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D-0271-D 5 Bedroom Villa for Sale in Chloraka
Chlorakas, Cyprus
REF: 839506
€2,550,000
Description
Prices from 2,550,000 +VAT Situated within one of the most desirable areas of Paphos, Chloraka is host to a brand new exclusive development that features this utterly stunning and luxurious five bedroom villa that is truly the personification of opulence. The ground floor of this outstanding property is comprised of a palatial open plan living/dining and kitchen area, guest w/c and sumptuous master bedroom that benefits from a lavish ensuite bathroom and walk-in closet. Lines between interior and exterior are all but erased with the spacious living area seamlessly leading out to a large private swimming pool, immaculate garden and a partially covered veranda that offers an abundance of space for alfresco dining, entertaining and relaxing. The first floor of this superb property features four large inviting bedrooms, all boasting ensuite bathrooms and high quality fitted wardrobes. Furthermore, three of the bedrooms have access to a shared balcony that's perfect for relaxing whilst enjoying breathtaking views. From the first floor a generously sized veranda includes a spiral staircase that leads up to a roof terrace that offers truly spectacular views and makes for the perfect platform to enjoy the amazing Cyprus sunsets. This exceptional villa has the added convenience of a lower ground floor/basement that offers space for a gym, storage and features a laundry room and bathroom. The entire villa is constructed and finished using only the finest of materials and fixtures that any discerning owner would expect. Combined with the superb location of the development, along with the array of amenities within a stones throw away, makes this a great investment as a long-term rental, holiday let or permanent residence. 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.
Prices from 2,550,000 +VAT Situated within one of the most desirable areas of Paphos, Chloraka is host to a brand new exclusive development that features this utterly stunning and luxurious five bedroom villa that is truly the personification of opulence. The ground floor of this outstanding property is comprised of a palatial open plan living/dining and kitchen area, guest w/c and sumptuous master bedroom that benefits from a lavish ensuite bathroom and walk-in closet. Lines between interior and exterior are all but erased with the spacious living area seamlessly leading out to a large private swimming pool, immaculate garden and a partially covered veranda that offers an abundance of space for alfresco dining, entertaining and relaxing. The first floor of this superb property features four large inviting bedrooms, all boasting ensuite bathrooms and high quality fitted wardrobes. Furthermore, three of the bedrooms have access to a shared balcony that's perfect for relaxing whilst enjoying breathtaking views. From the first floor a generously sized veranda includes a spiral staircase that leads up to a roof terrace that offers truly spectacular views and makes for the perfect platform to enjoy the amazing Cyprus sunsets. This exceptional villa has the added convenience of a lower ground floor/basement that offers space for a gym, storage and features a laundry room and bathroom. The entire villa is constructed and finished using only the finest of materials and fixtures that any discerning owner would expect. Combined with the superb location of the development, along with the array of amenities within a stones throw away, makes this a great investment as a long-term rental, holiday let or permanent residence. 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 €2,550,000 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 |
|---|---|---|---|
| €2,550,000 | £2,140,266 | £2,199,528 | £59,262 |
| Property Price € | €2,550,000 |
| Minimum cost in the last six months | £2,140,266 |
| Maximum cost in the last six months | £2,199,528 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £59,262 |
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 €2,550,000 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 |
|---|---|---|---|
| €2,550,000 | £2,140,266 | £2,199,528 | £59,262 |
| Property Price € | €2,550,000 |
| Minimum cost in the last six months | £2,140,266 |
| Maximum cost in the last six months | £2,199,528 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £59,262 |
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 £59,262 more.
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