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D-3209-B 3 Bedroom Apartment For Sale in Chlorakas
Chlorakas, Cyprus
REF: 839478
€495,000
Description
Exceptional three bedroom penthouse apartment occupying the whole top floor of a small complex of just eight apartments. Conveniently situated in the sought-after village of Chlorakas, Paphos the property is within easy reach of amenities and nearby beaches, just a short drive from Paphos town. Spacious accommodation comprising an open plan fully fitted kitchen and living/dining area leading out to a large balcony that wraps around three sides of the apartment. A perfect area for enjoying the Mediterranean sun and alfresco dining and relaxing with family and guests while appreciating the panoramic sea views. Three generously sized bedrooms all benefit from fitted wardrobes and the penthouse has two shower rooms and the bedrooms open out to the balcony area as well. This impressive property is serviced by an elevator and covered parking is available. An excellent investment opportunity in this popular location for discerning buyers seeking permanent residency. Alternatively, the property could offer buyers the possibility of a long-term let or fabulous holiday home with the potential for good returns. Chlorakas 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.
Exceptional three bedroom penthouse apartment occupying the whole top floor of a small complex of just eight apartments. Conveniently situated in the sought-after village of Chlorakas, Paphos the property is within easy reach of amenities and nearby beaches, just a short drive from Paphos town. Spacious accommodation comprising an open plan fully fitted kitchen and living/dining area leading out to a large balcony that wraps around three sides of the apartment. A perfect area for enjoying the Mediterranean sun and alfresco dining and relaxing with family and guests while appreciating the panoramic sea views. Three generously sized bedrooms all benefit from fitted wardrobes and the penthouse has two shower rooms and the bedrooms open out to the balcony area as well. This impressive property is serviced by an elevator and covered parking is available. An excellent investment opportunity in this popular location for discerning buyers seeking permanent residency. Alternatively, the property could offer buyers the possibility of a long-term let or fabulous holiday home with the potential for good returns. Chlorakas 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
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 €495,000 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 |
|---|---|---|---|
| €495,000 | £410,013 | £425,428 | £15,414 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £410,013 |
| Maximum cost in the last six months | £425,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,414 |
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 €495,000 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 |
|---|---|---|---|
| €495,000 | £410,013 | £425,428 | £15,414 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £410,013 |
| Maximum cost in the last six months | £425,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,414 |
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 £15,414 more.
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