Larnaca Town Centre, Larnaca - 1,500,000

Larnaca, Larnaca, Cyprus

For Sale

€1,500,000

REF: 592092 €1,500,000


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Description

Three Bedroom Penthouse Apartment For Sale In Larnaca Town Centre - Title Deeds (New Build Process)The building is a fresh and exclusive residential investment opportunity situated in a prime location in the centre of Larnaca. This fusion of luxury design apartments and surrounding natural beauty... Three Bedroom Penthouse Apartment For Sale In Larnaca Town Centre - Title Deeds (New Build Process)The building is a fresh and exclusive residential investment opportunity situated in a prime location in the centre of Larnaca.

This fusion of luxury design apartments and surrounding natural beauty is in a close proximity to many amenities, making it the ideal opportunity to invest in a prime and futureproofreal estate, with high resale and rental value. Park Avenue comprises of 4 one bedroom apartments, 16 two bedroom apartments and 4 three bedroom apartments on eight floors.

The development is characterized by its extravagant architectural design and its breath-taking panoramic views of the sea and the Salt Lake.- Master bedroom with ensuite and fitted wardrobes- 2 Bedrooms with fitted wardrobes- Open plan living - dining- Kitchen- Family bathroom- Guest W/C- Unfurnished- Provisions for air conditioning in bedrooms- Air conditioning VRV system in the living room and kitchen- Solar heating system for hot water- Double glazing- Whole floor penthouse- Private pool- Private jacuzzi- Allocated parking space- Storage room- Main entrance with intercom system- Internal area 166 m2- Veranda 81 m2- Communal fees TBC- Close to all local amenities- 3 Minutes to the sea and beach- 5 Minutes to Larnaca Shopping Mall- 8 Minutes to Larnaca International Airport- Suitable for Cyprus Permanent Residency - Fast Track- Subject to VAT- Energy Efficiency TBCLarnacaLarnaca is the home of Cyprus' main International Airport, close to the Salt Lake area, a place where you can watch Swan's and Flamingo's that live in the lake.

On its coastal seafront, the cafe's and restaurants are peaceful. On the edge of Larnaca Bay the palm-lined seafront of Larnaca town bustles with cafes, tavernas, shops and bars. Historic charm is lent to the scene by its fortress castle, now used as the town's summer cultural centre. Larnaca is an excellent base from which to get to know the central and eastern section of Cyprus, and its proximity to the International Airport and a number of luxury hotels that have been developed along its beautiful sandy beaches make this a popular holiday choice.------------* Title Deeds (New Build Process)* Private Pool & Jacuzzi* Amazing Sea Views* Suitable for Cyprus Permanent Residency - Fast Track* Subject to VAT* Under Construction - Completion Due February 2025* Energy Efficiency TBCLarnaca Town CentreLarnaca Town CentreCounty: LarnacaSale Type: For SaleRef #: EDG004N3P
Three Bedroom Penthouse Apartment For Sale In Larnaca Town Centre - Title Deeds (New Build Process)The building is a fresh and exclusive residential investment opportunity situated in a prime location in the centre of Larnaca. This fusion of luxury design apartments and surrounding natural beauty... Three Bedroom Penthouse Apartment For Sale In Larnaca Town Centre - Title Deeds (New Build Process)The building is a fresh and exclusive residential investment opportunity situated in a prime location in the centre of Larnaca.

This fusion of luxury design apartments and surrounding natural beauty is in a close proximity to many amenities, making it the ideal opportunity to invest in a prime and futureproofreal estate, with high resale and rental value. Park Avenue comprises of 4 one bedroom apartments, 16 two bedroom apartments and 4 three bedroom apartments on eight floors.

The development is characterized by its extravagant architectural design and its breath-taking panoramic views of the sea and the Salt Lake.- Master bedroom with ensuite and fitted wardrobes- 2 Bedrooms with fitted wardrobes- Open plan living - dining- Kitchen- Family bathroom- Guest W/C- Unfurnished- Provisions for air conditioning in bedrooms- Air conditioning VRV system in the living room and kitchen- Solar heating system for hot water- Double glazing- Whole floor penthouse- Private pool- Private jacuzzi- Allocated parking space- Storage room- Main entrance with intercom system- Internal area 166 m2- Veranda 81 m2- Communal fees TBC- Close to all local amenities- 3 Minutes to the sea and beach- 5 Minutes to Larnaca Shopping Mall- 8 Minutes to Larnaca International Airport- Suitable for Cyprus Permanent Residency - Fast Track- Subject to VAT- Energy Efficiency TBCLarnacaLarnaca is the home of Cyprus' main International Airport, close to the Salt Lake area, a place where you can watch Swan's and Flamingo's that live in the lake.

On its coastal seafront, the cafe's and restaurants are peaceful. On the edge of Larnaca Bay the palm-lined seafront of Larnaca town bustles with cafes, tavernas, shops and bars. Historic charm is lent to the scene by its fortress castle, now used as the town's summer cultural centre. Larnaca is an excellent base from which to get to know the central and eastern section of Cyprus, and its proximity to the International Airport and a number of luxury hotels that have been developed along its beautiful sandy beaches make this a popular holiday choice.------------* Title Deeds (New Build Process)* Private Pool & Jacuzzi* Amazing Sea Views* Suitable for Cyprus Permanent Residency - Fast Track* Subject to VAT* Under Construction - Completion Due February 2025* Energy Efficiency TBCLarnaca Town CentreLarnaca Town CentreCounty: LarnacaSale Type: For SaleRef #: EDG004N3P
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Property on Map

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Currency Exchange

Larnaca, 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 €1,500,000 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
€1,500,000 £1,247,820 £1,290,930 £43,110
Property Price € €1,500,000
Minimum cost in the last six months £1,247,820
Maximum cost in the last six months £1,290,930
Fluctuating exchange rates over the last six months could have increased the cost of this property by £43,110

Larnaca, 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 €1,500,000 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
€1,500,000 £1,247,820 £1,290,930 £43,110
Property Price € €1,500,000
Minimum cost in the last six months £1,247,820
Maximum cost in the last six months £1,290,930
Fluctuating exchange rates over the last six months could have increased the cost of this property by £43,110

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 £43,110 more.

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