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This new project comprises two apartment blocks featuring a total of 32 luxurious apartments, with options for 1 and 2-bedroom layouts
Chloraka, Paphos, Cyprus
REF: 952395
€290,000
Description
This new project comprises two apartment blocks featuring a total of 32 luxurious apartments, with options for 1 and 2-bedroom layouts. Situated just a five-minute walk from Paphos's premier beach and the city center, these apartments offer convenience and access to the best of what Paphos has to offer. Each apartment is designed for luxury living, with amenities such as a pool, spa, gym, massage room, and laundry facilities, ensuring residents have everything they need for relaxation and comfort right at their doorstep. One of the standout features of this complex is the rooftop terrace equipped with a barbecue area, providing residents with an exclusive space to enjoy outdoor gatherings while taking in breathtaking views of the sea from the upper floors. The location is ideal, offering not only proximity to the beach but also easy access to Paphos's vibrant dining, shopping, and entertainment scene. With its modern design, premium amenities, and strategic location, this project represents a coveted opportunity for those seeking a luxurious lifestyle in the heart of Paphos. Chloraka is located 3 km north of Paphos Town and borders the tourist area known as the Tomb of the Kings. It is also home to Akritas Chloraka, a Cypriot Second Division football team. There are many hotels, restaurants and bars in this village which runs along the coast road from Paphos Town to Coral Bay. Chloraka s location was put on the map in March 1998 when the cargo shop Demetrios II ran aground in heavy seas, the vessel is easily visible and has now become quite a focal point.
This new project comprises two apartment blocks featuring a total of 32 luxurious apartments, with options for 1 and 2-bedroom layouts. Situated just a five-minute walk from Paphos's premier beach and the city center, these apartments offer convenience and access to the best of what Paphos has to offer. Each apartment is designed for luxury living, with amenities such as a pool, spa, gym, massage room, and laundry facilities, ensuring residents have everything they need for relaxation and comfort right at their doorstep. One of the standout features of this complex is the rooftop terrace equipped with a barbecue area, providing residents with an exclusive space to enjoy outdoor gatherings while taking in breathtaking views of the sea from the upper floors. The location is ideal, offering not only proximity to the beach but also easy access to Paphos's vibrant dining, shopping, and entertainment scene. With its modern design, premium amenities, and strategic location, this project represents a coveted opportunity for those seeking a luxurious lifestyle in the heart of Paphos. Chloraka is located 3 km north of Paphos Town and borders the tourist area known as the Tomb of the Kings. It is also home to Akritas Chloraka, a Cypriot Second Division football team. There are many hotels, restaurants and bars in this village which runs along the coast road from Paphos Town to Coral Bay. Chloraka s location was put on the map in March 1998 when the cargo shop Demetrios II ran aground in heavy seas, the vessel is easily visible and has now become quite a focal point.
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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 €290,000 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 |
|---|---|---|---|
| €290,000 | £238,931 | £245,366 | £6,435 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £238,931 |
| Maximum cost in the last six months | £245,366 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,435 |
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 €290,000 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 |
|---|---|---|---|
| €290,000 | £238,931 | £245,366 | £6,435 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £238,931 |
| Maximum cost in the last six months | £245,366 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,435 |
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 £6,435 more.
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