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517,000+VAT Set in a quiet location, yet only 3 minutes drive from sandy beaches of coral bay, these 2 and 3 bedroom villas in the Peyia - Coral bay area offer something different for the demanding customer
Coral Bay, Paphos, Cyprus
REF: 610791
€517,000
Description
517,000+VAT Set in a quiet location, yet only 3 minutes drive from sandy beaches of coral bay, these 2 and 3 bedroom villas in the Peyia - Coral bay area offer something different for the demanding customer. Surrounded by greenery in a low density area, necessary amenities are a short walk away, as these villas are located equidistance between coral bay, the Sea caves and Peyia village. The villas command outstanding panoramic views and with high architectural and buildig quality that satisfies the requirements for an envious lifestyle. With large land spaces securing privacy from each other completing the features of this exellent project, the value for the money pricing will surely secure satisfaction of a good purchase. All properties are blessed with large gardened land plots, securing both pricvacy from each other but also a sense of a small community's security. Moreover, they command ounstanding panoranic views of the the Mediterranean, private parking and independent access. Four villas have just been completed, whilst another four are in the planning stage.
517,000+VAT Set in a quiet location, yet only 3 minutes drive from sandy beaches of coral bay, these 2 and 3 bedroom villas in the Peyia - Coral bay area offer something different for the demanding customer. Surrounded by greenery in a low density area, necessary amenities are a short walk away, as these villas are located equidistance between coral bay, the Sea caves and Peyia village. The villas command outstanding panoramic views and with high architectural and buildig quality that satisfies the requirements for an envious lifestyle. With large land spaces securing privacy from each other completing the features of this exellent project, the value for the money pricing will surely secure satisfaction of a good purchase. All properties are blessed with large gardened land plots, securing both pricvacy from each other but also a sense of a small community's security. Moreover, they command ounstanding panoranic views of the the Mediterranean, private parking and independent access. Four villas have just been completed, whilst another four are in the planning stage.
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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 €517,000 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 |
|---|---|---|---|
| €517,000 | £430,263 | £445,944 | £15,681 |
| Property Price € | €517,000 |
| Minimum cost in the last six months | £430,263 |
| Maximum cost in the last six months | £445,944 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,681 |
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 €517,000 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 |
|---|---|---|---|
| €517,000 | £430,263 | £445,944 | £15,681 |
| Property Price € | €517,000 |
| Minimum cost in the last six months | £430,263 |
| Maximum cost in the last six months | £445,944 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,681 |
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 £15,681 more.
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