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For sale is a modern off-plan bungalow in the peaceful village of Frenaros
Frenaros, Famagusta, Cyprus
REF: 949365
€320,000
Description
For sale is a modern off-plan bungalow in the peaceful village of Frenaros. This property offers 120 square meters of internal living space, thoughtfully designed for comfortable and stylish living. The home features three spacious bedrooms, two contemporary bathrooms, and a large open-plan layout, making it perfect for families or anyone seeking a relaxed lifestyle. The bungalow boasts sleek finishes and modern architecture, set to be completed in 2027. Large windows invite natural light into every room, creating a bright and welcoming atmosphere. The thoughtful design maximizes both privacy and functionality, ensuring every square meter is well utilized. Frenaros is a charming area known for its friendly community and scenic surroundings. Here, you can enjoy a slower pace of life with local shops, traditional tavernas, and lovely countryside views. The area is ideal for those who appreciate tranquility while still being close to essential amenities and beautiful coastal destinations. This exclusive property is offered by Purple International Real Estate, a trusted name in quality homes. Contact us today for more details or to arrange a viewing of your future home in Frenaros.
For sale is a modern off-plan bungalow in the peaceful village of Frenaros. This property offers 120 square meters of internal living space, thoughtfully designed for comfortable and stylish living. The home features three spacious bedrooms, two contemporary bathrooms, and a large open-plan layout, making it perfect for families or anyone seeking a relaxed lifestyle. The bungalow boasts sleek finishes and modern architecture, set to be completed in 2027. Large windows invite natural light into every room, creating a bright and welcoming atmosphere. The thoughtful design maximizes both privacy and functionality, ensuring every square meter is well utilized. Frenaros is a charming area known for its friendly community and scenic surroundings. Here, you can enjoy a slower pace of life with local shops, traditional tavernas, and lovely countryside views. The area is ideal for those who appreciate tranquility while still being close to essential amenities and beautiful coastal destinations. This exclusive property is offered by Purple International Real Estate, a trusted name in quality homes. Contact us today for more details or to arrange a viewing of your future home in Frenaros.
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Currency Exchange
Frenaros, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £264,144 | £277,795 | £13,651 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £264,144 |
| Maximum cost in the last six months | £277,795 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,651 |
Frenaros, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £264,144 | £277,795 | £13,651 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £264,144 |
| Maximum cost in the last six months | £277,795 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,651 |
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 £13,651 more.
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