Detached

40, Frenaros, Famagusta, Cyprus

For Sale

€225,000

REF: 942180 €225,000


3

1

Description

3 bedroom, 3 bathroom bungalow on a fantastic sized 707m2 plot with TITLE DEEDS for building plot land ready to transfer, in convenient location of Frenaros - FRE184This is a super opportunity to purchase a spacious bungalow on a large plot in a central location in the village of Frenaros. Offering heaps of outside space, ideal for families with young children or pets this endearing property has a lot to offer its new owners.

The bungalow features an entrance hall leading to the separate areas of the property.The living room, which is large enough to be used as a living and dining area, has plenty of natural light. The separate kitchen and dining area also boast natural light and provide direct access to the rear of the property.

From the kitchen there is access to the large utility room/pantry which in turn has a door leading back towards the heart of the house. All three bedrooms are huge and have ensuite bathrooms, two of the bedrooms offer built in wardrobes. One of the ensuites has a full bathtub, over bath shower, WC and sink with vanity unit a huge space to behold.

The other two ensuites are both shower rooms with WC and sinks, one of which doubles as a guest WC and includes access from the hallway as well as the bedroom.With a great deal of curb appeal this externally striking property, features a well kept hedge which doubles as an attractive driveway arch. The drive on the right side includes covered parking and a traditional village water well` featured among concreted and gravelled areas.

With established and low maintenance trees and plants in both the front and back garden the bungalow also benefits from a brick built store room. The driveway to the left of the property allows access to the rear of the plot. The wraparound plot features plenty of covered and uncovered veranda space ideal for sun seekers or shade bathers.The bungalow is offered for sale with a gas central heating system which includes wall hung radiators.

In need of some modernisation, properties of this size and location do not come onto the market very often. There is a great opportunity to turn this bungalow into a gorgeous family home. Viewing is highly recommended to fully appreciate this properties size, location and potential. With a great location in the village, walking distance to the supermarket, bakeries and shops on offer.

The property is 3.5km from Deryneia Village, around 6km from Paralimni town and the nearest beach is just 15 minutes away, by car in Kapparis.Viewings by appointment.FRENAROSLocated inland from the tourist resorts of Ayia Napa and Protaras the village of Frenaros is a much sought after place to live for local people and immigrants.

It still retains the traditional Cypriot village atmosphere with coffee shops and local tavernas. During recent years many new houses and luxury villas have been built around the outskirts whilst the village centre remains faithful to the Cypriot building style. Adding to the mixture of architecture the village has a few Byzantine churches which date back to the 12th century.

Frenaros is famous for Water Melons with the red soil perfect for growing the biggest juiciest specimens! A perfect place for residential living or a good base for a holiday, Frenaros is only 12 minutes from Ayia Napa, 5 minutes from Deryneia and just 40 minutes down the highway to Larnaca International Airport.

ABOUT THE FAMAGUSTA REGIONWhether you are planning to visit the Famagusta region of the Republic of Cyprus for the first time or you are already in love with the area, there is something here for everyone.The area is not known as the Jewel of the Eastern Mediterranean` for nothing! From the stunning cliffs of Cavo Greko (the most Easterly point of Europe) to quaint inland villages, to the 44 (yes 44!) white sandy Blue Flag beaches, the area holds something for every palette.

We have beautiful nature trails, water sports galore, amazing fresh cuisine, nightlife, one of the top waterparks in Europe, fishing harbours, a world class Marina and the list goes on and on! You are never far from anywhere in Famagusta, a maximum 15 minute drive to the nearest beach from even the most inland villages.Thousands of expats of all nationalities have made Cyprus their home over the years due to the warm local welcome, fantastic climate and host of things to do.

The bustling cities of Limassol, Larnaca and Nicosia are just over an hour away but here you can enjoy a more relaxed pace of life. Crime rates are amongst the lowest in Europe, English and Russian are widely spoken and there is always time for a chat, a coffee or a glass of wine in the sunshine. We look forward to introducing you to hidden gems of the area on your next visit.ISLAND HOMES ESTATE AGENTSIsland Homes have been working with both local and overseas buyers and sellers for over 20 years.

We specialise in property sales in the Famagusta region with seaside properties from Protaras to Ayia Napa; major towns including Paralimni and Deryneia and also covering all of the beautiful red soil villages` including Xylofagou, Vrysoulles, Frenaros, Avgorou, Dasaki Achna and Sotira. All of our team live locally and have worked together for many, many years.

We are also all immigrants to Cyprus and property owners ourselves so can guarantee that we have lived through the same experiences as that of our clients. We have in-depth knowledge of the area, the facilities, the amenities and, of course, every one of the properties that we advertise for sale. Prior to advertising we undertake a full due diligence on every home to ensure that we can fully inform our clients about the legal status of each house or apartment.Our reputation is hugely important to us so, for a truly personal experience, contact us and we will work together to find your dream home!
3 bedroom, 3 bathroom bungalow on a fantastic sized 707m2 plot with TITLE DEEDS for building plot land ready to transfer, in convenient location of Frenaros - FRE184This is a super opportunity to purchase a spacious bungalow on a large plot in a central location in the village of Frenaros. Offering heaps of outside space, ideal for families with young children or pets this endearing property has a lot to offer its new owners.

The bungalow features an entrance hall leading to the separate areas of the property.The living room, which is large enough to be used as a living and dining area, has plenty of natural light. The separate kitchen and dining area also boast natural light and provide direct access to the rear of the property.

From the kitchen there is access to the large utility room/pantry which in turn has a door leading back towards the heart of the house. All three bedrooms are huge and have ensuite bathrooms, two of the bedrooms offer built in wardrobes. One of the ensuites has a full bathtub, over bath shower, WC and sink with vanity unit a huge space to behold.

The other two ensuites are both shower rooms with WC and sinks, one of which doubles as a guest WC and includes access from the hallway as well as the bedroom.With a great deal of curb appeal this externally striking property, features a well kept hedge which doubles as an attractive driveway arch. The drive on the right side includes covered parking and a traditional village water well` featured among concreted and gravelled areas.

With established and low maintenance trees and plants in both the front and back garden the bungalow also benefits from a brick built store room. The driveway to the left of the property allows access to the rear of the plot. The wraparound plot features plenty of covered and uncovered veranda space ideal for sun seekers or shade bathers.The bungalow is offered for sale with a gas central heating system which includes wall hung radiators.

In need of some modernisation, properties of this size and location do not come onto the market very often. There is a great opportunity to turn this bungalow into a gorgeous family home. Viewing is highly recommended to fully appreciate this properties size, location and potential. With a great location in the village, walking distance to the supermarket, bakeries and shops on offer.

The property is 3.5km from Deryneia Village, around 6km from Paralimni town and the nearest beach is just 15 minutes away, by car in Kapparis.Viewings by appointment.FRENAROSLocated inland from the tourist resorts of Ayia Napa and Protaras the village of Frenaros is a much sought after place to live for local people and immigrants.

It still retains the traditional Cypriot village atmosphere with coffee shops and local tavernas. During recent years many new houses and luxury villas have been built around the outskirts whilst the village centre remains faithful to the Cypriot building style. Adding to the mixture of architecture the village has a few Byzantine churches which date back to the 12th century.

Frenaros is famous for Water Melons with the red soil perfect for growing the biggest juiciest specimens! A perfect place for residential living or a good base for a holiday, Frenaros is only 12 minutes from Ayia Napa, 5 minutes from Deryneia and just 40 minutes down the highway to Larnaca International Airport.

ABOUT THE FAMAGUSTA REGIONWhether you are planning to visit the Famagusta region of the Republic of Cyprus for the first time or you are already in love with the area, there is something here for everyone.The area is not known as the Jewel of the Eastern Mediterranean` for nothing! From the stunning cliffs of Cavo Greko (the most Easterly point of Europe) to quaint inland villages, to the 44 (yes 44!) white sandy Blue Flag beaches, the area holds something for every palette.

We have beautiful nature trails, water sports galore, amazing fresh cuisine, nightlife, one of the top waterparks in Europe, fishing harbours, a world class Marina and the list goes on and on! You are never far from anywhere in Famagusta, a maximum 15 minute drive to the nearest beach from even the most inland villages.Thousands of expats of all nationalities have made Cyprus their home over the years due to the warm local welcome, fantastic climate and host of things to do.

The bustling cities of Limassol, Larnaca and Nicosia are just over an hour away but here you can enjoy a more relaxed pace of life. Crime rates are amongst the lowest in Europe, English and Russian are widely spoken and there is always time for a chat, a coffee or a glass of wine in the sunshine. We look forward to introducing you to hidden gems of the area on your next visit.ISLAND HOMES ESTATE AGENTSIsland Homes have been working with both local and overseas buyers and sellers for over 20 years.

We specialise in property sales in the Famagusta region with seaside properties from Protaras to Ayia Napa; major towns including Paralimni and Deryneia and also covering all of the beautiful red soil villages` including Xylofagou, Vrysoulles, Frenaros, Avgorou, Dasaki Achna and Sotira. All of our team live locally and have worked together for many, many years.

We are also all immigrants to Cyprus and property owners ourselves so can guarantee that we have lived through the same experiences as that of our clients. We have in-depth knowledge of the area, the facilities, the amenities and, of course, every one of the properties that we advertise for sale. Prior to advertising we undertake a full due diligence on every home to ensure that we can fully inform our clients about the legal status of each house or apartment.Our reputation is hugely important to us so, for a truly personal experience, contact us and we will work together to find your dream home!
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Property on Map

#6068

Currency Exchange

40, Frenaros, 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 €225,000 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
€225,000 £185,378 £190,823 £5,445
Property Price € €225,000
Minimum cost in the last six months £185,378
Maximum cost in the last six months £190,823
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,445

40, Frenaros, 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 €225,000 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
€225,000 £185,378 £190,823 £5,445
Property Price € €225,000
Minimum cost in the last six months £185,378
Maximum cost in the last six months £190,823
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,445

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 £5,445 more.

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