Apartment

2, Deryneia, Famagusta, Cyprus

For Sale

€160,000

REF: 910238 €160,000


2

1

Description

2 bedroom, ground floor apartment with photovoltaic system and TITLE DEEDS ready to transfer, in quiet location of the popular village of Deryneia - VAD101This is a great opportunity to purchase a unique property. This apartment is one of two properties, which are located between a row of town houses.

This ground floor property offers a real house` feel with a gated and private front garden which features decked and tiled verandas as well as a retractable sun canopy. The entrance of the property leads into an open plan design compromising of living, dining and kitchen area. The kitchen is a good size and galley style and offers access to the rear garden.

The rear garden is a real treat to find in an apartment, fenced on both sides this area is deal for hosting guests and enjoying the sun year round. There is another retractable sun canopy at the back of the house, offering welcome shade during the warm Cyprus summers.From the living area is a short corridor which leads to both bedrooms and bathroom.

Both bedrooms are double in size and include floor to ceiling fitted wardrobes. The bathroom features natural tiles with large walk in shower, WC and sink with large vanity unit, which can accommodate the washing machine as well as a wall hung storage unit.This delightful home is offered for sale part furnished with many kitchen appliances, air conditioning, ceiling fans, brick built BBQ, photovoltaic system, two large storage sheds and one smaller storage shed as well as allocated parking at the front of the property.

Situated close to the village amenities and not too far from the motorway, this property has a convenient location. An ideal retire to the sun property this apartment should be seen to be fully appreciated.Viewings by appointment.DERYNEIADeryneia is the second largest town in Famagusta, now linked with the main town of Paralimni.

Although very close to Paralimni it has a very different identity and unique charm. Typically residents work in agriculture, crafts and farming or in the hospitality industry. Deryneia is probably most famous for Strawberries, and produces over 60% of the total production on the Island. The strawberry festival, held every 2 years, is probably the most well known and brings thousands of visitors from the surrounding areas to sample the local delights and join in with the traditional dancing.

The Cultural Centre is a must see for tourists and locals alike as it tells the story of the history of the area and overlooks the Ghost town of Famagusta in Northern Cyprus. Deryneia is also a gateway to the occupied areas in the North and just a 10 minute drive to Famagusta town.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 palette.

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!
2 bedroom, ground floor apartment with photovoltaic system and TITLE DEEDS ready to transfer, in quiet location of the popular village of Deryneia - VAD101This is a great opportunity to purchase a unique property. This apartment is one of two properties, which are located between a row of town houses.

This ground floor property offers a real house` feel with a gated and private front garden which features decked and tiled verandas as well as a retractable sun canopy. The entrance of the property leads into an open plan design compromising of living, dining and kitchen area. The kitchen is a good size and galley style and offers access to the rear garden.

The rear garden is a real treat to find in an apartment, fenced on both sides this area is deal for hosting guests and enjoying the sun year round. There is another retractable sun canopy at the back of the house, offering welcome shade during the warm Cyprus summers.From the living area is a short corridor which leads to both bedrooms and bathroom.

Both bedrooms are double in size and include floor to ceiling fitted wardrobes. The bathroom features natural tiles with large walk in shower, WC and sink with large vanity unit, which can accommodate the washing machine as well as a wall hung storage unit.This delightful home is offered for sale part furnished with many kitchen appliances, air conditioning, ceiling fans, brick built BBQ, photovoltaic system, two large storage sheds and one smaller storage shed as well as allocated parking at the front of the property.

Situated close to the village amenities and not too far from the motorway, this property has a convenient location. An ideal retire to the sun property this apartment should be seen to be fully appreciated.Viewings by appointment.DERYNEIADeryneia is the second largest town in Famagusta, now linked with the main town of Paralimni.

Although very close to Paralimni it has a very different identity and unique charm. Typically residents work in agriculture, crafts and farming or in the hospitality industry. Deryneia is probably most famous for Strawberries, and produces over 60% of the total production on the Island. The strawberry festival, held every 2 years, is probably the most well known and brings thousands of visitors from the surrounding areas to sample the local delights and join in with the traditional dancing.

The Cultural Centre is a must see for tourists and locals alike as it tells the story of the history of the area and overlooks the Ghost town of Famagusta in Northern Cyprus. Deryneia is also a gateway to the occupied areas in the North and just a 10 minute drive to Famagusta town.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 palette.

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

#5994

Currency Exchange

2, Deryneia, 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 €160,000 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
€160,000 £131,824 £137,512 £5,688
Property Price € €160,000
Minimum cost in the last six months £131,824
Maximum cost in the last six months £137,512
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,688

2, Deryneia, 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 €160,000 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
€160,000 £131,824 £137,512 £5,688
Property Price € €160,000
Minimum cost in the last six months £131,824
Maximum cost in the last six months £137,512
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,688

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 £5,688 more.

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