Detached

271 Akefalou, Protaras, Famagusta, Cyprus

For Sale

€2,500,000

REF: 573638 €2,500,000


5

3

Description

One of a kind, 5 bedroom, 3 bathroom Luxury villa with private swimming pool and stunning views - PRO135.Set in the hills overlooking the resort of Protaras, this beautiful villa should be seen to be fully appreciated. Custom built by the current owner, careful though and planning has gone into the design.

The plot is gated and the gates lead to the entrance driveway with enough parking for 4+ cars. The double door entrance leads into the large open plan "L" shaped kitchen, dining and living area. The designer kitchen offers quality appliances and vast worktop and storage space. There is a large breakfast bar/island, ideal for relaxed dining and a dining area with space for a large dining table for more formal meals.

Also at ground floor level is a large guest bedroom, large shower room with wc and a utility room.The huge living space has a fireplace and direct patio door access to the stunning swimming pool terrace. This property has been designed with outdoor living in mind. There is a large, covered, sea view, terrace with steps leading to the decked swimming pool terrace which is surrounded by luscious plants and trees.

There are plenty of spaces both shaded and in the sun to relax and admire the views from the elevated position.The wide staircase leads to the first floor open landing where the remaining 4 bedrooms, huge balcony and family bathroom are located. The divine master bedroom is of huge proportions and has a walk in wardrobe and large en suite bathroom with sunken, corner Jacuzzi bath and twin sinks.The property covers 2 plots measuring 2753m in total and has its own private water well with high quality water.Due to the fantastic location and fabulous finish, this villa has an excellent existing rental stream.Viewings strictly by appointment.PROTARASProtaras is arguably the most popular family holiday resort in Cyprus.

Situated on the famous Fig Tree Bay Protaras offers the most beautiful beaches in southern Cyprus. During the summer months the resort comes to life with an abundance of delicious restaurants, lively bars, top quality entertainment and shops selling local artisan products, perfect for families and couples alike.

Down on the beach there are a variety of water sports in the crystal-clear blue waters, whilst set back from the beach are all the big hotels and beach bars serving food and cocktails. The Protaras area is also famous for Scuba diving, the main area, Green Bay, hosts thousands of Divers every year at both beginner and expert level.

There is a fabulous walkway along the coast from Fig Tree bay to Pernera and you can find families walking between bars and restaurants and enjoying the views.ABOUT THE FAMAGUSTA REGIONWhether you are planning to visit the Famagusta region of the Republic of Cyprus for the first time or you are already in love with the area, there is something here for everyone.The area is not known as the Jewel of the Eastern Mediterranean` for nothing! From the stunning cliffs of Cavo Greko (the most Easterly point of Europe) to quaint inland villages, to the 44 (yes 44!) white sandy Blue Flag beaches, the area holds something for every palette.

We have beautiful nature trails, water sports galore, amazing fresh cuisine, nightlife, one of the top waterparks in Europe, fishing harbours, a world class Marina and the list goes on and on! You are never far from anywhere in Famagusta, a maximum 15 minute drive to the nearest beach from even the most inland villages.Thousands of expats of all nationalities have made Cyprus their home over the years due to the warm local welcome, fantastic climate and host of things to do.

The bustling cities of Limassol, Larnaca and Nicosia are just over an hour away but here you can enjoy a more relaxed pace of life. Crime rates are amongst the lowest in Europe, English and Russian are widely spoken and there is always time for a chat, a coffee or a glass of wine in the sunshine. We look forward to introducing you to hidden gems of the area on your next visit.ISLAND HOMES ESTATE AGENTSIsland Homes have been working with both local and overseas buyers and sellers for over 20 years.

We specialise in property sales in the Famagusta region with seaside properties from Protaras to Ayia Napa; major towns including Paralimni and Deryneia and also covering all of the beautiful red soil villages` including Xylofagou, Vrysoulles, Frenaros, Avgorou, Dasaki Achna and Sotira. All of our team live locally and have worked together for many, many years.

We are also all immigrants to Cyprus and property owners ourselves so can guarantee that we have lived through the same experiences as that of our clients. We have in-depth knowledge of the area, the facilities, the amenities and, of course, every one of the properties that we advertise for sale. Prior to advertising we undertake a full due diligence on every home to ensure that we can fully inform our clients about the legal status of each house or apartment.Our reputation is hugely important to us so, for a truly personal experience, contact us and we will work together to find your dream home!
One of a kind, 5 bedroom, 3 bathroom Luxury villa with private swimming pool and stunning views - PRO135.Set in the hills overlooking the resort of Protaras, this beautiful villa should be seen to be fully appreciated. Custom built by the current owner, careful though and planning has gone into the design.

The plot is gated and the gates lead to the entrance driveway with enough parking for 4+ cars. The double door entrance leads into the large open plan "L" shaped kitchen, dining and living area. The designer kitchen offers quality appliances and vast worktop and storage space. There is a large breakfast bar/island, ideal for relaxed dining and a dining area with space for a large dining table for more formal meals.

Also at ground floor level is a large guest bedroom, large shower room with wc and a utility room.The huge living space has a fireplace and direct patio door access to the stunning swimming pool terrace. This property has been designed with outdoor living in mind. There is a large, covered, sea view, terrace with steps leading to the decked swimming pool terrace which is surrounded by luscious plants and trees.

There are plenty of spaces both shaded and in the sun to relax and admire the views from the elevated position.The wide staircase leads to the first floor open landing where the remaining 4 bedrooms, huge balcony and family bathroom are located. The divine master bedroom is of huge proportions and has a walk in wardrobe and large en suite bathroom with sunken, corner Jacuzzi bath and twin sinks.The property covers 2 plots measuring 2753m in total and has its own private water well with high quality water.Due to the fantastic location and fabulous finish, this villa has an excellent existing rental stream.Viewings strictly by appointment.PROTARASProtaras is arguably the most popular family holiday resort in Cyprus.

Situated on the famous Fig Tree Bay Protaras offers the most beautiful beaches in southern Cyprus. During the summer months the resort comes to life with an abundance of delicious restaurants, lively bars, top quality entertainment and shops selling local artisan products, perfect for families and couples alike.

Down on the beach there are a variety of water sports in the crystal-clear blue waters, whilst set back from the beach are all the big hotels and beach bars serving food and cocktails. The Protaras area is also famous for Scuba diving, the main area, Green Bay, hosts thousands of Divers every year at both beginner and expert level.

There is a fabulous walkway along the coast from Fig Tree bay to Pernera and you can find families walking between bars and restaurants and enjoying the views.ABOUT THE FAMAGUSTA REGIONWhether you are planning to visit the Famagusta region of the Republic of Cyprus for the first time or you are already in love with the area, there is something here for everyone.The area is not known as the Jewel of the Eastern Mediterranean` for nothing! From the stunning cliffs of Cavo Greko (the most Easterly point of Europe) to quaint inland villages, to the 44 (yes 44!) white sandy Blue Flag beaches, the area holds something for every palette.

We have beautiful nature trails, water sports galore, amazing fresh cuisine, nightlife, one of the top waterparks in Europe, fishing harbours, a world class Marina and the list goes on and on! You are never far from anywhere in Famagusta, a maximum 15 minute drive to the nearest beach from even the most inland villages.Thousands of expats of all nationalities have made Cyprus their home over the years due to the warm local welcome, fantastic climate and host of things to do.

The bustling cities of Limassol, Larnaca and Nicosia are just over an hour away but here you can enjoy a more relaxed pace of life. Crime rates are amongst the lowest in Europe, English and Russian are widely spoken and there is always time for a chat, a coffee or a glass of wine in the sunshine. We look forward to introducing you to hidden gems of the area on your next visit.ISLAND HOMES ESTATE AGENTSIsland Homes have been working with both local and overseas buyers and sellers for over 20 years.

We specialise in property sales in the Famagusta region with seaside properties from Protaras to Ayia Napa; major towns including Paralimni and Deryneia and also covering all of the beautiful red soil villages` including Xylofagou, Vrysoulles, Frenaros, Avgorou, Dasaki Achna and Sotira. All of our team live locally and have worked together for many, many years.

We are also all immigrants to Cyprus and property owners ourselves so can guarantee that we have lived through the same experiences as that of our clients. We have in-depth knowledge of the area, the facilities, the amenities and, of course, every one of the properties that we advertise for sale. Prior to advertising we undertake a full due diligence on every home to ensure that we can fully inform our clients about the legal status of each house or apartment.Our reputation is hugely important to us so, for a truly personal experience, contact us and we will work together to find your dream home!
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Property on Map

#3412

Currency Exchange

271 Akefalou, Protaras, 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 €2,500,000 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
€2,500,000 £2,079,700 £2,151,550 £71,850
Property Price € €2,500,000
Minimum cost in the last six months £2,079,700
Maximum cost in the last six months £2,151,550
Fluctuating exchange rates over the last six months could have increased the cost of this property by £71,850

271 Akefalou, Protaras, 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 €2,500,000 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
€2,500,000 £2,079,700 £2,151,550 £71,850
Property Price € €2,500,000
Minimum cost in the last six months £2,079,700
Maximum cost in the last six months £2,151,550
Fluctuating exchange rates over the last six months could have increased the cost of this property by £71,850

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 £71,850 more.

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