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This bungalow is in the heart of Peyia, the location of this property is close to amenities such as restaurants, bars, banks, and taverns
Peyia, Paphos, Cyprus
REF: 894055
€350,000
Description
This bungalow is in the heart of Peyia, the location of this property is close to amenities such as restaurants, bars, banks, and taverns. This includes a 10-minute drive to the sea, and a short walk to the town centre. You can enjoy its sandy beaches which have been awarded the EU Blue Flag for clean waters. Peyia is only a stone throw away from well-known areas as such as Coral Bay which means you can enjoy the traditional culture of Cyprus while enjoying the modern amenities. This property has private covered parking to the right of the property. The outside area boasts a private swimming pool where you can enjoy sunbathing and enjoying pool days. There is also a covered veranda which is being used as a sun room. There is a BBQ area and pizza oven in the outside area, plus there is a hot tub. Entering the bungalow, you will find an open plan styled lounge and dining area that opens to the terrace. There is a seperate kitchen area that is spacious and has a lot of room for storage. The kitchen flows into the outside area which also has patio doors leading to the outside veranda and pool area. Further into the property you are met with three spacious bedrooms. To the left of the property is the master bedroom. This master bedroom has an en suite shower room and fitted wardrobes. The second and third bedroom shares the family bathroom. Both bathrooms have been renovated and modernized. This property has been well maintained and has the potential to be a holiday home, or as a family residence! This property s key features include large private swimming pool, carport, fly s screens and aluminum shutters, BBQ area and pizza oven, hot tub area, air conditioning, partly furnished, and FULL title deed. *Plot size is approximate
This bungalow is in the heart of Peyia, the location of this property is close to amenities such as restaurants, bars, banks, and taverns. This includes a 10-minute drive to the sea, and a short walk to the town centre. You can enjoy its sandy beaches which have been awarded the EU Blue Flag for clean waters. Peyia is only a stone throw away from well-known areas as such as Coral Bay which means you can enjoy the traditional culture of Cyprus while enjoying the modern amenities. This property has private covered parking to the right of the property. The outside area boasts a private swimming pool where you can enjoy sunbathing and enjoying pool days. There is also a covered veranda which is being used as a sun room. There is a BBQ area and pizza oven in the outside area, plus there is a hot tub. Entering the bungalow, you will find an open plan styled lounge and dining area that opens to the terrace. There is a seperate kitchen area that is spacious and has a lot of room for storage. The kitchen flows into the outside area which also has patio doors leading to the outside veranda and pool area. Further into the property you are met with three spacious bedrooms. To the left of the property is the master bedroom. This master bedroom has an en suite shower room and fitted wardrobes. The second and third bedroom shares the family bathroom. Both bathrooms have been renovated and modernized. This property has been well maintained and has the potential to be a holiday home, or as a family residence! This property s key features include large private swimming pool, carport, fly s screens and aluminum shutters, BBQ area and pizza oven, hot tub area, air conditioning, partly furnished, and FULL title deed. *Plot size is approximate
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Currency Exchange
Peyia, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £289,909 | £300,808 | £10,899 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £289,909 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,899 |
Peyia, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £289,909 | £300,808 | £10,899 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £289,909 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,899 |
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 £10,899 more.
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