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For Sale 3 Bedroom bungalow in Neo Chorio - Paphos - Cyprus
Neo Chorio, Paphos, Cyprus
REF: 360739
€575,000
Description
Exclusive luxury bungalow - villa located on the outskirts of the stone built village of Neo Chorio, at the bounders of Akamas forest and natural reserve. The site is a 5 minute drive from the picturesque fishing port and tourist resort of Latsi and half an hour north of Paphos Town. The prime location of the elevated hills behind Neo Chorio offers excellent views of the surrounding landscape. These ground floor L shaped villa are contemporary in design, still inspired by the traditional architectural language of Cyprus, with embracing volumes, mild sloped tile roofs and stone-built walls. They blend in well with the environment and coexist harmoniously with the tranquility and silence, characteristic of their natural setting. Land area: 6.022 m2 Villa covered indoor area: 200 m2 3 en-suite Bedrooms Veranda with Sitting & Dining Area Storage Room Swimming Pool BBQ Area Covered Parking Area Visitors Parking Area
Exclusive luxury bungalow - villa located on the outskirts of the stone built village of Neo Chorio, at the bounders of Akamas forest and natural reserve. The site is a 5 minute drive from the picturesque fishing port and tourist resort of Latsi and half an hour north of Paphos Town. The prime location of the elevated hills behind Neo Chorio offers excellent views of the surrounding landscape. These ground floor L shaped villa are contemporary in design, still inspired by the traditional architectural language of Cyprus, with embracing volumes, mild sloped tile roofs and stone-built walls. They blend in well with the environment and coexist harmoniously with the tranquility and silence, characteristic of their natural setting. Land area: 6.022 m2 Villa covered indoor area: 200 m2 3 en-suite Bedrooms Veranda with Sitting & Dining Area Storage Room Swimming Pool BBQ Area Covered Parking Area Visitors Parking Area
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Currency Exchange
Neo Chorio, 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 €575,000 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 |
|---|---|---|---|
| €575,000 | £476,278 | £494,184 | £17,906 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £476,278 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,906 |
Neo Chorio, 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 €575,000 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 |
|---|---|---|---|
| €575,000 | £476,278 | £494,184 | £17,906 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £476,278 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,906 |
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 £17,906 more.
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