Detached

Paralimni, Famagusta, Cyprus

For Sale

€750,000

REF: 805279 €750,000


5

4

Description

Magnificent 5 Bedroom house consisting of 3 bedroom villa, 1 self contained annex and 1 self contained basement apartment with TITLE DEEDS for land and stunning panoramic SEA VIEWS, in the sought after area of Kokkinos Kremos in Paralimni - KKZ101This modern home ticks all the boxes. Located in the sought after Kokkinos Kremos area, with spectacular panoramic sea views, overlooking the mesmerising Cape Greko and Ayia Napa coastal areas.

The entrance of this beautiful home invites you into the spacious lobby area which leads to the impressive double height living area, a super space for entertaining guests or busy family life. This living space has huge wall to wall, triple slide, patio doors which lead to the rear of the property. There is also an impressive TV feature wall, perfect for those stay at home movie nights.The separate kitchen is an eye-catching delight.

With a stunning modern design, encompassing grey gloss units, bold chrome handles, granite worktops and an eye level oven, the kitchen also has a dining area to seat 6-8 people as well as a snug seating area. The spacious kitchen is bright and airy with plenty of natural light from the window above the sink and two sets of patio doors.

The first set of patio doors are overlooking the swimming pool and sun terrace and are at the snug end of the kitchen. The second set, triple slide, patio doors are in the main kitchen and dining area and give the most impressive and uninterrupted view of the Mediterranean Sea this view is the real gem of the property.

There is also a convenient guest WC at ground floor level.The first floor has three very spacious bedrooms, all fitted with floor to ceiling wardrobes, AC units and ceiling fans. The master bedroom boasts an ensuite shower room with WC and sink with vanity unit. There is also a large private balcony overlooking the pool area.

There is also a large balcony in the second bedroom. The impressive four-piece family bathroom has a separate shower, corner jacuzzi bath, WC and his and hers sinks with vanity unit. Every detail, right down to the wave feature mirrors, has been carefully thought through in this luxurious bathroom and there is plentiful natural light from the frosted window.In addition to the main, 3 bedroom, spacious house this property boasts two separate 1 bedroom annex apartments.

Each annex has a bedroom, a living area, fully equipped kitchen, and a separate bathroom. The first annex is located in the basement, accessible from an external staircase as well as via the bright underground garage. The second annex is at ground floor level adjacent to the main house, but again with its own separate entrance and private veranda making this an ideal space for teenage or young adult children or visiting guests.

Both 1 bedroom apartment annexes have been designed so as to look as though they are incorporated into the property, rather than as separate units, giving a seamless exterior image.The outside space of this gorgeous home does not disappoint. Continuing the standard of inside, the 6x10 infinity swimming pool and sun terrace have been thoughtfully designed.

The swimming pool includes roman steps and built in seating to gaze out at the sea and watch the sunset. With an extensive outdoor covered kitchen area this is where any family would want to spend the majority of their summer days and nights. There is also a convenient outdoor shower and separate WC.

The garden at the rear of the property offers parking for multiple cars without any problem and the back drop is a large, naturally formed, rock garden. In addition, there is an underground garage which parks 3 cars and is also fitted out as a workshop.Located in a small residential area approximately 2.5km or 3-4 minutes drive to the shops, supermarkets and restaurants of Paralimni and less than 10 minutes drive into the heart of Ayia Napa this superb property is a dream home for many.

Viewing is highly recommended to fully appreciate the property and the location.Viewings by appointment.PARALIMNIThe name Paralimni` means by the lake and is the site of a 15th century settlement. The lake is part of the Natura 2000 natura network due to the large number of migrating birds and flamingos that can often be found during the wetter months.

Paralimni is the administrative centre of the Famagusta region and a bustling town full of history and interesting twisty streets. There are a wealth of independent shops, cafes and delicious eateries in the town and you can easily wile away a few hours drinking coffee and watching the world go by.The main square hosts many events through the year including the annual Carnival.

This is a huge, fun affair 6 weeks before Orthodox Easter. Most of the local population can be found celebrating during Carnival week and the finale boasts a procession that takes over three hours to pass through the centre. In December, there is a winter wonderland` with rides, ice skating and stalls to drink hot wine and buy Christmas fancies.ABOUT THE FAMAGUSTA REGIONWhether you are planning to visit the Famagusta region of the Republic of Cyprus for the first time or you are already in love with the area, there is something here for everyone.The area is not known as the Jewel of the Eastern Mediterranean` for nothing! From the stunning cliffs of Cavo Greko (the most Easterly point of Europe) to quaint inland villages, to the 44 (yes 44!) white sandy Blue Flag beaches, the area holds something for every palette.

We have beautiful nature trails, water sports galore, amazing fresh cuisine, nightlife, one of the top waterparks in Europe, fishing harbours, a world class Marina and the list goes on and on! You are never far from anywhere in Famagusta, a maximum 15 minute drive to the nearest beach from even the most inland villages.Thousands of expats of all nationalities have made Cyprus their home over the years due to the warm local welcome, fantastic climate and host of things to do.

The bustling cities of Limassol, Larnaca and Nicosia are just over an hour away but here you can enjoy a more relaxed pace of life. Crime rates are amongst the lowest in Europe, English and Russian are widely spoken and there is always time for a chat, a coffee or a glass of wine in the sunshine. We look forward to introducing you to hidden gems of the area on your next visit.ISLAND HOMES ESTATE AGENTSIsland Homes have been working with both local and overseas buyers and sellers for over 20 years.

We specialise in property sales in the Famagusta region with seaside properties from Protaras to Ayia Napa; major towns including Paralimni and Deryneia and also covering all of the beautiful red soil villages` including Xylofagou, Vrysoulles, Frenaros, Avgorou, Dasaki Achna and Sotira. All of our team live locally and have worked together for many, many years.

We are also all immigrants to Cyprus and property owners ourselves so can guarantee that we have lived through the same experiences as that of our clients. We have in-depth knowledge of the area, the facilities, the amenities and, of course, every one of the properties that we advertise for sale. Prior to advertising we undertake a full due diligence on every home to ensure that we can fully inform our clients about the legal status of each house or apartment.Our reputation is hugely important to us so, for a truly personal experience, contact us and we will work together to find your dream home!
Magnificent 5 Bedroom house consisting of 3 bedroom villa, 1 self contained annex and 1 self contained basement apartment with TITLE DEEDS for land and stunning panoramic SEA VIEWS, in the sought after area of Kokkinos Kremos in Paralimni - KKZ101This modern home ticks all the boxes. Located in the sought after Kokkinos Kremos area, with spectacular panoramic sea views, overlooking the mesmerising Cape Greko and Ayia Napa coastal areas.

The entrance of this beautiful home invites you into the spacious lobby area which leads to the impressive double height living area, a super space for entertaining guests or busy family life. This living space has huge wall to wall, triple slide, patio doors which lead to the rear of the property. There is also an impressive TV feature wall, perfect for those stay at home movie nights.The separate kitchen is an eye-catching delight.

With a stunning modern design, encompassing grey gloss units, bold chrome handles, granite worktops and an eye level oven, the kitchen also has a dining area to seat 6-8 people as well as a snug seating area. The spacious kitchen is bright and airy with plenty of natural light from the window above the sink and two sets of patio doors.

The first set of patio doors are overlooking the swimming pool and sun terrace and are at the snug end of the kitchen. The second set, triple slide, patio doors are in the main kitchen and dining area and give the most impressive and uninterrupted view of the Mediterranean Sea this view is the real gem of the property.

There is also a convenient guest WC at ground floor level.The first floor has three very spacious bedrooms, all fitted with floor to ceiling wardrobes, AC units and ceiling fans. The master bedroom boasts an ensuite shower room with WC and sink with vanity unit. There is also a large private balcony overlooking the pool area.

There is also a large balcony in the second bedroom. The impressive four-piece family bathroom has a separate shower, corner jacuzzi bath, WC and his and hers sinks with vanity unit. Every detail, right down to the wave feature mirrors, has been carefully thought through in this luxurious bathroom and there is plentiful natural light from the frosted window.In addition to the main, 3 bedroom, spacious house this property boasts two separate 1 bedroom annex apartments.

Each annex has a bedroom, a living area, fully equipped kitchen, and a separate bathroom. The first annex is located in the basement, accessible from an external staircase as well as via the bright underground garage. The second annex is at ground floor level adjacent to the main house, but again with its own separate entrance and private veranda making this an ideal space for teenage or young adult children or visiting guests.

Both 1 bedroom apartment annexes have been designed so as to look as though they are incorporated into the property, rather than as separate units, giving a seamless exterior image.The outside space of this gorgeous home does not disappoint. Continuing the standard of inside, the 6x10 infinity swimming pool and sun terrace have been thoughtfully designed.

The swimming pool includes roman steps and built in seating to gaze out at the sea and watch the sunset. With an extensive outdoor covered kitchen area this is where any family would want to spend the majority of their summer days and nights. There is also a convenient outdoor shower and separate WC.

The garden at the rear of the property offers parking for multiple cars without any problem and the back drop is a large, naturally formed, rock garden. In addition, there is an underground garage which parks 3 cars and is also fitted out as a workshop.Located in a small residential area approximately 2.5km or 3-4 minutes drive to the shops, supermarkets and restaurants of Paralimni and less than 10 minutes drive into the heart of Ayia Napa this superb property is a dream home for many.

Viewing is highly recommended to fully appreciate the property and the location.Viewings by appointment.PARALIMNIThe name Paralimni` means by the lake and is the site of a 15th century settlement. The lake is part of the Natura 2000 natura network due to the large number of migrating birds and flamingos that can often be found during the wetter months.

Paralimni is the administrative centre of the Famagusta region and a bustling town full of history and interesting twisty streets. There are a wealth of independent shops, cafes and delicious eateries in the town and you can easily wile away a few hours drinking coffee and watching the world go by.The main square hosts many events through the year including the annual Carnival.

This is a huge, fun affair 6 weeks before Orthodox Easter. Most of the local population can be found celebrating during Carnival week and the finale boasts a procession that takes over three hours to pass through the centre. In December, there is a winter wonderland` with rides, ice skating and stalls to drink hot wine and buy Christmas fancies.ABOUT THE FAMAGUSTA REGIONWhether you are planning to visit the Famagusta region of the Republic of Cyprus for the first time or you are already in love with the area, there is something here for everyone.The area is not known as the Jewel of the Eastern Mediterranean` for nothing! From the stunning cliffs of Cavo Greko (the most Easterly point of Europe) to quaint inland villages, to the 44 (yes 44!) white sandy Blue Flag beaches, the area holds something for every palette.

We have beautiful nature trails, water sports galore, amazing fresh cuisine, nightlife, one of the top waterparks in Europe, fishing harbours, a world class Marina and the list goes on and on! You are never far from anywhere in Famagusta, a maximum 15 minute drive to the nearest beach from even the most inland villages.Thousands of expats of all nationalities have made Cyprus their home over the years due to the warm local welcome, fantastic climate and host of things to do.

The bustling cities of Limassol, Larnaca and Nicosia are just over an hour away but here you can enjoy a more relaxed pace of life. Crime rates are amongst the lowest in Europe, English and Russian are widely spoken and there is always time for a chat, a coffee or a glass of wine in the sunshine. We look forward to introducing you to hidden gems of the area on your next visit.ISLAND HOMES ESTATE AGENTSIsland Homes have been working with both local and overseas buyers and sellers for over 20 years.

We specialise in property sales in the Famagusta region with seaside properties from Protaras to Ayia Napa; major towns including Paralimni and Deryneia and also covering all of the beautiful red soil villages` including Xylofagou, Vrysoulles, Frenaros, Avgorou, Dasaki Achna and Sotira. All of our team live locally and have worked together for many, many years.

We are also all immigrants to Cyprus and property owners ourselves so can guarantee that we have lived through the same experiences as that of our clients. We have in-depth knowledge of the area, the facilities, the amenities and, of course, every one of the properties that we advertise for sale. Prior to advertising we undertake a full due diligence on every home to ensure that we can fully inform our clients about the legal status of each house or apartment.Our reputation is hugely important to us so, for a truly personal experience, contact us and we will work together to find your dream home!
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Property on Map

#5537

Currency Exchange

Paralimni, Famagusta, 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 €750,000 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
€750,000 £617,925 £644,588 £26,663
Property Price € €750,000
Minimum cost in the last six months £617,925
Maximum cost in the last six months £644,588
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,663

Paralimni, Famagusta, 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 €750,000 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
€750,000 £617,925 £644,588 £26,663
Property Price € €750,000
Minimum cost in the last six months £617,925
Maximum cost in the last six months £644,588
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,663

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 £26,663 more.

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