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House, For Sale, Paphos, Kato Paphos
Kato Paphos, Cyprus
REF: 902712
€700,000
Description
This is 3 bedroom, 3 bathroom villa for sale located in the municipality of Paphos along the coastline of the historic Lighthouse. Overlooking the coastline, the site is within close proximity to amenities and services. Paphos offers a variety of cultural, entertainment and leisure facilities in less than 5km to its city center from the site. The old harbor, the castle of Paphos, the various ancient sites like Tomb of Kings and the ancient mosaics are a popular destination both for locals and tourists that can be combined with leisure activities along the coast. The Mediterranean weather in combination with the beautiful natural landscape of the area, is a perfect combination which transforms this development into a relaxing yet luxurious homes, enjoying the benefits of its prime location.
This is 3 bedroom, 3 bathroom villa for sale located in the municipality of Paphos along the coastline of the historic Lighthouse. Overlooking the coastline, the site is within close proximity to amenities and services. Paphos offers a variety of cultural, entertainment and leisure facilities in less than 5km to its city center from the site. The old harbor, the castle of Paphos, the various ancient sites like Tomb of Kings and the ancient mosaics are a popular destination both for locals and tourists that can be combined with leisure activities along the coast. The Mediterranean weather in combination with the beautiful natural landscape of the area, is a perfect combination which transforms this development into a relaxing yet luxurious homes, enjoying the benefits of its prime location.
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Currency Exchange
Kato 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 €700,000 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 |
|---|---|---|---|
| €700,000 | £581,973 | £602,434 | £20,461 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £581,973 |
| Maximum cost in the last six months | £602,434 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,461 |
Kato 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 €700,000 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 |
|---|---|---|---|
| €700,000 | £581,973 | £602,434 | £20,461 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £581,973 |
| Maximum cost in the last six months | £602,434 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,461 |
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 £20,461 more.
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