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Ayia Napa, Famagusta - From 625,000
Ayia Napa, Famagusta, Cyprus
REF: 820969
€625,000
Description
Two Bedroom Ground Floor Apartment For Sale in Ayia Napa, Famagusta - Title Deeds (New Build Process)This is one of three similar but not identical low-rise blocks within a contemporary gated development in Ayia Napa, a prominent beach resort on Cyprus's southeastern coast. Within walking distance... Two Bedroom Ground Floor Apartment For Sale in Ayia Napa, Famagusta - Title Deeds (New Build Process)This is one of three similar but not identical low-rise blocks within a contemporary gated development in Ayia Napa, a prominent beach resort on Cyprus's southeastern coast. Within walking distance are several restaurants, banks, gift stores, bakeries, and a medical clinic. The resort's magnificent sandy beach with the azure Mediterranean ocean is about 500m away. Larnaca International Airport is about a 35-minute drive away.There are five units in total: two cozy two-bedroom apartments on the ground floor, two comfortable one-bedroom apartments on the first floor, and a spacious three-bedroom penthouse with roof terrace on the third story. Residents also have access to a 25.5m x 7m common pool with sun terrace as well as designated parking for each unit. In terms of lifestyle and closeness to the beach, the resort center, and the airport, no other modern building in the region compares. The apartments are available completely furnished and will appeal to investors looking for a property that can provide a good return through vacation rentals.- Master bedroom with ensuite and fitted wardrobes- 1 Bedroom with fitted wardrobes- Open plan living - dining - kitchen area- Fully equipped kitchen- Family bathroom- Air conditioning units- Fully furnished- Communal pool- Private parking- Gated complex- Internal area 88 m2- Uncovered balcony 36 m- Covered balcony 12 m2- Communal fees TBC- Walking distance to local shops and amenities- 3 Minutes to the sea and beach- 4 Minutes to Ayia Napa Square- 9 Minutes to Ayia Napa Marina- 38 Minutes to Larnaca International Airport- Suitable for Cyprus Permanent Residency- No VAT- Energy Efficiency B+Ayia NapaTransformed from a traditional fishing village, Ayia Napa is now a lively resort that has something for everyone. The centre of the town is built around a medieval monastery which was built in the form of a medieval castle around 1500 AD. Ayia Napa also boasts a traditional harbour, beautiful beaches including the famous Nissi Beach, a Sculpture Park, children's Luna Park and is home to the award winning Waterworld themed water park. The harbour has been fully pedestrianised with cafes and fish tavernas lining the front and a wooden walkway travels the length of the harbour and continues to neighbouring Ayia Thekla and the new Marina.------------* Title Deeds (New Build Process)* Communal Pool* Short Drive to the Beach* Suitable for Cyprus Permanent Residency* No VAT* Resale* Energy Efficiency B+Ayia NapaAyia NapaCounty: FamagustaSale Type: For SaleRef #: VEL002R2G/BlockA
Two Bedroom Ground Floor Apartment For Sale in Ayia Napa, Famagusta - Title Deeds (New Build Process)This is one of three similar but not identical low-rise blocks within a contemporary gated development in Ayia Napa, a prominent beach resort on Cyprus's southeastern coast. Within walking distance... Two Bedroom Ground Floor Apartment For Sale in Ayia Napa, Famagusta - Title Deeds (New Build Process)This is one of three similar but not identical low-rise blocks within a contemporary gated development in Ayia Napa, a prominent beach resort on Cyprus's southeastern coast. Within walking distance are several restaurants, banks, gift stores, bakeries, and a medical clinic. The resort's magnificent sandy beach with the azure Mediterranean ocean is about 500m away. Larnaca International Airport is about a 35-minute drive away.There are five units in total: two cozy two-bedroom apartments on the ground floor, two comfortable one-bedroom apartments on the first floor, and a spacious three-bedroom penthouse with roof terrace on the third story. Residents also have access to a 25.5m x 7m common pool with sun terrace as well as designated parking for each unit. In terms of lifestyle and closeness to the beach, the resort center, and the airport, no other modern building in the region compares. The apartments are available completely furnished and will appeal to investors looking for a property that can provide a good return through vacation rentals.- Master bedroom with ensuite and fitted wardrobes- 1 Bedroom with fitted wardrobes- Open plan living - dining - kitchen area- Fully equipped kitchen- Family bathroom- Air conditioning units- Fully furnished- Communal pool- Private parking- Gated complex- Internal area 88 m2- Uncovered balcony 36 m- Covered balcony 12 m2- Communal fees TBC- Walking distance to local shops and amenities- 3 Minutes to the sea and beach- 4 Minutes to Ayia Napa Square- 9 Minutes to Ayia Napa Marina- 38 Minutes to Larnaca International Airport- Suitable for Cyprus Permanent Residency- No VAT- Energy Efficiency B+Ayia NapaTransformed from a traditional fishing village, Ayia Napa is now a lively resort that has something for everyone. The centre of the town is built around a medieval monastery which was built in the form of a medieval castle around 1500 AD. Ayia Napa also boasts a traditional harbour, beautiful beaches including the famous Nissi Beach, a Sculpture Park, children's Luna Park and is home to the award winning Waterworld themed water park. The harbour has been fully pedestrianised with cafes and fish tavernas lining the front and a wooden walkway travels the length of the harbour and continues to neighbouring Ayia Thekla and the new Marina.------------* Title Deeds (New Build Process)* Communal Pool* Short Drive to the Beach* Suitable for Cyprus Permanent Residency* No VAT* Resale* Energy Efficiency B+Ayia NapaAyia NapaCounty: FamagustaSale Type: For SaleRef #: VEL002R2G/BlockA
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Currency Exchange
Ayia Napa, 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 €625,000 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 |
|---|---|---|---|
| €625,000 | £531,681 | £547,806 | £16,125 |
| Property Price € | €625,000 |
| Minimum cost in the last six months | £531,681 |
| Maximum cost in the last six months | £547,806 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,125 |
Ayia Napa, 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 €625,000 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 |
|---|---|---|---|
| €625,000 | £531,681 | £547,806 | £16,125 |
| Property Price € | €625,000 |
| Minimum cost in the last six months | £531,681 |
| Maximum cost in the last six months | £547,806 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,125 |
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 £16,125 more.
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