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Price + VAT The residence - an elegant development, consist of seven contemporary designed villas
Chloraka, Paphos, Cyprus
REF: 684446
€770,000
Description
Price + VAT The residence - an elegant development, consist of seven contemporary designed villas. Sitting on a flat land , just 150 m from the sea front and 250 m to a sandy beach in Chloraka, Paphos town. The property offer privacy and at the same time proximity to all nearby infrastructure facilities. Several 5 star hotels, restaurants and supermarkets are within walking distance. The property created in a single modern architectural style and built in two different levels in a prime location. The villas/residences offer nice views of the Mediterranean Sea, one of the main advantages of the project, from all its rooms: the spacious living room that opens onto a large terrace with an infinity pool, three spacious bedrooms are on the second floor. An ideal investment, which gives the opportunity for a permanent residence or a holiday home, just 5 minutes drive from Paphos city centre and port and only 3 km away from Coral Bay Beach and upcoming Marina, Aspire English School is 1,5 km away.
Price + VAT The residence - an elegant development, consist of seven contemporary designed villas. Sitting on a flat land , just 150 m from the sea front and 250 m to a sandy beach in Chloraka, Paphos town. The property offer privacy and at the same time proximity to all nearby infrastructure facilities. Several 5 star hotels, restaurants and supermarkets are within walking distance. The property created in a single modern architectural style and built in two different levels in a prime location. The villas/residences offer nice views of the Mediterranean Sea, one of the main advantages of the project, from all its rooms: the spacious living room that opens onto a large terrace with an infinity pool, three spacious bedrooms are on the second floor. An ideal investment, which gives the opportunity for a permanent residence or a holiday home, just 5 minutes drive from Paphos city centre and port and only 3 km away from Coral Bay Beach and upcoming Marina, Aspire English School is 1,5 km away.
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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 €770,000 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 |
|---|---|---|---|
| €770,000 | £640,548 | £662,677 | £22,130 |
| Property Price € | €770,000 |
| Minimum cost in the last six months | £640,548 |
| Maximum cost in the last six months | £662,677 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,130 |
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 €770,000 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 |
|---|---|---|---|
| €770,000 | £640,548 | £662,677 | £22,130 |
| Property Price € | €770,000 |
| Minimum cost in the last six months | £640,548 |
| Maximum cost in the last six months | £662,677 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,130 |
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 £22,130 more.
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