Apartment

211, Pernera, Famagusta, Cyprus

For Sale

€95,000

REF: 573806 €95,000


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Description

A rare chance to purchase a NEWLY RENOVATED, second floor apartment on an established complex with hotel style luxuries and excellent rental potential in Pernera - KAA112 Formerly a popular hotel in the Pernera area, this complex was completely renovated in 2011 to turn it into the beautiful establishment we see now.

No expense was spared in completely modernizing the communal areas which are very well run and include a huge swimming pool, pool bar, restaurant, lobby area and short mat bowling green.The entrance leads into an open plan design of kitchen, living and dining area. With a fantastic `Venge` kitchen, the fixtures and fittings of this property are second to none.

The modern double bedroom is spacious and includes built in floor to ceiling wardrobes. The stylish bathroom with new fixtures and ceramics includes a shower, WC and sink. For maximum comfort and relaxation the apartment has full central heating/air conditioning. Ideally located, just a short walk from the beach, harbour and local bars and restaurants.

For those intending to use the property for rentals the electricity is operated by pre paid cards allowing your guests to purchase their own power. Not only is this apartment ideally located for holidays rentals, there is already an existing rental stream. Service Charges Include: Use of Swimming Pool Water Rates Refuse charge sewage charges Cleaning of public areas Cleaning of pool Maintaining gardenCentral Heating6 satellite (sky) TV channels in apartment Free Wi-Fi in Public Areas Facilities with Extra Charge: 6 rink short mat bowlingSeasonal bar on site serving food and drink Internet Cafe (Wi`Fi is free with own laptop or smart phone) LaundrettePERNERAThe tourist brochures often class Pernera as Protaras although it is a resort in its own right.

Now joining Protaras with a well-lit and beautifully designed walkway, Pernera boasts a rocky coastline interspersed with a dozen or more sandy coves and beaches. There are a wealth of hotels, bars and restaurants which rival those of the main resort. The stunning fishing harbour, at Golden Coast, is a great place to see the daily catch land or to catch a boat trip for fun or for some serious fishing..

ABOUT THE FAMAGUSTA REGIONWhether you are planning to visit the Famagusta region of the Republic of Cyprus for the first time or you are already in love with the area, there is something here for everyone.The area is not known as the Jewel of the Eastern Mediterranean` for nothing! From the stunning cliffs of Cavo Greko (the most Easterly point of Europe) to quaint inland villages, to the 44 (yes 44!) white sandy Blue Flag beaches, the area holds something for every palette.

We have beautiful nature trails, water sports galore, amazing fresh cuisine, nightlife, one of the top waterparks in Europe, fishing harbours, a world class Marina and the list goes on and on! You are never far from anywhere in Famagusta, a maximum 15 minute drive to the nearest beach from even the most inland villages.Thousands of expats of all nationalities have made Cyprus their home over the years due to the warm local welcome, fantastic climate and host of things to do.

The bustling cities of Limassol, Larnaca and Nicosia are just over an hour away but here you can enjoy a more relaxed pace of life. Crime rates are amongst the lowest in Europe, English and Russian are widely spoken and there is always time for a chat, a coffee or a glass of wine in the sunshine. We look forward to introducing you to hidden gems of the area on your next visit.ISLAND HOMES ESTATE AGENTSIsland Homes have been working with both local and overseas buyers and sellers for over 20 years.

We specialise in property sales in the Famagusta region with seaside properties from Protaras to Ayia Napa; major towns including Paralimni and Deryneia and also covering all of the beautiful red soil villages` including Xylofagou, Vrysoulles, Frenaros, Avgorou, Dasaki Achna and Sotira. All of our team live locally and have worked together for many, many years.

We are also all immigrants to Cyprus and property owners ourselves so can guarantee that we have lived through the same experiences as that of our clients. We have in-depth knowledge of the area, the facilities, the amenities and, of course, every one of the properties that we advertise for sale. Prior to advertising we undertake a full due diligence on every home to ensure that we can fully inform our clients about the legal status of each house or apartment.Our reputation is hugely important to us so, for a truly personal experience, contact us and we will work together to find your dream home!
A rare chance to purchase a NEWLY RENOVATED, second floor apartment on an established complex with hotel style luxuries and excellent rental potential in Pernera - KAA112 Formerly a popular hotel in the Pernera area, this complex was completely renovated in 2011 to turn it into the beautiful establishment we see now.

No expense was spared in completely modernizing the communal areas which are very well run and include a huge swimming pool, pool bar, restaurant, lobby area and short mat bowling green.The entrance leads into an open plan design of kitchen, living and dining area. With a fantastic `Venge` kitchen, the fixtures and fittings of this property are second to none.

The modern double bedroom is spacious and includes built in floor to ceiling wardrobes. The stylish bathroom with new fixtures and ceramics includes a shower, WC and sink. For maximum comfort and relaxation the apartment has full central heating/air conditioning. Ideally located, just a short walk from the beach, harbour and local bars and restaurants.

For those intending to use the property for rentals the electricity is operated by pre paid cards allowing your guests to purchase their own power. Not only is this apartment ideally located for holidays rentals, there is already an existing rental stream. Service Charges Include: Use of Swimming Pool Water Rates Refuse charge sewage charges Cleaning of public areas Cleaning of pool Maintaining gardenCentral Heating6 satellite (sky) TV channels in apartment Free Wi-Fi in Public Areas Facilities with Extra Charge: 6 rink short mat bowlingSeasonal bar on site serving food and drink Internet Cafe (Wi`Fi is free with own laptop or smart phone) LaundrettePERNERAThe tourist brochures often class Pernera as Protaras although it is a resort in its own right.

Now joining Protaras with a well-lit and beautifully designed walkway, Pernera boasts a rocky coastline interspersed with a dozen or more sandy coves and beaches. There are a wealth of hotels, bars and restaurants which rival those of the main resort. The stunning fishing harbour, at Golden Coast, is a great place to see the daily catch land or to catch a boat trip for fun or for some serious fishing..

ABOUT THE FAMAGUSTA REGIONWhether you are planning to visit the Famagusta region of the Republic of Cyprus for the first time or you are already in love with the area, there is something here for everyone.The area is not known as the Jewel of the Eastern Mediterranean` for nothing! From the stunning cliffs of Cavo Greko (the most Easterly point of Europe) to quaint inland villages, to the 44 (yes 44!) white sandy Blue Flag beaches, the area holds something for every palette.

We have beautiful nature trails, water sports galore, amazing fresh cuisine, nightlife, one of the top waterparks in Europe, fishing harbours, a world class Marina and the list goes on and on! You are never far from anywhere in Famagusta, a maximum 15 minute drive to the nearest beach from even the most inland villages.Thousands of expats of all nationalities have made Cyprus their home over the years due to the warm local welcome, fantastic climate and host of things to do.

The bustling cities of Limassol, Larnaca and Nicosia are just over an hour away but here you can enjoy a more relaxed pace of life. Crime rates are amongst the lowest in Europe, English and Russian are widely spoken and there is always time for a chat, a coffee or a glass of wine in the sunshine. We look forward to introducing you to hidden gems of the area on your next visit.ISLAND HOMES ESTATE AGENTSIsland Homes have been working with both local and overseas buyers and sellers for over 20 years.

We specialise in property sales in the Famagusta region with seaside properties from Protaras to Ayia Napa; major towns including Paralimni and Deryneia and also covering all of the beautiful red soil villages` including Xylofagou, Vrysoulles, Frenaros, Avgorou, Dasaki Achna and Sotira. All of our team live locally and have worked together for many, many years.

We are also all immigrants to Cyprus and property owners ourselves so can guarantee that we have lived through the same experiences as that of our clients. We have in-depth knowledge of the area, the facilities, the amenities and, of course, every one of the properties that we advertise for sale. Prior to advertising we undertake a full due diligence on every home to ensure that we can fully inform our clients about the legal status of each house or apartment.Our reputation is hugely important to us so, for a truly personal experience, contact us and we will work together to find your dream home!
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Property on Map

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Currency Exchange

211, Pernera, 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 €95,000 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
€95,000 £78,271 £81,648 £3,377
Property Price € €95,000
Minimum cost in the last six months £78,271
Maximum cost in the last six months £81,648
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,377

211, Pernera, 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 €95,000 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
€95,000 £78,271 £81,648 £3,377
Property Price € €95,000
Minimum cost in the last six months £78,271
Maximum cost in the last six months £81,648
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,377

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 £3,377 more.

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