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House, For Sale, Paphos, Polis Chrysochous
Polis Chrysochous, Cyprus
REF: 844733
€550,000
Description
Two storey villa with a swimming pool in an attractive location in Polis Chrysochous. The property is located near Polis Municipality to the Northeast. Close to all necessary amenities and services. It enjoys excellent access to the beach and to the neighboring communities. In addition, the tourist area of Latsi is only a short drive away. The villa was constructed in 2010 and the level of construction and maintenance is good. It consists of a kitchen/living room/dining room as an open space, one bedroom, quest toilet and a bathroom on the ground floor. The first floor consists of two bedrooms, a bathroom and a staircase which leads to the roof garden. The semi-basement consists of a parking space and storages. The area of the internal spaces is 122 sqm (approx.), the semi-basement 69 sqm (approx.), the covered verandas 3 sqm (approx.) and the uncovered verandas 59 sqm (approx.). The area of the property is characterized by its many tourist activities making the villa suitable for private use or for rental with a good return. The property has a separate title deed.
Two storey villa with a swimming pool in an attractive location in Polis Chrysochous. The property is located near Polis Municipality to the Northeast. Close to all necessary amenities and services. It enjoys excellent access to the beach and to the neighboring communities. In addition, the tourist area of Latsi is only a short drive away. The villa was constructed in 2010 and the level of construction and maintenance is good. It consists of a kitchen/living room/dining room as an open space, one bedroom, quest toilet and a bathroom on the ground floor. The first floor consists of two bedrooms, a bathroom and a staircase which leads to the roof garden. The semi-basement consists of a parking space and storages. The area of the internal spaces is 122 sqm (approx.), the semi-basement 69 sqm (approx.), the covered verandas 3 sqm (approx.) and the uncovered verandas 59 sqm (approx.). The area of the property is characterized by its many tourist activities making the villa suitable for private use or for rental with a good return. The property has a separate title deed.
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Currency Exchange
Polis Chrysochous, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
Polis Chrysochous, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
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 £17,127 more.
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