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D-2400-B 4 Bedroom Villa For Sale in Chloraka
Pyrgou, Chlorakas, Cyprus
REF: 839402
€1,200,000
Description
Premium flawless design throughout this four bedroom villa in the heart of the traditional village of Chloraka, Paphos boasting panoramic unobstructed views. Set over two levels the spacious ground floor accommodation comprises of an open plan living-dining room and kitchen leading out to a full width covered veranda perfect for alfresco dining overlooking the infinity pool and gardens. One of the bedrooms with ensuite facilities is conveniently located on this floor. On the lower level are three further generous size bedrooms including the master with an ensuite shower and walk-in closet and all bedrooms benefit from fitted wardrobes and open out to covered verandas next to the beautiful pool. The elevated position of the villa affords it fabulous sea views and the development is the epitome of exclusive luxury living. Ideal investment opportunity as a permanent residence or holiday home 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. Chlorakas 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.
Premium flawless design throughout this four bedroom villa in the heart of the traditional village of Chloraka, Paphos boasting panoramic unobstructed views. Set over two levels the spacious ground floor accommodation comprises of an open plan living-dining room and kitchen leading out to a full width covered veranda perfect for alfresco dining overlooking the infinity pool and gardens. One of the bedrooms with ensuite facilities is conveniently located on this floor. On the lower level are three further generous size bedrooms including the master with an ensuite shower and walk-in closet and all bedrooms benefit from fitted wardrobes and open out to covered verandas next to the beautiful pool. The elevated position of the villa affords it fabulous sea views and the development is the epitome of exclusive luxury living. Ideal investment opportunity as a permanent residence or holiday home 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. Chlorakas 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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Currency Exchange
Pyrgou, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £993,972 | £1,031,340 | £37,368 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £993,972 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,368 |
Pyrgou, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £993,972 | £1,031,340 | £37,368 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £993,972 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,368 |
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 £37,368 more.
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