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Luxury Building Block of 20 Apartments is a modern apartment development with unique design, located in a nice residential area of Pafos City center
Pano Paphos - Up Town, Paphos, Cyprus
REF: 114354
€6,000,000
Description
Luxury Building Block of 20 Apartments is a modern apartment development with unique design, located in a nice residential area of Pafos City center. It comprises a 5-storey building with 4 Apartments on each floor. Building Level Areas: Basement 149m2 Covered Area with a Gym Sauna Room Massage Room - Changing Rooms Ground Level 262.28m2 Covered Area of Reception Area, Veranda sitting Area with garden, 11 covered parking spaces of 126.72m2 and 9 uncovered areas 1st Floor - 369m2 Covered Area - 2 Bed Apartment x 2 and 1 Bed Apartmentx 2 2nd Floor - 369m2 Covered Area - 2 Bed Apartment x 2 and 1 Bed Apartmentx 2 3rd Floor - 369m2 Covered Area - 2 Bed Apartment x 2 and 1 Bed Apartmentx 2 4th Floor - 369m2 Covered Area - 2 Bed Apartment x 2 and 1 Bed Apartmentx 2 5th Floor - 369m2 Covered Area - 2 Bed Apartment x 2 and 1 Bed Apartmentx 2 Roof Garden 77m2 Covered Area, 109 Roof Garden with Swimming Pool 7.50x3.80 Plot Area: Plot 1 619m2 + Plot 2 618m2 Total Plot Area 1237m2 Total Covered building Area: 2568m2 Price + VAT
Luxury Building Block of 20 Apartments is a modern apartment development with unique design, located in a nice residential area of Pafos City center. It comprises a 5-storey building with 4 Apartments on each floor. Building Level Areas: Basement 149m2 Covered Area with a Gym Sauna Room Massage Room - Changing Rooms Ground Level 262.28m2 Covered Area of Reception Area, Veranda sitting Area with garden, 11 covered parking spaces of 126.72m2 and 9 uncovered areas 1st Floor - 369m2 Covered Area - 2 Bed Apartment x 2 and 1 Bed Apartmentx 2 2nd Floor - 369m2 Covered Area - 2 Bed Apartment x 2 and 1 Bed Apartmentx 2 3rd Floor - 369m2 Covered Area - 2 Bed Apartment x 2 and 1 Bed Apartmentx 2 4th Floor - 369m2 Covered Area - 2 Bed Apartment x 2 and 1 Bed Apartmentx 2 5th Floor - 369m2 Covered Area - 2 Bed Apartment x 2 and 1 Bed Apartmentx 2 Roof Garden 77m2 Covered Area, 109 Roof Garden with Swimming Pool 7.50x3.80 Plot Area: Plot 1 619m2 + Plot 2 618m2 Total Plot Area 1237m2 Total Covered building Area: 2568m2 Price + VAT
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Currency Exchange
Pano Paphos - Up Town, Paphos, 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 €6,000,000 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 |
|---|---|---|---|
| €6,000,000 | £4,991,280 | £5,163,720 | £172,440 |
| Property Price € | €6,000,000 |
| Minimum cost in the last six months | £4,991,280 |
| Maximum cost in the last six months | £5,163,720 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £172,440 |
Pano Paphos - Up Town, Paphos, 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 €6,000,000 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 |
|---|---|---|---|
| €6,000,000 | £4,991,280 | £5,163,720 | £172,440 |
| Property Price € | €6,000,000 |
| Minimum cost in the last six months | £4,991,280 |
| Maximum cost in the last six months | £5,163,720 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £172,440 |
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 £172,440 more.
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