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A modern 2 bedroom detached villa located in the highly sought after area of Cape Greko
Cape Greko, Famagusta, Cyprus
REF: 936526
€480,000
Description
A modern 2 bedroom detached villa located in the highly sought after area of Cape Greko. Situated on a premium gated development, the villa is close walking distance to the best beaches and amenities of the southern Protaras resort area. This superb property features a contemporary design with comfortable and luxurious living accommodation set amongst scenic surroundings. The interior comprises a separate fully fitted kitchen, open plan living/dining area and guest WC on the ground floor. Leading out to the rear garden is a shaded veranda, private pool and private parking space. The first floor has 2 bedrooms and a bathroom with walk-in shower. A beautiful location, close to natural beauty of the National Nature Park of Cape Greko and in between the two most popular resorts in Cyprus, Protaras and Ayia Napa. Being sold fully furnished with silver goods, this key ready property is the ideal dream home in the sun with excellent rental potential.
A modern 2 bedroom detached villa located in the highly sought after area of Cape Greko. Situated on a premium gated development, the villa is close walking distance to the best beaches and amenities of the southern Protaras resort area. This superb property features a contemporary design with comfortable and luxurious living accommodation set amongst scenic surroundings. The interior comprises a separate fully fitted kitchen, open plan living/dining area and guest WC on the ground floor. Leading out to the rear garden is a shaded veranda, private pool and private parking space. The first floor has 2 bedrooms and a bathroom with walk-in shower. A beautiful location, close to natural beauty of the National Nature Park of Cape Greko and in between the two most popular resorts in Cyprus, Protaras and Ayia Napa. Being sold fully furnished with silver goods, this key ready property is the ideal dream home in the sun with excellent rental potential.
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Currency Exchange
Cape Greko, 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 €480,000 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 |
|---|---|---|---|
| €480,000 | £395,472 | £406,123 | £10,651 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £395,472 |
| Maximum cost in the last six months | £406,123 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,651 |
Cape Greko, 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 €480,000 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 |
|---|---|---|---|
| €480,000 | £395,472 | £406,123 | £10,651 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £395,472 |
| Maximum cost in the last six months | £406,123 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,651 |
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 £10,651 more.
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