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REDUCED FROM 415
Chloraka, Paphos, Cyprus
REF: 713974
€380,000
Description
REDUCED FROM 415.000 This bungalow is located 90 meters from the beach and only around 5 minutes to amenities like shops and kiosks. As you enter the bungalow you are met with a spacious open plan lounge, dining and open kitchen. There is a fire place which is perfect for cold winter nights. The dining room and the lounge have patio doors that open up the the terrace. Here there is a built in BBQ, this area is ideal for entertaining guests. Further into the bungalow there are two bedrooms. The two bedrooms share the family shower room. The family shower room has been full renovated. Outside of the property there are stairs leading up the roof terrace. From the roof terrace there are lovely sea views. Here you can enjoy the sunsets and time with friends.
REDUCED FROM 415.000 This bungalow is located 90 meters from the beach and only around 5 minutes to amenities like shops and kiosks. As you enter the bungalow you are met with a spacious open plan lounge, dining and open kitchen. There is a fire place which is perfect for cold winter nights. The dining room and the lounge have patio doors that open up the the terrace. Here there is a built in BBQ, this area is ideal for entertaining guests. Further into the bungalow there are two bedrooms. The two bedrooms share the family shower room. The family shower room has been full renovated. Outside of the property there are stairs leading up the roof terrace. From the roof terrace there are lovely sea views. Here you can enjoy the sunsets and time with friends.
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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 €380,000 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 |
|---|---|---|---|
| €380,000 | £314,758 | £326,591 | £11,833 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £314,758 |
| Maximum cost in the last six months | £326,591 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,833 |
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 €380,000 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 |
|---|---|---|---|
| €380,000 | £314,758 | £326,591 | £11,833 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £314,758 |
| Maximum cost in the last six months | £326,591 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,833 |
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 £11,833 more.
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