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P-0484 5 Bedroom Villa for Sale in Peyia
Vatoudion 41, Peyia 8560, Cyprus, Pegeia, Cyprus
REF: 839653
€1,200,000
Description
Exceptional five bedroom villa located within one of the most sought-after villages in Paphos, Peyia, within a short distance to a plethora of amenities and just a short drive to the city centre. Set on a large plot, this outstanding property offers very generous accommodation, with the ground floor comprising of an open plan living, dining and kitchen area, a well sized guest w/c and a spacious double bedroom that benefits from ensuite facilities. Lines between interior and exterior are all but erased, with the living area and ground floor bedroom opening out to a large covered veranda, a large uncovered relaxation area and a lavish infinity pool, all encompassed by mature trees and gardens. It makes for the perfect area for alresco dining and entertaining with family and friends. Stairs lead up to the first floor that features three double bedrooms that all boast ensuite facilities, with the master bedroom benefitting from access to a balcony that offers breathtaking views. Furthermore, this outstanding villa also includes a lower ground floor/basement level, where a fifth bedroom, a kitchenette and a bathroom can be found. Central heating, air conditioning and ceiling fans can be found throughout the property, plus the villa benefits from covered and uncovered private parking as well as storage areas. Coupled with the location and high standard the villa boasts makes this a great property investment as a long-term rental, holiday let or permanent residence. 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.
Exceptional five bedroom villa located within one of the most sought-after villages in Paphos, Peyia, within a short distance to a plethora of amenities and just a short drive to the city centre. Set on a large plot, this outstanding property offers very generous accommodation, with the ground floor comprising of an open plan living, dining and kitchen area, a well sized guest w/c and a spacious double bedroom that benefits from ensuite facilities. Lines between interior and exterior are all but erased, with the living area and ground floor bedroom opening out to a large covered veranda, a large uncovered relaxation area and a lavish infinity pool, all encompassed by mature trees and gardens. It makes for the perfect area for alresco dining and entertaining with family and friends. Stairs lead up to the first floor that features three double bedrooms that all boast ensuite facilities, with the master bedroom benefitting from access to a balcony that offers breathtaking views. Furthermore, this outstanding villa also includes a lower ground floor/basement level, where a fifth bedroom, a kitchenette and a bathroom can be found. Central heating, air conditioning and ceiling fans can be found throughout the property, plus the villa benefits from covered and uncovered private parking as well as storage areas. Coupled with the location and high standard the villa boasts makes this a great property investment as a long-term rental, holiday let or permanent residence. 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
Vatoudion 41, Peyia 8560, Cyprus, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £998,256 | £1,032,744 | £34,488 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £998,256 |
| Maximum cost in the last six months | £1,032,744 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,488 |
Vatoudion 41, Peyia 8560, Cyprus, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £998,256 | £1,032,744 | £34,488 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £998,256 |
| Maximum cost in the last six months | £1,032,744 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,488 |
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 £34,488 more.
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