Detached

1 Regal Residences, Protaras, Famagusta, Cyprus

For Sale

€1,550,000

REF: 573878 €1,550,000


5

3

Description

5 Bedroom, 3 bathroom, detached NEW BUILD villa within 280 meters of the sea in exclusive Protaras location - RRP101DPThis modern design villa sits on a small development of just 6 detached villas with private 5x10 swimming pool, within 280 metres of the sea. Beautifully presented this home features over three floors and includes a jacuzzi and outdoor bar and grill area and covered parking for 2 cars.

With state of the art central under floor heating, ventilation system, indoor/outdoor sound system as well as an alarm system. At ground floor level the main entrance leads to the vestibule with guest wc and cloakroom. There is an open plan dining room, living room and kitchen area with patio doors leading to the inviting swimming pool and modern style covered area ideal for seating.

The lower level has two generous double bedrooms (one with en-suite and walk in wardrobe) as well as a small kitchen/utility area, all finished to a high standard. The first floor has a further 3 double bedrooms (master with en-suite and walk in wardrobe) as well as a main bathroom featuring both a bath and a separate shower.

Furnishings throughout this splendid family home are modern and finished with the highest quality ceramics.Call to arrange a viewing.Price excludes VATPROTARASProtaras 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 AGENTS
5 Bedroom, 3 bathroom, detached NEW BUILD villa within 280 meters of the sea in exclusive Protaras location - RRP101DPThis modern design villa sits on a small development of just 6 detached villas with private 5x10 swimming pool, within 280 metres of the sea. Beautifully presented this home features over three floors and includes a jacuzzi and outdoor bar and grill area and covered parking for 2 cars.

With state of the art central under floor heating, ventilation system, indoor/outdoor sound system as well as an alarm system. At ground floor level the main entrance leads to the vestibule with guest wc and cloakroom. There is an open plan dining room, living room and kitchen area with patio doors leading to the inviting swimming pool and modern style covered area ideal for seating.

The lower level has two generous double bedrooms (one with en-suite and walk in wardrobe) as well as a small kitchen/utility area, all finished to a high standard. The first floor has a further 3 double bedrooms (master with en-suite and walk in wardrobe) as well as a main bathroom featuring both a bath and a separate shower.

Furnishings throughout this splendid family home are modern and finished with the highest quality ceramics.Call to arrange a viewing.Price excludes VATPROTARASProtaras 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 AGENTS
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Property on Map

#4819

Currency Exchange

1 Regal Residences, 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 €1,550,000 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
€1,550,000 £1,318,570 £1,358,637 £40,068
Property Price € €1,550,000
Minimum cost in the last six months £1,318,570
Maximum cost in the last six months £1,358,637
Fluctuating exchange rates over the last six months could have increased the cost of this property by £40,068

1 Regal Residences, 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 €1,550,000 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
€1,550,000 £1,318,570 £1,358,637 £40,068
Property Price € €1,550,000
Minimum cost in the last six months £1,318,570
Maximum cost in the last six months £1,358,637
Fluctuating exchange rates over the last six months could have increased the cost of this property by £40,068

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 £40,068 more.

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