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Re-define the luxury of living by the sea Located at the heart of the prestigious Pafos coastline, Coral Residences is a luxurious resort that features 12 villas and 20 apartments, all designed with timeless elegance
Coral Bay, Paphos, Cyprus
REF: 403737
€650,000
Description
Re-define the luxury of living by the sea Located at the heart of the prestigious Pafos coastline, Coral Residences is a luxurious resort that features 12 villas and 20 apartments, all designed with timeless elegance. From their elevated position on a private and unspoiled beach with a backdrop of mountains, all its exclusive residences enjoy the magnificent frontline sea-view with mesmerizing vistas across the sea providing memorable sunsets in the evening. Set on a prime location next to the vibrant and cosmopolitan city of Pafos, Coral Residences are at close proximity from golden Coral Bay blue-flag beach, whilst they are set to be the only luxury free-hold projects in the region adjoining the planned Pafos Marina, with an expected capacity for 1000 vessels and one of the largest marinas in the island. To add more value to the property, all residents boast a platinum membership to club services, which guarantee a 24-hour security service, reception and distinguished concierge services with reputable operators. Moreover, both residents and their guests are able to enjoy exclusive facilities, including a fully-equipped gym, a relaxing sauna, and much more This property is perfect as a holiday retreat, as an investment or as a permanent residency. The property is for sale with furniture, fixtures and fittings. Ref. No. SLS21680
Re-define the luxury of living by the sea Located at the heart of the prestigious Pafos coastline, Coral Residences is a luxurious resort that features 12 villas and 20 apartments, all designed with timeless elegance. From their elevated position on a private and unspoiled beach with a backdrop of mountains, all its exclusive residences enjoy the magnificent frontline sea-view with mesmerizing vistas across the sea providing memorable sunsets in the evening. Set on a prime location next to the vibrant and cosmopolitan city of Pafos, Coral Residences are at close proximity from golden Coral Bay blue-flag beach, whilst they are set to be the only luxury free-hold projects in the region adjoining the planned Pafos Marina, with an expected capacity for 1000 vessels and one of the largest marinas in the island. To add more value to the property, all residents boast a platinum membership to club services, which guarantee a 24-hour security service, reception and distinguished concierge services with reputable operators. Moreover, both residents and their guests are able to enjoy exclusive facilities, including a fully-equipped gym, a relaxing sauna, and much more This property is perfect as a holiday retreat, as an investment or as a permanent residency. The property is for sale with furniture, fixtures and fittings. Ref. No. SLS21680
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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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
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 £20,241 more.
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