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P-0062 3 Bedroom Villa For Sale in Kathikas
Kathikas, Cyprus
REF: 839357
€245,000
Description
Detached three bedroom villa in the village of Kathikas, Paphos situated in a peaceful cul-de-sac. The accommodation comprises a spacious open plan living-dining area with dual aspect windows and an adjoining kitchen with a range of modern units. The spacious double bedrooms all have fitted wardrobes with the master boasting ensuite facilities and a balcony to really appreciate the countryside views. In addition, the vendor has building permits for an additional build of 160m on the plot. Situated just a few minutes from the village centre this villa is an ideal investment as a permanent residence or a tranquil holiday home with good rental potential. Kathikas is a delightful traditional village set amongst gentle hills in a tranquil area where the majority of residents are locals. There are several local supermarkets, tavernas and pubs. The area is also renowned for its wine production.
Detached three bedroom villa in the village of Kathikas, Paphos situated in a peaceful cul-de-sac. The accommodation comprises a spacious open plan living-dining area with dual aspect windows and an adjoining kitchen with a range of modern units. The spacious double bedrooms all have fitted wardrobes with the master boasting ensuite facilities and a balcony to really appreciate the countryside views. In addition, the vendor has building permits for an additional build of 160m on the plot. Situated just a few minutes from the village centre this villa is an ideal investment as a permanent residence or a tranquil holiday home with good rental potential. Kathikas is a delightful traditional village set amongst gentle hills in a tranquil area where the majority of residents are locals. There are several local supermarkets, tavernas and pubs. The area is also renowned for its wine production.
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Currency Exchange
Kathikas, 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 €245,000 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 |
|---|---|---|---|
| €245,000 | £202,936 | £210,565 | £7,629 |
| Property Price € | €245,000 |
| Minimum cost in the last six months | £202,936 |
| Maximum cost in the last six months | £210,565 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,629 |
Kathikas, 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 €245,000 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 |
|---|---|---|---|
| €245,000 | £202,936 | £210,565 | £7,629 |
| Property Price € | €245,000 |
| Minimum cost in the last six months | £202,936 |
| Maximum cost in the last six months | £210,565 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,629 |
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 £7,629 more.
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