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A stunning 5 bedroom Luxury Villa set on a unique complex of exclusively designed properties
Protaras, Famagusta, Cyprus
REF: 967833
€1,000,000
Description
A stunning 5 bedroom Luxury Villa set on a unique complex of exclusively designed properties. Located in a prime location of Protaras just steps away from the sandy beach. This superb property has been designed to give the owner the option to control the Villa via Internet. Situated on an electronically gated project, designed to maintain province and tranquility for its residents. Underground parking is provided to avoid congestion and noise. The underground access links to the villa's electronic garage door entrance, in order for the owners to have access to their residence from their own private basement area where they also have their own parking area. The basement also has space for a private spa, gym and a recreational room. The architectural contemporary design reflects the sea waves and colours, with modern and luxurious interiors and a roof garden to enjoy the beautiful, unobstructed sea views. The gardens are designed in such a way as to accompany the existing environment where the project is located and includes an infinity overflow swimming pool. Located close to the centre of Protaras, all amenities such as shops, bars, restaurants, supermarkets are within walking distance. The famous Fig Tree Bay Beach is only a five minute walk away.
A stunning 5 bedroom Luxury Villa set on a unique complex of exclusively designed properties. Located in a prime location of Protaras just steps away from the sandy beach. This superb property has been designed to give the owner the option to control the Villa via Internet. Situated on an electronically gated project, designed to maintain province and tranquility for its residents. Underground parking is provided to avoid congestion and noise. The underground access links to the villa's electronic garage door entrance, in order for the owners to have access to their residence from their own private basement area where they also have their own parking area. The basement also has space for a private spa, gym and a recreational room. The architectural contemporary design reflects the sea waves and colours, with modern and luxurious interiors and a roof garden to enjoy the beautiful, unobstructed sea views. The gardens are designed in such a way as to accompany the existing environment where the project is located and includes an infinity overflow swimming pool. Located close to the centre of Protaras, all amenities such as shops, bars, restaurants, supermarkets are within walking distance. The famous Fig Tree Bay Beach is only a five minute walk away.
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Currency Exchange
Protaras, 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 €1,000,000 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 |
|---|---|---|---|
| €1,000,000 | £823,900 | £868,090 | £44,190 |
| Property Price € | €1,000,000 |
| Minimum cost in the last six months | £823,900 |
| Maximum cost in the last six months | £868,090 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £44,190 |
Protaras, 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 €1,000,000 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 |
|---|---|---|---|
| €1,000,000 | £823,900 | £868,090 | £44,190 |
| Property Price € | €1,000,000 |
| Minimum cost in the last six months | £823,900 |
| Maximum cost in the last six months | £868,090 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £44,190 |
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 £44,190 more.
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