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House, For Sale, Paphos, Chlorakas
Chlorakas, Cyprus
REF: 820030
€589,000
Description
This villa is located just a few minutes drive from Paphos, the Aspire private English School, Lidl supermarket with panoramic views of the Mediterranean coast and a ship on the rocks. The villa is decorated with marble, which gives it a delightful look. It is located on a hillside. The plot has 4 levels, on different levels with a well-maintained garden and enough space to accommodate an Infinity pool if necessary. The house has three floors. The layout of the first floor consists of a living room/recreation areas, open-plan kitchens with a beautifully decorated bar counter decorated with an illuminated onyx composition. There is also a guest toilet and a separate laundry/utility room on this level. On the second floor there are three double bedrooms, one with its own bathroom, the other two with a shared family bathroom. On the third floor there is a fourth bedroom with underfloor heating, with a large balcony and a fascinating view of the sea. There is a communal swimming pool. The house is built to the highest standards: marble floors, stairs and bathrooms, double glazed windows, security system (4 cameras), mosquito nets, thermal insulation, high-quality plumbing and kitchen appliances, onyx trim, crystal chandeliers, etc. There is a double sized garage and 5 kW solar panels that provide the house electricity. There is only one neighbor adjacent to the property from the garage side.
This villa is located just a few minutes drive from Paphos, the Aspire private English School, Lidl supermarket with panoramic views of the Mediterranean coast and a ship on the rocks. The villa is decorated with marble, which gives it a delightful look. It is located on a hillside. The plot has 4 levels, on different levels with a well-maintained garden and enough space to accommodate an Infinity pool if necessary. The house has three floors. The layout of the first floor consists of a living room/recreation areas, open-plan kitchens with a beautifully decorated bar counter decorated with an illuminated onyx composition. There is also a guest toilet and a separate laundry/utility room on this level. On the second floor there are three double bedrooms, one with its own bathroom, the other two with a shared family bathroom. On the third floor there is a fourth bedroom with underfloor heating, with a large balcony and a fascinating view of the sea. There is a communal swimming pool. The house is built to the highest standards: marble floors, stairs and bathrooms, double glazed windows, security system (4 cameras), mosquito nets, thermal insulation, high-quality plumbing and kitchen appliances, onyx trim, crystal chandeliers, etc. There is a double sized garage and 5 kW solar panels that provide the house electricity. There is only one neighbor adjacent to the property from the garage side.
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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 €589,000 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 |
|---|---|---|---|
| €589,000 | £485,277 | £506,216 | £20,939 |
| Property Price € | €589,000 |
| Minimum cost in the last six months | £485,277 |
| Maximum cost in the last six months | £506,216 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,939 |
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 €589,000 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 |
|---|---|---|---|
| €589,000 | £485,277 | £506,216 | £20,939 |
| Property Price € | €589,000 |
| Minimum cost in the last six months | £485,277 |
| Maximum cost in the last six months | £506,216 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,939 |
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 £20,939 more.
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