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House, For Sale, Famagusta, Protaras
Protaras, Cyprus
REF: 772396
€775,000
Description
Newly completed 5 bed detached villa with private pool. The final inspection certificate has been acquired. The gated complex is inProtarasand is surrounded by the quaint landscape and placid charm. Exquisite beaches with crystal clear water are just 250 m away. The luxurious villas have all the nearby attractions just a few strides away. The seaside promenade is excellent for a twilight stroll along with all the amenities nearby, including dining, charming bars and taverns, entertainment arcades, retail supermarket, and so forth. Protaras can be proudly referred to as the most prominent tourist resort of Cyprus with the renowned Blue Flag status, and the Fig Tree Bay. Along with the impressive views of Protaras, the awarded beaches and the reputed party town of Ayia Napa, which is the prime spot of nightlife and the adjacent facilities make these villas the finest pick, for both holiday home and residential house.
Newly completed 5 bed detached villa with private pool. The final inspection certificate has been acquired. The gated complex is inProtarasand is surrounded by the quaint landscape and placid charm. Exquisite beaches with crystal clear water are just 250 m away. The luxurious villas have all the nearby attractions just a few strides away. The seaside promenade is excellent for a twilight stroll along with all the amenities nearby, including dining, charming bars and taverns, entertainment arcades, retail supermarket, and so forth. Protaras can be proudly referred to as the most prominent tourist resort of Cyprus with the renowned Blue Flag status, and the Fig Tree Bay. Along with the impressive views of Protaras, the awarded beaches and the reputed party town of Ayia Napa, which is the prime spot of nightlife and the adjacent facilities make these villas the finest pick, for both holiday home and residential house.
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Currency Exchange
Protaras, 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 €775,000 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 |
|---|---|---|---|
| €775,000 | £659,285 | £679,280 | £19,995 |
| Property Price € | €775,000 |
| Minimum cost in the last six months | £659,285 |
| Maximum cost in the last six months | £679,280 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,995 |
Protaras, 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 €775,000 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 |
|---|---|---|---|
| €775,000 | £659,285 | £679,280 | £19,995 |
| Property Price € | €775,000 |
| Minimum cost in the last six months | £659,285 |
| Maximum cost in the last six months | £679,280 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,995 |
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 £19,995 more.
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