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D-5504-A 3 Bedroom Villa For Sale in Chloraka
Chlorakas Avenue, Chlorakas, Cyprus
REF: 839588
€955,600
Description
Luxurious three bedroom villa located in one of the most desirable areas of Paphos, Chloraka, within walking distance to blue flag beaches and just a short drive to a plethora of amenities. The ground floor of this luxurious property is comprised of a lavish open plan living/dining area, an ultra-modern kitchen as well as a guest w/c and a welcoming double bedroom with ensuite facilities. Lines between interior and exterior are all but erased with the spacious living area opening out to a partially covered veranda that offers an abundance of seating space for alfresco dining and entertaining with family and friends. Furthermore, a tranquil private swimming pool is encompassed by an immaculate landscaped garden. It makes for the perfect space for relaxing under the Cyprus sun. The first floor boasts a well sized covered balcony and two spacious double bedrooms, all benefitting from ensuite walk-in showers and high quality fitted wardrobes. Additionally, the property boasts an elevator for easy access to each level. Combined with the convenient location of the property and the exceptional build quality 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.
Luxurious three bedroom villa located in one of the most desirable areas of Paphos, Chloraka, within walking distance to blue flag beaches and just a short drive to a plethora of amenities. The ground floor of this luxurious property is comprised of a lavish open plan living/dining area, an ultra-modern kitchen as well as a guest w/c and a welcoming double bedroom with ensuite facilities. Lines between interior and exterior are all but erased with the spacious living area opening out to a partially covered veranda that offers an abundance of seating space for alfresco dining and entertaining with family and friends. Furthermore, a tranquil private swimming pool is encompassed by an immaculate landscaped garden. It makes for the perfect space for relaxing under the Cyprus sun. The first floor boasts a well sized covered balcony and two spacious double bedrooms, all benefitting from ensuite walk-in showers and high quality fitted wardrobes. Additionally, the property boasts an elevator for easy access to each level. Combined with the convenient location of the property and the exceptional build quality 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 Avenue, 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 €955,600 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 |
|---|---|---|---|
| €955,600 | £794,945 | £822,408 | £27,464 |
| Property Price € | €955,600 |
| Minimum cost in the last six months | £794,945 |
| Maximum cost in the last six months | £822,408 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,464 |
Chlorakas Avenue, 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 €955,600 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 |
|---|---|---|---|
| €955,600 | £794,945 | £822,408 | £27,464 |
| Property Price € | €955,600 |
| Minimum cost in the last six months | £794,945 |
| Maximum cost in the last six months | £822,408 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,464 |
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 £27,464 more.
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