Villa/House in Chlorakas

5568, Cyprus

For Sale

€770,000

REF: 795793 €770,000


4

3

171 m2

Description

New under construction 4 bedroom villa in Chloraka, Paphos. Delivery - February 2023. This brand new development consisting of seven modern villas is located in Chloraka, in a green setting just 200m from the sea, where a domestic master plan for breakwater infrastructure and a sandy beach is currently being finalized.

Similar but not identical in terms of architectural lines and style to create an aesthetically appealing impression, each two-storey villa is based on a spacious 3/4 bedroom layout and open-plan living area. Step outside onto the patio to relax and cool off in your own private pool with surrounding sunbathing area.

The seven villas are set on two levels, granting sea views from the bedrooms on the upper floor. Price + VAT SPECIAL FEATURES Seismic construction standards B+ energy performance in accordance with 2020 regulations, which includes roof, balcony and wall insulation, double glazed windows, and other energy saving specifications Security entrance Thermal Alluminium sliding doors & windows Built-in wardrobes Italian kitchens / cabinets European sanitary ware, fittings and accessories Solar and electric water heating with pressurized water system LED technology and European fittings for all interior and exterior lighting VRV system Hot/Cold, telephone, TV, alarm system Private Pools WHERE YOU ARE 200m from nearest beach Close to mini-golf 1km from Aspire English School 3km / 5min drive from Paphos town centre 3km from extended sands of Coral Bay beach 3km from the site of the planned new Paphos Marina 20km from Paphos Airport Paphos, located on the southwestern coast of Cyprus, is a captivating destination that offers numerous compelling reasons to consider buying property.

With its rich history, stunning natural beauty, favourable climate, and flourishing real estate market, Paphos has become an increasingly popular choice for investors and homebuyers alike. Here are some key reasons why buying in Paphos is a great decision: 1. Mediterranean Paradise: Paphos boasts a breathtaking coastline with pristine beaches, crystal-clear waters, and dramatic cliffs.

The region offers an idyllic Mediterranean lifestyle with plenty of opportunities for swimming, snorkelling, sailing, and enjoying leisurely beach walks. The stunning sunsets and year-round mild climate further enhance the allure of living in this coastal paradise. 2. Historical and Cultural Heritage: Paphos is brimming with history and is recognized as a UNESCO World Heritage Site.

It is home to remarkable archaeological sites, including the ancient Tombs of the Kings, the intricate mosaics of the Paphos Archaeological Park, and the famous Petra tou Romiou, said to be the birthplace of Aphrodite, the Greek goddess of love and beauty. Living in Paphos means immersing oneself in a rich tapestry of culture and heritage.

3. Investment Potential: Paphos has experienced a surge in real estate development in recent years, making it an excellent investment opportunity. The city offers a wide range of properties, from luxurious beachfront villas to modern apartments and charming townhouses. The thriving tourism industry, significant infrastructure investments, and the growing number of visitors contribute to the strong rental demand, ensuring a steady income stream for property owners.

4. High Quality of Life: Paphos offers an exceptional quality of life with its excellent healthcare facilities, international schools, and a wide range of leisure and recreational activities. The city boasts a vibrant culinary scene, with numerous restaurants serving both traditional Cypriot cuisine and international delicacies. The low crime rate, welcoming local community, and relaxed pace of life add to the city's appeal for families, retirees, and professionals.
New under construction 4 bedroom villa in Chloraka, Paphos. Delivery - February 2023. This brand new development consisting of seven modern villas is located in Chloraka, in a green setting just 200m from the sea, where a domestic master plan for breakwater infrastructure and a sandy beach is currently being finalized.

Similar but not identical in terms of architectural lines and style to create an aesthetically appealing impression, each two-storey villa is based on a spacious 3/4 bedroom layout and open-plan living area. Step outside onto the patio to relax and cool off in your own private pool with surrounding sunbathing area.

The seven villas are set on two levels, granting sea views from the bedrooms on the upper floor. Price + VAT SPECIAL FEATURES Seismic construction standards B+ energy performance in accordance with 2020 regulations, which includes roof, balcony and wall insulation, double glazed windows, and other energy saving specifications Security entrance Thermal Alluminium sliding doors & windows Built-in wardrobes Italian kitchens / cabinets European sanitary ware, fittings and accessories Solar and electric water heating with pressurized water system LED technology and European fittings for all interior and exterior lighting VRV system Hot/Cold, telephone, TV, alarm system Private Pools WHERE YOU ARE 200m from nearest beach Close to mini-golf 1km from Aspire English School 3km / 5min drive from Paphos town centre 3km from extended sands of Coral Bay beach 3km from the site of the planned new Paphos Marina 20km from Paphos Airport Paphos, located on the southwestern coast of Cyprus, is a captivating destination that offers numerous compelling reasons to consider buying property.

With its rich history, stunning natural beauty, favourable climate, and flourishing real estate market, Paphos has become an increasingly popular choice for investors and homebuyers alike. Here are some key reasons why buying in Paphos is a great decision: 1. Mediterranean Paradise: Paphos boasts a breathtaking coastline with pristine beaches, crystal-clear waters, and dramatic cliffs.

The region offers an idyllic Mediterranean lifestyle with plenty of opportunities for swimming, snorkelling, sailing, and enjoying leisurely beach walks. The stunning sunsets and year-round mild climate further enhance the allure of living in this coastal paradise. 2. Historical and Cultural Heritage: Paphos is brimming with history and is recognized as a UNESCO World Heritage Site.

It is home to remarkable archaeological sites, including the ancient Tombs of the Kings, the intricate mosaics of the Paphos Archaeological Park, and the famous Petra tou Romiou, said to be the birthplace of Aphrodite, the Greek goddess of love and beauty. Living in Paphos means immersing oneself in a rich tapestry of culture and heritage.

3. Investment Potential: Paphos has experienced a surge in real estate development in recent years, making it an excellent investment opportunity. The city offers a wide range of properties, from luxurious beachfront villas to modern apartments and charming townhouses. The thriving tourism industry, significant infrastructure investments, and the growing number of visitors contribute to the strong rental demand, ensuring a steady income stream for property owners.

4. High Quality of Life: Paphos offers an exceptional quality of life with its excellent healthcare facilities, international schools, and a wide range of leisure and recreational activities. The city boasts a vibrant culinary scene, with numerous restaurants serving both traditional Cypriot cuisine and international delicacies. The low crime rate, welcoming local community, and relaxed pace of life add to the city's appeal for families, retirees, and professionals.
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Currency Exchange

5568, 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 €770,000 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
€770,000 £655,031 £674,897 £19,866
Property Price € €770,000
Minimum cost in the last six months £655,031
Maximum cost in the last six months £674,897
Fluctuating exchange rates over the last six months could have increased the cost of this property by £19,866

5568, 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 €770,000 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
€770,000 £655,031 £674,897 £19,866
Property Price € €770,000
Minimum cost in the last six months £655,031
Maximum cost in the last six months £674,897
Fluctuating exchange rates over the last six months could have increased the cost of this property by £19,866

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 £19,866 more.

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