses consist of three main levels, all accessible by grand stair and elevator. Houses A&C feature a fourth level, to roof room, accessible by elevator and secondary stair. The Structural Frame is made of least 30cm wide concrete columns and beams, conforming to anti-seismic EU regulations. The concrete structure is thermally insulated with rigid insulation varying from 7 to 17cm, to exceed the thermal conductivity required. The external walls are 43cm thick, with double brick construction containing rigid insulation inside and finished with plastering on both sides. The external final coating is KOURASANIT, which embodies a thick layer of the final two-tone coloration (Cyprus-sand tone and textured Mediterranean white) and requires minimal future exterior maintenance or repainting, exceeding the thermal conductivity required. All patio doors and windows are of high-quality white anodized aluminum, utilizing RABEL thermal systems, with double glazing and slight tinting on the glass, for temperature, natural light, and acoustic performance. All internal walls are of 10,20,30cm thick red hollow brick construction, plastered, with spatula and high-quality emulsion paint. All main interior areas will feature gypsum- board ceilings in exquisite designs. Concealed lighting exists in all areas of ceilings.
Carat Club Project is an iconic residential projected, located 80m from the seashore, with breathtaking views of the sea, on an elevated bay-cliff near Kissonerga Avenue. Carat Club consists of five exclusive residences: Villa Exelsior (Type A), Villa Sansy (Type B), Villa Hope (Type B), Villa Nizami (Type B) and Villa La Luna (Type C). The fundamental considerations that shape the architectural design are the quality of Mediterranean light and shade in the plan, immediate views to the sea and a landmark mansion style with exquisite detailing based on local urban historic references. The facade is gracefully austere and sits on a private garden accessible by a fenced private road, viewing a park. The seaside fully opens to the uninterrupted sea- view, over private swimming pools overflowing on the edge of the natural cliff. The Houses consist of three main levels, all accessible by grand stair and elevator. Houses A&C feature a fourth level, to roof room, accessible by elevator and secondary stair. The Structural Frame is made of least 30cm wide concrete columns and beams, conforming to anti-seismic EU regulations. The concrete structure is thermally insulated with rigid insulation varying from 7 to 17cm, to exceed the thermal conductivity required. The external walls are 43cm thick, with double brick construction containing rigid insulation inside and finished with plastering on both sides. The external final coating is KOURASANIT, which embodies a thick layer of the final two-tone coloration (Cyprus-sand tone and textured Mediterranean white) and requires minimal future exterior maintenance or repainting, exceeding the thermal conductivity required. All patio doors and windows are of high-quality white anodized aluminum, utilizing RABEL thermal systems, with double glazing and slight tinting on the glass, for temperature, natural light, and acoustic performance. All internal walls are of 10,20,30cm thick red hollow brick construction, plastered, with spatula and high-quality emulsion paint. All main interior areas will feature gypsum- board ceilings in exquisite designs. Concealed lighting exists in all areas of ceilings.
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Currency Exchange
Kissonerga, 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 €2,990,000 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 |
|---|---|---|---|
| €2,990,000 | £2,487,321 | £2,573,254 | £85,933 |
| Property Price € | €2,990,000 |
| Minimum cost in the last six months | £2,487,321 |
| Maximum cost in the last six months | £2,573,254 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £85,933 |
Kissonerga, 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 €2,990,000 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 |
|---|---|---|---|
| €2,990,000 | £2,487,321 | £2,573,254 | £85,933 |
| Property Price € | €2,990,000 |
| Minimum cost in the last six months | £2,487,321 |
| Maximum cost in the last six months | £2,573,254 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £85,933 |
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 £85,933 more.
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