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D-2015-C 3 Bedroom Villa For Sale in Sea Caves
Maniki 3, Pegeia, Cyprus
REF: 839472
€2,200,000
Description
PRICES FROM 2,200,000+VAT Situated in one of the most prestigious locations of Peyia, Paphos in an area known as Sea Caves, within walking distance of the sea and a short drive away from the famous Coral Bay resort. A stunning luxury villa comprised of a spacious living/dining area opening out to a large partially covered veranda next to the beautiful swimming pool and enchanting seating areas surrounded by landscaped gardens. This is truly a superb setting for alfresco dining while entertaining and relaxing with family and guests. The ground floor hosts a double ensuite bedroom together with an ultra-modern fully fitted kitchen and open plan living/dining room as well as a guest w.c. The first floor hosts a further two generously sized bedrooms, all benefitting from ensuite facilities and fitted wardrobes. Each bedroom enjoys magnificent views of the sea and the resort with private balconies. This exquisite villa has been inspired by Mediterranean architecture and was constructed with traditional stone accents and smooth contemporary lines offering luminous interiors. Conveniently, the owners can enjoy the resort facilities thus ensuring guests' wants and needs are fully satisfied. Combined with the ideal location of the development, the attention to detail ensures this property is an ideal investment opportunity for discerning buyers seeking permanent residency or as a holiday let with excellent 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.
PRICES FROM 2,200,000+VAT Situated in one of the most prestigious locations of Peyia, Paphos in an area known as Sea Caves, within walking distance of the sea and a short drive away from the famous Coral Bay resort. A stunning luxury villa comprised of a spacious living/dining area opening out to a large partially covered veranda next to the beautiful swimming pool and enchanting seating areas surrounded by landscaped gardens. This is truly a superb setting for alfresco dining while entertaining and relaxing with family and guests. The ground floor hosts a double ensuite bedroom together with an ultra-modern fully fitted kitchen and open plan living/dining room as well as a guest w.c. The first floor hosts a further two generously sized bedrooms, all benefitting from ensuite facilities and fitted wardrobes. Each bedroom enjoys magnificent views of the sea and the resort with private balconies. This exquisite villa has been inspired by Mediterranean architecture and was constructed with traditional stone accents and smooth contemporary lines offering luminous interiors. Conveniently, the owners can enjoy the resort facilities thus ensuring guests' wants and needs are fully satisfied. Combined with the ideal location of the development, the attention to detail ensures this property is an ideal investment opportunity for discerning buyers seeking permanent residency or as a holiday let with excellent 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
Maniki 3, 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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,830,136 | £1,893,364 | £63,228 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,830,136 |
| Maximum cost in the last six months | £1,893,364 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,228 |
Maniki 3, 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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,830,136 | £1,893,364 | £63,228 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,830,136 |
| Maximum cost in the last six months | £1,893,364 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,228 |
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 £63,228 more.
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