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A stunning 5 bedroom detached villa situated in a peaceful residential area of Paralimni
Paralimni, Famagusta, Cyprus
REF: 926292
€550,000
Description
A stunning 5 bedroom detached villa situated in a peaceful residential area of Paralimni. This impressive villa, set on a large corner plot, is characterized by the extensive grounds of the property which are bordered by mature lush plants and trees offering plenty of privacy. With a private swimming pool, BBQ area, a lovely wooden pergola covered seating and dining area, and even a quaint little chapel, this is the perfect place for enjoying the outdoor Mediterranean lifestyle. Upon entering the villa you get a feeling of sheer luxury, from the glittering chandeliers to the exquisite classic furniture, fittings and decorations. The ground floor comprises a spacious double lounge area with the dining area set off to the side, sliding doors lead through to the separate fully fitted kitchen. Leading from the kitchen is a cosy sun lounge with feature fireplace for the cold winter nights. The ground floor completes with a guest WC. The first floor has four good sized bedrooms and a family bathroom. The master bedroom hosts an en-suite and one of the bedrooms is currently being used as an office. The fifth bedroom is an attic bedroom. The balcony to the rear of the house overlooks the pool and offers spectacular sea views. The villa is ideally located in Paralimni with all the amenities of the main town close including shops, schools, supermarkets, banks, tavernas, coffee shops and more. A short drive will take you to the popular tourist resorts of Protaras and Ayia Napa and the golden sandy beaches. This is a superb family home ideal for permanent residence or even as a holiday home.
A stunning 5 bedroom detached villa situated in a peaceful residential area of Paralimni. This impressive villa, set on a large corner plot, is characterized by the extensive grounds of the property which are bordered by mature lush plants and trees offering plenty of privacy. With a private swimming pool, BBQ area, a lovely wooden pergola covered seating and dining area, and even a quaint little chapel, this is the perfect place for enjoying the outdoor Mediterranean lifestyle. Upon entering the villa you get a feeling of sheer luxury, from the glittering chandeliers to the exquisite classic furniture, fittings and decorations. The ground floor comprises a spacious double lounge area with the dining area set off to the side, sliding doors lead through to the separate fully fitted kitchen. Leading from the kitchen is a cosy sun lounge with feature fireplace for the cold winter nights. The ground floor completes with a guest WC. The first floor has four good sized bedrooms and a family bathroom. The master bedroom hosts an en-suite and one of the bedrooms is currently being used as an office. The fifth bedroom is an attic bedroom. The balcony to the rear of the house overlooks the pool and offers spectacular sea views. The villa is ideally located in Paralimni with all the amenities of the main town close including shops, schools, supermarkets, banks, tavernas, coffee shops and more. A short drive will take you to the popular tourist resorts of Protaras and Ayia Napa and the golden sandy beaches. This is a superb family home ideal for permanent residence or even as a holiday home.
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Currency Exchange
Paralimni, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £472,698 | £19,553 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,553 |
Paralimni, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £472,698 | £19,553 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,553 |
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 £19,553 more.
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