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House, For Sale, Paphos, Pegeia
Pegeia, Cyprus
REF: 902945
€551,000
Description
Introducing this new development of private residences that enjoy some of the finest sea views in Cyprus. Located in Peyia, they are perched on a hilltop and command exceptional views of the surrounding Mediterranean countryside and sea. The homes have been carefully designed and orientated to maximum the views from all angles. Although modern in appearance, the architectural design reflects Cypriot character and style, incorporating traditional stone, timber and marble. Every villa is graced with a private garden, spacious enough to accommodate a personal swimming pool. These homes offer a perfect combination of location and design. For more information please contact us .
Introducing this new development of private residences that enjoy some of the finest sea views in Cyprus. Located in Peyia, they are perched on a hilltop and command exceptional views of the surrounding Mediterranean countryside and sea. The homes have been carefully designed and orientated to maximum the views from all angles. Although modern in appearance, the architectural design reflects Cypriot character and style, incorporating traditional stone, timber and marble. Every villa is graced with a private garden, spacious enough to accommodate a personal swimming pool. These homes offer a perfect combination of location and design. For more information please contact us .
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Currency Exchange
Pegeia, 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 €551,000 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 |
|---|---|---|---|
| €551,000 | £458,366 | £474,202 | £15,836 |
| Property Price € | €551,000 |
| Minimum cost in the last six months | £458,366 |
| Maximum cost in the last six months | £474,202 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,836 |
Pegeia, 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 €551,000 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 |
|---|---|---|---|
| €551,000 | £458,366 | £474,202 | £15,836 |
| Property Price € | €551,000 |
| Minimum cost in the last six months | £458,366 |
| Maximum cost in the last six months | £474,202 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,836 |
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 £15,836 more.
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