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House, For Sale, Paphos, Chlorakas
Chlorakas, Cyprus
REF: 769320
€2,020,000
Description
Luxury 4-bedroom villa in a gated residential paradise, only a stone throw away from the seashore in the exuberant suburb of lower Chloraka. The €œDimma (to tie up)€ area of Chloraka, where these fine homes are located, got its name from the locals that used to dock their fishing boats in the surrounding rock pools over the centuries - The picturesque MV Demetrios II Shipwreck can literally be seen from the comfort of your home setting the perfect backdrop for the perfect sunset in a perfect location.Th e property is a luxury collection of uniquely designed villas, with 4 bedrooms, 269 m2 of living space, large plots with gorgeous sea views, and a myriad of amenities that will elevate your concept of luxury indoor and outdoor living, close to all the amenities you require to comfortably live a modern way of life with the finest cuisine and nightlife that Paphos has to offer. Only a short walk to supermarkets and a minutes€™ drive to schools and touristic sites. Features Pets Pool Laundry Room Storage Parking Garage Roof Terrace Children's Park Central Air-conditioning - VRV Garden Gated Community Plot Sizes from 650m2 Uniquely Designed Alarm System Excellent Rental Returns
Luxury 4-bedroom villa in a gated residential paradise, only a stone throw away from the seashore in the exuberant suburb of lower Chloraka. The €œDimma (to tie up)€ area of Chloraka, where these fine homes are located, got its name from the locals that used to dock their fishing boats in the surrounding rock pools over the centuries - The picturesque MV Demetrios II Shipwreck can literally be seen from the comfort of your home setting the perfect backdrop for the perfect sunset in a perfect location.Th e property is a luxury collection of uniquely designed villas, with 4 bedrooms, 269 m2 of living space, large plots with gorgeous sea views, and a myriad of amenities that will elevate your concept of luxury indoor and outdoor living, close to all the amenities you require to comfortably live a modern way of life with the finest cuisine and nightlife that Paphos has to offer. Only a short walk to supermarkets and a minutes€™ drive to schools and touristic sites. Features Pets Pool Laundry Room Storage Parking Garage Roof Terrace Children's Park Central Air-conditioning - VRV Garden Gated Community Plot Sizes from 650m2 Uniquely Designed Alarm System Excellent Rental Returns
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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 €2,020,000 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 |
|---|---|---|---|
| €2,020,000 | £1,680,398 | £1,738,452 | £58,055 |
| Property Price € | €2,020,000 |
| Minimum cost in the last six months | £1,680,398 |
| Maximum cost in the last six months | £1,738,452 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £58,055 |
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 €2,020,000 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 |
|---|---|---|---|
| €2,020,000 | £1,680,398 | £1,738,452 | £58,055 |
| Property Price € | €2,020,000 |
| Minimum cost in the last six months | £1,680,398 |
| Maximum cost in the last six months | £1,738,452 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £58,055 |
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 £58,055 more.
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