Block of Apartments

Napa Gem Block B, Ayia Napa, Famagusta, Cyprus

For Sale

€3,190,000

REF: 573864 €3,190,000


10

6

Description

Block of 6 apartments in Central Ayia Napa with excellent Rental Potential - NGN101DP.Set in a prime Ayia Napa location this apartment block has an excellent holiday rental potential.The block consists of 2 x 2 bedroom apartments, 1 x 3 bedroom apartment and 3 x1 bedroom apartments, all stylishly furnished and finished with high quality ceramics and woodwork.There is an inviting 25m communal swimming pool and luscious gardens set around the terrace.An excellent investment for First Class holidays in the sun.AYIA NAPAAyia Napa has something for everyone! It is centered around the beautiful fishing harbour and monastery but also boasts a lively nightlife with streets dedicated to bars and clubs away from the quiet areas.

From gourmet restaurants, miles of white sandy beaches, a wealth of family activities including the top rated themed` Water Park in Europe you will be surprised and delighted with the village. Over recent years, the resort has been significantly upgraded with a lot of new world class hotels, a new state of the art Marina, two sculpture parks (one underwater) and a coastal walkway.

The investment is truly paying dividends. Ayia Napa is a very popular all year-round destination.Spring brings Easter and the first of many exciting festival celebrations which continue throughout the year. Each festival reflects historic, cultural and agricultural traditions of the area and always include delicious delicacies and traditional Cypriot folk dancing.

Surprisingly Ayia Napa properties for sale have a high rental demand throughout the year due to it being a busy holiday resort for all nationalities during the summer. In the winter Ayia Napa welcomes many Scandinavians who enjoy the temperate climate for a few months.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!
Block of 6 apartments in Central Ayia Napa with excellent Rental Potential - NGN101DP.Set in a prime Ayia Napa location this apartment block has an excellent holiday rental potential.The block consists of 2 x 2 bedroom apartments, 1 x 3 bedroom apartment and 3 x1 bedroom apartments, all stylishly furnished and finished with high quality ceramics and woodwork.There is an inviting 25m communal swimming pool and luscious gardens set around the terrace.An excellent investment for First Class holidays in the sun.AYIA NAPAAyia Napa has something for everyone! It is centered around the beautiful fishing harbour and monastery but also boasts a lively nightlife with streets dedicated to bars and clubs away from the quiet areas.

From gourmet restaurants, miles of white sandy beaches, a wealth of family activities including the top rated themed` Water Park in Europe you will be surprised and delighted with the village. Over recent years, the resort has been significantly upgraded with a lot of new world class hotels, a new state of the art Marina, two sculpture parks (one underwater) and a coastal walkway.

The investment is truly paying dividends. Ayia Napa is a very popular all year-round destination.Spring brings Easter and the first of many exciting festival celebrations which continue throughout the year. Each festival reflects historic, cultural and agricultural traditions of the area and always include delicious delicacies and traditional Cypriot folk dancing.

Surprisingly Ayia Napa properties for sale have a high rental demand throughout the year due to it being a busy holiday resort for all nationalities during the summer. In the winter Ayia Napa welcomes many Scandinavians who enjoy the temperate climate for a few months.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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#4773

Currency Exchange

Napa Gem Block B, 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 €3,190,000 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
€3,190,000 £2,713,701 £2,796,163 £82,462
Property Price € €3,190,000
Minimum cost in the last six months £2,713,701
Maximum cost in the last six months £2,796,163
Fluctuating exchange rates over the last six months could have increased the cost of this property by £82,462

Napa Gem Block B, 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 €3,190,000 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
€3,190,000 £2,713,701 £2,796,163 £82,462
Property Price € €3,190,000
Minimum cost in the last six months £2,713,701
Maximum cost in the last six months £2,796,163
Fluctuating exchange rates over the last six months could have increased the cost of this property by £82,462

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 £82,462 more.

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