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For sale off plan, this modern 2-bedroom apartment is located on the top floor of a new development in Chloraka, set for completion in 2027
Chloraka, Paphos, Cyprus
REF: 957841
€360,000
Description
For sale off plan, this modern 2-bedroom apartment is located on the top floor of a new development in Chloraka, set for completion in 2027. With 77 m of internal space, the layout includes an open living and dining area, a well-appointed kitchen, and one contemporary bathroom. The apartment is situated on the second floor of a 2-storey building with elevator access, offering beautiful sea views from within a secure, gated complex. Chloraka is a charming coastal area known for its relaxed lifestyle and scenic surroundings. Residents enjoy a blend of traditional character and modern amenities, with shops, cafes, and essential services all close by. The area is famous for its lovely beaches and peaceful atmosphere, making it popular with both locals and international buyers. This property boasts energy efficiency rating A, ensuring low running costs and a comfortable living environment year-round. Residents have access to a communal swimming pool and well-kept shared spaces. Whether you are looking for a permanent home, holiday base, or investment, this apartment promises both comfort and convenience. Contact Purple International Real Estate today for full details or to reserve your new home in Chloraka.
For sale off plan, this modern 2-bedroom apartment is located on the top floor of a new development in Chloraka, set for completion in 2027. With 77 m of internal space, the layout includes an open living and dining area, a well-appointed kitchen, and one contemporary bathroom. The apartment is situated on the second floor of a 2-storey building with elevator access, offering beautiful sea views from within a secure, gated complex. Chloraka is a charming coastal area known for its relaxed lifestyle and scenic surroundings. Residents enjoy a blend of traditional character and modern amenities, with shops, cafes, and essential services all close by. The area is famous for its lovely beaches and peaceful atmosphere, making it popular with both locals and international buyers. This property boasts energy efficiency rating A, ensuring low running costs and a comfortable living environment year-round. Residents have access to a communal swimming pool and well-kept shared spaces. Whether you are looking for a permanent home, holiday base, or investment, this apartment promises both comfort and convenience. Contact Purple International Real Estate today for full details or to reserve your new home in Chloraka.
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Currency Exchange
Chloraka, 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 €360,000 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 |
|---|---|---|---|
| €360,000 | £297,130 | £312,512 | £15,383 |
| Property Price € | €360,000 |
| Minimum cost in the last six months | £297,130 |
| Maximum cost in the last six months | £312,512 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,383 |
Chloraka, 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 €360,000 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 |
|---|---|---|---|
| €360,000 | £297,130 | £312,512 | £15,383 |
| Property Price € | €360,000 |
| Minimum cost in the last six months | £297,130 |
| Maximum cost in the last six months | £312,512 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,383 |
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 £15,383 more.
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