This stunning 5-bedroom residence offers breathtaking panoramic sea views in the prestigious and highly coveted neighborhood of Kokkinos Kremos, Paralimni

Paralimni, Famagusta, Cyprus

For Sale

€750,000

REF: 926537 €750,000


5

4


355 m2

1200 m2

Description

This stunning 5-bedroom residence offers breathtaking panoramic sea views in the prestigious and highly coveted neighborhood of Kokkinos Kremos, Paralimni. The property features a 3-bedroom villa, a self-contained guesthouse, and a separate basement apartment. The contemporary design and generous layout make this property perfect for families and hosting gatherings.

The stylish living room with double-height ceiling includes wall-to-wall patio doors that open to the rear. The separate modern kitchen is beautifully designed with sleek grey gloss cabinetry and granite countertops together with the dining area and a cozy sitting nook. Two sets of patio doors offer uninterrupted vistas of the Mediterranean and there is also direct access out to the pool and sun deck.

The upper floor has three large bedrooms, the master bedroom hosts an ensuite bathroom and a private balcony with sea and pool views. A luxurious family bathroom comes with a separate shower, corner jacuzzi, and double sinks. In addition to the main residence, there are two separate 1-bedroom guest suites.

Each has its own living area, kitchen and bathroom. The basement apartment is accessed via an external staircase and the underground garage, while the ground-floor apartment has a private ground floor entrance and veranda. The outdoor areas are equally impressive, with a large 6m x 10m infinity pool, built-in seating, sun terrace, and a spacious outdoor kitchen.

This is the ideal place for enjoy outdoor living during the hot summer months, it's perfect for enteraining, lazing by the pool or enjoying a breezy evening whilst watching the stunning sunsets. The rear garden includes ample parking and a natural rock garden. The underground garage accommodates three vehicles and serves as a workshop.

Situated in a quiet residential area, just 2.5 km from Paralimni s amenities and a short drive to the centre of Ayia Napa and sandy beaches, this home is the ultimate dream property. With Land Title Deed
This stunning 5-bedroom residence offers breathtaking panoramic sea views in the prestigious and highly coveted neighborhood of Kokkinos Kremos, Paralimni. The property features a 3-bedroom villa, a self-contained guesthouse, and a separate basement apartment. The contemporary design and generous layout make this property perfect for families and hosting gatherings.

The stylish living room with double-height ceiling includes wall-to-wall patio doors that open to the rear. The separate modern kitchen is beautifully designed with sleek grey gloss cabinetry and granite countertops together with the dining area and a cozy sitting nook. Two sets of patio doors offer uninterrupted vistas of the Mediterranean and there is also direct access out to the pool and sun deck.

The upper floor has three large bedrooms, the master bedroom hosts an ensuite bathroom and a private balcony with sea and pool views. A luxurious family bathroom comes with a separate shower, corner jacuzzi, and double sinks. In addition to the main residence, there are two separate 1-bedroom guest suites.

Each has its own living area, kitchen and bathroom. The basement apartment is accessed via an external staircase and the underground garage, while the ground-floor apartment has a private ground floor entrance and veranda. The outdoor areas are equally impressive, with a large 6m x 10m infinity pool, built-in seating, sun terrace, and a spacious outdoor kitchen.

This is the ideal place for enjoy outdoor living during the hot summer months, it's perfect for enteraining, lazing by the pool or enjoying a breezy evening whilst watching the stunning sunsets. The rear garden includes ample parking and a natural rock garden. The underground garage accommodates three vehicles and serves as a workshop.

Situated in a quiet residential area, just 2.5 km from Paralimni s amenities and a short drive to the centre of Ayia Napa and sandy beaches, this home is the ultimate dream property. With Land Title Deed
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Property on Map

#17281

Currency Exchange

Paralimni, 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 €750,000 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
€750,000 £617,925 £644,588 £26,663
Property Price € €750,000
Minimum cost in the last six months £617,925
Maximum cost in the last six months £644,588
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,663

Paralimni, 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 €750,000 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
€750,000 £617,925 £644,588 £26,663
Property Price € €750,000
Minimum cost in the last six months £617,925
Maximum cost in the last six months £644,588
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,663

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 £26,663 more.

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