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Penthouse Apartment in Ayia Napa
5721, Cyprus
REF: 796314
€1,050,000
Description
This opulent 3-bedroom penthouse is perfect for anyone looking for a permanent home in the sun or who values a large home away from home when on vacation. With a size of 144.30m2, it is unquestionably the most sought-after property out of just 5 units in a low-rise building, a contemporary gated community in the heart of Ayia Napa, one of the busiest coastal resorts on Cyprus s southeast coast. Within easy walking distance are a wide range of eateries, banks, gift stores, bakeries, and a medical clinic. Only 500 meters separate you from the resort s stunning sandy beach and the blue Mediterranean waters that surround it. You may easily drive 35 minutes to the Larnaca International Airport. The advantages of top-notch, environmentally friendly, earthquake-resistant construction and elegant finishing materials will be enjoyed by owners. The main bedroom has an ensuite bathroom, air conditioning and heating, fitted kitchen cabinets, and double-glazed windows, among other luxurious amenities. The roof terrace, which also has a BBQ, an island kitchen, a living room, and a dining room, is the major attraction. Each unit has a designated parking space, while the property s 25.5m x 7m common pool, jacuzzi, and sun terrace is set aside solely for residents. This unique blend of opulent space, lifestyle amenities, and close proximity to the beach, resort center, and airport is only offered by a select few properties in the area. Whether you pick this penthouse for your own use or as an investment with excellent returns from holiday rentals, it offers delightful days, weeks, or months in Ayia Napa. Year of Construction: 2019 Property Features Airconditioning Units Balcony Communal Pool Covered Veranda Equipped Kitchen Fully Furnished Kitchen Appliances Parking Sea View Uncovered Veranda
This opulent 3-bedroom penthouse is perfect for anyone looking for a permanent home in the sun or who values a large home away from home when on vacation. With a size of 144.30m2, it is unquestionably the most sought-after property out of just 5 units in a low-rise building, a contemporary gated community in the heart of Ayia Napa, one of the busiest coastal resorts on Cyprus s southeast coast. Within easy walking distance are a wide range of eateries, banks, gift stores, bakeries, and a medical clinic. Only 500 meters separate you from the resort s stunning sandy beach and the blue Mediterranean waters that surround it. You may easily drive 35 minutes to the Larnaca International Airport. The advantages of top-notch, environmentally friendly, earthquake-resistant construction and elegant finishing materials will be enjoyed by owners. The main bedroom has an ensuite bathroom, air conditioning and heating, fitted kitchen cabinets, and double-glazed windows, among other luxurious amenities. The roof terrace, which also has a BBQ, an island kitchen, a living room, and a dining room, is the major attraction. Each unit has a designated parking space, while the property s 25.5m x 7m common pool, jacuzzi, and sun terrace is set aside solely for residents. This unique blend of opulent space, lifestyle amenities, and close proximity to the beach, resort center, and airport is only offered by a select few properties in the area. Whether you pick this penthouse for your own use or as an investment with excellent returns from holiday rentals, it offers delightful days, weeks, or months in Ayia Napa. Year of Construction: 2019 Property Features Airconditioning Units Balcony Communal Pool Covered Veranda Equipped Kitchen Fully Furnished Kitchen Appliances Parking Sea View Uncovered Veranda
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Currency Exchange
5721, 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 €1,050,000 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 |
|---|---|---|---|
| €1,050,000 | £873,474 | £903,651 | £30,177 |
| Property Price € | €1,050,000 |
| Minimum cost in the last six months | £873,474 |
| Maximum cost in the last six months | £903,651 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,177 |
5721, 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 €1,050,000 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 |
|---|---|---|---|
| €1,050,000 | £873,474 | £903,651 | £30,177 |
| Property Price € | €1,050,000 |
| Minimum cost in the last six months | £873,474 |
| Maximum cost in the last six months | £903,651 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,177 |
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 £30,177 more.
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