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This modern 3 bedroom villa enjoys a prime coastal location in the heart of Protaras
Protaras, Famagusta, Cyprus
REF: 926560
€575,000
Description
This modern 3 bedroom villa enjoys a prime coastal location in the heart of Protaras. With 3 bedrooms, private swimming pool and a sea view roof terrace. The property spans 3 levels, with the ground floor consisting of open plan living and dining room, an offset kitchen which includes, a guest bedroom with en-suite bathroom and a guest WC. The first floor has two bedrooms, both with en-suite facilities. Leading up to the roof terrace, this is the perfect spot for lounging in the sun or enjoying a glass of wine in the evening breeze whilst soaking up the stunning views. The property s desirable location is close walking distance to the centre of Protaras resort with its beautiful sandy beaches, fine dining restaurants, bars, cafes, shops, supermarkets and a variety of entertainment for all ages. A short walk will take you to the seafront promenade which connects Protaras to neighboring Pernera and provides a unique view of the rugged coastline, and also provides easy access to numerous tavernas, cafes and bars dotted along the seafront. Due to the prime central location, this property is ideal as a holiday or permanent home and offers excellent rental potential.
This modern 3 bedroom villa enjoys a prime coastal location in the heart of Protaras. With 3 bedrooms, private swimming pool and a sea view roof terrace. The property spans 3 levels, with the ground floor consisting of open plan living and dining room, an offset kitchen which includes, a guest bedroom with en-suite bathroom and a guest WC. The first floor has two bedrooms, both with en-suite facilities. Leading up to the roof terrace, this is the perfect spot for lounging in the sun or enjoying a glass of wine in the evening breeze whilst soaking up the stunning views. The property s desirable location is close walking distance to the centre of Protaras resort with its beautiful sandy beaches, fine dining restaurants, bars, cafes, shops, supermarkets and a variety of entertainment for all ages. A short walk will take you to the seafront promenade which connects Protaras to neighboring Pernera and provides a unique view of the rugged coastline, and also provides easy access to numerous tavernas, cafes and bars dotted along the seafront. Due to the prime central location, this property is ideal as a holiday or permanent home and offers excellent rental potential.
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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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