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Four bedroom villa for sale in Coral bay
Peyia, Paphos, Cyprus
REF: 205805
€560,000
Description
Excellent opportunity to purchase a 4 bedroom villa in Coral Bay. The coast to the north and to the south of Coral Bay is characterized by rocky headlands and sea caves, Coral Bay itself is a 600m crescent of soft white sand, enclosed by a pair of limestone headlands. A myriad of shops, restaurants and bars made to cater tourists and locals needs, and a long stretch of palm trees and the sandiest beaches that turn a beautiful turquoise color on a sunny day. Coral Bay beach, one of the most famous beaches in Cyprus, carries an EU blue flag certification, which means it adheres to all standards, rules and regulations by the relevant committee. The property offers an open plan living/dining/kitchen area and four separate bedrooms. A viewing is highly recommended.
Excellent opportunity to purchase a 4 bedroom villa in Coral Bay. The coast to the north and to the south of Coral Bay is characterized by rocky headlands and sea caves, Coral Bay itself is a 600m crescent of soft white sand, enclosed by a pair of limestone headlands. A myriad of shops, restaurants and bars made to cater tourists and locals needs, and a long stretch of palm trees and the sandiest beaches that turn a beautiful turquoise color on a sunny day. Coral Bay beach, one of the most famous beaches in Cyprus, carries an EU blue flag certification, which means it adheres to all standards, rules and regulations by the relevant committee. The property offers an open plan living/dining/kitchen area and four separate bedrooms. A viewing is highly recommended.
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Currency Exchange
Peyia, 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 €560,000 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 |
|---|---|---|---|
| €560,000 | £463,854 | £481,292 | £17,438 |
| Property Price € | €560,000 |
| Minimum cost in the last six months | £463,854 |
| Maximum cost in the last six months | £481,292 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,438 |
Peyia, 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 €560,000 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 |
|---|---|---|---|
| €560,000 | £463,854 | £481,292 | £17,438 |
| Property Price € | €560,000 |
| Minimum cost in the last six months | £463,854 |
| Maximum cost in the last six months | £481,292 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,438 |
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 £17,438 more.
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