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For sale: A modern, off-plan apartment located on the ground floor with a spacious internal area of 120 m
Protaras, Famagusta, Cyprus
REF: 926556
€1,250,000
Description
For sale: A modern, off-plan apartment located on the ground floor with a spacious internal area of 120 m . This stunning home features five bedrooms and four bathrooms, making it perfect for families or anyone seeking extra space. The property also includes a basement, offering additional storage or flexible living options to suit your needs. Set in the beautiful sea-front area of Protaras, this apartment benefits from incredible sea views and close proximity to sandy beaches. Protaras is well known for its welcoming atmosphere, vibrant lifestyle, and an excellent selection of shops, restaurants, and entertainment options just a short walk from your doorstep. The area offers a relaxing coastal environment, ideal for both holidays and year-round living. This ground-floor home is part of a secure, gated complex and offers access to first-class communal facilities, including a swimming pool and a fully equipped gym. Construction will be completed in 2026, providing you with a brand-new, contemporary living space tailored to modern comfort. This property is offered by Purple International Real Estate. Do not miss the chance to secure your place in one of Protaras' most desirable new developments. Contact us to arrange more information or a viewing.
For sale: A modern, off-plan apartment located on the ground floor with a spacious internal area of 120 m . This stunning home features five bedrooms and four bathrooms, making it perfect for families or anyone seeking extra space. The property also includes a basement, offering additional storage or flexible living options to suit your needs. Set in the beautiful sea-front area of Protaras, this apartment benefits from incredible sea views and close proximity to sandy beaches. Protaras is well known for its welcoming atmosphere, vibrant lifestyle, and an excellent selection of shops, restaurants, and entertainment options just a short walk from your doorstep. The area offers a relaxing coastal environment, ideal for both holidays and year-round living. This ground-floor home is part of a secure, gated complex and offers access to first-class communal facilities, including a swimming pool and a fully equipped gym. Construction will be completed in 2026, providing you with a brand-new, contemporary living space tailored to modern comfort. This property is offered by Purple International Real Estate. Do not miss the chance to secure your place in one of Protaras' most desirable new developments. Contact us to arrange more information or a viewing.
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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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,031,813 | £1,085,113 | £53,300 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,031,813 |
| Maximum cost in the last six months | £1,085,113 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £53,300 |
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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,031,813 | £1,085,113 | £53,300 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,031,813 |
| Maximum cost in the last six months | £1,085,113 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £53,300 |
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 £53,300 more.
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