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A stunning beachfront villa overlooking at the endless blue waters of Protaras, Famagusta
Protaras, Famagusta, Cyprus
REF: 926508
€1,825,000
Description
A stunning beachfront villa overlooking at the endless blue waters of Protaras, Famagusta. This outstanding two-storey property is situated at Fireman's beach area in Kapparis, Protaras, within the prestigious residential complex Poseidonia Beach Gardens and within walking distance to Kennedy avenue where all amenities and services are located, such as restaurants, bars, supermarkets, bakeries, pharmacies etc. The villa is situated at the frontline of the complex and is divided in two floors. The ground floor consists of an open plan living, dining and kitchen area with direct access to the pool & veranda area, a guest toilet, and a bedroom. The 1st floor consists of 4 bedrooms, of which two bedrooms are en-suite with a walk in wardrobe, the main bathroom , a kitchenette and a large balcony with breathtaking views of the sea. Furthermore externally there is a yard, a BBQ area, verandas, a registered covered parking space, a garden and a swimming pool. The property falls within Zone Τ2β1α, with a building coefficient of 40%, coverage of 20%, and permission for 3 floors (13.1m) of construction. There is a separate title deed for this property.
A stunning beachfront villa overlooking at the endless blue waters of Protaras, Famagusta. This outstanding two-storey property is situated at Fireman's beach area in Kapparis, Protaras, within the prestigious residential complex Poseidonia Beach Gardens and within walking distance to Kennedy avenue where all amenities and services are located, such as restaurants, bars, supermarkets, bakeries, pharmacies etc. The villa is situated at the frontline of the complex and is divided in two floors. The ground floor consists of an open plan living, dining and kitchen area with direct access to the pool & veranda area, a guest toilet, and a bedroom. The 1st floor consists of 4 bedrooms, of which two bedrooms are en-suite with a walk in wardrobe, the main bathroom , a kitchenette and a large balcony with breathtaking views of the sea. Furthermore externally there is a yard, a BBQ area, verandas, a registered covered parking space, a garden and a swimming pool. The property falls within Zone Τ2β1α, with a building coefficient of 40%, coverage of 20%, and permission for 3 floors (13.1m) of construction. There is a separate title deed for this property.
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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 €1,825,000 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 |
|---|---|---|---|
| €1,825,000 | £1,503,618 | £1,568,496 | £64,879 |
| Property Price € | €1,825,000 |
| Minimum cost in the last six months | £1,503,618 |
| Maximum cost in the last six months | £1,568,496 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £64,879 |
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 €1,825,000 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 |
|---|---|---|---|
| €1,825,000 | £1,503,618 | £1,568,496 | £64,879 |
| Property Price € | €1,825,000 |
| Minimum cost in the last six months | £1,503,618 |
| Maximum cost in the last six months | £1,568,496 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £64,879 |
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 £64,879 more.
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