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This beautiful detached villa is in the popular area of Coral Bay in Paphos
Coral Bay, Paphos, Cyprus
REF: 882031
€1,450,000
Description
This beautiful detached villa is in the popular area of Coral Bay in Paphos. The property offers private parking, a large private swimming pool and walking distance to the Coral Bay strip. The property is only few minutes walk from the Coral Bay beach which is famous for its blue flag beaches as well as the great night life, and a short walk away is the main Coral Bay strip which offers all kinds of shops, bars, restaurants and many more. Entering into the villa is a spacious open plan lounge, dining and kitchen area . The kitchen area includes a lot of room for storage and have been modernized. The arched patio doors and windows throughout the living area make it feel bright and open. The living area opens to the outside area through the arched patio doors. From here you have a sea view and can hear the waves crashing. Up the staircase there are 3 double bedrooms. The master bedroom has an en suite shower room plus a private balcony with sea views. The second and third bedroom share the modern family bathroom. All bedrooms on this first floor have air conditioning and fitted wardrobes. Down to the basement area is a spacious entertainment area which has a bar and lounge area, perfect for entertaining guests. There is a spacious bedroom, office area which can be utilized as the 5th bedroom, and a shower room. On this level there is also a utility area for storage and doing washing. The patio doors open up to the swimming pool area. This outside area boasts a large swimming pool area which is perfect for long summer days and time with family and friends, or simply relaxing by the pool. Includes, private swimming pool, BBQ area, air conditioning, multiple seating areas, large garden and pool area, central location in Coral Bay, double glazing, fly screens throughout, furniture negotiable. This is a leasehold property. *Plot and internal size is estimated.
This beautiful detached villa is in the popular area of Coral Bay in Paphos. The property offers private parking, a large private swimming pool and walking distance to the Coral Bay strip. The property is only few minutes walk from the Coral Bay beach which is famous for its blue flag beaches as well as the great night life, and a short walk away is the main Coral Bay strip which offers all kinds of shops, bars, restaurants and many more. Entering into the villa is a spacious open plan lounge, dining and kitchen area . The kitchen area includes a lot of room for storage and have been modernized. The arched patio doors and windows throughout the living area make it feel bright and open. The living area opens to the outside area through the arched patio doors. From here you have a sea view and can hear the waves crashing. Up the staircase there are 3 double bedrooms. The master bedroom has an en suite shower room plus a private balcony with sea views. The second and third bedroom share the modern family bathroom. All bedrooms on this first floor have air conditioning and fitted wardrobes. Down to the basement area is a spacious entertainment area which has a bar and lounge area, perfect for entertaining guests. There is a spacious bedroom, office area which can be utilized as the 5th bedroom, and a shower room. On this level there is also a utility area for storage and doing washing. The patio doors open up to the swimming pool area. This outside area boasts a large swimming pool area which is perfect for long summer days and time with family and friends, or simply relaxing by the pool. Includes, private swimming pool, BBQ area, air conditioning, multiple seating areas, large garden and pool area, central location in Coral Bay, double glazing, fly screens throughout, furniture negotiable. This is a leasehold property. *Plot and internal size is estimated.
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Currency Exchange
Coral Bay, Paphos, 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 €1,450,000 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 |
|---|---|---|---|
| €1,450,000 | £1,216,695 | £1,250,712 | £34,017 |
| Property Price € | €1,450,000 |
| Minimum cost in the last six months | £1,216,695 |
| Maximum cost in the last six months | £1,250,712 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,017 |
Coral Bay, Paphos, 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 €1,450,000 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 |
|---|---|---|---|
| €1,450,000 | £1,216,695 | £1,250,712 | £34,017 |
| Property Price € | €1,450,000 |
| Minimum cost in the last six months | £1,216,695 |
| Maximum cost in the last six months | £1,250,712 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,017 |
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 £34,017 more.
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