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D-2401-A 3 Bedroom Villa For Sale in Chloraka
Pyrgou, Chlorakas, Cyprus
REF: 839403
€1,580,000
Description
Absolutely stunning detached villa located at the heart of the traditional village of Chloraka, Paphos in an elevated position with panoramic sea views. Luxurious contemporary design arranged over three levels with accommodation on the ground floor comprising spacious open plan living-dining flooded by light through the expansive full height windows and ultra-modern fully fitted kitchen area with marble flooring throughout. Also on this level is the maids room with an ensuite shower. The first floor hosts three generous size ensuite bedrooms all benefitting from fitted wardrobes including the master with a walk-in closet as well as a full bathroom with a separate shower and access to a private balcony overlooking the pool and gardens. The lower ground floor has a large playroom ideal for family to enjoy leisure time and there's an additional shower room and guest wc on this level. The main living-dining areas lead out to a raised veranda from where the amazing views can really be appreciated perfect for alfresco dining and entertaining family and friends. Steps lead down to the pool set in landscaped gardens with sun terraces and a pergola seating area to while away the evening relaxing with a cocktail. The balconies of the property all boast glass balustrades to enhance the uninterrupted views of the azure blue Mediterranean. Fabulous investment opportunity as a family 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.
Absolutely stunning detached villa located at the heart of the traditional village of Chloraka, Paphos in an elevated position with panoramic sea views. Luxurious contemporary design arranged over three levels with accommodation on the ground floor comprising spacious open plan living-dining flooded by light through the expansive full height windows and ultra-modern fully fitted kitchen area with marble flooring throughout. Also on this level is the maids room with an ensuite shower. The first floor hosts three generous size ensuite bedrooms all benefitting from fitted wardrobes including the master with a walk-in closet as well as a full bathroom with a separate shower and access to a private balcony overlooking the pool and gardens. The lower ground floor has a large playroom ideal for family to enjoy leisure time and there's an additional shower room and guest wc on this level. The main living-dining areas lead out to a raised veranda from where the amazing views can really be appreciated perfect for alfresco dining and entertaining family and friends. Steps lead down to the pool set in landscaped gardens with sun terraces and a pergola seating area to while away the evening relaxing with a cocktail. The balconies of the property all boast glass balustrades to enhance the uninterrupted views of the azure blue Mediterranean. Fabulous investment opportunity as a family 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 €1,580,000 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 |
|---|---|---|---|
| €1,580,000 | £1,308,730 | £1,357,931 | £49,201 |
| Property Price € | €1,580,000 |
| Minimum cost in the last six months | £1,308,730 |
| Maximum cost in the last six months | £1,357,931 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,201 |
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 €1,580,000 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 |
|---|---|---|---|
| €1,580,000 | £1,308,730 | £1,357,931 | £49,201 |
| Property Price € | €1,580,000 |
| Minimum cost in the last six months | £1,308,730 |
| Maximum cost in the last six months | £1,357,931 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,201 |
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 £49,201 more.
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