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A very spacious 4 bedroom detached villa located in Paralimni, within a few minutes' drive from the town center, close to all the shops, restaurants, supermarkets, banks and schools
Paralimni, Famagusta, Cyprus
REF: 926329
€575,000
Description
A very spacious 4 bedroom detached villa located in Paralimni, within a few minutes' drive from the town center, close to all the shops, restaurants, supermarkets, banks and schools. The property is situated in a quiet residential area, set on a large plot with a beautifully arranged lush garden. At the back of the house is a large covered veranda, ideal for enjoying outside relaxation and dining. Entering the property is a reception area with guest WC, a large open open plan living room with feature fireplace and a dining area which looks out towards the greenery of the back garden. There is an additional dining area adjacent to the kitchen which is complete with breakfast bar and ample cupboard space. The ground floor completes with a utility room and storage room. Leading upstairs is a hall which is being used for office space. There are 4 large bedrooms and a family bathroom, the master bedroom hosts an en-suite. The location is just 5 minutes' drive to the cosmopolitan tourist resort of Protaras and the beautiful sandy beaches. Title Deeds Available for Share of Land.
A very spacious 4 bedroom detached villa located in Paralimni, within a few minutes' drive from the town center, close to all the shops, restaurants, supermarkets, banks and schools. The property is situated in a quiet residential area, set on a large plot with a beautifully arranged lush garden. At the back of the house is a large covered veranda, ideal for enjoying outside relaxation and dining. Entering the property is a reception area with guest WC, a large open open plan living room with feature fireplace and a dining area which looks out towards the greenery of the back garden. There is an additional dining area adjacent to the kitchen which is complete with breakfast bar and ample cupboard space. The ground floor completes with a utility room and storage room. Leading upstairs is a hall which is being used for office space. There are 4 large bedrooms and a family bathroom, the master bedroom hosts an en-suite. The location is just 5 minutes' drive to the cosmopolitan tourist resort of Protaras and the beautiful sandy beaches. Title Deeds Available for Share of Land.
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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 €575,000 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 |
|---|---|---|---|
| €575,000 | £473,743 | £494,184 | £20,441 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £473,743 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,441 |
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 €575,000 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 |
|---|---|---|---|
| €575,000 | £473,743 | £494,184 | £20,441 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £473,743 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,441 |
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 £20,441 more.
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