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A beautiful 5 bedroom villa located in a quiet location in Protaras, just a few minutes' drive to the resort centre and the sandy beaches This exclusive and modern designed property is set on a huge 1,590 square meter private plot and the covered area including the garage is an impressive 300 squar
Protaras, Famagusta, Cyprus
REF: 926302
€1,100,000
Description
A beautiful 5 bedroom villa located in a quiet location in Protaras, just a few minutes' drive to the resort centre and the sandy beaches This exclusive and modern designed property is set on a huge 1,590 square meter private plot and the covered area including the garage is an impressive 300 square meters. Entering the villa is the large open plan living room with fireplace leading through to the dining area with the kitchen offset to the side. The kitchen and living areas have garden access and there is an entrance to the garage from the kitchen. The ground floor also has a bedroom and a guest WC. The first floor has 4 spacious bedrooms, two of the bedrooms have en-suite facilities and there is a large family bathroom. The corridor leads to a terrace where fantastic views can be enjoyed. Leading to the outside is a mature garden with a large swimming pool and there is plenty of space for enjoying the outside Mediterranean lifestyle. A perfect choice for permanent or holiday residence.
A beautiful 5 bedroom villa located in a quiet location in Protaras, just a few minutes' drive to the resort centre and the sandy beaches This exclusive and modern designed property is set on a huge 1,590 square meter private plot and the covered area including the garage is an impressive 300 square meters. Entering the villa is the large open plan living room with fireplace leading through to the dining area with the kitchen offset to the side. The kitchen and living areas have garden access and there is an entrance to the garage from the kitchen. The ground floor also has a bedroom and a guest WC. The first floor has 4 spacious bedrooms, two of the bedrooms have en-suite facilities and there is a large family bathroom. The corridor leads to a terrace where fantastic views can be enjoyed. Leading to the outside is a mature garden with a large swimming pool and there is plenty of space for enjoying the outside Mediterranean lifestyle. A perfect choice for permanent or holiday residence.
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Currency Exchange
Protaras, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £907,896 | £954,899 | £47,003 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £907,896 |
| Maximum cost in the last six months | £954,899 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £47,003 |
Protaras, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £907,896 | £954,899 | £47,003 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £907,896 |
| Maximum cost in the last six months | £954,899 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £47,003 |
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 £47,003 more.
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