Protaras, Famagusta - From 1,650,000

Protaras, Famagusta, Cyprus

For Sale

€1,650,000

REF: 904216 €1,650,000


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Description

Three Bedroom Penthouse Apartment For Sale in Protaras, Famagusta - Title Deeds (New Build Process)This is an enclave of 25 exclusive units, crafting a distinctive living experience. It features an array of 5-bedroom villas and 2, 3, and 4-bedroom beachfront apartments, each epitomizing high... Three Bedroom Penthouse Apartment For Sale in Protaras, Famagusta - Title Deeds (New Build Process)This is an enclave of 25 exclusive units, crafting a distinctive living experience.

It features an array of 5-bedroom villas and 2, 3, and 4-bedroom beachfront apartments, each epitomizing high aesthetic standards, avant-garde architecture, and premium quality, raising the bar of luxury living. Designed for seclusion, every villa is a sanctuary with its own swimming pool, verdant garden, private parking, and a rooftop garden that captures the enchanting Protaras sunrise.

The apartments ascend in a four-story edifice, each with expansive balconies and, for the pinnacle units, rooftop gardens. The complex is also home to a cutting-edge fitness studio and massage parlors. The communal areas are meticulously crafted to transcend the ordinary, offering a hotel-like ambiance and exclusivity.- 3 Bedrooms all with ensuite and fitted wardrobes- Open plan living - dining - kitchen area- Guest W/C- Unfurnished- Provisions for air conditioning- Roof terrace- Communal swimming pool- Parking- Storage- Internal 120-140 m2- Covered veranda 28-30 m2- Roof terrace 57-67 m2- Communal fees TBC- Close to local shops, restaurants and amenities- 2 Minutes walk to the beach- 5 Minutes to the tourist area of Protaras- 14 Minutes to Ayia Napa- 47 Minutes to Larnaca International Airport- Suitable for Cyprus Permanent Residency - Fast Track- Subject to VAT- Energy Efficiency TBCProtarasProtaras is a popular tourist resort, well known for its beautiful golden white sandy beaches, especially Fig Tree Bay with its old lone fig tree, and clear sky blue waters.

A beautiful purpose built coastal boardwalk links Protaras to adjoining resorts, secluded coves & beachside tavernas & cafes. To the northwest, atop a rock, you will find the limestone Church of Profitis Ilias (Agios Elias) with breath taking views across the bay. There is a wide choice of hotels & self catering accommodation with a vast selection of restaurants, traditional tavernas, bars & coffee shops, making this a great area for investment for the tourist market.------------* Title Deeds (New Build Process)* Beachfront Penthouse Apartment* Roof Terrace & Communal Pool* Suitable for Cyprus Permanent Residency - Fast Track* Subject to VAT* Off Plan - Completion Due December 2026* Energy Efficiency TBCProtarasProtarasCounty: FamagustaSale Type: For SaleRef #: GIO103N3PF
Three Bedroom Penthouse Apartment For Sale in Protaras, Famagusta - Title Deeds (New Build Process)This is an enclave of 25 exclusive units, crafting a distinctive living experience. It features an array of 5-bedroom villas and 2, 3, and 4-bedroom beachfront apartments, each epitomizing high... Three Bedroom Penthouse Apartment For Sale in Protaras, Famagusta - Title Deeds (New Build Process)This is an enclave of 25 exclusive units, crafting a distinctive living experience.

It features an array of 5-bedroom villas and 2, 3, and 4-bedroom beachfront apartments, each epitomizing high aesthetic standards, avant-garde architecture, and premium quality, raising the bar of luxury living. Designed for seclusion, every villa is a sanctuary with its own swimming pool, verdant garden, private parking, and a rooftop garden that captures the enchanting Protaras sunrise.

The apartments ascend in a four-story edifice, each with expansive balconies and, for the pinnacle units, rooftop gardens. The complex is also home to a cutting-edge fitness studio and massage parlors. The communal areas are meticulously crafted to transcend the ordinary, offering a hotel-like ambiance and exclusivity.- 3 Bedrooms all with ensuite and fitted wardrobes- Open plan living - dining - kitchen area- Guest W/C- Unfurnished- Provisions for air conditioning- Roof terrace- Communal swimming pool- Parking- Storage- Internal 120-140 m2- Covered veranda 28-30 m2- Roof terrace 57-67 m2- Communal fees TBC- Close to local shops, restaurants and amenities- 2 Minutes walk to the beach- 5 Minutes to the tourist area of Protaras- 14 Minutes to Ayia Napa- 47 Minutes to Larnaca International Airport- Suitable for Cyprus Permanent Residency - Fast Track- Subject to VAT- Energy Efficiency TBCProtarasProtaras is a popular tourist resort, well known for its beautiful golden white sandy beaches, especially Fig Tree Bay with its old lone fig tree, and clear sky blue waters.

A beautiful purpose built coastal boardwalk links Protaras to adjoining resorts, secluded coves & beachside tavernas & cafes. To the northwest, atop a rock, you will find the limestone Church of Profitis Ilias (Agios Elias) with breath taking views across the bay. There is a wide choice of hotels & self catering accommodation with a vast selection of restaurants, traditional tavernas, bars & coffee shops, making this a great area for investment for the tourist market.------------* Title Deeds (New Build Process)* Beachfront Penthouse Apartment* Roof Terrace & Communal Pool* Suitable for Cyprus Permanent Residency - Fast Track* Subject to VAT* Off Plan - Completion Due December 2026* Energy Efficiency TBCProtarasProtarasCounty: FamagustaSale Type: For SaleRef #: GIO103N3PF
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Property on Map

#18870-GIO103N3PF

Currency Exchange

Protaras, 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 €1,650,000 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
€1,650,000 £1,359,435 £1,418,093 £58,658
Property Price € €1,650,000
Minimum cost in the last six months £1,359,435
Maximum cost in the last six months £1,418,093
Fluctuating exchange rates over the last six months could have increased the cost of this property by £58,658

Protaras, 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 €1,650,000 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
€1,650,000 £1,359,435 £1,418,093 £58,658
Property Price € €1,650,000
Minimum cost in the last six months £1,359,435
Maximum cost in the last six months £1,418,093
Fluctuating exchange rates over the last six months could have increased the cost of this property by £58,658

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 £58,658 more.

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