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D-5205-Z 4 Bedroom Villa for Sale in Larnaca
Dromolaxia, Cyprus
REF: 839634
€390,000
Description
Located within a sought-after residential area of Larnaca, Dromolaxia, a brand new residential development is host to this outstanding four bedroom villa with a ground floor that is comprised of an open plan living/dining and kitchen area, a well sized guest w/c and an office that can also be used as a ground floor bedroom if desired. Lines between interior and exterior are all but erased with the spacious living area leading out to a veranda that features an abundance of space for alfresco dining, entertaining and relaxing. Additionally, a tranquil private swimming pool can be installed if requested. Ascending stairs lead up to the first floor where three inviting bedrooms and a well sized family bathroom can be found, with two of the bedrooms benefitting from an ensuite shower rooms. Furthermore, the master bedroom seamlessly opens out to a private balcony, perfect for relaxing under the Cyprus sun. From a second balcony on the first floor, a spiral staircase leads to a large roof terrace that offers a vast amount of space for entertaining and relaxing with family and friends. The entire development is constructed using materials of the highest quality that any discerning buyer would expect and is conveniently located within walking distance to a plethora of amenities and within close proximity to Larnaca International Airport, making this a great investment as a long-term rental holiday let or a permanent residence. Larnaca is a port city on the south coast of Cyprus. It's known for Finikoudes Beach, a sandy strip in the city center backed by a palm-lined seaside promenade. Buzzing bars line the waterfront at Mackenzie Beach and nearby is the famous salt lake with its visiting flamingoes. Just offshore, the MS Zenobia wreck is a popular dive site. The 9th-century Church of Saint Lazarus contains the tomb of the saint said to have risen from the dead. It's a very popular tourist destination with many top-class hotels sought after by travelers from around the world.
Located within a sought-after residential area of Larnaca, Dromolaxia, a brand new residential development is host to this outstanding four bedroom villa with a ground floor that is comprised of an open plan living/dining and kitchen area, a well sized guest w/c and an office that can also be used as a ground floor bedroom if desired. Lines between interior and exterior are all but erased with the spacious living area leading out to a veranda that features an abundance of space for alfresco dining, entertaining and relaxing. Additionally, a tranquil private swimming pool can be installed if requested. Ascending stairs lead up to the first floor where three inviting bedrooms and a well sized family bathroom can be found, with two of the bedrooms benefitting from an ensuite shower rooms. Furthermore, the master bedroom seamlessly opens out to a private balcony, perfect for relaxing under the Cyprus sun. From a second balcony on the first floor, a spiral staircase leads to a large roof terrace that offers a vast amount of space for entertaining and relaxing with family and friends. The entire development is constructed using materials of the highest quality that any discerning buyer would expect and is conveniently located within walking distance to a plethora of amenities and within close proximity to Larnaca International Airport, making this a great investment as a long-term rental holiday let or a permanent residence. Larnaca is a port city on the south coast of Cyprus. It's known for Finikoudes Beach, a sandy strip in the city center backed by a palm-lined seaside promenade. Buzzing bars line the waterfront at Mackenzie Beach and nearby is the famous salt lake with its visiting flamingoes. Just offshore, the MS Zenobia wreck is a popular dive site. The 9th-century Church of Saint Lazarus contains the tomb of the saint said to have risen from the dead. It's a very popular tourist destination with many top-class hotels sought after by travelers from around the world.
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Currency Exchange
Dromolaxia, 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 €390,000 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 |
|---|---|---|---|
| €390,000 | £323,041 | £335,186 | £12,145 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £323,041 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,145 |
Dromolaxia, 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 €390,000 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 |
|---|---|---|---|
| €390,000 | £323,041 | £335,186 | £12,145 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £323,041 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,145 |
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 £12,145 more.
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