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A beautiful 5 bedroom, 3 bathroom family home located in a prime residential area, nestled at the top of the hills commanding breathtaking views of the charming resort town of Protaras, this spectacular property offers an unrivalled sense of tranquility, away from the hustle and bustle of the main r
Protaras, Famagusta, Cyprus
REF: 967843
€2,700,000
Description
A beautiful 5 bedroom, 3 bathroom family home located in a prime residential area, nestled at the top of the hills commanding breathtaking views of the charming resort town of Protaras, this spectacular property offers an unrivalled sense of tranquility, away from the hustle and bustle of the main resort. Carefully designed and custom-built by the owners, the villa boasts traditional stone and wood details, creating a comfortable and homely living space. Through the gated entrance is the large driveway that can accommodate parking for more than four cars, ensuring both convenience and privacy. Entering the property you are welcomed to the expansive open plan fully fitted kitchen, dining and living area. The designer kitchen, with breakfast bar, is a culinary enthusiast's dream, equipped with top-of-the-line appliances, generous worktops and ample storage space. Completing the ground floor is a spacious guest bedroom, a luxurious shower room with WC and a convenient utility room. Leading up to the first floor are four bedrooms, a substantial balcony and a family bathroom. The large master bedroom hosts a walk-in wardrobe and an en-suite bathroom featuring a sunken corner Jacuzzi bath and twin sinks. From the living area you can step out to the stunning terrace, pool and the beautifully designed garden adorned with lush foliage and trees. Whether seeking shade or basking in the sun, there are plentiful spaces to relax and revel in the elevated vantage point with its lovely sea views and peaceful surroundings. Spanning two plots with a total area of 2,753 meters, this remarkable property also benefits from its own private water well, delivering high-quality water for ultimate convenience and sustainability.
A beautiful 5 bedroom, 3 bathroom family home located in a prime residential area, nestled at the top of the hills commanding breathtaking views of the charming resort town of Protaras, this spectacular property offers an unrivalled sense of tranquility, away from the hustle and bustle of the main resort. Carefully designed and custom-built by the owners, the villa boasts traditional stone and wood details, creating a comfortable and homely living space. Through the gated entrance is the large driveway that can accommodate parking for more than four cars, ensuring both convenience and privacy. Entering the property you are welcomed to the expansive open plan fully fitted kitchen, dining and living area. The designer kitchen, with breakfast bar, is a culinary enthusiast's dream, equipped with top-of-the-line appliances, generous worktops and ample storage space. Completing the ground floor is a spacious guest bedroom, a luxurious shower room with WC and a convenient utility room. Leading up to the first floor are four bedrooms, a substantial balcony and a family bathroom. The large master bedroom hosts a walk-in wardrobe and an en-suite bathroom featuring a sunken corner Jacuzzi bath and twin sinks. From the living area you can step out to the stunning terrace, pool and the beautifully designed garden adorned with lush foliage and trees. Whether seeking shade or basking in the sun, there are plentiful spaces to relax and revel in the elevated vantage point with its lovely sea views and peaceful surroundings. Spanning two plots with a total area of 2,753 meters, this remarkable property also benefits from its own private water well, delivering high-quality water for ultimate convenience and sustainability.
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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 €2,700,000 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 |
|---|---|---|---|
| €2,700,000 | £2,228,715 | £2,343,843 | £115,128 |
| Property Price € | €2,700,000 |
| Minimum cost in the last six months | £2,228,715 |
| Maximum cost in the last six months | £2,343,843 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £115,128 |
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 €2,700,000 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 |
|---|---|---|---|
| €2,700,000 | £2,228,715 | £2,343,843 | £115,128 |
| Property Price € | €2,700,000 |
| Minimum cost in the last six months | £2,228,715 |
| Maximum cost in the last six months | £2,343,843 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £115,128 |
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 £115,128 more.
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