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For sale: A modern detached villa under construction in the sought-after area of Paralimni
Paralimni, Famagusta, Cyprus
REF: 952700
€290,000
Description
For sale: A modern detached villa under construction in the sought-after area of Paralimni. Offering 152 m of internal space, this home is designed with practicality and comfort in mind. It features three spacious bedrooms and one well-appointed bathroom, providing an ideal setting for families or those seeking extra room for guests or a home office. The contemporary open-plan layout ensures abundant natural light throughout the villa, creating a welcoming atmosphere. High-quality finishes and thoughtful design touches guarantee a stylish yet functional living space. Built in 2023, the property promises energy efficiency and low maintenance requirements. Paralimni is a vibrant and friendly town, known for its blend of traditional charm and modern conveniences. The area offers a variety of shops, cafes, and services, making daily life easy and enjoyable. Beautiful beaches and scenic walking paths are also nearby, perfect for relaxation and outdoor activities. This property is conveniently located close to all amenities, including schools and supermarkets, making it an excellent choice for both families and investors. For more information or to arrange a viewing of this attractive villa, please contact Purple International Real Estate.
For sale: A modern detached villa under construction in the sought-after area of Paralimni. Offering 152 m of internal space, this home is designed with practicality and comfort in mind. It features three spacious bedrooms and one well-appointed bathroom, providing an ideal setting for families or those seeking extra room for guests or a home office. The contemporary open-plan layout ensures abundant natural light throughout the villa, creating a welcoming atmosphere. High-quality finishes and thoughtful design touches guarantee a stylish yet functional living space. Built in 2023, the property promises energy efficiency and low maintenance requirements. Paralimni is a vibrant and friendly town, known for its blend of traditional charm and modern conveniences. The area offers a variety of shops, cafes, and services, making daily life easy and enjoyable. Beautiful beaches and scenic walking paths are also nearby, perfect for relaxation and outdoor activities. This property is conveniently located close to all amenities, including schools and supermarkets, making it an excellent choice for both families and investors. For more information or to arrange a viewing of this attractive villa, please contact Purple International Real Estate.
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Currency Exchange
Paralimni, 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 €290,000 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 |
|---|---|---|---|
| €290,000 | £239,381 | £253,843 | £14,462 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £239,381 |
| Maximum cost in the last six months | £253,843 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,462 |
Paralimni, 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 €290,000 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 |
|---|---|---|---|
| €290,000 | £239,381 | £253,843 | £14,462 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £239,381 |
| Maximum cost in the last six months | £253,843 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,462 |
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 £14,462 more.
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