What Sort of Property Could You Expect for 300,000 Euros ?
Let’s face it – investing in a new home in Cyprus isn’t a decision to be taken lightly. You’ll undoubtedly be spending hundreds of thousands of Pounds (and even more in Euros), so the decision won’t be one that you’ll want to rush into. At DemPro, we understand just how involved the entire process can be and that’s why we strive to support our clients from the moment that they get in touch with us.
If you’re looking at buying a comfortable property in Paphos, the chances are that you’ll need to spend between €200,000 and €300,000 (this is the average price right now). We’re sure that you’ll notice that it is still much cheaper than the majority of houses in the United Kingdom (which might be why Cyprus is on your agenda).
What Can You Expect for Your Money?
In the UK, £300,000 might get you a 2 or 3 bedroom property, typically semi-detached or terraced with a garden. In Cyprus, the equivalent amount in Euros, especially in Paphos, could provide you with a 3 or 4 bedroom home, a nicely-sized plot of land or landscaped garden, and maybe even a private swimming pool.
There are a few things to consider of course, such as the difference in prices based on where you are located when considering the city centre. For example, homes near amenities such as the centre of the city of Paphos, or close to attractions such as golf courses, will likely cost more than those in smaller villages and outlying regions.
This is fairly similar to the UK, where homes closer to the action will be more valuable based on their location. But the great thing about this is that you’ll typically be able to tailor your budget and lifestyle depending on what it is that you’d like to experience when living in Cyprus.
If you’d like a quieter way of life, there are many small villages such as Episkopi and Kathikas. Or if you’d prefer to be involved in the vibrant culture and exciting activities; you could opt for somewhere a bit closer to regional centres.
Whatever you decide to do, we are here to help with the entire buying process, so why not get in touch with us today to see just how much we could help you with your relocation and purchasing?