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2 Bedroom Apartment in Melanos - Chloraka
Chloraka, Paphos, Cyprus
REF: 744337
€139,000
Description
REDUCED FROM €150,000 TO €139,000 This 2 bedroom apartment is located in a medium size complex with a communal swimming pool in Melanos area of Chloraka, which is approx 7 mins drive from the tourist area, but walking distance into the main village of Chloraka with tavernas, bars and amenities. First floor apartment with a spacious open plan lounge/ dining/ kitchen area with access to a covered balcony for relaxation with sea views and a second balcony off the kitchen area. 2 double bedrooms and a full family bathroom. Designated covered parking 10m2 storeroom accessed from the parking area 68m2 covered and 13m2 covered veranda Includes, solar heated water system, air conditioning, ceiling fans, fly screens, storeroom, fully furnished and FULL TITLE DEEDS AVAILABLE FOR VIEWINGS AFTER 20.11.2023
REDUCED FROM €150,000 TO €139,000 This 2 bedroom apartment is located in a medium size complex with a communal swimming pool in Melanos area of Chloraka, which is approx 7 mins drive from the tourist area, but walking distance into the main village of Chloraka with tavernas, bars and amenities. First floor apartment with a spacious open plan lounge/ dining/ kitchen area with access to a covered balcony for relaxation with sea views and a second balcony off the kitchen area. 2 double bedrooms and a full family bathroom. Designated covered parking 10m2 storeroom accessed from the parking area 68m2 covered and 13m2 covered veranda Includes, solar heated water system, air conditioning, ceiling fans, fly screens, storeroom, fully furnished and FULL TITLE DEEDS AVAILABLE FOR VIEWINGS AFTER 20.11.2023
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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 €139,000 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 |
|---|---|---|---|
| €139,000 | £118,246 | £121,685 | £3,439 |
| Property Price € | €139,000 |
| Minimum cost in the last six months | £118,246 |
| Maximum cost in the last six months | £121,685 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,439 |
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 €139,000 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 |
|---|---|---|---|
| €139,000 | £118,246 | £121,685 | £3,439 |
| Property Price € | €139,000 |
| Minimum cost in the last six months | £118,246 |
| Maximum cost in the last six months | £121,685 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,439 |
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 £3,439 more.
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