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Apartment, For Sale, Paphos, Chlorakas
Chlorakas, Cyprus
REF: 966331
€340,000
Description
Nestled in the heart of Chloraka, this exclusive gated development offers a resort-style lifestyle where luxury meets comfort. Residents can unwind in a serene setting surrounded by lush landscaped gardens, designed to create a peaceful and private retreat. Ideal for relaxation and socializing, the community boasts two elegant communal swimming pools€”one at 14m x 6m and the other at 9m x 4.5m€”each equipped with changing rooms and outdoor showers for added convenience. Whether enjoying a quiet swim or gathering with friends, the outdoor BBQ and recreational areas provide the perfect backdrop for embracing the Mediterranean way of life. This secure, family-friendly enclave is also a model of sustainability, built to top-tier energy efficiency standards (Class €œA€), ensuring a reduced environmental impact and lower utility costs. Blending thoughtful design with a focus on lifestyle and well-being, this development captures the essence of refined coastal living in Chloraka.
Nestled in the heart of Chloraka, this exclusive gated development offers a resort-style lifestyle where luxury meets comfort. Residents can unwind in a serene setting surrounded by lush landscaped gardens, designed to create a peaceful and private retreat. Ideal for relaxation and socializing, the community boasts two elegant communal swimming pools€”one at 14m x 6m and the other at 9m x 4.5m€”each equipped with changing rooms and outdoor showers for added convenience. Whether enjoying a quiet swim or gathering with friends, the outdoor BBQ and recreational areas provide the perfect backdrop for embracing the Mediterranean way of life. This secure, family-friendly enclave is also a model of sustainability, built to top-tier energy efficiency standards (Class €œA€), ensuring a reduced environmental impact and lower utility costs. Blending thoughtful design with a focus on lifestyle and well-being, this development captures the essence of refined coastal living in Chloraka.
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Currency Exchange
Chlorakas, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £280,126 | £295,151 | £15,025 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £280,126 |
| Maximum cost in the last six months | £295,151 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,025 |
Chlorakas, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £280,126 | £295,151 | £15,025 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £280,126 |
| Maximum cost in the last six months | £295,151 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,025 |
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 £15,025 more.
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