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Located at a prime residential area in Geroskipou- Agia Marinouda, Paphos, just a stone's throw away from Elea Golf Course! Only 5 minutes away from the most popular sandy beach of Paphos and the city center and with easy access to Limassol highway
Agia Marinouda, Paphos, Cyprus
REF: 952187
€445,000
Description
Located at a prime residential area in Geroskipou- Agia Marinouda, Paphos, just a stone's throw away from Elea Golf Course! Only 5 minutes away from the most popular sandy beach of Paphos and the city center and with easy access to Limassol highway. All facilities are within a few minutes walking distance, such as supermarket, kiosks, coffee shops, bakeries, butchery, golf and much more! This fantastic development consists of 3 or 4 bedroom detached residences with a beautiful and modern design. Features include: Peaceful residential area Spacious living areas and verandas External thermal insulation False ceilings Underfloor Heating Freematch -VRV type A/C Alarm systeM Water Pressure system Wall mounted toilets & walk in showers Provision for electrical car charger Laminate floors in bedrooms Semi-Covered parking space Optional swimming pool Provision for photovoltaic system Energy Certificate A Agia Marinouda- Geroskipou- enjoys an idyllic location on a hill facing the sea. Guests of the village as well as its permanent residents can enjoy the cool breeze that blows during the summer months a special feature of the village. The village church is dedicated to St. Marina, from which the village also took its name. Apart from the rural areas, the village was characterized by many mulberries, both white and black. The first selection had white and sometimes red fruits, while the second reached as high as ten meters. Both types are excellent food sources for silkworms. Therefore, the residents of St. Marinouda cultivated mulberry for silkworms with the ultimate aim of producing silk. Their effort contributed to the fact that the silk factory was only a very short distance away and where, until recently, the Centre for the Education of Recruits (CER) of Yeroskipou was housed. Geroskipou is connected to Agia Marinouda and is the second largest municipality in the District of Pafos 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.
Located at a prime residential area in Geroskipou- Agia Marinouda, Paphos, just a stone's throw away from Elea Golf Course! Only 5 minutes away from the most popular sandy beach of Paphos and the city center and with easy access to Limassol highway. All facilities are within a few minutes walking distance, such as supermarket, kiosks, coffee shops, bakeries, butchery, golf and much more! This fantastic development consists of 3 or 4 bedroom detached residences with a beautiful and modern design. Features include: Peaceful residential area Spacious living areas and verandas External thermal insulation False ceilings Underfloor Heating Freematch -VRV type A/C Alarm systeM Water Pressure system Wall mounted toilets & walk in showers Provision for electrical car charger Laminate floors in bedrooms Semi-Covered parking space Optional swimming pool Provision for photovoltaic system Energy Certificate A Agia Marinouda- Geroskipou- enjoys an idyllic location on a hill facing the sea. Guests of the village as well as its permanent residents can enjoy the cool breeze that blows during the summer months a special feature of the village. The village church is dedicated to St. Marina, from which the village also took its name. Apart from the rural areas, the village was characterized by many mulberries, both white and black. The first selection had white and sometimes red fruits, while the second reached as high as ten meters. Both types are excellent food sources for silkworms. Therefore, the residents of St. Marinouda cultivated mulberry for silkworms with the ultimate aim of producing silk. Their effort contributed to the fact that the silk factory was only a very short distance away and where, until recently, the Centre for the Education of Recruits (CER) of Yeroskipou was housed. Geroskipou is connected to Agia Marinouda and is the second largest municipality in the District of Pafos 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
Agia Marinouda, 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 €445,000 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 |
|---|---|---|---|
| €445,000 | £366,636 | £386,300 | £19,665 |
| Property Price € | €445,000 |
| Minimum cost in the last six months | £366,636 |
| Maximum cost in the last six months | £386,300 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,665 |
Agia Marinouda, 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 €445,000 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 |
|---|---|---|---|
| €445,000 | £366,636 | £386,300 | £19,665 |
| Property Price € | €445,000 |
| Minimum cost in the last six months | £366,636 |
| Maximum cost in the last six months | £386,300 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,665 |
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 £19,665 more.
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