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This 5 bedroom property is located in a quiet location on the edge of Chloraka village which is about a 5 minute drive to the beach and walking distance to the bus routes
Chloraka, Paphos, Cyprus
REF: 688457
€450,000
Description
This 5 bedroom property is located in a quiet location on the edge of Chloraka village which is about a 5 minute drive to the beach and walking distance to the bus routes. Chloraka has tavernas, bars, shops and an Amphitheater celebrating Traditional festivals. Enter into the bungalow and you are met with a spacious dining area which flows into the living and kitchen area. The open kitchen is modern, has a lot of space for storage. It also has a breakfast bar which is ideal for quick meals. This first floor is spacious and has a lot o potential for entertaining family and friends. On this level there is also guest toilet. Further into the property there are 3 double bedrooms. The master bedroom has an en suite bathroom and a walk in wardrobe. The second and third bedroom share the spacious bathroom which offers both a bath and shower. The unique feature of this property is that there is a basement area. This basement are has a further two bedrooms and it has its own entrance. Internally there are stairs leading down to the basement and externally there are stairs leading to the basement. This dual accessibility means that you can either rent the property out long term or you can be utilized the property as a detached villa. In the basement there are two double bedrooms both with en suite bathrooms each. There is an open kitchen area which flows into the dining area. The lounge area opens up the outside dining area where you can enjoy the relaxing atmosphere. The second bedroom has access to a second outside area too. There is also a storage room on this level. This property has been well maintained and is an ideal family home.
This 5 bedroom property is located in a quiet location on the edge of Chloraka village which is about a 5 minute drive to the beach and walking distance to the bus routes. Chloraka has tavernas, bars, shops and an Amphitheater celebrating Traditional festivals. Enter into the bungalow and you are met with a spacious dining area which flows into the living and kitchen area. The open kitchen is modern, has a lot of space for storage. It also has a breakfast bar which is ideal for quick meals. This first floor is spacious and has a lot o potential for entertaining family and friends. On this level there is also guest toilet. Further into the property there are 3 double bedrooms. The master bedroom has an en suite bathroom and a walk in wardrobe. The second and third bedroom share the spacious bathroom which offers both a bath and shower. The unique feature of this property is that there is a basement area. This basement are has a further two bedrooms and it has its own entrance. Internally there are stairs leading down to the basement and externally there are stairs leading to the basement. This dual accessibility means that you can either rent the property out long term or you can be utilized the property as a detached villa. In the basement there are two double bedrooms both with en suite bathrooms each. There is an open kitchen area which flows into the dining area. The lounge area opens up the outside dining area where you can enjoy the relaxing atmosphere. The second bedroom has access to a second outside area too. There is also a storage room on this level. This property has been well maintained and is an ideal family home.
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Currency Exchange
Chloraka, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £382,811 | £393,944 | £11,133 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £382,811 |
| Maximum cost in the last six months | £393,944 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,133 |
Chloraka, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £382,811 | £393,944 | £11,133 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £382,811 |
| Maximum cost in the last six months | £393,944 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,133 |
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 £11,133 more.
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