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A New Build 3 Bedroom Link-Detached Villa in a superb location of Central Protaras
Protaras, Famagusta, Cyprus
REF: 926358
€591,000
Description
A New Build 3 Bedroom Link-Detached Villa in a superb location of Central Protaras. Set on a new and exclusive gated development, the location is just a few hundred meters from Protaras' beautiful coastline, the best sandy beaches of the island, and the scenic seafront promenade with it cafes and restaurants, the walkway extends all the way to the famous Blue Flag beach of Fig Tree Bay. The complex consists of just 17 link-detached luxury villas built with the highest quality specifications combined with a contemporary style, the design and layout of the villas is second to none. Each villa will feature spacious open plan living areas, a private swimming pool, private parking, 3 bedrooms, master bedroom with en-suite and a guest WC. The location offers excellent access to all the amenities, less than 10 minutes' walk will take you to the main resort centre with its array of restaurants, bars, shops and supermarkets. Ideal for permanent residence or as a holiday home which offers excellent rental potential. Completion: June 2025 Photos of the Showhouse are displayed.
A New Build 3 Bedroom Link-Detached Villa in a superb location of Central Protaras. Set on a new and exclusive gated development, the location is just a few hundred meters from Protaras' beautiful coastline, the best sandy beaches of the island, and the scenic seafront promenade with it cafes and restaurants, the walkway extends all the way to the famous Blue Flag beach of Fig Tree Bay. The complex consists of just 17 link-detached luxury villas built with the highest quality specifications combined with a contemporary style, the design and layout of the villas is second to none. Each villa will feature spacious open plan living areas, a private swimming pool, private parking, 3 bedrooms, master bedroom with en-suite and a guest WC. The location offers excellent access to all the amenities, less than 10 minutes' walk will take you to the main resort centre with its array of restaurants, bars, shops and supermarkets. Ideal for permanent residence or as a holiday home which offers excellent rental potential. Completion: June 2025 Photos of the Showhouse are displayed.
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Currency Exchange
Protaras, 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 €591,000 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 |
|---|---|---|---|
| €591,000 | £486,925 | £507,935 | £21,010 |
| Property Price € | €591,000 |
| Minimum cost in the last six months | £486,925 |
| Maximum cost in the last six months | £507,935 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,010 |
Protaras, 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 €591,000 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 |
|---|---|---|---|
| €591,000 | £486,925 | £507,935 | £21,010 |
| Property Price € | €591,000 |
| Minimum cost in the last six months | £486,925 |
| Maximum cost in the last six months | £507,935 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,010 |
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 £21,010 more.
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