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House, For Sale, Famagusta, Agia Thekla
(34.9752392, 33.9040084), Agia Thekla, Cyprus
REF: 857109
€650,000
Description
This asset is a four-bedroom house (No.3) part of the residential complex €œPenny Lane - Phase 2€ in Ayia Thekla, Famagusta. The asset is in Agia Thekla area, c. 3,2 km west of Ayia Napa Marina, c. 230m south of the Larnaca Ayia Napa motorway and c. 300m north of the seafront. The asset has an area of 214sqm. The ground floor consists of an open plan living/dining room, a kitchen, a storage room, and a guest toilet. On the first level there are three bedrooms (one of which en suite) and a bathroom. On the second level there is a bedroom with an en-suite bathroom and walk-in closet. Externally there are covered parking spaces, a barbeque area, a private swimming pool and a spacious yard. The surrounding area of the property comprises of residential and touristic developments that enjoys easy access to the motorway.
This asset is a four-bedroom house (No.3) part of the residential complex €œPenny Lane - Phase 2€ in Ayia Thekla, Famagusta. The asset is in Agia Thekla area, c. 3,2 km west of Ayia Napa Marina, c. 230m south of the Larnaca Ayia Napa motorway and c. 300m north of the seafront. The asset has an area of 214sqm. The ground floor consists of an open plan living/dining room, a kitchen, a storage room, and a guest toilet. On the first level there are three bedrooms (one of which en suite) and a bathroom. On the second level there is a bedroom with an en-suite bathroom and walk-in closet. Externally there are covered parking spaces, a barbeque area, a private swimming pool and a spacious yard. The surrounding area of the property comprises of residential and touristic developments that enjoys easy access to the motorway.
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Currency Exchange
(34.9752392, 33.9040084), Agia Thekla, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £535,535 | £558,643 | £23,108 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £535,535 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,108 |
(34.9752392, 33.9040084), Agia Thekla, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £535,535 | £558,643 | £23,108 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £535,535 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,108 |
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 £23,108 more.
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