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P-0386-S 3 Bedroom Bungalow For Sale in Peyia
6 Ayiou Chrysanthou Street, Pegeia, Cyprus
REF: 839553
€500,000
Description
Unique and stunning three bedroom bungalow situated in a quiet and tranquil area of Peyia village, Paphos. Corner property in a cul de sac just a short distance from local amenities and the village square. A short drive from the popular resort of Coral Bay with its amazing beaches and plethora of restaurants and shops. Exceptionally spacious open plan living-dining room with feature fireplace leading into a fully fitted high-quality kitchen with all the necessary appliances provided. The living areas open out to a raised veranda perfect for alfresco dining and entertaining overlooking the pool. There is also a jacuzzi to relax in after a busy day and several seating areas where the amazing views can really be appreciated. Three generously sized bedrooms benefit from fitted wardrobes and two boast luxury ensuite facilities. The property has been very well maintained and boasts beautiful sea and mountain views. The bungalow has a low maintenance mature garden with shrubs and trees and covered driveway parking. Furthermore, the property has air conditioning and central heating throughout providing year-round comfort. Ideal opportunity for discerning buyers seeking an individual family home or an investor looking for a long-term rental or holiday let with the potential for excellent returns. 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.
Unique and stunning three bedroom bungalow situated in a quiet and tranquil area of Peyia village, Paphos. Corner property in a cul de sac just a short distance from local amenities and the village square. A short drive from the popular resort of Coral Bay with its amazing beaches and plethora of restaurants and shops. Exceptionally spacious open plan living-dining room with feature fireplace leading into a fully fitted high-quality kitchen with all the necessary appliances provided. The living areas open out to a raised veranda perfect for alfresco dining and entertaining overlooking the pool. There is also a jacuzzi to relax in after a busy day and several seating areas where the amazing views can really be appreciated. Three generously sized bedrooms benefit from fitted wardrobes and two boast luxury ensuite facilities. The property has been very well maintained and boasts beautiful sea and mountain views. The bungalow has a low maintenance mature garden with shrubs and trees and covered driveway parking. Furthermore, the property has air conditioning and central heating throughout providing year-round comfort. Ideal opportunity for discerning buyers seeking an individual family home or an investor looking for a long-term rental or holiday let with the potential for excellent returns. 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
6 Ayiou Chrysanthou Street, 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 €500,000 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 |
|---|---|---|---|
| €500,000 | £415,940 | £430,310 | £14,370 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £415,940 |
| Maximum cost in the last six months | £430,310 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,370 |
6 Ayiou Chrysanthou Street, 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 €500,000 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 |
|---|---|---|---|
| €500,000 | £415,940 | £430,310 | £14,370 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £415,940 |
| Maximum cost in the last six months | £430,310 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,370 |
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 £14,370 more.
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