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Ayia Napa, Famagusta - From 400,000
Ayia Napa, Famagusta, Cyprus
REF: 543534
€400,000
Description
Two Bedroom Studio Suite For Sale in Ayia Napa, Famagusta - Title Deeds (New Build Process)These fully furnished hotel suites are located in the heart of Ayia Napa, just a short distance from the bars and restaurants and the stunning Blue Flag beaches. Each apartment will be fully renovated to a... Two Bedroom Studio Suite For Sale in Ayia Napa, Famagusta - Title Deeds (New Build Process)These fully furnished hotel suites are located in the heart of Ayia Napa, just a short distance from the bars and restaurants and the stunning Blue Flag beaches. Each apartment will be fully renovated to a high standard and boast unobstructed sea views. The complex will have landscaped gardens, a communal swimming pool with pool bar and a roof top restaurant. With a full service facility, these suites make a great holiday rental and investment opportunity.- 2 Bedrooms with fitted wardrobes- Family bathroom- Open plan living and kitchen area- Fully furnished apartments- Home automation systems- Allocated and guest car parking- Communal swimming pool- Landscape gardens- Leisure facilities with pool bar and restaurant- Internal area 45-51 m2- Covered veranda 5-18 m2- Communal fees TBC- 2 Minutes to the local shops and amenities- 3 Minutes to the beach- 45 Minutes to Larnaca International Airport- Investment purchase only (no personal use allowed)- Rental guarantee of 6% net- Suitable for Cyprus Permanent Residency - Fast Track- No VAT- Energy Efficiency TBCAyia NapaTransformed from a traditional fishing village, Ayia Napa is now a lively resort that has something for everyone. The centre of the town is built around a medieval monastery which was built in the form of a medieval castle around 1500 AD. Ayia Napa also boasts a traditional harbour, beautiful beaches including the famous Nissi Beach, a Sculpture Park, children's Luna Park and is home to the award winning Waterworld themed water park. The harbour has been fully pedestrianised with cafes and fish tavernas lining the front and a wooden walkway travels the length of the harbour and continues to neighbouring Ayia Thekla and the new Marina.------------* Title Deeds (New Build Process)* Great Investment and Rental Suites* Leisure Facilities & Serviced Suites* Suitable For Cyprus Permanent Residency - Fast Track* No VAT* Under Construction - Completion due March 2024* Energy Efficiency TBCAyia NapaAyia NapaCounty: FamagustaSale Type: For SaleRef #: QUA069N2
Two Bedroom Studio Suite For Sale in Ayia Napa, Famagusta - Title Deeds (New Build Process)These fully furnished hotel suites are located in the heart of Ayia Napa, just a short distance from the bars and restaurants and the stunning Blue Flag beaches. Each apartment will be fully renovated to a... Two Bedroom Studio Suite For Sale in Ayia Napa, Famagusta - Title Deeds (New Build Process)These fully furnished hotel suites are located in the heart of Ayia Napa, just a short distance from the bars and restaurants and the stunning Blue Flag beaches. Each apartment will be fully renovated to a high standard and boast unobstructed sea views. The complex will have landscaped gardens, a communal swimming pool with pool bar and a roof top restaurant. With a full service facility, these suites make a great holiday rental and investment opportunity.- 2 Bedrooms with fitted wardrobes- Family bathroom- Open plan living and kitchen area- Fully furnished apartments- Home automation systems- Allocated and guest car parking- Communal swimming pool- Landscape gardens- Leisure facilities with pool bar and restaurant- Internal area 45-51 m2- Covered veranda 5-18 m2- Communal fees TBC- 2 Minutes to the local shops and amenities- 3 Minutes to the beach- 45 Minutes to Larnaca International Airport- Investment purchase only (no personal use allowed)- Rental guarantee of 6% net- Suitable for Cyprus Permanent Residency - Fast Track- No VAT- Energy Efficiency TBCAyia NapaTransformed from a traditional fishing village, Ayia Napa is now a lively resort that has something for everyone. The centre of the town is built around a medieval monastery which was built in the form of a medieval castle around 1500 AD. Ayia Napa also boasts a traditional harbour, beautiful beaches including the famous Nissi Beach, a Sculpture Park, children's Luna Park and is home to the award winning Waterworld themed water park. The harbour has been fully pedestrianised with cafes and fish tavernas lining the front and a wooden walkway travels the length of the harbour and continues to neighbouring Ayia Thekla and the new Marina.------------* Title Deeds (New Build Process)* Great Investment and Rental Suites* Leisure Facilities & Serviced Suites* Suitable For Cyprus Permanent Residency - Fast Track* No VAT* Under Construction - Completion due March 2024* Energy Efficiency TBCAyia NapaAyia NapaCounty: FamagustaSale Type: For SaleRef #: QUA069N2
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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 €400,000 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 |
|---|---|---|---|
| €400,000 | £340,276 | £350,616 | £10,340 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £340,276 |
| Maximum cost in the last six months | £350,616 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,340 |
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 €400,000 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 |
|---|---|---|---|
| €400,000 | £340,276 | £350,616 | £10,340 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £340,276 |
| Maximum cost in the last six months | £350,616 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,340 |
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 £10,340 more.
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