Bungalow

31, Frenaros, Famagusta, Cyprus

For Sale

€295,000

REF: 892254 €295,000


2

1

Description

2 bedroom, 1 bathroom, NEW BUILD Bungalow with inviting swimming pool on 326m2 plot in quiet area of Frenaros - ZEN115Set on a small development of just 11 properties, this modern family home was completed in 2023. From the gated entrance it is clear to see the villa has been designed and finished with a chic and modern style yet the landscaped gardens give the welcoming feel of home.

From the raised front veranda and through the entrance, the property boasts a large, open plan living, dining and kitchen area. The kitchen is finished in modern white gloss units, with an eye level oven and an abundance of worktop and storage space. The dining area offers patio door access to the garden at the side of the property, a great sun trap which benefits from a retractable sun canopy when you feel shade would be more welcome.

The kitchen includes access to the swimming pool and sun terrace at the rear as well as a window over the sink making this a lovely bright space to spend time in. The property has 2 bedrooms, both double in size. The current owners have utilised the front bedroom as a crafting room/home office. Both bedrooms include floor to ceiling fitted wardrobes, ceiling fans and air conditioning and the master bedroom has patio door access to the sun terrace at the rear of the property.

The modern and stylish family bathroom has been finished in high quality ceramics and fittings and boasts a walk in shower, WC and modern feature sink with vanity unit. There is the option to have a second bathroom with all provisions already installed. The current owners have utilised the second bathroom as a storage room, ideal for Christmas decorations, children`s toys or luggage.

The space in this property allows for great potential.The 326m2 plot offers an inviting swimming pool, covered parking with roller shutter at the front, an outdoor shower and plenty of patio space. The property will have a green area located behind the back garden and the back garden wall is finished in a modern glass surround.

This absolutely gorgeous bungalow is offered for sale unfurnished, ready to stamp your own mark on it. All kitchen appliances, air conditioning units, ceiling fans, blinds, awning and roller shutter will be included in the sale.This is a fantastic opportunity to purchase a brand new, completed and established, home in the sun.

Viewing is highly recommended to fully appreciate both the property and the location. Please note this property is sold as a resale and therefore is not subject to any VAT on the purchase price.Viewings by appointment.FRENAROSLocated inland from the tourist resorts of Ayia Napa and Protaras the village of Frenaros is a much sought after place to live for local people and immigrants.

It still retains the traditional Cypriot village atmosphere with coffee shops and local tavernas. During recent years many new houses and luxury villas have been built around the outskirts whilst the village centre remains faithful to the Cypriot building style. Adding to the mixture of architecture the village has a few Byzantine churches which date back to the 12th century.

Frenaros is famous for Water Melons with the red soil perfect for growing the biggest juiciest specimens! A perfect place for residential living or a good base for a holiday, Frenaros is only 12 minutes from Ayia Napa, 5 minutes from Deryneia and just 40 minutes down the highway to Larnaca International Airport.

ABOUT THE FAMAGUSTA REGIONWhether you are planning to visit the Famagusta region of the Republic of Cyprus for the first time or you are already in love with the area, there is something here for everyone.The area is not known as the Jewel of the Eastern Mediterranean` for nothing! From the stunning cliffs of Cavo Greko (the most Easterly point of Europe) to quaint inland villages, to the 44 (yes 44!) white sandy Blue Flag beaches, the area holds something for every palette.

We have beautiful nature trails, water sports galore, amazing fresh cuisine, nightlife, one of the top waterparks in Europe, fishing harbours, a world class Marina and the list goes on and on! You are never far from anywhere in Famagusta, a maximum 15 minute drive to the nearest beach from even the most inland villages.Thousands of expats of all nationalities have made Cyprus their home over the years due to the warm local welcome, fantastic climate and host of things to do.

The bustling cities of Limassol, Larnaca and Nicosia are just over an hour away but here you can enjoy a more relaxed pace of life. Crime rates are amongst the lowest in Europe, English and Russian are widely spoken and there is always time for a chat, a coffee or a glass of wine in the sunshine. We look forward to introducing you to hidden gems of the area on your next visit.ISLAND HOMES ESTATE AGENTSIsland Homes have been working with both local and overseas buyers and sellers for over 20 years.

We specialise in property sales in the Famagusta region with seaside properties from Protaras to Ayia Napa; major towns including Paralimni and Deryneia and also covering all of the beautiful red soil villages` including Xylofagou, Vrysoulles, Frenaros, Avgorou, Dasaki Achna and Sotira. All of our team live locally and have worked together for many, many years.

We are also all immigrants to Cyprus and property owners ourselves so can guarantee that we have lived through the same experiences as that of our clients. We have in-depth knowledge of the area, the facilities, the amenities and, of course, every one of the properties that we advertise for sale. Prior to advertising we undertake a full due diligence on every home to ensure that we can fully inform our clients about the legal status of each house or apartment.Our reputation is hugely important to us so, for a truly personal experience, contact us and we will work together to find your dream home!
2 bedroom, 1 bathroom, NEW BUILD Bungalow with inviting swimming pool on 326m2 plot in quiet area of Frenaros - ZEN115Set on a small development of just 11 properties, this modern family home was completed in 2023. From the gated entrance it is clear to see the villa has been designed and finished with a chic and modern style yet the landscaped gardens give the welcoming feel of home.

From the raised front veranda and through the entrance, the property boasts a large, open plan living, dining and kitchen area. The kitchen is finished in modern white gloss units, with an eye level oven and an abundance of worktop and storage space. The dining area offers patio door access to the garden at the side of the property, a great sun trap which benefits from a retractable sun canopy when you feel shade would be more welcome.

The kitchen includes access to the swimming pool and sun terrace at the rear as well as a window over the sink making this a lovely bright space to spend time in. The property has 2 bedrooms, both double in size. The current owners have utilised the front bedroom as a crafting room/home office. Both bedrooms include floor to ceiling fitted wardrobes, ceiling fans and air conditioning and the master bedroom has patio door access to the sun terrace at the rear of the property.

The modern and stylish family bathroom has been finished in high quality ceramics and fittings and boasts a walk in shower, WC and modern feature sink with vanity unit. There is the option to have a second bathroom with all provisions already installed. The current owners have utilised the second bathroom as a storage room, ideal for Christmas decorations, children`s toys or luggage.

The space in this property allows for great potential.The 326m2 plot offers an inviting swimming pool, covered parking with roller shutter at the front, an outdoor shower and plenty of patio space. The property will have a green area located behind the back garden and the back garden wall is finished in a modern glass surround.

This absolutely gorgeous bungalow is offered for sale unfurnished, ready to stamp your own mark on it. All kitchen appliances, air conditioning units, ceiling fans, blinds, awning and roller shutter will be included in the sale.This is a fantastic opportunity to purchase a brand new, completed and established, home in the sun.

Viewing is highly recommended to fully appreciate both the property and the location. Please note this property is sold as a resale and therefore is not subject to any VAT on the purchase price.Viewings by appointment.FRENAROSLocated inland from the tourist resorts of Ayia Napa and Protaras the village of Frenaros is a much sought after place to live for local people and immigrants.

It still retains the traditional Cypriot village atmosphere with coffee shops and local tavernas. During recent years many new houses and luxury villas have been built around the outskirts whilst the village centre remains faithful to the Cypriot building style. Adding to the mixture of architecture the village has a few Byzantine churches which date back to the 12th century.

Frenaros is famous for Water Melons with the red soil perfect for growing the biggest juiciest specimens! A perfect place for residential living or a good base for a holiday, Frenaros is only 12 minutes from Ayia Napa, 5 minutes from Deryneia and just 40 minutes down the highway to Larnaca International Airport.

ABOUT THE FAMAGUSTA REGIONWhether you are planning to visit the Famagusta region of the Republic of Cyprus for the first time or you are already in love with the area, there is something here for everyone.The area is not known as the Jewel of the Eastern Mediterranean` for nothing! From the stunning cliffs of Cavo Greko (the most Easterly point of Europe) to quaint inland villages, to the 44 (yes 44!) white sandy Blue Flag beaches, the area holds something for every palette.

We have beautiful nature trails, water sports galore, amazing fresh cuisine, nightlife, one of the top waterparks in Europe, fishing harbours, a world class Marina and the list goes on and on! You are never far from anywhere in Famagusta, a maximum 15 minute drive to the nearest beach from even the most inland villages.Thousands of expats of all nationalities have made Cyprus their home over the years due to the warm local welcome, fantastic climate and host of things to do.

The bustling cities of Limassol, Larnaca and Nicosia are just over an hour away but here you can enjoy a more relaxed pace of life. Crime rates are amongst the lowest in Europe, English and Russian are widely spoken and there is always time for a chat, a coffee or a glass of wine in the sunshine. We look forward to introducing you to hidden gems of the area on your next visit.ISLAND HOMES ESTATE AGENTSIsland Homes have been working with both local and overseas buyers and sellers for over 20 years.

We specialise in property sales in the Famagusta region with seaside properties from Protaras to Ayia Napa; major towns including Paralimni and Deryneia and also covering all of the beautiful red soil villages` including Xylofagou, Vrysoulles, Frenaros, Avgorou, Dasaki Achna and Sotira. All of our team live locally and have worked together for many, many years.

We are also all immigrants to Cyprus and property owners ourselves so can guarantee that we have lived through the same experiences as that of our clients. We have in-depth knowledge of the area, the facilities, the amenities and, of course, every one of the properties that we advertise for sale. Prior to advertising we undertake a full due diligence on every home to ensure that we can fully inform our clients about the legal status of each house or apartment.Our reputation is hugely important to us so, for a truly personal experience, contact us and we will work together to find your dream home!
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Property on Map

#5973

Currency Exchange

31, Frenaros, Famagusta, 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 €295,000 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
€295,000 £245,655 £254,455 £8,800
Property Price € €295,000
Minimum cost in the last six months £245,655
Maximum cost in the last six months £254,455
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,800

31, Frenaros, Famagusta, 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 €295,000 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
€295,000 £245,655 £254,455 £8,800
Property Price € €295,000
Minimum cost in the last six months £245,655
Maximum cost in the last six months £254,455
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,800

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 £8,800 more.

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