For Sale a super luxury House On the Beach A luxury Property on the Beach next to Luxury Resort and Hotel

Chloraka, Paphos, Cyprus

For Sale

€5,500,000

REF: 585862 €5,500,000


7

7


500 m2

1400 m2

Description

For Sale a super luxury House On the Beach A luxury Property on the Beach next to Luxury Resort and Hotel. Private Area on the Beach walking distance to all the facilities. a Villa of 7 bedrooms en-suite, living room, dining room. A custom design Italian kitchen with a secondary kitchen with food lift elevator. Indoor facilities cinema, gym with steam room, 3-car indoor garage with special revolving parking mechanism, underfloor heating, VRV cooling system, CCTV and laser alarm system, SMART house for cooling, heating, lighting and music, Indoor connecting with outdoor pool, pool glass view in the basement, glass pool walls on vanishing edge, dancing waters for pool, BBQ sitting area and kitchenette. No vat, company transfer of shares.
For Sale a super luxury House On the Beach A luxury Property on the Beach next to Luxury Resort and Hotel. Private Area on the Beach walking distance to all the facilities. a Villa of 7 bedrooms en-suite, living room, dining room. A custom design Italian kitchen with a secondary kitchen with food lift elevator. Indoor facilities cinema, gym with steam room, 3-car indoor garage with special revolving parking mechanism, underfloor heating, VRV cooling system, CCTV and laser alarm system, SMART house for cooling, heating, lighting and music, Indoor connecting with outdoor pool, pool glass view in the basement, glass pool walls on vanishing edge, dancing waters for pool, BBQ sitting area and kitchenette. No vat, company transfer of shares.
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Property on Map

#2386

Currency Exchange

Chloraka, 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 €5,500,000 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
€5,500,000 £4,575,340 £4,733,410 £158,070
Property Price € €5,500,000
Minimum cost in the last six months £4,575,340
Maximum cost in the last six months £4,733,410
Fluctuating exchange rates over the last six months could have increased the cost of this property by £158,070

Chloraka, 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 €5,500,000 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
€5,500,000 £4,575,340 £4,733,410 £158,070
Property Price € €5,500,000
Minimum cost in the last six months £4,575,340
Maximum cost in the last six months £4,733,410
Fluctuating exchange rates over the last six months could have increased the cost of this property by £158,070

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 £158,070 more.

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