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This charming 2-bedroom bungalow is set on a generously sized plot in the peaceful village of Avgorou
Avgorou, Famagusta, Cyprus
REF: 961182
€105,000
Description
This charming 2-bedroom bungalow is set on a generously sized plot in the peaceful village of Avgorou. Offering a traditional layout, the property features a spacious lounge and an open-plan kitchen and dining area, along with two well-proportioned bedrooms and a family bathroom. Situated just a short walk from the village center, residents can enjoy convenient access to local shops, cafes, and essential amenities. The beautiful sandy beaches and vibrant tourist attractions of the surrounding coastal areas are only a 20-minute drive away, making this home perfectly positioned for both tranquillity and leisure. With its solid structure and prime location, this bungalow presents an excellent renovation opportunity for buyers looking to invest in a property with great potential. A little vision and care can transform this classic village home into a highly desirable residence or holiday retreat.
This charming 2-bedroom bungalow is set on a generously sized plot in the peaceful village of Avgorou. Offering a traditional layout, the property features a spacious lounge and an open-plan kitchen and dining area, along with two well-proportioned bedrooms and a family bathroom. Situated just a short walk from the village center, residents can enjoy convenient access to local shops, cafes, and essential amenities. The beautiful sandy beaches and vibrant tourist attractions of the surrounding coastal areas are only a 20-minute drive away, making this home perfectly positioned for both tranquillity and leisure. With its solid structure and prime location, this bungalow presents an excellent renovation opportunity for buyers looking to invest in a property with great potential. A little vision and care can transform this classic village home into a highly desirable residence or holiday retreat.
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Currency Exchange
Avgorou, 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 €105,000 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 |
|---|---|---|---|
| €105,000 | £86,510 | £91,149 | £4,640 |
| Property Price € | €105,000 |
| Minimum cost in the last six months | £86,510 |
| Maximum cost in the last six months | £91,149 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,640 |
Avgorou, 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 €105,000 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 |
|---|---|---|---|
| €105,000 | £86,510 | £91,149 | £4,640 |
| Property Price € | €105,000 |
| Minimum cost in the last six months | £86,510 |
| Maximum cost in the last six months | £91,149 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,640 |
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 £4,640 more.
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