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Discover a unique opportunity to own a stunning ground floor boutique apartment in the highly sought-after Profitis Elias area of Protaras
Protaras, Famagusta, Cyprus
REF: 931074
€350,000
Description
Discover a unique opportunity to own a stunning ground floor boutique apartment in the highly sought-after Profitis Elias area of Protaras. Ideally positioned just a short walk from crystal-clear sandy beaches and a plethora of amenities, this beautifully renovated property offers the perfect blend of comfort, style, and convenience in one of Cyprus's most desirable coastal destinations. The bright and airy interior features a spacious open-plan living, dining, and kitchen layout designed to enhance natural light and create a seamless flow throughout the home. The modern kitchen comes fully equipped with high-end appliances, ideal for everyday living and entertaining. With two well-appointed bedrooms, including a master with a luxurious ensuite and a second bedroom served by a contemporary family bathroom, this residence ensures complete comfort for residents and guests alike. Recently renovated with an eye for quality and detail, the home also includes a private landscaped garden, designated parking space, and a charming pergola that offers a true sense of outdoor living. Though technically an apartment, the expansive layout and private features provide the comfort and ambiance of a standalone home. Fully furnished and ready for immediate occupancy, this property is an exceptional investment opportunity or an ideal choice for those looking to embrace a premium lifestyle in Protaras.
Discover a unique opportunity to own a stunning ground floor boutique apartment in the highly sought-after Profitis Elias area of Protaras. Ideally positioned just a short walk from crystal-clear sandy beaches and a plethora of amenities, this beautifully renovated property offers the perfect blend of comfort, style, and convenience in one of Cyprus's most desirable coastal destinations. The bright and airy interior features a spacious open-plan living, dining, and kitchen layout designed to enhance natural light and create a seamless flow throughout the home. The modern kitchen comes fully equipped with high-end appliances, ideal for everyday living and entertaining. With two well-appointed bedrooms, including a master with a luxurious ensuite and a second bedroom served by a contemporary family bathroom, this residence ensures complete comfort for residents and guests alike. Recently renovated with an eye for quality and detail, the home also includes a private landscaped garden, designated parking space, and a charming pergola that offers a true sense of outdoor living. Though technically an apartment, the expansive layout and private features provide the comfort and ambiance of a standalone home. Fully furnished and ready for immediate occupancy, this property is an exceptional investment opportunity or an ideal choice for those looking to embrace a premium lifestyle in Protaras.
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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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,876 | £303,832 | £14,956 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,876 |
| Maximum cost in the last six months | £303,832 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,956 |
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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,876 | £303,832 | £14,956 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,876 |
| Maximum cost in the last six months | £303,832 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,956 |
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 £14,956 more.
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