House Detached in Kornos, Nicosia

5679, Cyprus

For Sale

€6,000,000

REF: 642752 €6,000,000


4

4

1111 m2

Description

Reference ID: #SA25840Price details: 6,000,000The property is loacated in Kornos around 30 minutes from Larnaca, Nicosia & Limassol. It was build in 2008 and is 1,111 sqm of covered area including storage and double parking within 6,685sqm of land.The ground floor comprises of a huge reception area with two fireplaces, kitchen, play room and an office.Outside there is a bbq area, play ground, trails which lead to the garden and a 76sqm swimming pool with a jacuzzi.On the first floor there are 4 bedrooms including the master bedroom which has a sauna, jacuzzi walk-in wardrobe and balconies.In the basement there is a wine cellar and space for wine tasting events, gym, strong room and glass doors with direct access to the garden.The house also has lift for all three floors, sound system, alarm and cctv.
Reference ID: #SA25840Price details: 6,000,000The property is loacated in Kornos around 30 minutes from Larnaca, Nicosia & Limassol. It was build in 2008 and is 1,111 sqm of covered area including storage and double parking within 6,685sqm of land.The ground floor comprises of a huge reception area with two fireplaces, kitchen, play room and an office.Outside there is a bbq area, play ground, trails which lead to the garden and a 76sqm swimming pool with a jacuzzi.On the first floor there are 4 bedrooms including the master bedroom which has a sauna, jacuzzi walk-in wardrobe and balconies.In the basement there is a wine cellar and space for wine tasting events, gym, strong room and glass doors with direct access to the garden.The house also has lift for all three floors, sound system, alarm and cctv.
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Property on Map

#SA25840

Currency Exchange

5679, 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 €6,000,000 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
€6,000,000 £4,969,860 £5,156,700 £186,840
Property Price € €6,000,000
Minimum cost in the last six months £4,969,860
Maximum cost in the last six months £5,156,700
Fluctuating exchange rates over the last six months could have increased the cost of this property by £186,840

5679, 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 €6,000,000 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
€6,000,000 £4,969,860 £5,156,700 £186,840
Property Price € €6,000,000
Minimum cost in the last six months £4,969,860
Maximum cost in the last six months £5,156,700
Fluctuating exchange rates over the last six months could have increased the cost of this property by £186,840

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 £186,840 more.

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