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Nestled in a prime spot on the hills of Konia, Armou you will find the foundations of a brand new villa
Armou, Paphos, Cyprus
REF: 952546
€4,000,000
Description
Nestled in a prime spot on the hills of Konia, Armou you will find the foundations of a brand new villa. The villa will be of the highest quality and specifications and will enjoy the main advantage of this project which is the breath taking unobstructed sea view. This impressive 5 bedroom Villa has luxurious interiors, featuring an open plan fully fitted kitchen and a well-sized dining/living room that opens out to a large partially covered terrace with BBQ area and a tranquil private swimming pool, all surrounded by landscaped gardens. It makes for the perfect space for alfresco dining and entertaining. There are 5 lavish bedrooms all of which benefit from fitted wardrobes, including a master suite with walk-in closet. This amazing villa includes high quality specifications such as underfloor heating, VRV cooling system, smart home features, CCTV system, electric gates and photovoltaic panels, private parking for 2 cars, barbeque area at kitchen level, overflow pool 4x15 meters, fireplace in sitting area, high ceilings. Konia village is located 3km East of Paphos on the South West coast of Cyprus and is conveniently close to both Paphos International Airport and Elea Golf and Country Club. Situated on a hill 190 metres above sea level, Konia enjoys panoramic views over the Paphos coastline. The village has a number of amenities including a mini market, bakery a couple of traditional tavernas, bank, coffee shop and is only a short drive from the private English speaking school. Armou is located 6km north of Paphos Town and due to its elevated position commands spectacular views over Paphos. This is a quiet, traditional village where modern life goes hand in hand with traditional Cypriot living. The village offers a few tavernas and kiosks nearby and is only a short drive from neighbouring Tsada golf course.
Nestled in a prime spot on the hills of Konia, Armou you will find the foundations of a brand new villa. The villa will be of the highest quality and specifications and will enjoy the main advantage of this project which is the breath taking unobstructed sea view. This impressive 5 bedroom Villa has luxurious interiors, featuring an open plan fully fitted kitchen and a well-sized dining/living room that opens out to a large partially covered terrace with BBQ area and a tranquil private swimming pool, all surrounded by landscaped gardens. It makes for the perfect space for alfresco dining and entertaining. There are 5 lavish bedrooms all of which benefit from fitted wardrobes, including a master suite with walk-in closet. This amazing villa includes high quality specifications such as underfloor heating, VRV cooling system, smart home features, CCTV system, electric gates and photovoltaic panels, private parking for 2 cars, barbeque area at kitchen level, overflow pool 4x15 meters, fireplace in sitting area, high ceilings. Konia village is located 3km East of Paphos on the South West coast of Cyprus and is conveniently close to both Paphos International Airport and Elea Golf and Country Club. Situated on a hill 190 metres above sea level, Konia enjoys panoramic views over the Paphos coastline. The village has a number of amenities including a mini market, bakery a couple of traditional tavernas, bank, coffee shop and is only a short drive from the private English speaking school. Armou is located 6km north of Paphos Town and due to its elevated position commands spectacular views over Paphos. This is a quiet, traditional village where modern life goes hand in hand with traditional Cypriot living. The village offers a few tavernas and kiosks nearby and is only a short drive from neighbouring Tsada golf course.
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Currency Exchange
Armou, 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 €4,000,000 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 |
|---|---|---|---|
| €4,000,000 | £3,301,800 | £3,472,440 | £170,640 |
| Property Price € | €4,000,000 |
| Minimum cost in the last six months | £3,301,800 |
| Maximum cost in the last six months | £3,472,440 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £170,640 |
Armou, 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 €4,000,000 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 |
|---|---|---|---|
| €4,000,000 | £3,301,800 | £3,472,440 | £170,640 |
| Property Price € | €4,000,000 |
| Minimum cost in the last six months | £3,301,800 |
| Maximum cost in the last six months | £3,472,440 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £170,640 |
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 £170,640 more.
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