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Discover the hidden charm of this old village house nestled in the quaint village of Pano Archimandrita, Paphos
Archimandrita Pano, Paphos, Cyprus
REF: 703599
€205,000
Description
Discover the hidden charm of this old village house nestled in the quaint village of Pano Archimandrita, Paphos. While the house is in need of renovation, its vast potential and picturesque surroundings make it an ideal project for those seeking to restore a traditional property.
Situated on a generous plot of land, this property offers a unique opportunity to create a home that exudes a blend of traditional character and modern comforts. With its spacious layout and authentic architectural features, the house presents endless possibilities for customization, allowing you to infuse your personal touch while preserving the village's rich cultural heritage.
While the current condition of the house may require attention, the large land area offers ample space for expansion, landscaping, or creating a charming courtyard where you can relax and immerse yourself in the tranquil ambiance of village life. The panoramic views of the surrounding countryside further enhance the appeal of this property, providing a serene and idyllic backdrop.
Pano Archimandrita is renowned for its peaceful and welcoming atmosphere, offering a true escape from the hustle and bustle of city life. Immerse yourself in the local traditions, connect with friendly neighbors, and indulge in the simplicity of rural living.
Although this house requires renovation, the opportunity to transform it into a dream home or a unique vacation retreat is truly captivating. Let your imagination run wild as you revive this hidden gem and create a space that reflects your personal style and preferences.
If you are drawn to the allure of a traditional village house and have the vision to restore its former glory, then this property in Pano Archimandrita is waiting for you. Contact ElitBlue Estate Agents today to explore the potential of this captivating renovation project and embark on a journey of creating a timeless haven in the heart of the village.
Discover the hidden charm of this old village house nestled in the quaint village of Pano Archimandrita, Paphos. While the house is in need of renovation, its vast potential and picturesque surroundings make it an ideal project for those seeking to restore a traditional property.
Situated on a generous plot of land, this property offers a unique opportunity to create a home that exudes a blend of traditional character and modern comforts. With its spacious layout and authentic architectural features, the house presents endless possibilities for customization, allowing you to infuse your personal touch while preserving the village's rich cultural heritage.
While the current condition of the house may require attention, the large land area offers ample space for expansion, landscaping, or creating a charming courtyard where you can relax and immerse yourself in the tranquil ambiance of village life. The panoramic views of the surrounding countryside further enhance the appeal of this property, providing a serene and idyllic backdrop.
Pano Archimandrita is renowned for its peaceful and welcoming atmosphere, offering a true escape from the hustle and bustle of city life. Immerse yourself in the local traditions, connect with friendly neighbors, and indulge in the simplicity of rural living.
Although this house requires renovation, the opportunity to transform it into a dream home or a unique vacation retreat is truly captivating. Let your imagination run wild as you revive this hidden gem and create a space that reflects your personal style and preferences.
If you are drawn to the allure of a traditional village house and have the vision to restore its former glory, then this property in Pano Archimandrita is waiting for you. Contact ElitBlue Estate Agents today to explore the potential of this captivating renovation project and embark on a journey of creating a timeless haven in the heart of the village.
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Currency Exchange
Archimandrita Pano, 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 €205,000 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 |
|---|---|---|---|
| €205,000 | £171,804 | £176,825 | £5,020 |
| Property Price € | €205,000 |
| Minimum cost in the last six months | £171,804 |
| Maximum cost in the last six months | £176,825 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,020 |
Archimandrita Pano, 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 €205,000 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 |
|---|---|---|---|
| €205,000 | £171,804 | £176,825 | £5,020 |
| Property Price € | €205,000 |
| Minimum cost in the last six months | £171,804 |
| Maximum cost in the last six months | £176,825 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,020 |
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 £5,020 more.
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