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House, For Sale, Paphos, Chlorakas
Chlorakas, Cyprus
REF: 767659
€1,100,000
Description
A great opportunity to buy a property in a really large plot near the sea!!!This gorgeous house is located in Chloraka, only ten minutes from Paphos centerand a few minutes walking distance to the beach.The property consists of four bedrooms (one en suite) , open plan kitchen-living-dining areaand separate guests' toilet.Furthermore there is an option to built another 1000m² on that land (tourist zone).There is a spacious one-bedroom apartment at the back yard which can be used as a guest room or maid room.
A great opportunity to buy a property in a really large plot near the sea!!!This gorgeous house is located in Chloraka, only ten minutes from Paphos centerand a few minutes walking distance to the beach.The property consists of four bedrooms (one en suite) , open plan kitchen-living-dining areaand separate guests' toilet.Furthermore there is an option to built another 1000m² on that land (tourist zone).There is a spacious one-bedroom apartment at the back yard which can be used as a guest room or maid room.
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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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £915,068 | £946,682 | £31,614 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £915,068 |
| Maximum cost in the last six months | £946,682 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,614 |
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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £915,068 | £946,682 | £31,614 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £915,068 |
| Maximum cost in the last six months | £946,682 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,614 |
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 £31,614 more.
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