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House, For Sale, Famagusta, Agia Thekla
Agia Thekla, Cyprus
REF: 771785
€2,000,000
Description
Situated a mere stones throw from the turquoise waters of the Mediterranean Sea in Ayia Thekla, a village resplendent with natural beauty and charm, the Seafront Villas are truly a sight to see. Inspired by the beauty of classic Greek architecture, this awe-inspiring project of 70 detached villas, set out in three phases, has been meticulously designed to take advantage of the areas panoramic sea views. One cannot miss this impressive community of three floor villas. Imposing in their stature, much like the classic architecture from whence they have drawn inspiration, each of the Seafront Villas cover an area of 165 square meters within a generous 550 square meter plot. They boast four bedrooms and three bathrooms, as well as all the latest technology of a fully outfitted smart home. Though the Blue Flag beaches for which the area is famous are close enough to be the back yard of these homes, residents can also choose to take a dip in their own overflow swimming pools. The peaceful area of Ayia Thekla has made a name for itself as a prime location for residential and holiday homes, thanks to its extensive natural beauty and close proximity to the Ayia Napa Marina. Despite this surge in popularity however, the area has retained its village charm, and remains a peaceful haven of incredible beauty. It is within easy reach of the islands main highway, and just a five-minute drive from the bustling holiday resort of Ayia Napa, where one can find a plethora of shopping, dining and nightlife options year round. The neighboring resort of Protaras is a mere 15-minute drive away, as is the town of Paralimi, ensuring that all amenities are within reach in all directions.
Situated a mere stones throw from the turquoise waters of the Mediterranean Sea in Ayia Thekla, a village resplendent with natural beauty and charm, the Seafront Villas are truly a sight to see. Inspired by the beauty of classic Greek architecture, this awe-inspiring project of 70 detached villas, set out in three phases, has been meticulously designed to take advantage of the areas panoramic sea views. One cannot miss this impressive community of three floor villas. Imposing in their stature, much like the classic architecture from whence they have drawn inspiration, each of the Seafront Villas cover an area of 165 square meters within a generous 550 square meter plot. They boast four bedrooms and three bathrooms, as well as all the latest technology of a fully outfitted smart home. Though the Blue Flag beaches for which the area is famous are close enough to be the back yard of these homes, residents can also choose to take a dip in their own overflow swimming pools. The peaceful area of Ayia Thekla has made a name for itself as a prime location for residential and holiday homes, thanks to its extensive natural beauty and close proximity to the Ayia Napa Marina. Despite this surge in popularity however, the area has retained its village charm, and remains a peaceful haven of incredible beauty. It is within easy reach of the islands main highway, and just a five-minute drive from the bustling holiday resort of Ayia Napa, where one can find a plethora of shopping, dining and nightlife options year round. The neighboring resort of Protaras is a mere 15-minute drive away, as is the town of Paralimi, ensuring that all amenities are within reach in all directions.
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Currency Exchange
Agia Thekla, 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 €2,000,000 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 |
|---|---|---|---|
| €2,000,000 | £1,701,380 | £1,753,080 | £51,700 |
| Property Price € | €2,000,000 |
| Minimum cost in the last six months | £1,701,380 |
| Maximum cost in the last six months | £1,753,080 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £51,700 |
Agia Thekla, 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 €2,000,000 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 |
|---|---|---|---|
| €2,000,000 | £1,701,380 | £1,753,080 | £51,700 |
| Property Price € | €2,000,000 |
| Minimum cost in the last six months | £1,701,380 |
| Maximum cost in the last six months | £1,753,080 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £51,700 |
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 £51,700 more.
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