D-5500-A 3 Bedroom Villa For Sale in Geroskipou

Louki Akrita, Geroskipou, Cyprus

For Sale

€670,000

REF: 839587 €670,000


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Description

Luxurious three bedroom villa located in a tranquil area of Paphos, Geroskipou, within a short distance to a plethora of amenities and surrounded by natural beauty. The ground floor of this outstanding property is comprised of an open plan living/dining area and an ultra-modern kitchen as well as a well sized guest w/c.

The spacious living area seamlessly opens out to a partially covered veranda that offers an abundance of space for alfresco dining and entertaining that is encompassed by an immaculately landscaped garden. The first floor features three inviting bedrooms and a large family shower room, with the master bedroom boasting an ensuite bathroom.

Combined with the development's offering of exclusivity, deluxe finish and fantastic location makes this property a perfect investment as a long-term rental, holiday let or permanent residence. Geroskipou is a village to the east of Paphos and is the second largest municipality in the District. This village has a number of characteristics namely its remarkable five-domed Byzantine church of Agia Paraskevi, a folk museum and large traditional square.

The area is also known for the production of Cypriot Delight or Lokum as it s known locally. There are plenty of shops, kiosks, restaurants and bars in this village as well as many areas of secluded coastline including the popular Ricco s beach and it is only a short drive from Paphos Town.
Luxurious three bedroom villa located in a tranquil area of Paphos, Geroskipou, within a short distance to a plethora of amenities and surrounded by natural beauty. The ground floor of this outstanding property is comprised of an open plan living/dining area and an ultra-modern kitchen as well as a well sized guest w/c.

The spacious living area seamlessly opens out to a partially covered veranda that offers an abundance of space for alfresco dining and entertaining that is encompassed by an immaculately landscaped garden. The first floor features three inviting bedrooms and a large family shower room, with the master bedroom boasting an ensuite bathroom.

Combined with the development's offering of exclusivity, deluxe finish and fantastic location makes this property a perfect investment as a long-term rental, holiday let or permanent residence. Geroskipou is a village to the east of Paphos and is the second largest municipality in the District. This village has a number of characteristics namely its remarkable five-domed Byzantine church of Agia Paraskevi, a folk museum and large traditional square.

The area is also known for the production of Cypriot Delight or Lokum as it s known locally. There are plenty of shops, kiosks, restaurants and bars in this village as well as many areas of secluded coastline including the popular Ricco s beach and it is only a short drive from Paphos Town.
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Property on Map

#2487

Currency Exchange

Louki Akrita, Geroskipou, 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 €670,000 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
€670,000 £554,968 £575,832 £20,864
Property Price € €670,000
Minimum cost in the last six months £554,968
Maximum cost in the last six months £575,832
Fluctuating exchange rates over the last six months could have increased the cost of this property by £20,864

Louki Akrita, Geroskipou, 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 €670,000 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
€670,000 £554,968 £575,832 £20,864
Property Price € €670,000
Minimum cost in the last six months £554,968
Maximum cost in the last six months £575,832
Fluctuating exchange rates over the last six months could have increased the cost of this property by £20,864

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 £20,864 more.

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