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It is a detached house in the charming town of Paralimni, Cyprus
Paralimni, Famagusta, Cyprus
REF: 950043
€350,000
Description
It is a detached house in the charming town of Paralimni, Cyprus. The ground floor features a large open-plan living room, dining room, and a spacious kitchen. Upstairs, you will find three spacious bedrooms, one of which is an en-suite, a main bathroom, and an open-plan attic for versatile use. The property also benefits from a covered parking space and a covered veranda. The asset is located about 700m from the centre of Paralimni. Paralimni incorporates the sub-district of Protaras, which is a popular tourist resort. Hundreds of windmills dot the landscape, and the area is famous for its crystal-clear waters and soft, powdery sand beaches. The Natural Forest Park of Cape Greco - located southeast of Protaras - is gorgeous with its coves, caves, rare flora and fauna and stunning views. Owning a well-appointed home in one of Paralimni s most convenient locations is a great opportunity. Please get in touch with Elit Blue to arrange a private viewing.
It is a detached house in the charming town of Paralimni, Cyprus. The ground floor features a large open-plan living room, dining room, and a spacious kitchen. Upstairs, you will find three spacious bedrooms, one of which is an en-suite, a main bathroom, and an open-plan attic for versatile use. The property also benefits from a covered parking space and a covered veranda. The asset is located about 700m from the centre of Paralimni. Paralimni incorporates the sub-district of Protaras, which is a popular tourist resort. Hundreds of windmills dot the landscape, and the area is famous for its crystal-clear waters and soft, powdery sand beaches. The Natural Forest Park of Cape Greco - located southeast of Protaras - is gorgeous with its coves, caves, rare flora and fauna and stunning views. Owning a well-appointed home in one of Paralimni s most convenient locations is a great opportunity. Please get in touch with Elit Blue to arrange a private viewing.
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Currency Exchange
Paralimni, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £296,132 | £7,767 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £296,132 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,767 |
Paralimni, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £296,132 | £7,767 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £296,132 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,767 |
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 £7,767 more.
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