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House, For Sale, Paphos, Kissonerga
Kissonerga, Cyprus
REF: 768257
€5,600,000
Description
ABOUT THE PROPERTY Magnificent, ultra-luxurious villa offering excellent investment potential as it is located just 400 meters from the newly designed Paphos Marina and 10 minutes€™ drive away from Kings Avenue Mall. Only a few minutes away from the city center, situated in an exclusive beachfront location, this prestigious home offers direct access to a sandy beach at its doorstep, unobstructed views of the Mediterranean Sea and Paphos Marina, and a private swimming pool. SPECIFICATIONS Smart house, automation systems VRV system, concealed air-conditioning Under-floor heating Complete installation of intruder and fire alarm system (CCTV) Photovoltaic system for water heating, water pressurizing system Provision for future installation of satellite dish to the roof Complete installation of central structure cabling system for TV, telephone and computer throughout the villa Installation of audio/video entry gate unit to road entrance with control points inside villa Roof gardens with access through elevator and internal staircase, barbeque area, work top, sink (hot and cold water), stone or wooden dining table, pergola, shower, toilet, wine bar, fridge, etc. Elevator to all floors and the roof garden Bright and spacious kitchen and living room areas with suspended ceilings and a fire-place Bathrooms finished with high quality marble tiles, suspended ceilings and high-quality vanity units, sanitary ware, accessories and mixers Sensor lights to the car parking area and main entrance door Private infinity swimming pool with the surrounding patio paved in anti-slip granite tiles natural stone or combination with synthetic wooden deck.
ABOUT THE PROPERTY Magnificent, ultra-luxurious villa offering excellent investment potential as it is located just 400 meters from the newly designed Paphos Marina and 10 minutes€™ drive away from Kings Avenue Mall. Only a few minutes away from the city center, situated in an exclusive beachfront location, this prestigious home offers direct access to a sandy beach at its doorstep, unobstructed views of the Mediterranean Sea and Paphos Marina, and a private swimming pool. SPECIFICATIONS Smart house, automation systems VRV system, concealed air-conditioning Under-floor heating Complete installation of intruder and fire alarm system (CCTV) Photovoltaic system for water heating, water pressurizing system Provision for future installation of satellite dish to the roof Complete installation of central structure cabling system for TV, telephone and computer throughout the villa Installation of audio/video entry gate unit to road entrance with control points inside villa Roof gardens with access through elevator and internal staircase, barbeque area, work top, sink (hot and cold water), stone or wooden dining table, pergola, shower, toilet, wine bar, fridge, etc. Elevator to all floors and the roof garden Bright and spacious kitchen and living room areas with suspended ceilings and a fire-place Bathrooms finished with high quality marble tiles, suspended ceilings and high-quality vanity units, sanitary ware, accessories and mixers Sensor lights to the car parking area and main entrance door Private infinity swimming pool with the surrounding patio paved in anti-slip granite tiles natural stone or combination with synthetic wooden deck.
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Currency Exchange
Kissonerga, 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 €5,600,000 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 |
|---|---|---|---|
| €5,600,000 | £4,638,536 | £4,812,920 | £174,384 |
| Property Price € | €5,600,000 |
| Minimum cost in the last six months | £4,638,536 |
| Maximum cost in the last six months | £4,812,920 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £174,384 |
Kissonerga, 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 €5,600,000 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 |
|---|---|---|---|
| €5,600,000 | £4,638,536 | £4,812,920 | £174,384 |
| Property Price € | €5,600,000 |
| Minimum cost in the last six months | £4,638,536 |
| Maximum cost in the last six months | £4,812,920 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £174,384 |
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 £174,384 more.
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