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D-1942-A 3 Bedroom Villa for Sale in Chloraka
Chlorakas, Cyprus
REF: 917642
€980,000
Description
Located in one of the most exclusive and desirable areas of Chloraka, Paphos, a luxurious new hill-side development features this stunning three bedroom villa spanning across three floors and is ideally located within easy reach to a plethora of amenities. The ground floor is comprised of an open plan living/dining and kitchen area, as well as a modern guest w/c that seamlessly leads out to partially covered veranda that is perfect for alfresco dining, entertaining and relaxing all whilst enjoying spectacular sea views. Descending stairs lead down to the lavish master bedroom that offers an abundance of storage space and benefits from an inviting ensuite bathroom as well as a large veranda that makes for a perfect relaxation space under the Cyprus sun. A second lower ground floor/basement level features two well sized bedrooms and one modern family bathroom, with both bedrooms benefitting from access to a shared veranda that boasts exquisite sea views and offers ample relaxation space. The entire property is constructed and finished using finest and cutting edge materials that any discerning owner would expect from a property of this calibre. Plus the convenient location of this stunning villa means that it would make a great investment as a long-term rental, holiday let or permanent residence. Chlorakas is located 3 km north of Paphos town and borders the tourist area known as the Tomb of the Kings. It is also home to Akritas Chloraka, a Cypriot Second Division football team. There are many hotels, restaurants and bars in this village which runs along the coast road from Paphos Town to Coral Bay. Chlorakas location was put on the map in March 1998 when the cargo ship Demetrios II ran aground in heavy seas, the vessel is easily visible and has now become quite a focal point.
Located in one of the most exclusive and desirable areas of Chloraka, Paphos, a luxurious new hill-side development features this stunning three bedroom villa spanning across three floors and is ideally located within easy reach to a plethora of amenities. The ground floor is comprised of an open plan living/dining and kitchen area, as well as a modern guest w/c that seamlessly leads out to partially covered veranda that is perfect for alfresco dining, entertaining and relaxing all whilst enjoying spectacular sea views. Descending stairs lead down to the lavish master bedroom that offers an abundance of storage space and benefits from an inviting ensuite bathroom as well as a large veranda that makes for a perfect relaxation space under the Cyprus sun. A second lower ground floor/basement level features two well sized bedrooms and one modern family bathroom, with both bedrooms benefitting from access to a shared veranda that boasts exquisite sea views and offers ample relaxation space. The entire property is constructed and finished using finest and cutting edge materials that any discerning owner would expect from a property of this calibre. Plus the convenient location of this stunning villa means that it would make a great investment as a long-term rental, holiday let or permanent residence. Chlorakas is located 3 km north of Paphos town and borders the tourist area known as the Tomb of the Kings. It is also home to Akritas Chloraka, a Cypriot Second Division football team. There are many hotels, restaurants and bars in this village which runs along the coast road from Paphos Town to Coral Bay. Chlorakas location was put on the map in March 1998 when the cargo ship Demetrios II ran aground in heavy seas, the vessel is easily visible and has now become quite a focal point.
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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 €980,000 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 |
|---|---|---|---|
| €980,000 | £807,422 | £842,261 | £34,839 |
| Property Price € | €980,000 |
| Minimum cost in the last six months | £807,422 |
| Maximum cost in the last six months | £842,261 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,839 |
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 €980,000 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 |
|---|---|---|---|
| €980,000 | £807,422 | £842,261 | £34,839 |
| Property Price € | €980,000 |
| Minimum cost in the last six months | £807,422 |
| Maximum cost in the last six months | £842,261 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,839 |
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 £34,839 more.
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