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875,000 + VAT The crowning glory of this architectural gem is the location
Faneromeni, Larnaca, Cyprus
REF: 612181
€875,000
Description
875,000 + VAT The crowning glory of this architectural gem is the location.This Absolutely astounding site is located at Faneromeni Neighbourhood near the American Academy offering captivating views of the municipal Park, Library and Theatre as well as the Larnaca Downtown. Contemporary DesignThe dazzling contemporary design takes advantage of the location and prominent settings and East Orientation. Inside reside gracious suite layouts incorporating inspired interior design allowing residents to live life fully.The complex will be a contemporary jewel and the new benchmark in Larnaca for residential design.The building will offer three bedroom three bathroom apartments those seeking a more spacious place to live. The penthouses offer features like false ceilings with spotlights, underfloor heating, deluxe bathroom fittings etc making them the only real Luxury penthouses in the residential area of Faneromeni.The complex has been carefully designed by architects, engineers and other consultants to maximize the living experience for its residents while standing as a beacon for Larnaca. LocationMention its location to any resident of Larnaca City and the greatness is instantly recognized. This property will enjoy its central location, being minutes from practically all of the best Larnaca has to offer: Downtown, schools such as the American Academy, the shops and cafes of Phinicoudes.This is one of those properties that very seldom come to the market. There is no doubt if you miss this opportunity, it may be a long time until you see anything quite like this again, be quick, register your interest immediately.
875,000 + VAT The crowning glory of this architectural gem is the location.This Absolutely astounding site is located at Faneromeni Neighbourhood near the American Academy offering captivating views of the municipal Park, Library and Theatre as well as the Larnaca Downtown. Contemporary DesignThe dazzling contemporary design takes advantage of the location and prominent settings and East Orientation. Inside reside gracious suite layouts incorporating inspired interior design allowing residents to live life fully.The complex will be a contemporary jewel and the new benchmark in Larnaca for residential design.The building will offer three bedroom three bathroom apartments those seeking a more spacious place to live. The penthouses offer features like false ceilings with spotlights, underfloor heating, deluxe bathroom fittings etc making them the only real Luxury penthouses in the residential area of Faneromeni.The complex has been carefully designed by architects, engineers and other consultants to maximize the living experience for its residents while standing as a beacon for Larnaca. LocationMention its location to any resident of Larnaca City and the greatness is instantly recognized. This property will enjoy its central location, being minutes from practically all of the best Larnaca has to offer: Downtown, schools such as the American Academy, the shops and cafes of Phinicoudes.This is one of those properties that very seldom come to the market. There is no doubt if you miss this opportunity, it may be a long time until you see anything quite like this again, be quick, register your interest immediately.
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Currency Exchange
Faneromeni, 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 €875,000 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 |
|---|---|---|---|
| €875,000 | £724,771 | £752,019 | £27,248 |
| Property Price € | €875,000 |
| Minimum cost in the last six months | £724,771 |
| Maximum cost in the last six months | £752,019 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,248 |
Faneromeni, 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 €875,000 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 |
|---|---|---|---|
| €875,000 | £724,771 | £752,019 | £27,248 |
| Property Price € | €875,000 |
| Minimum cost in the last six months | £724,771 |
| Maximum cost in the last six months | £752,019 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,248 |
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 £27,248 more.
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