Apartment

FA203, Sotira, Famagusta, Cyprus

For Sale

€128,000

REF: 901547 €128,000


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1

Description

1 bedroom, 1 bathroom, second floor, NEW BUILD apartment with inviting swimming pool, sun terrace and gym in fantastic location of Sotira - FLS106DPThis exciting new development consists of 2 blocks totalling 26 apartments together, designed around a stunning communal swimming pool and includes a sun terrace, outdoor shower, toilet facilities, roof garden and gym.This 1 bed property located on the secnd floor, accessible by either lift or stairs is offered for sale with allocated covered parking spaces.

The entrance leads into the open plan design of kitchen, living and dining area with modern units and quality ceramics this property has been carefully designed and the layout thought through.The double bedroom includes, floor to ceiling, fitted wardrobes. The gorgeous bathroom has been designed with either a bath or shower, WC and sink with vanity.

This particular property boasts a wonderful 8.7m2 covered veranda, a great place to sit and relax with a cold drink or a good book. Located on the border of Paralimni and Sotira this complex has the benefits of all of the amenities of Paralimni town less than 3km away with the village restaurants and shops a short walk from home.With the residential location but also luxurious communal pool this complex really does tick all the boxes, suitable for families and rental opportunities alike.

A site inspection to fully appreciate the location is highly recommended.Site inspection by appointment.Price excludes VAT.SOTIRASotira has taken its name from a church, situated in the centre of the village which is dedicated to the transfiguration of Jesus Christ the Saviour (Sotira in Greek means Saviour).

It is a beautiful village, and in recent years has been allocated municipality status. Sotira is famous for its plant called `Kolokasi` (known in English as Jerusalem artichokes or taro). Since 2009 there is a an annual festival dedicated to the plant, usually in October. The coastal area of Ayia Thekla is part of Sotira Municipality and only 5km from the centre of the village.

Paralimni is also only a five minute drive and Larnaca International Airport just half an hour down the highway. The village offers all amenities including shops, banks, schools and tavernas. Properties in Sotira are much in demand and are usually snapped up quickly due to the prime location.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 palete.

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!
1 bedroom, 1 bathroom, second floor, NEW BUILD apartment with inviting swimming pool, sun terrace and gym in fantastic location of Sotira - FLS106DPThis exciting new development consists of 2 blocks totalling 26 apartments together, designed around a stunning communal swimming pool and includes a sun terrace, outdoor shower, toilet facilities, roof garden and gym.This 1 bed property located on the secnd floor, accessible by either lift or stairs is offered for sale with allocated covered parking spaces.

The entrance leads into the open plan design of kitchen, living and dining area with modern units and quality ceramics this property has been carefully designed and the layout thought through.The double bedroom includes, floor to ceiling, fitted wardrobes. The gorgeous bathroom has been designed with either a bath or shower, WC and sink with vanity.

This particular property boasts a wonderful 8.7m2 covered veranda, a great place to sit and relax with a cold drink or a good book. Located on the border of Paralimni and Sotira this complex has the benefits of all of the amenities of Paralimni town less than 3km away with the village restaurants and shops a short walk from home.With the residential location but also luxurious communal pool this complex really does tick all the boxes, suitable for families and rental opportunities alike.

A site inspection to fully appreciate the location is highly recommended.Site inspection by appointment.Price excludes VAT.SOTIRASotira has taken its name from a church, situated in the centre of the village which is dedicated to the transfiguration of Jesus Christ the Saviour (Sotira in Greek means Saviour).

It is a beautiful village, and in recent years has been allocated municipality status. Sotira is famous for its plant called `Kolokasi` (known in English as Jerusalem artichokes or taro). Since 2009 there is a an annual festival dedicated to the plant, usually in October. The coastal area of Ayia Thekla is part of Sotira Municipality and only 5km from the centre of the village.

Paralimni is also only a five minute drive and Larnaca International Airport just half an hour down the highway. The village offers all amenities including shops, banks, schools and tavernas. Properties in Sotira are much in demand and are usually snapped up quickly due to the prime location.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 palete.

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

#5999

Currency Exchange

FA203, Sotira, 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 €128,000 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
€128,000 £105,459 £110,010 £4,550
Property Price € €128,000
Minimum cost in the last six months £105,459
Maximum cost in the last six months £110,010
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,550

FA203, Sotira, 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 €128,000 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
€128,000 £105,459 £110,010 £4,550
Property Price € €128,000
Minimum cost in the last six months £105,459
Maximum cost in the last six months £110,010
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,550

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 £4,550 more.

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