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P-0021 3 Bedroom Villa, Studio and Under-Construction Maisonette For Sale in Emba
Agiou Arseniou, Empa, Cyprus
REF: 839339
€500,000
Description
This grand villa with amazing sea views, set in the quiet and friendly village of Emba, offers three double bedrooms on the first floor with a separate kitchen and lounge, one apartment on the ground floor and an under-construction ground floor villa with another three bedrooms. The open-plan living-dining area allows light to flow through the property and comes fully furnished benefiting from airconditioning and central heating throughout as well as a gated driveway and covered parking. Mature gardens surround the property giving the perfect backdrop for al-fresco dining with a private BBQ area. This property will be a perfect family home. Emba is one of the largest villages in Paphos located approximately 4km north of Paphos Town. Here you will find the ancient church of Panayia Chryseleoussis, built in the 12th Century this church holds prime position within the village square. Emba has a few shops, tavernas and a theatre dotted along the narrow winding road which runs through the village. This is an extremely traditional village, most days you will see the Cypriot men sitting outside their local coffee shops often spilling out onto the streets drinking coffee, putting the world to rights and playing a local board game tavli (Cypriot alternative to backgammon). Emba sits 135m above sea level.
This grand villa with amazing sea views, set in the quiet and friendly village of Emba, offers three double bedrooms on the first floor with a separate kitchen and lounge, one apartment on the ground floor and an under-construction ground floor villa with another three bedrooms. The open-plan living-dining area allows light to flow through the property and comes fully furnished benefiting from airconditioning and central heating throughout as well as a gated driveway and covered parking. Mature gardens surround the property giving the perfect backdrop for al-fresco dining with a private BBQ area. This property will be a perfect family home. Emba is one of the largest villages in Paphos located approximately 4km north of Paphos Town. Here you will find the ancient church of Panayia Chryseleoussis, built in the 12th Century this church holds prime position within the village square. Emba has a few shops, tavernas and a theatre dotted along the narrow winding road which runs through the village. This is an extremely traditional village, most days you will see the Cypriot men sitting outside their local coffee shops often spilling out onto the streets drinking coffee, putting the world to rights and playing a local board game tavli (Cypriot alternative to backgammon). Emba sits 135m above sea level.
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Currency Exchange
Agiou Arseniou, Empa, 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 €500,000 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 |
|---|---|---|---|
| €500,000 | £411,950 | £429,725 | £17,775 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £411,950 |
| Maximum cost in the last six months | £429,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,775 |
Agiou Arseniou, Empa, 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 €500,000 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 |
|---|---|---|---|
| €500,000 | £411,950 | £429,725 | £17,775 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £411,950 |
| Maximum cost in the last six months | £429,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,775 |
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 £17,775 more.
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