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Detached house with an auxiliary building/extension in Ayia Napa municipality of Famagusta District
Ayia Napa, Famagusta, Cyprus
REF: 1003670
€440,000
Description
Detached house with an auxiliary building/extension in Ayia Napa municipality of Famagusta District. It is approximately 1km north of the community center and approximately 500 meters south of Ayia Napa roundabout. The property it is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. In addition, it has excellent access to the motorway, the center of Ayia Napa municipality and to the local beaches. Within the parcel there is a two-storey building which has acquired all the necessary permits on the southern part and an auxiliary building/extension without permits on the northern part o fthe parcel. The parcel has an irregular shape and abuts a public registered road along the western (Mersinia Street) boundary with a total road frontage of approximately 28 meters. The house on the southern part of the parcel was built in circa 1990 and consists of a ground and the first floor. On the ground floor it consists of a living room, a dining room, a kitchen with a dining area, a small laundry room, one bedroom, a common bathroom with a WC and verandas. On the first floor it consist of three bedrooms (the one is an ensuite with a shower) and a common shower with a WC. Externally, it has covered and uncovered verandas, a piloti area which is used as covered parking space. The area of the interior spaces amounts to 288 sq.m. (approximately), covered verandas 26sqm. uncovered verandas 43sqm. and piloti(covered parking area) amounts to 27 sq.m. (approximately). On the north part of the parcel there is an auxiliary building /extension was built in circa 1990 and consist on the ground floor of open space of sitting area with kitchen and verandas. On the upper floor consist of one bedroom, WC with bathroom and verandas. The area of the interior spaces amounts to 88 sq.m. (approximately), covered verandas 7sqm. and piloti(covered parking area) amounts to 32 sq.m. (approximately). The property is vacant and it is considered as an ideal choice for families.
Detached house with an auxiliary building/extension in Ayia Napa municipality of Famagusta District. It is approximately 1km north of the community center and approximately 500 meters south of Ayia Napa roundabout. The property it is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. In addition, it has excellent access to the motorway, the center of Ayia Napa municipality and to the local beaches. Within the parcel there is a two-storey building which has acquired all the necessary permits on the southern part and an auxiliary building/extension without permits on the northern part o fthe parcel. The parcel has an irregular shape and abuts a public registered road along the western (Mersinia Street) boundary with a total road frontage of approximately 28 meters. The house on the southern part of the parcel was built in circa 1990 and consists of a ground and the first floor. On the ground floor it consists of a living room, a dining room, a kitchen with a dining area, a small laundry room, one bedroom, a common bathroom with a WC and verandas. On the first floor it consist of three bedrooms (the one is an ensuite with a shower) and a common shower with a WC. Externally, it has covered and uncovered verandas, a piloti area which is used as covered parking space. The area of the interior spaces amounts to 288 sq.m. (approximately), covered verandas 26sqm. uncovered verandas 43sqm. and piloti(covered parking area) amounts to 27 sq.m. (approximately). On the north part of the parcel there is an auxiliary building /extension was built in circa 1990 and consist on the ground floor of open space of sitting area with kitchen and verandas. On the upper floor consist of one bedroom, WC with bathroom and verandas. The area of the interior spaces amounts to 88 sq.m. (approximately), covered verandas 7sqm. and piloti(covered parking area) amounts to 32 sq.m. (approximately). The property is vacant and it is considered as an ideal choice for families.
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Currency Exchange
Ayia Napa, 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 €440,000 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 |
|---|---|---|---|
| €440,000 | £363,198 | £385,141 | £21,943 |
| Property Price € | €440,000 |
| Minimum cost in the last six months | £363,198 |
| Maximum cost in the last six months | £385,141 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,943 |
Ayia Napa, 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 €440,000 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 |
|---|---|---|---|
| €440,000 | £363,198 | £385,141 | £21,943 |
| Property Price € | €440,000 |
| Minimum cost in the last six months | £363,198 |
| Maximum cost in the last six months | £385,141 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,943 |
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 £21,943 more.
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