House, For Sale, Paphos, Chlorakas

Chlorakas, Cyprus

For Sale

€720,000

REF: 818728 €720,000


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Description

To fully appreciate the value and features of this new project, this development deserves a closer look. Within the gated development, each villa stands on its own private plot ranging from 316m2 - 375m2 in size, providing a covered area of 143 - 171m2. From construction to design, finishing and fittings, a team of experienced architects, engineers and designers joined forces to deliver functional as well as attractive solutions for luxury living by the sea, not just for a holiday but for a lifetime.

SPECIAL FEATURES €¢ Seismic construction standards €¢ B+ energy performance in accordance with 2020 regulations, which includes roof, balcony and wall insulation, double glazed windows, and other energy saving specifications €¢ Security entrance €¢ Thermal Aluminum €¢ sliding doors & windows €¢ Built-in wardrobes €¢ Italian kitchens / cabinets €¢ European sanitary ware, fittings and accessories €¢ Solar and electric water heating with pressurized water system €¢ LED technology and European fittings for all interior and exterior lighting €¢ VRV system Hot/Cold, €¢ telephone, TV, €¢ alarm system €¢ Private Pools
To fully appreciate the value and features of this new project, this development deserves a closer look. Within the gated development, each villa stands on its own private plot ranging from 316m2 - 375m2 in size, providing a covered area of 143 - 171m2. From construction to design, finishing and fittings, a team of experienced architects, engineers and designers joined forces to deliver functional as well as attractive solutions for luxury living by the sea, not just for a holiday but for a lifetime.

SPECIAL FEATURES €¢ Seismic construction standards €¢ B+ energy performance in accordance with 2020 regulations, which includes roof, balcony and wall insulation, double glazed windows, and other energy saving specifications €¢ Security entrance €¢ Thermal Aluminum €¢ sliding doors & windows €¢ Built-in wardrobes €¢ Italian kitchens / cabinets €¢ European sanitary ware, fittings and accessories €¢ Solar and electric water heating with pressurized water system €¢ LED technology and European fittings for all interior and exterior lighting €¢ VRV system Hot/Cold, €¢ telephone, TV, €¢ alarm system €¢ Private Pools
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Property on Map

#34445

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 €720,000 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
€720,000 £593,208 £618,804 £25,596
Property Price € €720,000
Minimum cost in the last six months £593,208
Maximum cost in the last six months £618,804
Fluctuating exchange rates over the last six months could have increased the cost of this property by £25,596

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 €720,000 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
€720,000 £593,208 £618,804 £25,596
Property Price € €720,000
Minimum cost in the last six months £593,208
Maximum cost in the last six months £618,804
Fluctuating exchange rates over the last six months could have increased the cost of this property by £25,596

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 £25,596 more.

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