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P-0178 Detached 4/5 Bedroom Villa For Sale in Agios Georgios
Sea Caves Avenue, Agios Georgios, Cyprus
REF: 839379
€950,000
Description
Located in a prestigious area of lower Peyia at Agios Georgios with unobstructed panoramic views this hollow structure has endless possibilities with the final design given its current condition. The property has had the roof maintained and is secure and ready for the internal electrical works, plumbing and room layout to be finalised. The property is suitable for four or five en-suite bedrooms, all with the most stunning views of the Mediterranean sea. The plot is accessed easily from the road with water and electric supply close by and new electric box already installed with the provision to be able to go underground with all new cabelling. The property is available as seen but the option of the current owner completing any works can be discussed upon viewing. The Sea Caves are located in the northwest of Paphos near St. George's Island (Geronisos) and located near the village of Peyia (also spelt Pegeia), 14km north of Paphos Town and close to Coral Bay at the southern end of the Akamas Peninsula. The Sea Caves themselves have many beautiful natural rocky shores and beach caves to explore and are the birthing spot for the rare Mediterranean Monk seals. There is a selection of places to eat and drink with some affording fantastic views over the Mediterranean Sea, perfect for enjoying sunset cocktails.
Located in a prestigious area of lower Peyia at Agios Georgios with unobstructed panoramic views this hollow structure has endless possibilities with the final design given its current condition. The property has had the roof maintained and is secure and ready for the internal electrical works, plumbing and room layout to be finalised. The property is suitable for four or five en-suite bedrooms, all with the most stunning views of the Mediterranean sea. The plot is accessed easily from the road with water and electric supply close by and new electric box already installed with the provision to be able to go underground with all new cabelling. The property is available as seen but the option of the current owner completing any works can be discussed upon viewing. The Sea Caves are located in the northwest of Paphos near St. George's Island (Geronisos) and located near the village of Peyia (also spelt Pegeia), 14km north of Paphos Town and close to Coral Bay at the southern end of the Akamas Peninsula. The Sea Caves themselves have many beautiful natural rocky shores and beach caves to explore and are the birthing spot for the rare Mediterranean Monk seals. There is a selection of places to eat and drink with some affording fantastic views over the Mediterranean Sea, perfect for enjoying sunset cocktails.
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Currency Exchange
Sea Caves Avenue, Agios Georgios, 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 €950,000 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 |
|---|---|---|---|
| €950,000 | £790,286 | £817,589 | £27,303 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £790,286 |
| Maximum cost in the last six months | £817,589 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,303 |
Sea Caves Avenue, Agios Georgios, 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 €950,000 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 |
|---|---|---|---|
| €950,000 | £790,286 | £817,589 | £27,303 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £790,286 |
| Maximum cost in the last six months | £817,589 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,303 |
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 £27,303 more.
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