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This 5 bedroom villa is situated in the sought after area of Kokkines, Ayia Napa
Ayia Napa, Famagusta, Cyprus
REF: 926305
€750,000
Description
This 5 bedroom villa is situated in the sought after area of Kokkines, Ayia Napa. Stepping inside this spacious property you are pleasantly greeted by the open plan reception with a feature staircase, the lounge has a marble fireplace for the cosy winter nights and patio doors leading to the front terrace which is elevated with steps going down to the garden. The separate kitchen has a superb breakfast bar, an abundance of worktops and cupboard space plus a storage room. Upstairs are 5 spacious bedrooms and a family bathroom. The master bedroom has an en suite and access to the arched veranda which has fantastic views of both the countryside, Ayia Napa town and most of all the mediteranean. There is also an adjoining annex with a further 2 bedrooms, large lounge, kitchen and dining area, ideal for family to live permanently or to use for their holidays. With sweeping driveway, ample parking and outdoor space for entertaining. This is an exceptional property with a share of land that must be seen to be appreciated!!
This 5 bedroom villa is situated in the sought after area of Kokkines, Ayia Napa. Stepping inside this spacious property you are pleasantly greeted by the open plan reception with a feature staircase, the lounge has a marble fireplace for the cosy winter nights and patio doors leading to the front terrace which is elevated with steps going down to the garden. The separate kitchen has a superb breakfast bar, an abundance of worktops and cupboard space plus a storage room. Upstairs are 5 spacious bedrooms and a family bathroom. The master bedroom has an en suite and access to the arched veranda which has fantastic views of both the countryside, Ayia Napa town and most of all the mediteranean. There is also an adjoining annex with a further 2 bedrooms, large lounge, kitchen and dining area, ideal for family to live permanently or to use for their holidays. With sweeping driveway, ample parking and outdoor space for entertaining. This is an exceptional property with a share of land that must be seen to be appreciated!!
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Currency Exchange
Ayia Napa, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £617,925 | £644,588 | £26,663 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £617,925 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,663 |
Ayia Napa, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £617,925 | £644,588 | £26,663 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £617,925 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,663 |
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 £26,663 more.
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