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For sale off plan, this modern bungalow offers 85 m2 of thoughtfully designed internal space
Frenaros, Famagusta, Cyprus
REF: 949366
€250,000
Description
For sale off plan, this modern bungalow offers 85 m2 of thoughtfully designed internal space. The property features two comfortable bedrooms and two stylish bathrooms, making it an ideal choice for couples, small families, or those looking to downsize without compromising on comfort. Located in the peaceful village of Frenaros, this bungalow provides a perfect balance between rural charm and convenience. Frenaros is known for its friendly community, local shops, and a relaxing atmosphere. The village is surrounded by beautiful countryside, yet offers easy access to larger towns and stunning coastline, making it a popular destination for those who enjoy a slower pace of life while staying close to essential amenities. Buying off plan gives you the opportunity to select your own finishes and create a home that suits your taste. The layout is practical and open, with bright living spaces and a sense of privacy. This home is designed for easy living. This property is advertised by Purple International Real Estate, a trusted name in the area known for professional service. Contact us today to learn more about this exciting opportunity in Frenaros.
For sale off plan, this modern bungalow offers 85 m2 of thoughtfully designed internal space. The property features two comfortable bedrooms and two stylish bathrooms, making it an ideal choice for couples, small families, or those looking to downsize without compromising on comfort. Located in the peaceful village of Frenaros, this bungalow provides a perfect balance between rural charm and convenience. Frenaros is known for its friendly community, local shops, and a relaxing atmosphere. The village is surrounded by beautiful countryside, yet offers easy access to larger towns and stunning coastline, making it a popular destination for those who enjoy a slower pace of life while staying close to essential amenities. Buying off plan gives you the opportunity to select your own finishes and create a home that suits your taste. The layout is practical and open, with bright living spaces and a sense of privacy. This home is designed for easy living. This property is advertised by Purple International Real Estate, a trusted name in the area known for professional service. Contact us today to learn more about this exciting opportunity 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 €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 |
|---|---|---|---|
| €250,000 | £206,363 | £217,028 | £10,665 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £206,363 |
| Maximum cost in the last six months | £217,028 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,665 |
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 €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 |
|---|---|---|---|
| €250,000 | £206,363 | £217,028 | £10,665 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £206,363 |
| Maximum cost in the last six months | £217,028 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,665 |
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 £10,665 more.
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