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House, For Sale, Paphos, Pegeia
Pegeia, Cyprus
REF: 916161
€850,000
Description
An elegant 3-storey villa with 4 bedrooms and 4 bathrooms, designed as a classic-contemporary with multiple facets, with a big swimming pool and an enormous sized patio that can host a plethora of options. A major selling point of this property is that it€™s designed to maximize the beautiful sea views by raising the building to a total of 3-stories. The ground floor is used to host a bedroom and a bathroom, and the first floor is where you find all of your spacious open-plan living areas with access to verandas, along with an elegant U-shaped kitchen that includes a pantry, and finally a bedroom and a bathroom. Moving on to the second floor, you find the remaining two bedrooms that have en-suite bathrooms and both enjoy access to verandas overlooking the sea of Coral Bay. It is worth mentioning that one of the verandas is very spacious, able to host dinner parties or lounge furniture as it is accessible for everyone. The villas feature high-quality specifications and finishes such as exterior natural stone cladding, marble staircases, underfloor-heating, quartz kitchen counters, glass railings and much more.
An elegant 3-storey villa with 4 bedrooms and 4 bathrooms, designed as a classic-contemporary with multiple facets, with a big swimming pool and an enormous sized patio that can host a plethora of options. A major selling point of this property is that it€™s designed to maximize the beautiful sea views by raising the building to a total of 3-stories. The ground floor is used to host a bedroom and a bathroom, and the first floor is where you find all of your spacious open-plan living areas with access to verandas, along with an elegant U-shaped kitchen that includes a pantry, and finally a bedroom and a bathroom. Moving on to the second floor, you find the remaining two bedrooms that have en-suite bathrooms and both enjoy access to verandas overlooking the sea of Coral Bay. It is worth mentioning that one of the verandas is very spacious, able to host dinner parties or lounge furniture as it is accessible for everyone. The villas feature high-quality specifications and finishes such as exterior natural stone cladding, marble staircases, underfloor-heating, quartz kitchen counters, glass railings and much more.
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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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £730,533 | £30,218 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,218 |
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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £730,533 | £30,218 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,218 |
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 £30,218 more.
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