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This fabulous luxury villa is situated on an exclusive and private beachfront gated community in a prime area of the cosmopolitan coastal resort of Protaras
Protaras, Famagusta, Cyprus
REF: 967844
€999,000
Description
This fabulous luxury villa is situated on an exclusive and private beachfront gated community in a prime area of the cosmopolitan coastal resort of Protaras. The Developer has won multiple property and architecture awards, including Virgin s Property Development of the year 2014. The complex is situated in between the famous Fig Tree Bay and Konnos Bay, nestled on its own private sandy beach. This stunning residence comprises four levels. Starting from the 173 square meter basement which features underground parking for up to 3 cars, a gym, cinema room with comfortable seating area and a small kitchenette. On this level there are also two bedrooms, one very comfortable twin bedroom and a spacious single room, both sharing a shower room. A private internal lift provides access to all floors, except the roof terrace, which is accessible via internal stairs only. The ground level enjoys a bright open plan living area with fireplace and a fully equipped kitchen with breakfast bar. There is also a very comfortable double bedroom on the ground floor with its own en-suite and access to the gardens. The first floor is the main bedroom level with a further three bedrooms, all with en-suite bathrooms and plenty of wardrobe space. The master bedroom is located at the front of the property with a private balcony overlooking the pool area and sea views. The outdoor area has been designed for enjoying the outdoor Mediterranean lifestyle, with a large overflow heated swimming pool with roman steps, jacuzzi, outdoor shower and BBQ area. The roof terrace is perfect for relaxing in the sun or enjoying an evening drink by the bar whilst soaking in the beautiful views of the forest area to the back and lovely sea views to the front. Title deeds available.
This fabulous luxury villa is situated on an exclusive and private beachfront gated community in a prime area of the cosmopolitan coastal resort of Protaras. The Developer has won multiple property and architecture awards, including Virgin s Property Development of the year 2014. The complex is situated in between the famous Fig Tree Bay and Konnos Bay, nestled on its own private sandy beach. This stunning residence comprises four levels. Starting from the 173 square meter basement which features underground parking for up to 3 cars, a gym, cinema room with comfortable seating area and a small kitchenette. On this level there are also two bedrooms, one very comfortable twin bedroom and a spacious single room, both sharing a shower room. A private internal lift provides access to all floors, except the roof terrace, which is accessible via internal stairs only. The ground level enjoys a bright open plan living area with fireplace and a fully equipped kitchen with breakfast bar. There is also a very comfortable double bedroom on the ground floor with its own en-suite and access to the gardens. The first floor is the main bedroom level with a further three bedrooms, all with en-suite bathrooms and plenty of wardrobe space. The master bedroom is located at the front of the property with a private balcony overlooking the pool area and sea views. The outdoor area has been designed for enjoying the outdoor Mediterranean lifestyle, with a large overflow heated swimming pool with roman steps, jacuzzi, outdoor shower and BBQ area. The roof terrace is perfect for relaxing in the sun or enjoying an evening drink by the bar whilst soaking in the beautiful views of the forest area to the back and lovely sea views to the front. Title deeds available.
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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 €999,000 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 |
|---|---|---|---|
| €999,000 | £823,076 | £867,222 | £44,146 |
| Property Price € | €999,000 |
| Minimum cost in the last six months | £823,076 |
| Maximum cost in the last six months | £867,222 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £44,146 |
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 €999,000 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 |
|---|---|---|---|
| €999,000 | £823,076 | £867,222 | £44,146 |
| Property Price € | €999,000 |
| Minimum cost in the last six months | £823,076 |
| Maximum cost in the last six months | £867,222 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £44,146 |
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 £44,146 more.
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