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3 Bedroom Detached Bungalow in Frenaros Village
Frenaros, Famagusta, Cyprus
REF: 926365
€250,000
Description
3 Bedroom Detached Bungalow in Frenaros Village. The project will consist of Nine 3 Bedroom Villas, Four 3 Bedroom Bungalows and Two 2 bedroom Bungalows. Each Villa will include 2 bathrooms (1 En-suite), covered verandas and covered parking. Each Bungalow will have 1 bathroom with the option of an En-suite. The joy of off plan is you can design the Villa/Bungalow according to your needs and you will be able to choose your own finishes of which all choices are to a high specification. The local village amenities are just a short walk away, including supermarkets, restaurants, banks and schools. Also very popular for its incredible taverns, where you can enjoy all types of cuisine in a very relaxed environment. Just a 10 minute drive will take you to the golden sandy beaches and the new Marina located in the Ayia Thekla area, and the famous resort of Ayia Napa. Ideal for those who are looking to live the Countryside lifestyle in the Sun!
3 Bedroom Detached Bungalow in Frenaros Village. The project will consist of Nine 3 Bedroom Villas, Four 3 Bedroom Bungalows and Two 2 bedroom Bungalows. Each Villa will include 2 bathrooms (1 En-suite), covered verandas and covered parking. Each Bungalow will have 1 bathroom with the option of an En-suite. The joy of off plan is you can design the Villa/Bungalow according to your needs and you will be able to choose your own finishes of which all choices are to a high specification. The local village amenities are just a short walk away, including supermarkets, restaurants, banks and schools. Also very popular for its incredible taverns, where you can enjoy all types of cuisine in a very relaxed environment. Just a 10 minute drive will take you to the golden sandy beaches and the new Marina located in the Ayia Thekla area, and the famous resort of Ayia Napa. Ideal for those who are looking to live the Countryside lifestyle in the Sun!
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Currency Exchange
Frenaros, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £205,975 | £214,863 | £8,888 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £205,975 |
| Maximum cost in the last six months | £214,863 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,888 |
Frenaros, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £205,975 | £214,863 | £8,888 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £205,975 |
| Maximum cost in the last six months | £214,863 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,888 |
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 £8,888 more.
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