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House Detached in Peyia, Paphos
5372, Cyprus
REF: 848280
€1,160,000
Description
Reference ID: #SA34462Price details: 1,160,000 +VATThe development is within a 10-minute walk from the captivating Edro III Shipwreck, Oniro By the Sea, and the natural sea caves. It is also a 10-minute drive to the border of the Akamas Nature Reserve, a UNESCO-protected haven, and one of the last remaining natural areas on the island.Designed for discerning clients seeking luxurious high-end villas, each residence, features a seamless indoor-outdoor flow and high-end specifications. Residents can fully embrace the Cyprus climate and the area's natural beauty, enjoying ample outdoor space, complete privacy, and breathtaking views. Additionally, there is convenient access to local infrastructure, including schools, shops, bars, and hotels.The project specification encompasses the following features, all of which are included in the price: Spacious open-plan living, dining & kitchen areaSwimming poolPhotovoltaic system of 10,1 kW with solar panelsItalian manufactured floorsOutdoor kitchen and barbeque areaWater underfloor heating with heat pumpVRV cooling system, offering customizable climate control in all roomsHigh ceilings and high doors in all roomsElectric gate for cars and electric car chargerBathrooms equipped with walk-in showers, safety glass, and wall-mounted toiletsExternal shutters in bedrooms for shadingFull thermal insulation, ensuring Energy Efficiency Category AEnergy-efficient slimline aluminium windowsSecurity system with alarm and CCTVPlant roomCovered area: 179 sq.m.Covered veranda: 42 sq.m.Plot size: 531 sq.m.Project delivery date: October 2026PLUS V.A.T
Reference ID: #SA34462Price details: 1,160,000 +VATThe development is within a 10-minute walk from the captivating Edro III Shipwreck, Oniro By the Sea, and the natural sea caves. It is also a 10-minute drive to the border of the Akamas Nature Reserve, a UNESCO-protected haven, and one of the last remaining natural areas on the island.Designed for discerning clients seeking luxurious high-end villas, each residence, features a seamless indoor-outdoor flow and high-end specifications. Residents can fully embrace the Cyprus climate and the area's natural beauty, enjoying ample outdoor space, complete privacy, and breathtaking views. Additionally, there is convenient access to local infrastructure, including schools, shops, bars, and hotels.The project specification encompasses the following features, all of which are included in the price: Spacious open-plan living, dining & kitchen areaSwimming poolPhotovoltaic system of 10,1 kW with solar panelsItalian manufactured floorsOutdoor kitchen and barbeque areaWater underfloor heating with heat pumpVRV cooling system, offering customizable climate control in all roomsHigh ceilings and high doors in all roomsElectric gate for cars and electric car chargerBathrooms equipped with walk-in showers, safety glass, and wall-mounted toiletsExternal shutters in bedrooms for shadingFull thermal insulation, ensuring Energy Efficiency Category AEnergy-efficient slimline aluminium windowsSecurity system with alarm and CCTVPlant roomCovered area: 179 sq.m.Covered veranda: 42 sq.m.Plot size: 531 sq.m.Project delivery date: October 2026PLUS V.A.T
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Currency Exchange
5372, 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 €1,160,000 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 |
|---|---|---|---|
| €1,160,000 | £960,840 | £996,962 | £36,122 |
| Property Price € | €1,160,000 |
| Minimum cost in the last six months | £960,840 |
| Maximum cost in the last six months | £996,962 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £36,122 |
5372, 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 €1,160,000 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 |
|---|---|---|---|
| €1,160,000 | £960,840 | £996,962 | £36,122 |
| Property Price € | €1,160,000 |
| Minimum cost in the last six months | £960,840 |
| Maximum cost in the last six months | £996,962 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £36,122 |
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 £36,122 more.
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