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D-0501-B 3 Bedroom Villa For Sale in Chloraka
Chlorakas, Cyprus
REF: 839373
€650,000
Description
PRICES FROM 650,000 + VAT An elegantly designed villa with luxury fixtures and fittings set in a quiet rural area of Chloraka village close to the coast. On entering the villa you will find the spacious open plan lounge-dining room with wide patio doors allowing the room to be flooded with light, inviting you out to the beautiful terrace overlooking the garden. The well-designed kitchen benefits from full height space-saving cupboards and includes an island incorporating the hob with a breakfast bar and opens onto its own terrace. The first-floor master bedroom boasts an en-suite shower and walk-in closet as well as featuring a private covered balcony with glass balustrades for uninterrupted views. This modern villa sits in a generously sized plot with landscaped gardens and benefits from a driveway for two cars and a fabulous 70m roof terrace from where you can fully appreciate the magnificent views while entertaining your guests or relaxing in the sun. Buyers are also offered the option of having a private pool beside the terraces which are perfect for alfresco dining. This villa is an ideal investment either as a permanent home or holiday accommodation with excellent rental potential. Chloraka is located 3 km north of Paphos Town and borders the tourist area known as the Tomb of the Kings. It is also home to Akritas Chloraka, a Cypriot Second Division football team. There are many hotels, restaurants, and bars in this village which runs along the coast road from Paphos Town to Coral Bay. Chloraka s location was put on the map in March 1998 when the cargo ship Demetrios II ran aground in heavy seas, the vessel is easily visible and has now become quite a focal point.
PRICES FROM 650,000 + VAT An elegantly designed villa with luxury fixtures and fittings set in a quiet rural area of Chloraka village close to the coast. On entering the villa you will find the spacious open plan lounge-dining room with wide patio doors allowing the room to be flooded with light, inviting you out to the beautiful terrace overlooking the garden. The well-designed kitchen benefits from full height space-saving cupboards and includes an island incorporating the hob with a breakfast bar and opens onto its own terrace. The first-floor master bedroom boasts an en-suite shower and walk-in closet as well as featuring a private covered balcony with glass balustrades for uninterrupted views. This modern villa sits in a generously sized plot with landscaped gardens and benefits from a driveway for two cars and a fabulous 70m roof terrace from where you can fully appreciate the magnificent views while entertaining your guests or relaxing in the sun. Buyers are also offered the option of having a private pool beside the terraces which are perfect for alfresco dining. This villa is an ideal investment either as a permanent home or holiday accommodation with excellent rental potential. Chloraka is located 3 km north of Paphos Town and borders the tourist area known as the Tomb of the Kings. It is also home to Akritas Chloraka, a Cypriot Second Division football team. There are many hotels, restaurants, and bars in this village which runs along the coast road from Paphos Town to Coral Bay. Chloraka s location was put on the map in March 1998 when the cargo ship Demetrios II ran aground in heavy seas, the vessel is easily visible and has now become quite a focal point.
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Property on Map
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 €650,000 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 |
|---|---|---|---|
| €650,000 | £540,722 | £559,403 | £18,681 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £540,722 |
| Maximum cost in the last six months | £559,403 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,681 |
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 €650,000 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 |
|---|---|---|---|
| €650,000 | £540,722 | £559,403 | £18,681 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £540,722 |
| Maximum cost in the last six months | £559,403 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,681 |
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 £18,681 more.
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