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1 Bedroom Apartment with a Basement in Chloraka This lovely apartment is located in a quiet location on the edge of Chloraka village which is about a 5 minute drive to the beach and walking distance to the bus routes
Chloraka, Paphos, Cyprus
REF: 934766
€152,000
Description
1 Bedroom Apartment with a Basement in Chloraka This lovely apartment is located in a quiet location on the edge of Chloraka village which is about a 5 minute drive to the beach and walking distance to the bus routes. Chloraka has tavernas, bars, shops and an Amphitheater celebrating Traditional festivals. Enter the property and you are met with a spacious open kitchen, dining and lounge area that leads on a balcony. Here you can enjoy the relaxing atmosphere Chloraka has to offer and the beautiful sea and mountain views. The double bedroom shares a modern family bathroom. The special feature of the property is that there is a spacious basement on the ground floor which could be converted into a studio apartment or used as a office area. Plus there is designated parking located in front of the storage room/basement. With being in close proximity to all amenities, this is an ideal investment opportunity or perfect for a 'lock up and go' holiday home. Features, air conditioning, spacious balcony, located on cul de sac, sea and mountain view, designated parking, fully furnished and FULL title deeds.
1 Bedroom Apartment with a Basement in Chloraka This lovely apartment is located in a quiet location on the edge of Chloraka village which is about a 5 minute drive to the beach and walking distance to the bus routes. Chloraka has tavernas, bars, shops and an Amphitheater celebrating Traditional festivals. Enter the property and you are met with a spacious open kitchen, dining and lounge area that leads on a balcony. Here you can enjoy the relaxing atmosphere Chloraka has to offer and the beautiful sea and mountain views. The double bedroom shares a modern family bathroom. The special feature of the property is that there is a spacious basement on the ground floor which could be converted into a studio apartment or used as a office area. Plus there is designated parking located in front of the storage room/basement. With being in close proximity to all amenities, this is an ideal investment opportunity or perfect for a 'lock up and go' holiday home. Features, air conditioning, spacious balcony, located on cul de sac, sea and mountain view, designated parking, fully furnished and FULL title deeds.
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Currency Exchange
Chloraka, Paphos, 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 €152,000 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 |
|---|---|---|---|
| €152,000 | £125,233 | £128,911 | £3,678 |
| Property Price € | €152,000 |
| Minimum cost in the last six months | £125,233 |
| Maximum cost in the last six months | £128,911 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,678 |
Chloraka, Paphos, 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 €152,000 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 |
|---|---|---|---|
| €152,000 | £125,233 | £128,911 | £3,678 |
| Property Price € | €152,000 |
| Minimum cost in the last six months | £125,233 |
| Maximum cost in the last six months | £128,911 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,678 |
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 £3,678 more.
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