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Villa in Ayia Napa
5721, Cyprus
REF: 796568
€5,650,000
Description
These Seaside Residences are an opulent gated residence development of featuring both luxury apartments and 26 contemporary beachfront villas, as well as several boutiques, restaurants, and various other recreational areas. The Beachfront residences offer stunning views of the Mediterranean, as they are built to provide residents with the best possible view. The properties themselves offer extremely comfortable interiors courtesy of their open-plan designs. Located in the western end of the cosmopolitan Ayia Napa resort, the development is perfectly situated only a few minutes away from world famous beaches like Sandy Bay, Nissi Beach, Makronissos as well as renowned landmarks, medieval monuments and nature trails, making them the perfect property for anyone considering real estate in Cyprus. Property Features: Concierge Country Views Covered Veranda Garden Lift Parking Private Pool Sea View Seafront Security Close by Destinations: Airport - 50 KM Restaurants - 10 M Beach - 10M Property eligibile for: Cyprus Permanent Residency Programme - An individual can become eligible for Cyprus Permanent Residency Programme by investing a minimum of 300,000 in Cypriot real estate.
These Seaside Residences are an opulent gated residence development of featuring both luxury apartments and 26 contemporary beachfront villas, as well as several boutiques, restaurants, and various other recreational areas. The Beachfront residences offer stunning views of the Mediterranean, as they are built to provide residents with the best possible view. The properties themselves offer extremely comfortable interiors courtesy of their open-plan designs. Located in the western end of the cosmopolitan Ayia Napa resort, the development is perfectly situated only a few minutes away from world famous beaches like Sandy Bay, Nissi Beach, Makronissos as well as renowned landmarks, medieval monuments and nature trails, making them the perfect property for anyone considering real estate in Cyprus. Property Features: Concierge Country Views Covered Veranda Garden Lift Parking Private Pool Sea View Seafront Security Close by Destinations: Airport - 50 KM Restaurants - 10 M Beach - 10M Property eligibile for: Cyprus Permanent Residency Programme - An individual can become eligible for Cyprus Permanent Residency Programme by investing a minimum of 300,000 in Cypriot real estate.
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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 €5,650,000 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 |
|---|---|---|---|
| €5,650,000 | £4,679,952 | £4,855,893 | £175,941 |
| Property Price € | €5,650,000 |
| Minimum cost in the last six months | £4,679,952 |
| Maximum cost in the last six months | £4,855,893 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £175,941 |
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 €5,650,000 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 |
|---|---|---|---|
| €5,650,000 | £4,679,952 | £4,855,893 | £175,941 |
| Property Price € | €5,650,000 |
| Minimum cost in the last six months | £4,679,952 |
| Maximum cost in the last six months | £4,855,893 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £175,941 |
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 £175,941 more.
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