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This spacious villa is set in a private and sought after location of Protaras, just 5 minutes' walk to the nearest beach and within easy reach of all of the resort amenities, and a short drive to cosmopolitan Ayia Napa! This bright villa, with plenty of natural light throughout, boasts an open plan
Protaras, Famagusta, Cyprus
REF: 926436
€590,000
Description
This spacious villa is set in a private and sought after location of Protaras, just 5 minutes' walk to the nearest beach and within easy reach of all of the resort amenities, and a short drive to cosmopolitan Ayia Napa! This bright villa, with plenty of natural light throughout, boasts an open plan fully equipped kitchen, living/dining room that leads directly onto the outside pool terrace. On the same floor, there is a double bedroom with direct access to the veranda with beautiful sea and mountain views. On the first floor, two spacious bedrooms with built-in wardrobes share a good sized of family bathroom. Both bedrooms enjoy amazing unobstructed sea views with access to a big terrace overlooking the openness of the area. The villa has a convenient basement with living area, a shower room and a separate double bedroom. The basement can be accessed either from the internal staircase or from the outside. Ideal for a maid's room or visiting friends and family. Leading outdoors is a spacious garden with plenty of seating areas, a barbecue, outdoor dining area, pool shower, sun loungers and large private pool overlooking the beautiful sea views. An ideal home for either permanent residence or holiday home, with high rental yield!
This spacious villa is set in a private and sought after location of Protaras, just 5 minutes' walk to the nearest beach and within easy reach of all of the resort amenities, and a short drive to cosmopolitan Ayia Napa! This bright villa, with plenty of natural light throughout, boasts an open plan fully equipped kitchen, living/dining room that leads directly onto the outside pool terrace. On the same floor, there is a double bedroom with direct access to the veranda with beautiful sea and mountain views. On the first floor, two spacious bedrooms with built-in wardrobes share a good sized of family bathroom. Both bedrooms enjoy amazing unobstructed sea views with access to a big terrace overlooking the openness of the area. The villa has a convenient basement with living area, a shower room and a separate double bedroom. The basement can be accessed either from the internal staircase or from the outside. Ideal for a maid's room or visiting friends and family. Leading outdoors is a spacious garden with plenty of seating areas, a barbecue, outdoor dining area, pool shower, sun loungers and large private pool overlooking the beautiful sea views. An ideal home for either permanent residence or holiday home, with high rental yield!
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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 €590,000 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 |
|---|---|---|---|
| €590,000 | £486,101 | £507,076 | £20,975 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £486,101 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,975 |
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 €590,000 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 |
|---|---|---|---|
| €590,000 | £486,101 | £507,076 | £20,975 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £486,101 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,975 |
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 £20,975 more.
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