Foinikaria, Limassol - From 458,000

Foinikaria, Limassol, Cyprus

For Sale

€458,000

REF: 543456 €458,000


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Description

Three Bedroom Detached Villa For Sale In Foinikaria, Limassol - Title Deeds (New Build Process)This outstanding resort consists of 8 individual luxury 3 bedroom 2 bathroom Villas all with private roof gardens and covered parking. The complex is set in a quiet area with beautiful lake views.... Three Bedroom Detached Villa For Sale In Foinikaria, Limassol - Title Deeds (New Build Process)This outstanding resort consists of 8 individual luxury 3 bedroom 2 bathroom Villas all with private roof gardens and covered parking.

The complex is set in a quiet area with beautiful lake views.- Master Bedroom with ensuite and fitted wardrobes on the roof terrace- 2 Ground floor bedrooms with fitted wardrobes- Open plan living - dining area- Kitchen- Family bathroom- Split system air conditioning- Provision for solar photovoltaic panels- Unfurnished- Covered parking- Plot size - 300 - 550 m2- Internal area - 85 - 127 m2- Covered veranda - 14 - 38 m2- Roof garden - 31 - 46 m2- Storage - 0 - 6 m2- Close to local amenities- 3 Minutes to local schools- 5 Minutes to the sea and beach- 55 Minutes to Larnaca International Airport- 60 Minutes to Paphos International Airport- Suitable for Cyprus Permanent Residency - Fast Track- Subject to VAT- Energy Efficiency AFoinikariaFoinikaria is a village in the Limassol District of Cyprus, located east of the Germasogeia Dam.

It is approximately a 7 kilometres (4 miles) drive from the Germasogeia roundabout, which is located on the Limassol - Nicosia and Limassol - Paphos Highway. It is a 10-minute drive to the sandy beach coast of the City of Limassol and a 15-minute drive to the city centre and surroundings where all amenities can be found.

Foinikaria starts at an altitude of approximately 100 metres (330 feet) and as you drive north this altitude gradually increases to 600 metres (2,000 feet). The village is surrounded by rough terrain and mountains, which are suitable for photography, hiking, mountain climbing and mountain biking. The terrain hosts olive trees, pine trees, palm trees and cedar trees among others as well as various types of wild bushes, wild berries, mushrooms and wild flowers.

Certain plantations are indigenous to the area. The terrain is also home to the Cyprus Falcon, hawks, eagles, squirrels and hedgehogs. It is also suitable for fishing (you need a license to fish) throughout the year. Dragon Boat races, canoeing and Kayak sporting activities are also hosted there throughout the year.

The river water is also used for agricultural purposes. Foinikaria has existed since the medieval times and possibly has its origins from the Byzantine period. The village has also been known as Phinica and Einicaria as was evident from maps from the Venetian period. There is evidence that suggest Foinikaria was also part of the ancient kingdom of Amathunda.

Many residents from older generations of the village claimed that the villages name derived from the ancient mythological bird Phoenix, who rose from flames and ashes just as the old village of Foinikaria did when it was completely burned and destroyed from the continuous raids and attacks from outsiders.

Other residents claim that the name of the village derived from the word Palm Tree, which is Phoenikas (F?????a?) in Greek. Site of interest include the Greek Christian Orthodox Church of Virgin Mary Chryseleosis, Nature trail paths, village cafeteria / restaurant with a children's playground, the community library, the rock with the holy water of Saint Lucas, off road driving and motocross areas.------------* Title Deeds (New Build Process)* Roof Garden* Lake Views* Suitable to Cyprus Permanent Residency - Fast Track* Subject to VAT* Off Plan - Completion December 2024* Energy Efficiency AFoinikariaFoinikariaCounty: LimassolSale Type: Under OfferRef #: KAL001N3
Three Bedroom Detached Villa For Sale In Foinikaria, Limassol - Title Deeds (New Build Process)This outstanding resort consists of 8 individual luxury 3 bedroom 2 bathroom Villas all with private roof gardens and covered parking. The complex is set in a quiet area with beautiful lake views.... Three Bedroom Detached Villa For Sale In Foinikaria, Limassol - Title Deeds (New Build Process)This outstanding resort consists of 8 individual luxury 3 bedroom 2 bathroom Villas all with private roof gardens and covered parking.

The complex is set in a quiet area with beautiful lake views.- Master Bedroom with ensuite and fitted wardrobes on the roof terrace- 2 Ground floor bedrooms with fitted wardrobes- Open plan living - dining area- Kitchen- Family bathroom- Split system air conditioning- Provision for solar photovoltaic panels- Unfurnished- Covered parking- Plot size - 300 - 550 m2- Internal area - 85 - 127 m2- Covered veranda - 14 - 38 m2- Roof garden - 31 - 46 m2- Storage - 0 - 6 m2- Close to local amenities- 3 Minutes to local schools- 5 Minutes to the sea and beach- 55 Minutes to Larnaca International Airport- 60 Minutes to Paphos International Airport- Suitable for Cyprus Permanent Residency - Fast Track- Subject to VAT- Energy Efficiency AFoinikariaFoinikaria is a village in the Limassol District of Cyprus, located east of the Germasogeia Dam.

It is approximately a 7 kilometres (4 miles) drive from the Germasogeia roundabout, which is located on the Limassol - Nicosia and Limassol - Paphos Highway. It is a 10-minute drive to the sandy beach coast of the City of Limassol and a 15-minute drive to the city centre and surroundings where all amenities can be found.

Foinikaria starts at an altitude of approximately 100 metres (330 feet) and as you drive north this altitude gradually increases to 600 metres (2,000 feet). The village is surrounded by rough terrain and mountains, which are suitable for photography, hiking, mountain climbing and mountain biking. The terrain hosts olive trees, pine trees, palm trees and cedar trees among others as well as various types of wild bushes, wild berries, mushrooms and wild flowers.

Certain plantations are indigenous to the area. The terrain is also home to the Cyprus Falcon, hawks, eagles, squirrels and hedgehogs. It is also suitable for fishing (you need a license to fish) throughout the year. Dragon Boat races, canoeing and Kayak sporting activities are also hosted there throughout the year.

The river water is also used for agricultural purposes. Foinikaria has existed since the medieval times and possibly has its origins from the Byzantine period. The village has also been known as Phinica and Einicaria as was evident from maps from the Venetian period. There is evidence that suggest Foinikaria was also part of the ancient kingdom of Amathunda.

Many residents from older generations of the village claimed that the villages name derived from the ancient mythological bird Phoenix, who rose from flames and ashes just as the old village of Foinikaria did when it was completely burned and destroyed from the continuous raids and attacks from outsiders.

Other residents claim that the name of the village derived from the word Palm Tree, which is Phoenikas (F?????a?) in Greek. Site of interest include the Greek Christian Orthodox Church of Virgin Mary Chryseleosis, Nature trail paths, village cafeteria / restaurant with a children's playground, the community library, the rock with the holy water of Saint Lucas, off road driving and motocross areas.------------* Title Deeds (New Build Process)* Roof Garden* Lake Views* Suitable to Cyprus Permanent Residency - Fast Track* Subject to VAT* Off Plan - Completion December 2024* Energy Efficiency AFoinikariaFoinikariaCounty: LimassolSale Type: Under OfferRef #: KAL001N3
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Property on Map

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Currency Exchange

Foinikaria, Limassol, 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 €458,000 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
€458,000 £379,366 £393,628 £14,262
Property Price € €458,000
Minimum cost in the last six months £379,366
Maximum cost in the last six months £393,628
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,262

Foinikaria, Limassol, 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 €458,000 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
€458,000 £379,366 £393,628 £14,262
Property Price € €458,000
Minimum cost in the last six months £379,366
Maximum cost in the last six months £393,628
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,262

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 £14,262 more.

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