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House, For Sale, Paphos, Chlorakas
Chlorakas, Cyprus
REF: 916155
€1,050,000
Description
A brand new project which has just been released with a new modern design. The location is 700m from the Chloraka sea in a peaceful and green suburban environment yet within the range of 3-minute drive to the mall and 7-minute drive to the city center, ideal both for a permanent home and as an investment as this area offers high rental yields and quality living. The property consists of four modern designed villas with open-plan layouts with 4 or 5 bedrooms and 3.5 or 4.5 respectively bathrooms. Worth mentioning is that the kitchen, living room, and dining area enjoy big sliding doors that connect them with outside while offering outside views . The villa features high quality specifications and finishes such as natural stone cladding, marble staircase, underfloor heating, quartz counters, glass railings and much more. Extras included -Roof garden terrace -Swimming pool, -Provision for Photovoltaic -Landscaping -Security Cameras -Alarm system Covered parking area
A brand new project which has just been released with a new modern design. The location is 700m from the Chloraka sea in a peaceful and green suburban environment yet within the range of 3-minute drive to the mall and 7-minute drive to the city center, ideal both for a permanent home and as an investment as this area offers high rental yields and quality living. The property consists of four modern designed villas with open-plan layouts with 4 or 5 bedrooms and 3.5 or 4.5 respectively bathrooms. Worth mentioning is that the kitchen, living room, and dining area enjoy big sliding doors that connect them with outside while offering outside views . The villa features high quality specifications and finishes such as natural stone cladding, marble staircase, underfloor heating, quartz counters, glass railings and much more. Extras included -Roof garden terrace -Swimming pool, -Provision for Photovoltaic -Landscaping -Security Cameras -Alarm system Covered parking area
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Currency Exchange
Chlorakas, 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 €1,050,000 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 |
|---|---|---|---|
| €1,050,000 | £865,095 | £902,423 | £37,328 |
| Property Price € | €1,050,000 |
| Minimum cost in the last six months | £865,095 |
| Maximum cost in the last six months | £902,423 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,328 |
Chlorakas, 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 €1,050,000 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 |
|---|---|---|---|
| €1,050,000 | £865,095 | £902,423 | £37,328 |
| Property Price € | €1,050,000 |
| Minimum cost in the last six months | £865,095 |
| Maximum cost in the last six months | £902,423 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,328 |
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 £37,328 more.
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