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This beautiful villa is situated in a private and highly desirable coastal area of Protaras, just a 5-minute walk to the nearest beach and conveniently close to all the amenities of the popular Protaras resort and some of the best beaches on the island
Protaras, Famagusta, Cyprus
REF: 926502
€575,000
Description
This beautiful villa is situated in a private and highly desirable coastal area of Protaras, just a 5-minute walk to the nearest beach and conveniently close to all the amenities of the popular Protaras resort and some of the best beaches on the island. This bright villa, with plenty of natural light throughout, boasts an open plan fully equipped kitchen, living/dining area that leads directly out to the lovely pool terrace. Down the hall are 3 comfortable bedrooms with fitted wardrobes. The master bedroom hosts and ensuite while the other two bedrooms share the family bathroom. The villa has a spacious basement with living area and a separate double bedroom with ensuite shower room. The basement is accessible either from the internal staircase or the private outdoor entrance. The garden boasts an inviting private pool, and plenty of relaxation areas for sunbathing and outdoor dining by the barbecue area, this is the perfect place to make the most of the Mediterranean outdoor lifestyle. A stunning home for either permanent residence or holiday retreat, with high rental yield!
This beautiful villa is situated in a private and highly desirable coastal area of Protaras, just a 5-minute walk to the nearest beach and conveniently close to all the amenities of the popular Protaras resort and some of the best beaches on the island. This bright villa, with plenty of natural light throughout, boasts an open plan fully equipped kitchen, living/dining area that leads directly out to the lovely pool terrace. Down the hall are 3 comfortable bedrooms with fitted wardrobes. The master bedroom hosts and ensuite while the other two bedrooms share the family bathroom. The villa has a spacious basement with living area and a separate double bedroom with ensuite shower room. The basement is accessible either from the internal staircase or the private outdoor entrance. The garden boasts an inviting private pool, and plenty of relaxation areas for sunbathing and outdoor dining by the barbecue area, this is the perfect place to make the most of the Mediterranean outdoor lifestyle. A stunning home for either permanent residence or holiday retreat, 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 €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 |
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 €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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