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WT-0003-5S 5 Bedroom Villa for Sale in Peyia
Pegeia, Cyprus
REF: 930038
€595,000
Description
Nestled in the picturesque village of Peyia, this elevated 5-bedroom villa enjoys a prime corner position on a quiet cul-de-sac, bordering a green area. With sweeping views over the village and towards Paphos, this property offers an exceptional opportunity for those looking to create a personalized dream home or an investment project with significant potential. Layout and Features Main Level (Entrance Level): Enter into a bright and spacious lounge and dining area, where panoramic vistas can be enjoyed from the verandas. A kitchen and W/C on this level require updating, providing the chance to design a modern, functional space. Three bedrooms: The master bedroom boasts an en-suite bathroom and stunning sea views. Two additional guest bedrooms share a bathroom. Roof Garden: Ascend the staircase to discover a generously sized roof garden, complete with BBQ facilities and electricity points. The elevated position offers breathtaking views, making this space perfect for outdoor entertaining. Ground Floor: This level includes: A second kitchen area, also in need of replacement. Two additional bedrooms. A shared bathroom and an extra W/C. From here, step out into the expansive garden a blank canvas ready to be transformed into a relaxing oasis for entertaining or enjoying the Cypriot lifestyle. Renovation Highlights The property has undergone partial refurbishments, including dropped ceilings and new wiring. However, there is still significant scope for improvements, allowing the buyer to add their own style and value to the home. Potential For homeowners, this villa is a rare chance to design a bespoke residence tailored to your tastes and lifestyle. For investors, the location, size, and layout present an excellent opportunity to renovate and profit. Additional Details The owner is open to negotiations. Viewings are highly recommended to fully appreciate the property and its potential. Seize this opportunity to craft a unique home in a sought-after location!
Nestled in the picturesque village of Peyia, this elevated 5-bedroom villa enjoys a prime corner position on a quiet cul-de-sac, bordering a green area. With sweeping views over the village and towards Paphos, this property offers an exceptional opportunity for those looking to create a personalized dream home or an investment project with significant potential. Layout and Features Main Level (Entrance Level): Enter into a bright and spacious lounge and dining area, where panoramic vistas can be enjoyed from the verandas. A kitchen and W/C on this level require updating, providing the chance to design a modern, functional space. Three bedrooms: The master bedroom boasts an en-suite bathroom and stunning sea views. Two additional guest bedrooms share a bathroom. Roof Garden: Ascend the staircase to discover a generously sized roof garden, complete with BBQ facilities and electricity points. The elevated position offers breathtaking views, making this space perfect for outdoor entertaining. Ground Floor: This level includes: A second kitchen area, also in need of replacement. Two additional bedrooms. A shared bathroom and an extra W/C. From here, step out into the expansive garden a blank canvas ready to be transformed into a relaxing oasis for entertaining or enjoying the Cypriot lifestyle. Renovation Highlights The property has undergone partial refurbishments, including dropped ceilings and new wiring. However, there is still significant scope for improvements, allowing the buyer to add their own style and value to the home. Potential For homeowners, this villa is a rare chance to design a bespoke residence tailored to your tastes and lifestyle. For investors, the location, size, and layout present an excellent opportunity to renovate and profit. Additional Details The owner is open to negotiations. Viewings are highly recommended to fully appreciate the property and its potential. Seize this opportunity to craft a unique home in a sought-after location!
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Currency Exchange
Pegeia, 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 €595,000 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 |
|---|---|---|---|
| €595,000 | £490,221 | £504,620 | £14,399 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £490,221 |
| Maximum cost in the last six months | £504,620 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,399 |
Pegeia, 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 €595,000 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 |
|---|---|---|---|
| €595,000 | £490,221 | £504,620 | £14,399 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £490,221 |
| Maximum cost in the last six months | £504,620 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,399 |
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 £14,399 more.
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