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Villa in Protaras
5727, Cyprus
REF: 796061
€650,000
Description
New 3 bedroom villa in Protaras. The beauty of the Project`s location making it an excellent coastal investment is that it's 7 minutes by foot to Fig Tree Bay (ranked by Traveller's Choice in 2018 as 4th best beach in Europe and 13th in the world), while at the same time secluded from the noise and commotion of tourists as it is set at the foot of the Prophitis Elias hills; thus sufficiently elevated to see the sea on the one side and enjoy the green hills on the other. It is also important to note that the east coast's magnificent beaches, from Cape Greko to Protaras to Pernera to Kapparis, draw not only foreign tourists and investors but also Cypriot home buyers, and this is the greatest guarantee to foreign investors once they identify a signature project on the east coast Year of Construction: 2021 Price + VAT Energy Efficiency Rating: A Aircondition, Provision Gated complex Heating, Provision Landscaped garden Outdoor shower Parking, Covered Solar water heater Pool, Private Features Bright Combined kitchen and dining area Country view Cul de sac Double glazing Easy access to highway Easy access to main roads En suite Shower Fitted wardrobes Granite countertops Irrigation system Modern design Near amenities Near bus route Next to green area Pressurized water system Quiet Area Rental Potential Roof Garden Sea view Thermal insulation Walking distance to beach
New 3 bedroom villa in Protaras. The beauty of the Project`s location making it an excellent coastal investment is that it's 7 minutes by foot to Fig Tree Bay (ranked by Traveller's Choice in 2018 as 4th best beach in Europe and 13th in the world), while at the same time secluded from the noise and commotion of tourists as it is set at the foot of the Prophitis Elias hills; thus sufficiently elevated to see the sea on the one side and enjoy the green hills on the other. It is also important to note that the east coast's magnificent beaches, from Cape Greko to Protaras to Pernera to Kapparis, draw not only foreign tourists and investors but also Cypriot home buyers, and this is the greatest guarantee to foreign investors once they identify a signature project on the east coast Year of Construction: 2021 Price + VAT Energy Efficiency Rating: A Aircondition, Provision Gated complex Heating, Provision Landscaped garden Outdoor shower Parking, Covered Solar water heater Pool, Private Features Bright Combined kitchen and dining area Country view Cul de sac Double glazing Easy access to highway Easy access to main roads En suite Shower Fitted wardrobes Granite countertops Irrigation system Modern design Near amenities Near bus route Next to green area Pressurized water system Quiet Area Rental Potential Roof Garden Sea view Thermal insulation Walking distance to beach
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Currency Exchange
5727, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
5727, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
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 £20,241 more.
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