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This new luxury gated villa project, offers a rare opportunity for discerning investors and those seeking a life of quiet opulence
Geroskipou, Paphos, Cyprus
REF: 952170
€900,000
Description
This new luxury gated villa project, offers a rare opportunity for discerning investors and those seeking a life of quiet opulence. Nestled near the tranquil coastline, this exclusive community comprises 40 magnificent villas designed to perfection. Located in the Kato Paphos, Lower Geroskipou area, close to all amenities. Each villa is equipped with advanced features like VRF and underfloor heating, ensuring a comfortable living environment throughout the year. The commitment to high-quality construction is evident in every detail, promising enduring elegance. Security is a priority with 24/7 surveillance, providing residents with peace of mind. Beyond your doorstep, the sea and promenade are within walking distance, allowing you to savor the coastal ambiance. For a touch of community and dining, the project features a clubhouse with a restaurant and bar. With large plots and multiple villa configurations, you can customize your dream home to suit your unique lifestyle. Geroskipou is a coastal town east of Paphos and is the second largest municipality in the District. This village has a number of characteristics namely its remarkable five-domed Byzantine church of Agia Paraskevi, a folk museum and large traditional square. The area is also known for the production of Turkish Delight or lokum as its known locally. There are plenty of shops, kiosks, restaurants and bars in this village as well as many areas of secluded coastline.
This new luxury gated villa project, offers a rare opportunity for discerning investors and those seeking a life of quiet opulence. Nestled near the tranquil coastline, this exclusive community comprises 40 magnificent villas designed to perfection. Located in the Kato Paphos, Lower Geroskipou area, close to all amenities. Each villa is equipped with advanced features like VRF and underfloor heating, ensuring a comfortable living environment throughout the year. The commitment to high-quality construction is evident in every detail, promising enduring elegance. Security is a priority with 24/7 surveillance, providing residents with peace of mind. Beyond your doorstep, the sea and promenade are within walking distance, allowing you to savor the coastal ambiance. For a touch of community and dining, the project features a clubhouse with a restaurant and bar. With large plots and multiple villa configurations, you can customize your dream home to suit your unique lifestyle. Geroskipou is a coastal town east of Paphos and is the second largest municipality in the District. This village has a number of characteristics namely its remarkable five-domed Byzantine church of Agia Paraskevi, a folk museum and large traditional square. The area is also known for the production of Turkish Delight or lokum as its known locally. There are plenty of shops, kiosks, restaurants and bars in this village as well as many areas of secluded coastline.
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Currency Exchange
Geroskipou, Paphos, 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 €900,000 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 |
|---|---|---|---|
| €900,000 | £742,905 | £781,281 | £38,376 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £742,905 |
| Maximum cost in the last six months | £781,281 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,376 |
Geroskipou, Paphos, 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 €900,000 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 |
|---|---|---|---|
| €900,000 | £742,905 | £781,281 | £38,376 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £742,905 |
| Maximum cost in the last six months | £781,281 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,376 |
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 £38,376 more.
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