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P-0138-s 3 Bedroom Villa + Annex For Sale in Peyia
Pegeia, Cyprus
REF: 839366
€850,000
Description
Beautiful brand new villa in the village of Peyia offering a luxurious ultra-modern interior comprising spacious living dining area leading through to a large kitchen fitted with top quality units and built-in appliances boasting a separate utility room and across the large hallway with feature open tread staircase is a ground floor ensuite bedroom. Upstairs the master ensuite boasts a large walk-in closet and the extensive roof garden has plumbing for a jacuzzi, a wonderful space to appreciate the panoramic views of the Mediterranean. The self-contained annex includes a luxurious shower room and private terrace and similarly to the rest of the villa the full-width windows and patio doors maximise the wonderful views. The mosaic tiled infinity pool benefits from a superior tiled surround and the spacious verandas are perfect for alfresco dining with the convenience of an outside kitchen. The wonderful elevated position of this villa and all it's outstanding features makes it an excellent investment opportunity as a permanent residence or outstanding holiday home with great rental potential. Peyia (also spelt Pegeia) is located 14km north of Paphos Town and sits on the steep slopes of the coastal hills inland from Coral Bay at the southern end of the Akamas Peninsula. This is home to many non-Cypriot residents and due to the size of this popular village you will find most conveniences are catered for. As the largest village in Paphos bordering Kathikas, Akoursos, Kissonerga and the Akamas Peninsula there is plenty to do here including swimming at the renowned Blue Flag awarded Coral Bay Beach.
Beautiful brand new villa in the village of Peyia offering a luxurious ultra-modern interior comprising spacious living dining area leading through to a large kitchen fitted with top quality units and built-in appliances boasting a separate utility room and across the large hallway with feature open tread staircase is a ground floor ensuite bedroom. Upstairs the master ensuite boasts a large walk-in closet and the extensive roof garden has plumbing for a jacuzzi, a wonderful space to appreciate the panoramic views of the Mediterranean. The self-contained annex includes a luxurious shower room and private terrace and similarly to the rest of the villa the full-width windows and patio doors maximise the wonderful views. The mosaic tiled infinity pool benefits from a superior tiled surround and the spacious verandas are perfect for alfresco dining with the convenience of an outside kitchen. The wonderful elevated position of this villa and all it's outstanding features makes it an excellent investment opportunity as a permanent residence or outstanding holiday home with great rental potential. Peyia (also spelt Pegeia) is located 14km north of Paphos Town and sits on the steep slopes of the coastal hills inland from Coral Bay at the southern end of the Akamas Peninsula. This is home to many non-Cypriot residents and due to the size of this popular village you will find most conveniences are catered for. As the largest village in Paphos bordering Kathikas, Akoursos, Kissonerga and the Akamas Peninsula there is plenty to do here including swimming at the renowned Blue Flag awarded Coral Bay Beach.
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Currency Exchange
Pegeia, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £707,821 | £733,176 | £25,356 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £707,821 |
| Maximum cost in the last six months | £733,176 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,356 |
Pegeia, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £707,821 | £733,176 | £25,356 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £707,821 |
| Maximum cost in the last six months | £733,176 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,356 |
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 £25,356 more.
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