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This well-maintained detached villa is located in Coral Bay
Coral Bay, Paphos, Cyprus
REF: 463052
€575,000
Description
This well-maintained detached villa is located in Coral Bay. The location of this property is walking distance to the beach, amenities such as restaurants, bars, banks, and taverns. This also includes a 5-minute drive to the town center. The property has a gated driveway leading into the home with a private uncovered parking space surrounding with greenery from the landscaped garden which includes an irrigation system. The outdoor is tiled with an private swimming pool and barbeque area, with a spacious patio area, where you can enjoy sitting in the warm Cypriot sun. Entering into the detached villa you ll find an open plan styled lounge that flows into the dining area with an open kitchen. The open kitchen has a lot of storage space, white goods such as a washing machine, dish washer, oven and stove top. The lounge area has a fire place where you can enjoy cosy winters, which flows outside to the spacious veranda where you have room to BBQ and entertain guests or use this space to relax. On this level you are met with a spacious double bedroom which also leads outside to the spacious veranda, with the beautiful views of the swimming pool and lovely maintained garden. Up the stairs you are met with 2 spacious bedroom, master bedroom with an ensuite bathroom as well as both double bedrooms are with fitted wardrobes, both leading into a large balcony with stunning views.This property is an investment opportunity for long term rentals or for a family residence. This property s key features include a private swimming pool, large landscaped garden area, big balcony, air conditioning, private parking and full title deeds.
This well-maintained detached villa is located in Coral Bay. The location of this property is walking distance to the beach, amenities such as restaurants, bars, banks, and taverns. This also includes a 5-minute drive to the town center. The property has a gated driveway leading into the home with a private uncovered parking space surrounding with greenery from the landscaped garden which includes an irrigation system. The outdoor is tiled with an private swimming pool and barbeque area, with a spacious patio area, where you can enjoy sitting in the warm Cypriot sun. Entering into the detached villa you ll find an open plan styled lounge that flows into the dining area with an open kitchen. The open kitchen has a lot of storage space, white goods such as a washing machine, dish washer, oven and stove top. The lounge area has a fire place where you can enjoy cosy winters, which flows outside to the spacious veranda where you have room to BBQ and entertain guests or use this space to relax. On this level you are met with a spacious double bedroom which also leads outside to the spacious veranda, with the beautiful views of the swimming pool and lovely maintained garden. Up the stairs you are met with 2 spacious bedroom, master bedroom with an ensuite bathroom as well as both double bedrooms are with fitted wardrobes, both leading into a large balcony with stunning views.This property is an investment opportunity for long term rentals or for a family residence. This property s key features include a private swimming pool, large landscaped garden area, big balcony, air conditioning, private parking and full title deeds.
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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 €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 | £478,331 | £494,857 | £16,526 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £478,331 |
| Maximum cost in the last six months | £494,857 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,526 |
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 €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 | £478,331 | £494,857 | £16,526 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £478,331 |
| Maximum cost in the last six months | £494,857 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,526 |
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 £16,526 more.
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