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PRICE + VAT The Residence is only a few meters away from the salt lake and the beautiful sea, offering an amazing 360 degrees view
Mackenzi, Larnaca, Cyprus
REF: 566855
€694,000
Description
PRICE + VAT The Residence is only a few meters away from the salt lake and the beautiful sea, offering an amazing 360 degrees view. The view from the flats is as gorgeous and relaxing as the view from the balconies, taking the experience a step closer to perfection. Not only the roof offers a mesmerizing view and built quality, it also offers a gorgeous high-style swimming pool that invites you to make a splash. MAJOR BENEFITS: - Just 350 meters from the famous sunny beach of Mankenzie, Larnaca - Available 1, 2 and 3 bedroom apartments, 2 penthouses with private roof garden and swimming pool - Modern architecture and design - High quality finishing materials - Spacious layouts - Wide range of different sized apartments and penthouses - City and beach Amenities are within walking distance
PRICE + VAT The Residence is only a few meters away from the salt lake and the beautiful sea, offering an amazing 360 degrees view. The view from the flats is as gorgeous and relaxing as the view from the balconies, taking the experience a step closer to perfection. Not only the roof offers a mesmerizing view and built quality, it also offers a gorgeous high-style swimming pool that invites you to make a splash. MAJOR BENEFITS: - Just 350 meters from the famous sunny beach of Mankenzie, Larnaca - Available 1, 2 and 3 bedroom apartments, 2 penthouses with private roof garden and swimming pool - Modern architecture and design - High quality finishing materials - Spacious layouts - Wide range of different sized apartments and penthouses - City and beach Amenities are within walking distance
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Currency Exchange
Mackenzi, Larnaca, 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 €694,000 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 |
|---|---|---|---|
| €694,000 | £574,847 | £596,458 | £21,611 |
| Property Price € | €694,000 |
| Minimum cost in the last six months | £574,847 |
| Maximum cost in the last six months | £596,458 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,611 |
Mackenzi, Larnaca, 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 €694,000 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 |
|---|---|---|---|
| €694,000 | £574,847 | £596,458 | £21,611 |
| Property Price € | €694,000 |
| Minimum cost in the last six months | £574,847 |
| Maximum cost in the last six months | £596,458 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,611 |
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 £21,611 more.
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