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Dromolaxia, Larnaca - From 395,000
Dromolaxia, Larnaca, Cyprus
REF: 543405
€395,000
Description
Four Bedroom Detached Villa For Sale in Dromolaxia, Larnaca - Title Deeds (New Build Process)These villas are an outstanding collection of luxury homes in Larnaca's newest community. They are in an area of low building density.... Four Bedroom Detached Villa For Sale in Dromolaxia, Larnaca - Title Deeds (New Build Process)These villas are an outstanding collection of luxury homes in Larnaca's newest community. They are in an area of low building density. This is the location for 20, three/four bedroomed homes that come with an option of three modern custom designs. This modern style complex is situated 3 km from Larnaca and offers easy access to the highway network with Limassol and Nicosia. These villas are set on elevated ground offering unobstructed views of the coastline and surrounding countryside- 4 Bedrooms with fitted wardrobes- Open plan living - dining area- Kitchen- 4 Bathrooms- Provisions for air conditioning- Provisions for fireplace- Fully furnished- Private double parking space- Pressurized water system- Energy efficient homes- Optional private swimming area- Internal area 165 - 191 m2- Covered veranda 14 - 18 m2- Garden 115 - 330 m2- Plot size 210 - 405 m2- Communal fees TBC- Walking distance to local amenities- 5 Minutes to the beach- 5 Minutes to Larnaca International Airport- Suitable for Cyprus Permanent Residency - Fast Track- Subject to VAT- Energy Efficiency ADromolaxiaDromolaxia is a village of the Larnaca district and, together with the neighbouring village of Meneou; they have formed the Municipality of Larnaca since October 2011. The Municipality of Dromolaxia is about 8 km from Larnaca. Dromolaxia was formerly called "Vromolaxia", this name is due to the fact that some "vromi" meaning oats, once cultivated in the area. However, the name Vromolaxia was considered offensive to the inhabitants and so the village was renamed Dromolaxia. While taking a walk in Dromolaxia, you will see the church of Agios Ioannis Prodromos, which is built in the centre of the village. A small chapel, an 11th century building, which was destroyed by an earthquake but was rebuilt some 300 to 400 years ago.------------* Title Deeds (New Build Process)* Optional Private Swimming Area* Views of the Coastline* Suitable for Cyprus Permanent Residency - Fast Track* Subject To VAT* New Build* Energy Efficiency ADromolaxiaDromolaxiaCounty: LarnacaSale Type: For SaleRef #: LLH023N4
Four Bedroom Detached Villa For Sale in Dromolaxia, Larnaca - Title Deeds (New Build Process)These villas are an outstanding collection of luxury homes in Larnaca's newest community. They are in an area of low building density.... Four Bedroom Detached Villa For Sale in Dromolaxia, Larnaca - Title Deeds (New Build Process)These villas are an outstanding collection of luxury homes in Larnaca's newest community. They are in an area of low building density. This is the location for 20, three/four bedroomed homes that come with an option of three modern custom designs. This modern style complex is situated 3 km from Larnaca and offers easy access to the highway network with Limassol and Nicosia. These villas are set on elevated ground offering unobstructed views of the coastline and surrounding countryside- 4 Bedrooms with fitted wardrobes- Open plan living - dining area- Kitchen- 4 Bathrooms- Provisions for air conditioning- Provisions for fireplace- Fully furnished- Private double parking space- Pressurized water system- Energy efficient homes- Optional private swimming area- Internal area 165 - 191 m2- Covered veranda 14 - 18 m2- Garden 115 - 330 m2- Plot size 210 - 405 m2- Communal fees TBC- Walking distance to local amenities- 5 Minutes to the beach- 5 Minutes to Larnaca International Airport- Suitable for Cyprus Permanent Residency - Fast Track- Subject to VAT- Energy Efficiency ADromolaxiaDromolaxia is a village of the Larnaca district and, together with the neighbouring village of Meneou; they have formed the Municipality of Larnaca since October 2011. The Municipality of Dromolaxia is about 8 km from Larnaca. Dromolaxia was formerly called "Vromolaxia", this name is due to the fact that some "vromi" meaning oats, once cultivated in the area. However, the name Vromolaxia was considered offensive to the inhabitants and so the village was renamed Dromolaxia. While taking a walk in Dromolaxia, you will see the church of Agios Ioannis Prodromos, which is built in the centre of the village. A small chapel, an 11th century building, which was destroyed by an earthquake but was rebuilt some 300 to 400 years ago.------------* Title Deeds (New Build Process)* Optional Private Swimming Area* Views of the Coastline* Suitable for Cyprus Permanent Residency - Fast Track* Subject To VAT* New Build* Energy Efficiency ADromolaxiaDromolaxiaCounty: LarnacaSale Type: For SaleRef #: LLH023N4
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Currency Exchange
Dromolaxia, Larnaca, 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 €395,000 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 |
|---|---|---|---|
| €395,000 | £336,023 | £346,214 | £10,191 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £336,023 |
| Maximum cost in the last six months | £346,214 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,191 |
Dromolaxia, Larnaca, 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 €395,000 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 |
|---|---|---|---|
| €395,000 | £336,023 | £346,214 | £10,191 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £336,023 |
| Maximum cost in the last six months | £346,214 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,191 |
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 £10,191 more.
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