Bungalow in Pervolia

5144, Cyprus

For Sale

€230,000

REF: 699429 €230,000


3

1

100 m2

Description

Sunshine Luxury Villas presents this beautifully renovated 2 Bedroom detached bungalow with a separated small house on a plot of 350m in Pervolia, Larnaca. It is perfectly located within walking distance to all the amenities, 800m from the beach, less than 10min. drive to the airport and about 15min.

drive to Larnaca. The main house comprises a living and a dining area, an open plan kitchen equipped with brand new electrical appliances, 1 large master bedroom, the 2nd bedroom, and a bathroom with a huge double shower. There is a separate stone-built house of 20m that can be used as an office/guest/playroom or can be converted into an investment studio.

The house was renovated in 2022 and offers 3 new A/C units, shutters, mosquito screens, electrical tent, new electrical wiring, thermal and water roof insulation, photovoltaic panels, new solar panels and water tank, new furniture, 1 covered and 1 uncovered parking space and benefits of its large outdoor space with courtyard, verandas, and garden.

It is a move-in-ready house, fully furnished and equipped. Furthermore, the property is in zone H1 with a building density of 120%, coverage of 70%, and 3 floors allowance, so there is unused building density. Year of construction - 2006. Sold fully furnished with private covered parking. Title Deeds.

There are numerous reasons why buying property in Larnaca, a charming city located on the southeastern coast of Cyprus, is a smart choice. Larnaca offers a unique blend of natural beauty, rich history, economic potential, and a relaxed lifestyle, making it an appealing destination for investors and individuals seeking a new place to call home.

1. Strategic Location: Larnaca enjoys a strategic location, making it easily accessible from major cities and international destinations. The city is home to the country's main international airport, providing excellent connectivity to Europe, the Middle East, and beyond. Larnaca is also well-connected to other Cypriot cities, making it convenient for travel within the island.

2. Expanding Economy: Larnaca has experienced significant economic growth in recent years, with thriving sectors such as tourism, shipping, services, and real estate. The city's strategic location, coupled with government initiatives to attract investment, has created a favorable business environment, presenting opportunities for economic prosperity and job creation.

3. Beautiful Beaches: Larnaca boasts stunning sandy beaches with clear turquoise waters, offering residents and visitors an opportunity to relax, swim, and enjoy water sports. The city's coastline is dotted with Blue Flag beaches, ensuring high-quality standards and pristine environments. 4. Rich Cultural Heritage: Larnaca is steeped in history and culture, with numerous historical sites and landmarks.

The city is home to the Church of Saint Lazarus, an impressive Byzantine church dating back to the 9th century, as well as the Larnaca Salt Lake, a protected area that serves as a habitat for migratory birds. 5. Affordable Property Prices: Compared to other popular destinations in Cyprus, Larnaca offers relatively affordable property prices, making it an attractive option for buyers.

Whether you're looking for a beachfront apartment, a traditional village house, or a modern villa, Larnaca provides a range of options to suit different budgets and preferences. 6. Multicultural Environment: Larnaca is known for its welcoming and diverse community. The city attracts a mix of locals, expatriates, and tourists, creating a multicultural environment that fosters cultural exchange and integration.

This vibrant community adds to the city's charm and offers opportunities for networking and new friendships. 7. Vibrant City Life: Larnaca offers a vibrant city life with a variety of entertainment options. The city is home to a bustling promenade lined with restaurants, cafes, and shops, where residents can enjoy a leisurely stroll
Sunshine Luxury Villas presents this beautifully renovated 2 Bedroom detached bungalow with a separated small house on a plot of 350m in Pervolia, Larnaca. It is perfectly located within walking distance to all the amenities, 800m from the beach, less than 10min. drive to the airport and about 15min.

drive to Larnaca. The main house comprises a living and a dining area, an open plan kitchen equipped with brand new electrical appliances, 1 large master bedroom, the 2nd bedroom, and a bathroom with a huge double shower. There is a separate stone-built house of 20m that can be used as an office/guest/playroom or can be converted into an investment studio.

The house was renovated in 2022 and offers 3 new A/C units, shutters, mosquito screens, electrical tent, new electrical wiring, thermal and water roof insulation, photovoltaic panels, new solar panels and water tank, new furniture, 1 covered and 1 uncovered parking space and benefits of its large outdoor space with courtyard, verandas, and garden.

It is a move-in-ready house, fully furnished and equipped. Furthermore, the property is in zone H1 with a building density of 120%, coverage of 70%, and 3 floors allowance, so there is unused building density. Year of construction - 2006. Sold fully furnished with private covered parking. Title Deeds.

There are numerous reasons why buying property in Larnaca, a charming city located on the southeastern coast of Cyprus, is a smart choice. Larnaca offers a unique blend of natural beauty, rich history, economic potential, and a relaxed lifestyle, making it an appealing destination for investors and individuals seeking a new place to call home.

1. Strategic Location: Larnaca enjoys a strategic location, making it easily accessible from major cities and international destinations. The city is home to the country's main international airport, providing excellent connectivity to Europe, the Middle East, and beyond. Larnaca is also well-connected to other Cypriot cities, making it convenient for travel within the island.

2. Expanding Economy: Larnaca has experienced significant economic growth in recent years, with thriving sectors such as tourism, shipping, services, and real estate. The city's strategic location, coupled with government initiatives to attract investment, has created a favorable business environment, presenting opportunities for economic prosperity and job creation.

3. Beautiful Beaches: Larnaca boasts stunning sandy beaches with clear turquoise waters, offering residents and visitors an opportunity to relax, swim, and enjoy water sports. The city's coastline is dotted with Blue Flag beaches, ensuring high-quality standards and pristine environments. 4. Rich Cultural Heritage: Larnaca is steeped in history and culture, with numerous historical sites and landmarks.

The city is home to the Church of Saint Lazarus, an impressive Byzantine church dating back to the 9th century, as well as the Larnaca Salt Lake, a protected area that serves as a habitat for migratory birds. 5. Affordable Property Prices: Compared to other popular destinations in Cyprus, Larnaca offers relatively affordable property prices, making it an attractive option for buyers.

Whether you're looking for a beachfront apartment, a traditional village house, or a modern villa, Larnaca provides a range of options to suit different budgets and preferences. 6. Multicultural Environment: Larnaca is known for its welcoming and diverse community. The city attracts a mix of locals, expatriates, and tourists, creating a multicultural environment that fosters cultural exchange and integration.

This vibrant community adds to the city's charm and offers opportunities for networking and new friendships. 7. Vibrant City Life: Larnaca offers a vibrant city life with a variety of entertainment options. The city is home to a bustling promenade lined with restaurants, cafes, and shops, where residents can enjoy a leisurely stroll
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Currency Exchange

5144, 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 €230,000 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
€230,000 £190,511 £197,674 £7,162
Property Price € €230,000
Minimum cost in the last six months £190,511
Maximum cost in the last six months £197,674
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,162

5144, 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 €230,000 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
€230,000 £190,511 £197,674 £7,162
Property Price € €230,000
Minimum cost in the last six months £190,511
Maximum cost in the last six months £197,674
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,162

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 £7,162 more.

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