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LOCATION Highly sought after and upcoming west Limassol
Limassol, Limassol, Cyprus
REF: 585311
€1,560,000
Description
LOCATION Highly sought after and upcoming west Limassol. Next to City of Dreams Mediterranean Casino Resort.5-minute drive from Lady s Mile Beach.Easy access to the highway, private schools, villages, mountains and wineries.10-minute drive from Limassol Marina, Limassol City Centre. P R O J E C T O V E R V I E W & F A C I L I T I E S Developed over 1.4 million m . 18-hole championship golf course with a state-of-the-artClubhouse. 500 villas and 250 apartments to be developed in phases. Property management services offered, including concierge,resales, rentals and full property maintenance. Commercial facilities including shops, restaurants, bars etc. Wellness Centre with an outdoor pool, spa treatmentfacilities, fitness area, yoga and meditation lawns. Tennis, basketball courts and cycleways. Children s playgrounds. Open-air amphitheatre. Herb garden Highlights Large plot. All bedrooms are ensuite. Principal suite with dedicated dressing room and bathroom with his & hers vanity. Eco-friendly design featuring double glazing, solar panels, provision for electric vehicle charging. High Ceilings. Wide and tall window and door openings. State of the art finishes. High standard kitchen cabinets/wardrobes/sanitary ware from European brands. Security and fireproof entrance door. VRV air cooling system & under floor heating. Home automations (smart-home technology) optional upgrades available. VAT is currently 19%. If one of above properties will be your first purchase in Cyprus on your name and it will be your permanent house, you can apply for a reduced VAT up to 14%. (Please ask for more info)
LOCATION Highly sought after and upcoming west Limassol. Next to City of Dreams Mediterranean Casino Resort.5-minute drive from Lady s Mile Beach.Easy access to the highway, private schools, villages, mountains and wineries.10-minute drive from Limassol Marina, Limassol City Centre. P R O J E C T O V E R V I E W & F A C I L I T I E S Developed over 1.4 million m . 18-hole championship golf course with a state-of-the-artClubhouse. 500 villas and 250 apartments to be developed in phases. Property management services offered, including concierge,resales, rentals and full property maintenance. Commercial facilities including shops, restaurants, bars etc. Wellness Centre with an outdoor pool, spa treatmentfacilities, fitness area, yoga and meditation lawns. Tennis, basketball courts and cycleways. Children s playgrounds. Open-air amphitheatre. Herb garden Highlights Large plot. All bedrooms are ensuite. Principal suite with dedicated dressing room and bathroom with his & hers vanity. Eco-friendly design featuring double glazing, solar panels, provision for electric vehicle charging. High Ceilings. Wide and tall window and door openings. State of the art finishes. High standard kitchen cabinets/wardrobes/sanitary ware from European brands. Security and fireproof entrance door. VRV air cooling system & under floor heating. Home automations (smart-home technology) optional upgrades available. VAT is currently 19%. If one of above properties will be your first purchase in Cyprus on your name and it will be your permanent house, you can apply for a reduced VAT up to 14%. (Please ask for more info)
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Currency Exchange
Limassol, Limassol, 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 €1,560,000 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 |
|---|---|---|---|
| €1,560,000 | £1,285,284 | £1,340,742 | £55,458 |
| Property Price € | €1,560,000 |
| Minimum cost in the last six months | £1,285,284 |
| Maximum cost in the last six months | £1,340,742 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,458 |
Limassol, Limassol, 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 €1,560,000 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 |
|---|---|---|---|
| €1,560,000 | £1,285,284 | £1,340,742 | £55,458 |
| Property Price € | €1,560,000 |
| Minimum cost in the last six months | £1,285,284 |
| Maximum cost in the last six months | £1,340,742 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,458 |
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 £55,458 more.
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