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PRICE ON REQUEST This stunning bungalow is located in the most prestigious neighborhood of central Protaras!! Nestled in a tranquil hillside area, the property offers the highest standard of luxury and comfort with an emphasis on stunning gardens that blend naturally with the living space and the
Protaras, Famagusta, Cyprus
REF: 926393
€879,000
Description
PRICE ON REQUEST This stunning bungalow is located in the most prestigious neighborhood of central Protaras!! Nestled in a tranquil hillside area, the property offers the highest standard of luxury and comfort with an emphasis on stunning gardens that blend naturally with the living space and the lush and natural surroundings of the area. The location is slightly elevated and offers amazing views of the nature reserve hilly areas. With the option of a roof garden, even more stunning panoramic views of the area and the azure waters of the Mediterranean can be enjoyed. Situated on a spacious plot of 1,750 square meters this property offers breathtaking views of the surrounding landscape and the Mediterranean Sea. This property boasts a covered area of 145 square meters and features modern amenities and stylish finishes throughout. The open plan living area is bright and airy with large windows that flood the space with natural light. The fully equipped kitchen is perfect for preparing meals for family and friends while the dining area provides ample seating for entertaining. The bedrooms are spacious and comfortable with plenty of storage space and en-suite bathrooms. Outside, the expansive terrace is perfect for enjoying al fresco dining or soaking up the sun by the private pool, it also features a barbecue area and traditional cypriot clay oven. The lush garden is beautifully landscaped with mature trees and plants. This property also benefits from private parking and an excellent location, just a short distance from local amenities such as shops, fine dining restaurants, bars, and beautiful Blue Flag beaches. With its prime location and luxurious features this property would make an ideal permanent residence or holiday home in the Cosmopolitan Coastal Area of Protaras!!
PRICE ON REQUEST This stunning bungalow is located in the most prestigious neighborhood of central Protaras!! Nestled in a tranquil hillside area, the property offers the highest standard of luxury and comfort with an emphasis on stunning gardens that blend naturally with the living space and the lush and natural surroundings of the area. The location is slightly elevated and offers amazing views of the nature reserve hilly areas. With the option of a roof garden, even more stunning panoramic views of the area and the azure waters of the Mediterranean can be enjoyed. Situated on a spacious plot of 1,750 square meters this property offers breathtaking views of the surrounding landscape and the Mediterranean Sea. This property boasts a covered area of 145 square meters and features modern amenities and stylish finishes throughout. The open plan living area is bright and airy with large windows that flood the space with natural light. The fully equipped kitchen is perfect for preparing meals for family and friends while the dining area provides ample seating for entertaining. The bedrooms are spacious and comfortable with plenty of storage space and en-suite bathrooms. Outside, the expansive terrace is perfect for enjoying al fresco dining or soaking up the sun by the private pool, it also features a barbecue area and traditional cypriot clay oven. The lush garden is beautifully landscaped with mature trees and plants. This property also benefits from private parking and an excellent location, just a short distance from local amenities such as shops, fine dining restaurants, bars, and beautiful Blue Flag beaches. With its prime location and luxurious features this property would make an ideal permanent residence or holiday home in the Cosmopolitan Coastal Area of Protaras!!
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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 €879,000 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 |
|---|---|---|---|
| €879,000 | £724,208 | £755,457 | £31,248 |
| Property Price € | €879,000 |
| Minimum cost in the last six months | £724,208 |
| Maximum cost in the last six months | £755,457 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,248 |
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 €879,000 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 |
|---|---|---|---|
| €879,000 | £724,208 | £755,457 | £31,248 |
| Property Price € | €879,000 |
| Minimum cost in the last six months | £724,208 |
| Maximum cost in the last six months | £755,457 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,248 |
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 £31,248 more.
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