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Reduced Price! Stunning Luxury 5 Bedroom villa with panoramic sea views for sale in Coral Bay
Coral Bay, Paphos, Cyprus
REF: 163541
€1,750,000
Description
Reduced Price! Stunning Luxury 5 Bedroom villa with panoramic sea views for sale in Coral Bay. The property is ideally located offering lots of privacy and is within a short 5 minute driving distance to the coral bay tourist area with all the amenities such as bars/restaurants/shops and the famous blue flag beaches. The property is built on a large plot of 1340m2 split on three levels with a large 12x9 meter swimming pool (with provisions to make it into a heated pool) offering stunning views of coral bay and the Mediterranean Sea. The house comprises of 5 large bedrooms with an extra maids room and 5 bathrooms with one en suite, two family bathrooms, a guest toilet with a shower and a shower in the maids room. The property is built with high standards and quality materials and had a recent renovation. Features: Double glazing, Air conditioning in all rooms, provision for central heating, fly screens, pressure pump, solar panels, granite worktops, marble tiles and staircase, ceiling fans, wind sensor outside blinds, 5 KW Solar batteries (23 panels connected with the main electric grid reducing electricity costs to minimal) and its own bore well. The property comes with full title deeds and furniture negotiable. A must see property.
Reduced Price! Stunning Luxury 5 Bedroom villa with panoramic sea views for sale in Coral Bay. The property is ideally located offering lots of privacy and is within a short 5 minute driving distance to the coral bay tourist area with all the amenities such as bars/restaurants/shops and the famous blue flag beaches. The property is built on a large plot of 1340m2 split on three levels with a large 12x9 meter swimming pool (with provisions to make it into a heated pool) offering stunning views of coral bay and the Mediterranean Sea. The house comprises of 5 large bedrooms with an extra maids room and 5 bathrooms with one en suite, two family bathrooms, a guest toilet with a shower and a shower in the maids room. The property is built with high standards and quality materials and had a recent renovation. Features: Double glazing, Air conditioning in all rooms, provision for central heating, fly screens, pressure pump, solar panels, granite worktops, marble tiles and staircase, ceiling fans, wind sensor outside blinds, 5 KW Solar batteries (23 panels connected with the main electric grid reducing electricity costs to minimal) and its own bore well. The property comes with full title deeds and furniture negotiable. A must see property.
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Currency Exchange
Coral Bay, 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 €1,750,000 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 |
|---|---|---|---|
| €1,750,000 | £1,455,790 | £1,506,085 | £50,295 |
| Property Price € | €1,750,000 |
| Minimum cost in the last six months | £1,455,790 |
| Maximum cost in the last six months | £1,506,085 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,295 |
Coral Bay, 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 €1,750,000 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 |
|---|---|---|---|
| €1,750,000 | £1,455,790 | £1,506,085 | £50,295 |
| Property Price € | €1,750,000 |
| Minimum cost in the last six months | £1,455,790 |
| Maximum cost in the last six months | £1,506,085 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,295 |
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 £50,295 more.
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