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located on the coastline in a pristine area of picturesque Coral Bay
Pegeia - Coral Bay, Paphos, Cyprus
REF: 563753
€690,000
Description
located on the coastline in a pristine area of picturesque Coral Bay. The project is within walking distance to the 5 Star Coral Beach Hotel and Resort and a 10-minute drive to the cosmopolitan Paphos area. The area is very popular with international holidaymakers who are either living permanently in Cyprus or have invested in a holiday home.
This unique resort development is on 65,000 sqm of land, located at one of the most sought a er beachfront locations in Cyprus. The development will comprise of around 63 Freehold, luxury detached villas, and junior villas, many of them with private swimming pool and with direct access to the beautiful blue waters of the Mediterranean Sea.
This modern 3 bedroom villa is a freehold property with a comfortable living and dining area, and contemporary architecture and is perfect for luxury waterside living.
A Residents Clubhouse, private pools and gardens, large verandas and patios, ample covered parking and superior interior finishes, are some of the project's features that make these luxurious properties an irresistible opportunity.
located on the coastline in a pristine area of picturesque Coral Bay. The project is within walking distance to the 5 Star Coral Beach Hotel and Resort and a 10-minute drive to the cosmopolitan Paphos area. The area is very popular with international holidaymakers who are either living permanently in Cyprus or have invested in a holiday home.
This unique resort development is on 65,000 sqm of land, located at one of the most sought a er beachfront locations in Cyprus. The development will comprise of around 63 Freehold, luxury detached villas, and junior villas, many of them with private swimming pool and with direct access to the beautiful blue waters of the Mediterranean Sea.
This modern 3 bedroom villa is a freehold property with a comfortable living and dining area, and contemporary architecture and is perfect for luxury waterside living.
A Residents Clubhouse, private pools and gardens, large verandas and patios, ample covered parking and superior interior finishes, are some of the project's features that make these luxurious properties an irresistible opportunity.
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Currency Exchange
Pegeia - Coral Bay, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £586,976 | £604,778 | £17,802 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £586,976 |
| Maximum cost in the last six months | £604,778 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,802 |
Pegeia - Coral Bay, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £586,976 | £604,778 | £17,802 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £586,976 |
| Maximum cost in the last six months | £604,778 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,802 |
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 £17,802 more.
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