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Recently Reduced from 1,700,000!!! A beautiful five bedroom family home situated in a prestigious area of Kokkines, just a few minutes' drive to the tourist resort of Ayia Napa and sandy beaches
Kokkines, Famagusta, Cyprus
REF: 926265
€1,450,000
Description
Recently Reduced from 1,700,000!!! A beautiful five bedroom family home situated in a prestigious area of Kokkines, just a few minutes' drive to the tourist resort of Ayia Napa and sandy beaches. As you pull up outside this amazing home you are greeted by an inviting entrance to a fabulous property. Accessing double doors you are welcomed by a spacious lounge area which then continues through to a separate spacious kitchen and family dining area. There is a real feel of warmth and coziness about this house, each and every area is very family orientated. Adjacent to the kitchen is a utility room and an additional room which could serve as a 6th bedroom or office. This room leads out to a sizable wooden gazebo, a great place for entertaining year-round. The front and rear gardens boast lush green landscaping. The back garden has a barbeque area with ample space for an optional private swimming (included in the price). The back yard connects to an extra 500 m plot of government land which is currently being utilized for olive and fruit trees. Upstairs, five generously sized bedrooms await, including a master bedroom with an en-suite jacuzzi shower and walk-in closet. A private balcony offers pleasant views of the surroundings and the sea. The family bathroom is equipped with high-quality fixtures, including a corner jacuzzi bath and vanity units, while a guest WC is conveniently located on the ground floor. Additional features of the house include central heating (diesel), air-conditioning, photovoltaic panels, a pressurized water system, a private water well, irrigation system, and an attic with pull-down stair access. The building density has recently been increased to 60%, therefore offering the option to extend the house for even more living space! This splendid family home provides privacy and tranquility in a quiet residential area, yet remains close to the vibrant Ayia Napa resort and its acclaimed beaches, making it an ideal retreat for families. Viewing is recommended to fully appreciate its charm and practicality.
Recently Reduced from 1,700,000!!! A beautiful five bedroom family home situated in a prestigious area of Kokkines, just a few minutes' drive to the tourist resort of Ayia Napa and sandy beaches. As you pull up outside this amazing home you are greeted by an inviting entrance to a fabulous property. Accessing double doors you are welcomed by a spacious lounge area which then continues through to a separate spacious kitchen and family dining area. There is a real feel of warmth and coziness about this house, each and every area is very family orientated. Adjacent to the kitchen is a utility room and an additional room which could serve as a 6th bedroom or office. This room leads out to a sizable wooden gazebo, a great place for entertaining year-round. The front and rear gardens boast lush green landscaping. The back garden has a barbeque area with ample space for an optional private swimming (included in the price). The back yard connects to an extra 500 m plot of government land which is currently being utilized for olive and fruit trees. Upstairs, five generously sized bedrooms await, including a master bedroom with an en-suite jacuzzi shower and walk-in closet. A private balcony offers pleasant views of the surroundings and the sea. The family bathroom is equipped with high-quality fixtures, including a corner jacuzzi bath and vanity units, while a guest WC is conveniently located on the ground floor. Additional features of the house include central heating (diesel), air-conditioning, photovoltaic panels, a pressurized water system, a private water well, irrigation system, and an attic with pull-down stair access. The building density has recently been increased to 60%, therefore offering the option to extend the house for even more living space! This splendid family home provides privacy and tranquility in a quiet residential area, yet remains close to the vibrant Ayia Napa resort and its acclaimed beaches, making it an ideal retreat for families. Viewing is recommended to fully appreciate its charm and practicality.
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Currency Exchange
Kokkines, 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 €1,450,000 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 |
|---|---|---|---|
| €1,450,000 | £1,194,655 | £1,246,203 | £51,548 |
| Property Price € | €1,450,000 |
| Minimum cost in the last six months | £1,194,655 |
| Maximum cost in the last six months | £1,246,203 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £51,548 |
Kokkines, 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 €1,450,000 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 |
|---|---|---|---|
| €1,450,000 | £1,194,655 | £1,246,203 | £51,548 |
| Property Price € | €1,450,000 |
| Minimum cost in the last six months | £1,194,655 |
| Maximum cost in the last six months | £1,246,203 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £51,548 |
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 £51,548 more.
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