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MOUNTAIN RETREAT 2-BEDROOM BUNGALOW ON 6,000 SQM PLOT
R4X8+9X6, Arakapas 4563, Cyprus, Arakapas, Cyprus
REF: 997788
€500,000
Description
Set in the heart of nature, this beautifully maintained 2-bedroom, 2-bathroom bungalow offers the perfect blend of comfort, privacy, and rural charm. Located in the tranquil village of Arakapas, just a short drive from Limassol, the property is ideal as a holiday home, countryside retreat, or long-term residence. The peaceful setting, generous land, and authentic village surroundings make this property an excellent investment opportunity for agrotourism perfect for eco-retreats, nature-based activities, or traditional guest experiences. The bungalow sits on a vast 6,000 sqm agricultural plot, planted with approximately 200 mature trees, offering endless space, greenery, and panoramic mountain views. Own road access. Water & Electricity. With 100 sqm of covered living space, the home is solidly constructed with 30cm brickwork, providing durability and excellent thermal insulation.
Set in the heart of nature, this beautifully maintained 2-bedroom, 2-bathroom bungalow offers the perfect blend of comfort, privacy, and rural charm. Located in the tranquil village of Arakapas, just a short drive from Limassol, the property is ideal as a holiday home, countryside retreat, or long-term residence. The peaceful setting, generous land, and authentic village surroundings make this property an excellent investment opportunity for agrotourism perfect for eco-retreats, nature-based activities, or traditional guest experiences. The bungalow sits on a vast 6,000 sqm agricultural plot, planted with approximately 200 mature trees, offering endless space, greenery, and panoramic mountain views. Own road access. Water & Electricity. With 100 sqm of covered living space, the home is solidly constructed with 30cm brickwork, providing durability and excellent thermal insulation.
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Currency Exchange
R4X8+9X6, Arakapas 4563, Cyprus, Arakapas, 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 €500,000 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 |
|---|---|---|---|
| €500,000 | £412,725 | £434,045 | £21,320 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £412,725 |
| Maximum cost in the last six months | £434,045 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,320 |
R4X8+9X6, Arakapas 4563, Cyprus, Arakapas, 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 €500,000 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 |
|---|---|---|---|
| €500,000 | £412,725 | £434,045 | £21,320 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £412,725 |
| Maximum cost in the last six months | £434,045 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,320 |
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 £21,320 more.
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