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House, For Sale, Paphos, Chlorakas
Chlorakas, Cyprus
REF: 933201
€420,000
Description
Chloraka Village, located just 3 kilometers west of Paphos, offers the perfect blend of coastal beauty and modern living. Lower Chloraka is especially popular for both permanent residences and short-term rentals, thanks to its mix of sea-front hotels, vibrant restaurants, lively bars, and a variety of leisure activities. Nestled at an average altitude of 70 meters above sea level, the village offers stunning panoramic views of the Mediterranean. With its combination of historical charm and modern infrastructure, Chloraka is a sought-after destination. It sits adjacent to the communities of Emba, Lemba, and Kissonerga, all of which contribute to the area's unique character. The village is home to picturesque beaches, along with a harmonious blend of old and new architecture, surrounded by breathtaking natural landscapes. This development in Chloraka consists of 11 two-storey homes offering 2- and 3-bedroom residences, each with 2-3 bathrooms. These homes also offer the option of private swimming pools, adding an extra touch of luxury to the serene environment. The architecture has been thoughtfully designed to integrate with the surrounding nature, offering spacious interiors and breathtaking views of Paphos and the Mediterranean Sea from every house. Conveniently located just 2 minutes from the village center, the development strikes the perfect balance between tranquility and accessibility. Whether you€™re looking for an investment opportunity or a private retreat, this property presents an exceptional choice for those looking to embrace a modern lifestyle while enjoying the natural beauty of Cyprus.
Chloraka Village, located just 3 kilometers west of Paphos, offers the perfect blend of coastal beauty and modern living. Lower Chloraka is especially popular for both permanent residences and short-term rentals, thanks to its mix of sea-front hotels, vibrant restaurants, lively bars, and a variety of leisure activities. Nestled at an average altitude of 70 meters above sea level, the village offers stunning panoramic views of the Mediterranean. With its combination of historical charm and modern infrastructure, Chloraka is a sought-after destination. It sits adjacent to the communities of Emba, Lemba, and Kissonerga, all of which contribute to the area's unique character. The village is home to picturesque beaches, along with a harmonious blend of old and new architecture, surrounded by breathtaking natural landscapes. This development in Chloraka consists of 11 two-storey homes offering 2- and 3-bedroom residences, each with 2-3 bathrooms. These homes also offer the option of private swimming pools, adding an extra touch of luxury to the serene environment. The architecture has been thoughtfully designed to integrate with the surrounding nature, offering spacious interiors and breathtaking views of Paphos and the Mediterranean Sea from every house. Conveniently located just 2 minutes from the village center, the development strikes the perfect balance between tranquility and accessibility. Whether you€™re looking for an investment opportunity or a private retreat, this property presents an exceptional choice for those looking to embrace a modern lifestyle while enjoying the natural beauty of Cyprus.
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Currency Exchange
Chlorakas, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £346,038 | £355,358 | £9,320 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £346,038 |
| Maximum cost in the last six months | £355,358 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,320 |
Chlorakas, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £346,038 | £355,358 | £9,320 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £346,038 |
| Maximum cost in the last six months | £355,358 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,320 |
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 £9,320 more.
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