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House, For Sale, Paphos, Chlorakas
Chlorakas, Cyprus
REF: 766910
€1,150,000
Description
This is new premium property, flawlessly designed, aims to be as enticing as its namesake and appears to be born of the nature. The design concept focuses on allowing you to enjoy the relationship to the Mediterranean in complete privacy. The property is located in one of the most sought-after locations for Property investing, Chloraka, that boasts one of the most spectacular west-facing coastlines in Cyprus and it€™s perfectly positioned taking advantage of not only the natural attractions but the extensive infrastructure and amenities of the wider area, combining every aspect of the daily life. This superb property is designed to provide a unique visual impact from every angle, while each property has direct access to lavish gardens, private infinity swimming pool and unobstructed sea views. Bungalow offers the epitome of exclusive luxury living in the heart of Paphos€™ most desirable destination.
This is new premium property, flawlessly designed, aims to be as enticing as its namesake and appears to be born of the nature. The design concept focuses on allowing you to enjoy the relationship to the Mediterranean in complete privacy. The property is located in one of the most sought-after locations for Property investing, Chloraka, that boasts one of the most spectacular west-facing coastlines in Cyprus and it€™s perfectly positioned taking advantage of not only the natural attractions but the extensive infrastructure and amenities of the wider area, combining every aspect of the daily life. This superb property is designed to provide a unique visual impact from every angle, while each property has direct access to lavish gardens, private infinity swimming pool and unobstructed sea views. Bungalow offers the epitome of exclusive luxury living in the heart of Paphos€™ most desirable destination.
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Currency Exchange
Chlorakas, 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 €1,150,000 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 |
|---|---|---|---|
| €1,150,000 | £957,640 | £991,944 | £34,305 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £957,640 |
| Maximum cost in the last six months | £991,944 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,305 |
Chlorakas, 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 €1,150,000 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 |
|---|---|---|---|
| €1,150,000 | £957,640 | £991,944 | £34,305 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £957,640 |
| Maximum cost in the last six months | £991,944 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,305 |
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 £34,305 more.
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