Kokkines, Ayia Napa, Famagusta - 650,000

Kokkines, Famagusta, Cyprus

For Sale

€650,000

REF: 543926 €650,000


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8

Description

Eight Bedroom Detached Villa For Sale in Kokkines, Ayia Napa with Land Deeds***PRICE REDUCTION***(was 895.000)***Sitting on a large plot in the hills of Kokkines, this extensive property boasts stunning views over the countryside towards the sea and new Ayia Napa Marina.... Eight Bedroom Detached Villa For Sale in Kokkines, Ayia Napa with Land Deeds***PRICE REDUCTION***(was 895.000)***Sitting on a large plot in the hills of Kokkines, this extensive property boasts stunning views over the countryside towards the sea and new Ayia Napa Marina.

The property was once a 4 bedroom villa that has been extended to create a spacious 8 bedroom family home. On the ground floor there are open plan living, dining and kitchen areas, two formal lounges, office room, sun room, two double bedrooms with ensuite facilities and guests WC's. On the first floor you will find 6 double bedrooms, including two master bedrooms with ensuite facilities and two family bathrooms.

Outside large concrete verandas provide plenty of space for sunbathing and entertaining. The current owners have partitioned part of the villa to make two separate 4 bedroom properties. Due to the location and size the property would make an ideal holiday rental / business opportunity.- 8 double bedrooms with fitted wardrobes and balcony access- 2 master bedrooms with private ensuite facilities- 2 ground floor bedrooms with ensuite facilities- 2 open plan living, dining and kitchen areas- 2 formal lounges- Office room- Sun room- 2 family bathrooms- 2 guest WC- Air conditioning- Ceiling fans- Fly screens- Furniture by negotiation- The property would benefit from some modernisation- Off road car parking- Storage shed- Pool provisions (the current pool would need renovations and new licence authorised)- Internal 545 m2- Plot size 2745 m2- 5 minutes to the nearest beach- 5 minutes to the local shops and amenities- 40 minutes to Larnaca International Airport- Suitable for Cyprus Permanent Residency- Energy Efficiency TBCAyia NapaTransformed from a traditional fishing village, Ayia Napa is now a lively resort that has something for everyone.

The centre of the town is built around a medieval monastery which was built in the form of a medieval castle around 1500 AD. Ayia Napa also boasts a traditional harbour, beautiful beaches including the famous Nissi Beach, a Sculpture Park, children's Luna Park and is home to the award winning Waterworld themed water park.

The harbour has been fully pedestrianised with cafes and fish tavernas lining the front and a wooden walkway travels the length of the harbour and continues to neighbouring Ayia Thekla and the new Marina.------------* Land Deeds* Large Plot* Sea Views* Suitable for Cyprus Permanent Residency* Air Conditioning* Resale* Energy Efficiency TBCKokkinesAyia NapaCounty: FamagustaSale Type: For SaleRef #: EPCC1378
Eight Bedroom Detached Villa For Sale in Kokkines, Ayia Napa with Land Deeds***PRICE REDUCTION***(was 895.000)***Sitting on a large plot in the hills of Kokkines, this extensive property boasts stunning views over the countryside towards the sea and new Ayia Napa Marina.... Eight Bedroom Detached Villa For Sale in Kokkines, Ayia Napa with Land Deeds***PRICE REDUCTION***(was 895.000)***Sitting on a large plot in the hills of Kokkines, this extensive property boasts stunning views over the countryside towards the sea and new Ayia Napa Marina.

The property was once a 4 bedroom villa that has been extended to create a spacious 8 bedroom family home. On the ground floor there are open plan living, dining and kitchen areas, two formal lounges, office room, sun room, two double bedrooms with ensuite facilities and guests WC's. On the first floor you will find 6 double bedrooms, including two master bedrooms with ensuite facilities and two family bathrooms.

Outside large concrete verandas provide plenty of space for sunbathing and entertaining. The current owners have partitioned part of the villa to make two separate 4 bedroom properties. Due to the location and size the property would make an ideal holiday rental / business opportunity.- 8 double bedrooms with fitted wardrobes and balcony access- 2 master bedrooms with private ensuite facilities- 2 ground floor bedrooms with ensuite facilities- 2 open plan living, dining and kitchen areas- 2 formal lounges- Office room- Sun room- 2 family bathrooms- 2 guest WC- Air conditioning- Ceiling fans- Fly screens- Furniture by negotiation- The property would benefit from some modernisation- Off road car parking- Storage shed- Pool provisions (the current pool would need renovations and new licence authorised)- Internal 545 m2- Plot size 2745 m2- 5 minutes to the nearest beach- 5 minutes to the local shops and amenities- 40 minutes to Larnaca International Airport- Suitable for Cyprus Permanent Residency- Energy Efficiency TBCAyia NapaTransformed from a traditional fishing village, Ayia Napa is now a lively resort that has something for everyone.

The centre of the town is built around a medieval monastery which was built in the form of a medieval castle around 1500 AD. Ayia Napa also boasts a traditional harbour, beautiful beaches including the famous Nissi Beach, a Sculpture Park, children's Luna Park and is home to the award winning Waterworld themed water park.

The harbour has been fully pedestrianised with cafes and fish tavernas lining the front and a wooden walkway travels the length of the harbour and continues to neighbouring Ayia Thekla and the new Marina.------------* Land Deeds* Large Plot* Sea Views* Suitable for Cyprus Permanent Residency* Air Conditioning* Resale* Energy Efficiency TBCKokkinesAyia NapaCounty: FamagustaSale Type: For SaleRef #: EPCC1378
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Property on Map

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Currency Exchange

Kokkines, Famagusta, 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

Kokkines, Famagusta, 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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