Bungalow

18/12, Paralimni, Famagusta, Cyprus

For Sale

€450,000

REF: 802755 €450,000


4

2

Description

4 bedroom, 2 bathroom bungalow with 50m2 swimming pool and TITLE DEEDS for land on a 630m2 plot in convenient location of Paralimni - PAR208This great sized bungalow is bursting with potential. The property has a fabulous established garden, offering shade under the covered veranda, with its decorative arches, which wrap around the side of the property.

There is a large outdoor area on one side, perfect for BBQ`s and even includes a Cyprus clay oven. The garden also has a pergola with electric points, a very useful outdoor space allowing for shade with views over the inviting swimming pool.The front door leads into a large open plan entrance hall, living and dining area, this cosy space includes a wood burner, corner bar and is a great size for entertaining guests or everyday family life.

The living room has 3 sets of patio doors leading to the front and side of the property and onto the large, covered, veranda overlooking the swimming pool. To the left of the living area are two bedrooms, master and second bedroom, both a great size with built in wardrobes, provisions for central heating and vaulted ceilings.

The master bedroom has an ensuite bathroom with bathtub, WC and sink with vanity unit. There is also a second bathroom again with bathtub, WC and sink with vanity unit.With a single step from the living area and through double, partition, doors is the large kitchen diner. Although needing some updating this is a great space and offers plenty of storage cupboards and workspace, it has endless potential.

The kitchen also offers access to the covered veranda and swimming pool terrace. From here there is a short corridor which accesses two further bedrooms and the third bathroom featuring a walk in shower, WC and sink with vanity unit. The third bedroom offers direct access through the patio doors to the swimming pool terrace.

The fourth bedroom, the largest of all, has been used by the current owners as a twin room which includes a sofa due to its size. All of the bedrooms have beautiful vaulted ceilings, adding a feeling of space and character.This property is offered for sale furnished including shutters, ceiling fans, recently installed air conditioning throughout as well as provisions for central heating in 2 bedrooms.

The property boasts off street parking for two cars one uncovered space and the other is in the shaded garage. There is also a handy outside store room as well as an outdoor shower, ideal after a day at the beach and before dipping into the swimming pool which is an absolute delight, all set on a very generous 630m2 plot.The property is situated in a central but quiet location of Paralimni.

Walking distance to all of the shops, restaurants, supermarkets, bus routes and banks of the town the convenient location does not get much better than this. Just a 15-20 minute drive to Ayia Napa or Protaras. This property would make an ideal family home or an investment opportunity.Viewings by appointment.PARALIMNIThe name Paralimni` means by the lake and is the site of a 15th century settlement.

The lake is part of the Natura 2000 natura network due to the large number of migrating birds and flamingos that can often be found during the wetter months. Paralimni is the administrative centre of the Famagusta region and a bustling town full of history and interesting twisty streets. There are a wealth of independent shops, cafes and delicious eateries in the town and you can easily wile away a few hours drinking coffee and watching the world go by.The main square hosts many events through the year including the annual Carnival.

This is a huge, fun affair 6 weeks before Orthodox Easter. Most of the local population can be found celebrating during Carnival week and the finale boasts a procession that takes over three hours to pass through the centre. In December, there is a winter wonderland` with rides, ice skating and stalls to drink hot wine and buy Christmas fancies.ABOUT THE FAMAGUSTA REGIONWhether you are planning to visit the Famagusta region of the Republic of Cyprus for the first time or you are already in love with the area, there is something here for everyone.The area is not known as the Jewel of the Eastern Mediterranean` for nothing! From the stunning cliffs of Cavo Greko (the most Easterly point of Europe) to quaint inland villages, to the 44 (yes 44!) white sandy Blue Flag beaches, the area holds something for every palette.

We have beautiful nature trails, water sports galore, amazing fresh cuisine, nightlife, one of the top waterparks in Europe, fishing harbours, a world class Marina and the list goes on and on! You are never far from anywhere in Famagusta, a maximum 15 minute drive to the nearest beach from even the most inland villages.Thousands of expats of all nationalities have made Cyprus their home over the years due to the warm local welcome, fantastic climate and host of things to do.

The bustling cities of Limassol, Larnaca and Nicosia are just over an hour away but here you can enjoy a more relaxed pace of life. Crime rates are amongst the lowest in Europe, English and Russian are widely spoken and there is always time for a chat, a coffee or a glass of wine in the sunshine. We look forward to introducing you to hidden gems of the area on your next visit.ISLAND HOMES ESTATE AGENTSIsland Homes have been working with both local and overseas buyers and sellers for over 20 years.

We specialise in property sales in the Famagusta region with seaside properties from Protaras to Ayia Napa; major towns including Paralimni and Deryneia and also covering all of the beautiful red soil villages` including Xylofagou, Vrysoulles, Frenaros, Avgorou, Dasaki Achna and Sotira. All of our team live locally and have worked together for many, many years.

We are also all immigrants to Cyprus and property owners ourselves so can guarantee that we have lived through the same experiences as that of our clients. We have in-depth knowledge of the area, the facilities, the amenities and, of course, every one of the properties that we advertise for sale. Prior to advertising we undertake a full due diligence on every home to ensure that we can fully inform our clients about the legal status of each house or apartment.Our reputation is hugely important to us so, for a truly personal experience, contact us and we will work together to find your dream home!
4 bedroom, 2 bathroom bungalow with 50m2 swimming pool and TITLE DEEDS for land on a 630m2 plot in convenient location of Paralimni - PAR208This great sized bungalow is bursting with potential. The property has a fabulous established garden, offering shade under the covered veranda, with its decorative arches, which wrap around the side of the property.

There is a large outdoor area on one side, perfect for BBQ`s and even includes a Cyprus clay oven. The garden also has a pergola with electric points, a very useful outdoor space allowing for shade with views over the inviting swimming pool.The front door leads into a large open plan entrance hall, living and dining area, this cosy space includes a wood burner, corner bar and is a great size for entertaining guests or everyday family life.

The living room has 3 sets of patio doors leading to the front and side of the property and onto the large, covered, veranda overlooking the swimming pool. To the left of the living area are two bedrooms, master and second bedroom, both a great size with built in wardrobes, provisions for central heating and vaulted ceilings.

The master bedroom has an ensuite bathroom with bathtub, WC and sink with vanity unit. There is also a second bathroom again with bathtub, WC and sink with vanity unit.With a single step from the living area and through double, partition, doors is the large kitchen diner. Although needing some updating this is a great space and offers plenty of storage cupboards and workspace, it has endless potential.

The kitchen also offers access to the covered veranda and swimming pool terrace. From here there is a short corridor which accesses two further bedrooms and the third bathroom featuring a walk in shower, WC and sink with vanity unit. The third bedroom offers direct access through the patio doors to the swimming pool terrace.

The fourth bedroom, the largest of all, has been used by the current owners as a twin room which includes a sofa due to its size. All of the bedrooms have beautiful vaulted ceilings, adding a feeling of space and character.This property is offered for sale furnished including shutters, ceiling fans, recently installed air conditioning throughout as well as provisions for central heating in 2 bedrooms.

The property boasts off street parking for two cars one uncovered space and the other is in the shaded garage. There is also a handy outside store room as well as an outdoor shower, ideal after a day at the beach and before dipping into the swimming pool which is an absolute delight, all set on a very generous 630m2 plot.The property is situated in a central but quiet location of Paralimni.

Walking distance to all of the shops, restaurants, supermarkets, bus routes and banks of the town the convenient location does not get much better than this. Just a 15-20 minute drive to Ayia Napa or Protaras. This property would make an ideal family home or an investment opportunity.Viewings by appointment.PARALIMNIThe name Paralimni` means by the lake and is the site of a 15th century settlement.

The lake is part of the Natura 2000 natura network due to the large number of migrating birds and flamingos that can often be found during the wetter months. Paralimni is the administrative centre of the Famagusta region and a bustling town full of history and interesting twisty streets. There are a wealth of independent shops, cafes and delicious eateries in the town and you can easily wile away a few hours drinking coffee and watching the world go by.The main square hosts many events through the year including the annual Carnival.

This is a huge, fun affair 6 weeks before Orthodox Easter. Most of the local population can be found celebrating during Carnival week and the finale boasts a procession that takes over three hours to pass through the centre. In December, there is a winter wonderland` with rides, ice skating and stalls to drink hot wine and buy Christmas fancies.ABOUT THE FAMAGUSTA REGIONWhether you are planning to visit the Famagusta region of the Republic of Cyprus for the first time or you are already in love with the area, there is something here for everyone.The area is not known as the Jewel of the Eastern Mediterranean` for nothing! From the stunning cliffs of Cavo Greko (the most Easterly point of Europe) to quaint inland villages, to the 44 (yes 44!) white sandy Blue Flag beaches, the area holds something for every palette.

We have beautiful nature trails, water sports galore, amazing fresh cuisine, nightlife, one of the top waterparks in Europe, fishing harbours, a world class Marina and the list goes on and on! You are never far from anywhere in Famagusta, a maximum 15 minute drive to the nearest beach from even the most inland villages.Thousands of expats of all nationalities have made Cyprus their home over the years due to the warm local welcome, fantastic climate and host of things to do.

The bustling cities of Limassol, Larnaca and Nicosia are just over an hour away but here you can enjoy a more relaxed pace of life. Crime rates are amongst the lowest in Europe, English and Russian are widely spoken and there is always time for a chat, a coffee or a glass of wine in the sunshine. We look forward to introducing you to hidden gems of the area on your next visit.ISLAND HOMES ESTATE AGENTSIsland Homes have been working with both local and overseas buyers and sellers for over 20 years.

We specialise in property sales in the Famagusta region with seaside properties from Protaras to Ayia Napa; major towns including Paralimni and Deryneia and also covering all of the beautiful red soil villages` including Xylofagou, Vrysoulles, Frenaros, Avgorou, Dasaki Achna and Sotira. All of our team live locally and have worked together for many, many years.

We are also all immigrants to Cyprus and property owners ourselves so can guarantee that we have lived through the same experiences as that of our clients. We have in-depth knowledge of the area, the facilities, the amenities and, of course, every one of the properties that we advertise for sale. Prior to advertising we undertake a full due diligence on every home to ensure that we can fully inform our clients about the legal status of each house or apartment.Our reputation is hugely important to us so, for a truly personal experience, contact us and we will work together to find your dream home!
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Property on Map

#5525

Currency Exchange

18/12, Paralimni, Famagusta, 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 £394,443 £11,633
Property Price € €450,000
Minimum cost in the last six months £382,811
Maximum cost in the last six months £394,443
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,633

18/12, Paralimni, Famagusta, 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 £394,443 £11,633
Property Price € €450,000
Minimum cost in the last six months £382,811
Maximum cost in the last six months £394,443
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,633

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 £11,633 more.

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