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House, For Sale, Paphos, Chlorakas
Chlorakas, Cyprus
REF: 818715
€590,000
Description
This development features exceptional design, quality construction and all modern comforts. Buyers can choose from 12 detached 2-storey villas that populate a quiet residential cul-de-sac. Featuring a distinctive, contemporary style based on neat lines for sophisticated sunny living, all the villas are configured to offer three bedrooms, two bathrooms (one ensuite), and an additional guest bathroom. To satisfy different needs and expectations, the living area ranges from 105m2 to 140m2 and seamlessly extends onto the outdoor patio and comfortable sunbathing deck around a beautiful private swimming pool. Special features include a fully developed roof terrace, underfloor heating, and VRV AC system, to allow you to make the most of the island€™s Mediterranean lifestyle. As a whole development will emerge as a small neighborhood where owners can soon become friends.
This development features exceptional design, quality construction and all modern comforts. Buyers can choose from 12 detached 2-storey villas that populate a quiet residential cul-de-sac. Featuring a distinctive, contemporary style based on neat lines for sophisticated sunny living, all the villas are configured to offer three bedrooms, two bathrooms (one ensuite), and an additional guest bathroom. To satisfy different needs and expectations, the living area ranges from 105m2 to 140m2 and seamlessly extends onto the outdoor patio and comfortable sunbathing deck around a beautiful private swimming pool. Special features include a fully developed roof terrace, underfloor heating, and VRV AC system, to allow you to make the most of the island€™s Mediterranean lifestyle. As a whole development will emerge as a small neighborhood where owners can soon become friends.
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Currency Exchange
Chlorakas, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £486,101 | £507,076 | £20,975 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £486,101 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,975 |
Chlorakas, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £486,101 | £507,076 | £20,975 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £486,101 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,975 |
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 £20,975 more.
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