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This brand new villa, offering 4 bedrooms and 4 bathroom with a private pool
Peyia, Paphos, Cyprus
REF: 692833
€1,350,000
Description
This brand new villa, offering 4 bedrooms and 4 bathroom with a private pool. The villa is located in Peyia, which is continually growing and developing. The location of this property is close to amenities such as restaurants, bars, banks, and taverns. This includes a 15-minute drive to the sea, and 5-minute drive to the town centre. You can enjoy its sandy beaches which have been awarded the EU Blue Flag for clean waters. Peyia is only a stone throw away from well-known areas as such as Coral Bay which means you can enjoy the traditional culture of Cyprus while enjoying the modern amenities. The property has reinforced concrete structure, which is designed to seismic specifications and regulations of 2022.The energy performance is designed and built for reduction of energy consumption. Property's Kitchen has European handless fitting, Italian Individually designed layouts, Techno granite worktops and Modern slim line stainless kitchen sink. For the flooring, it has European Imported Ceramic tiles in all areas, and Marble tiles for stairs.
This brand new villa, offering 4 bedrooms and 4 bathroom with a private pool. The villa is located in Peyia, which is continually growing and developing. The location of this property is close to amenities such as restaurants, bars, banks, and taverns. This includes a 15-minute drive to the sea, and 5-minute drive to the town centre. You can enjoy its sandy beaches which have been awarded the EU Blue Flag for clean waters. Peyia is only a stone throw away from well-known areas as such as Coral Bay which means you can enjoy the traditional culture of Cyprus while enjoying the modern amenities. The property has reinforced concrete structure, which is designed to seismic specifications and regulations of 2022.The energy performance is designed and built for reduction of energy consumption. Property's Kitchen has European handless fitting, Italian Individually designed layouts, Techno granite worktops and Modern slim line stainless kitchen sink. For the flooring, it has European Imported Ceramic tiles in all areas, and Marble tiles for stairs.
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Currency Exchange
Peyia, 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 €1,350,000 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 |
|---|---|---|---|
| €1,350,000 | £1,118,219 | £1,160,258 | £42,039 |
| Property Price € | €1,350,000 |
| Minimum cost in the last six months | £1,118,219 |
| Maximum cost in the last six months | £1,160,258 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,039 |
Peyia, 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 €1,350,000 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 |
|---|---|---|---|
| €1,350,000 | £1,118,219 | £1,160,258 | £42,039 |
| Property Price € | €1,350,000 |
| Minimum cost in the last six months | £1,118,219 |
| Maximum cost in the last six months | £1,160,258 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,039 |
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 £42,039 more.
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