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House, For Sale, Paphos, Geroskipou
Geroskipou, Cyprus
REF: 904022
€515,000
Description
Two luxurious detached villas in a quiet residential area Only a few minutes€™ drive from the beach, city center and Kings Avenue Mall Paphos district is located to the western-most part of the island of Cyprus. It enjoys the best climate in Cyprus and it has the majority of archaeology on the island. The people of Cyprus are a mixture of many trading nations in the Mediterranean. People are open, frank, and friendly to foreigners. They will extend a warm welcome to you, always making you feel at home on the island. Yeroskipou is a large suburb east of Paphos with a population of around 8,500 residents. According to mythology, Aphrodite the goddess of beauty had her gardens there. With its popular sandy beach and a large residential area set on a cliff commanding fantastic sea views. It is also filled with shops, supermarkets, banks, restaurants, coffee shops bakeries, schools and anything that can also be found in the city center of Paphos that is only minutes away. Paphos has become the focus attraction for investors and entrepreneurs, mainly from Europe, but also from third country nationals. Paphos with its enchanting surrounding regions is considered to be the safest region on the island and it continues to be recognized as the finest choice when purchasing property on the island. Project highlights 5 minutes from the popular beach of Geroskipou 7 minutes from city center and Kings Avenue Mall 2 minutes from the motorwa 235m2 internal covered area 4 bedrooms and 3 bathrooms Bright and spacious living and dining areas Optional extras such as private swimming pool, all bedrooms with en-suite showers, 5th bedroom or studio on the roof with en-suite bedroom, walk-in wardrobe and small kitchen. Delivery within 2 months Situated in a prime residential area
Two luxurious detached villas in a quiet residential area Only a few minutes€™ drive from the beach, city center and Kings Avenue Mall Paphos district is located to the western-most part of the island of Cyprus. It enjoys the best climate in Cyprus and it has the majority of archaeology on the island. The people of Cyprus are a mixture of many trading nations in the Mediterranean. People are open, frank, and friendly to foreigners. They will extend a warm welcome to you, always making you feel at home on the island. Yeroskipou is a large suburb east of Paphos with a population of around 8,500 residents. According to mythology, Aphrodite the goddess of beauty had her gardens there. With its popular sandy beach and a large residential area set on a cliff commanding fantastic sea views. It is also filled with shops, supermarkets, banks, restaurants, coffee shops bakeries, schools and anything that can also be found in the city center of Paphos that is only minutes away. Paphos has become the focus attraction for investors and entrepreneurs, mainly from Europe, but also from third country nationals. Paphos with its enchanting surrounding regions is considered to be the safest region on the island and it continues to be recognized as the finest choice when purchasing property on the island. Project highlights 5 minutes from the popular beach of Geroskipou 7 minutes from city center and Kings Avenue Mall 2 minutes from the motorwa 235m2 internal covered area 4 bedrooms and 3 bathrooms Bright and spacious living and dining areas Optional extras such as private swimming pool, all bedrooms with en-suite showers, 5th bedroom or studio on the roof with en-suite bedroom, walk-in wardrobe and small kitchen. Delivery within 2 months Situated in a prime residential area
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Currency Exchange
Geroskipou, 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 €515,000 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 |
|---|---|---|---|
| €515,000 | £426,580 | £442,617 | £16,037 |
| Property Price € | €515,000 |
| Minimum cost in the last six months | £426,580 |
| Maximum cost in the last six months | £442,617 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,037 |
Geroskipou, 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 €515,000 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 |
|---|---|---|---|
| €515,000 | £426,580 | £442,617 | £16,037 |
| Property Price € | €515,000 |
| Minimum cost in the last six months | £426,580 |
| Maximum cost in the last six months | £442,617 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,037 |
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 £16,037 more.
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