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Apartment, For Sale, Paphos, Chlorakas
Chlorakas, Cyprus
REF: 925468
€180,000
Description
For sale is a bright renovated apartment in the sought-after area of Chlorakas. This inviting property offers a generous internal space of 81 m2, featuring two well-sized bedrooms and a stylish bathroom. Located on the first floor, this apartment boasts a west-facing orientation that allows views of the city, particularly during sunset. Chlorakas is known for its charming atmosphere, combining beautiful coastal scenery with local shops, restaurants, and recreational areas. Situated just a short drive from the waterfront, you can enjoy the serene beaches and vibrant marine life. The area is well connected to nearby amenities, making it an ideal destination for those seeking a balance of relaxation and convenience. Built in 1997 and fully renovated in 2024, this apartment is designed for modern living while offering partial furnishings for ease of transition. Whether you are looking for a new home or a smart investment opportunity, this property truly stands out.
For sale is a bright renovated apartment in the sought-after area of Chlorakas. This inviting property offers a generous internal space of 81 m2, featuring two well-sized bedrooms and a stylish bathroom. Located on the first floor, this apartment boasts a west-facing orientation that allows views of the city, particularly during sunset. Chlorakas is known for its charming atmosphere, combining beautiful coastal scenery with local shops, restaurants, and recreational areas. Situated just a short drive from the waterfront, you can enjoy the serene beaches and vibrant marine life. The area is well connected to nearby amenities, making it an ideal destination for those seeking a balance of relaxation and convenience. Built in 1997 and fully renovated in 2024, this apartment is designed for modern living while offering partial furnishings for ease of transition. Whether you are looking for a new home or a smart investment opportunity, this property truly stands out.
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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 €180,000 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 |
|---|---|---|---|
| €180,000 | £148,302 | £152,658 | £4,356 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £148,302 |
| Maximum cost in the last six months | £152,658 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,356 |
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 €180,000 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 |
|---|---|---|---|
| €180,000 | £148,302 | £152,658 | £4,356 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £148,302 |
| Maximum cost in the last six months | £152,658 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,356 |
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 £4,356 more.
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