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Villa in Ayia Thekla
5722, Cyprus
REF: 795519
€520,000
Description
The property is located in Ag. Theklas in the Municipality of Sotira. The location is next to Agia Napa, with its wonderful beaches and fantastic nightlife. It is only 800 meters from the many beaches in the area. It is also very close to one of the largest water parks in Cyprus and the Marina of Ayia Napa. The project consists of 7 luxury independent 3 bedroom houses. All the houses will be in 'C' shape. They were designed with Passive Design Strategies, to have direct sun in the winter and indirect sun in summer and design openings to allow good ventilation. All of the houses have a private swimming pool, Barbeque, outdoor shower, double covered parking, covered terrace and internal wc with shower on the ground floor. On the first floor all bedrooms have private wc and shower. One of the bedrooms has access to a covered terrace.
The property is located in Ag. Theklas in the Municipality of Sotira. The location is next to Agia Napa, with its wonderful beaches and fantastic nightlife. It is only 800 meters from the many beaches in the area. It is also very close to one of the largest water parks in Cyprus and the Marina of Ayia Napa. The project consists of 7 luxury independent 3 bedroom houses. All the houses will be in 'C' shape. They were designed with Passive Design Strategies, to have direct sun in the winter and indirect sun in summer and design openings to allow good ventilation. All of the houses have a private swimming pool, Barbeque, outdoor shower, double covered parking, covered terrace and internal wc with shower on the ground floor. On the first floor all bedrooms have private wc and shower. One of the bedrooms has access to a covered terrace.
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Currency Exchange
5722, 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 €520,000 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 |
|---|---|---|---|
| €520,000 | £432,578 | £447,522 | £14,945 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £432,578 |
| Maximum cost in the last six months | £447,522 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,945 |
5722, 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 €520,000 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 |
|---|---|---|---|
| €520,000 | £432,578 | £447,522 | £14,945 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £432,578 |
| Maximum cost in the last six months | £447,522 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,945 |
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 £14,945 more.
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