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Apartment Penthouse in Paniotis, Limassol
5459, Cyprus
REF: 642069
€725,000
Description
Reference ID: #SA29512Price details: 725,000 +VATA boutique project situated in the area of Paniotis within the Germasogeia municipality of Limassol. It comprises four premium 3-bedroom apartments.The location provides direct access to both the Germasogeia and Agios Athanasios round-abouts and direct access to Kolonakiou street, a main artery into the city and the beachfrontThe four apartments are split into two categories: The two Penthouses, with their roof gardens, offering commanding views of the Limassol skyline in the backdrop of the Mediterranean - and the Maisonettes, which will offer their villa-style living with their gardens and pools.The penthouses are situated in the top half of the building and are split into three levels (levels 4-6).The apartments include the following features:1. One main bedroom with ensuite bathroom and two extra bedrooms with shared bathroom on level 42. Kitchen, guest toilet and living room on level 5 with panoramic views3. Roof gardens on level 6 for each penthouse with panoramic views of the city, mountains and sea4. Internal private staircase connecting level 4 with level 55. External private staircase connecting level 5 with the roof garden at level 66. Two covered parking spaces for each penthouseTwo duplexes penthouses available for sale:Internal areas: 136m2Covered verandas: 48m2Roof garden: 41m2Delivery April 2024PLUS V.A.T
Reference ID: #SA29512Price details: 725,000 +VATA boutique project situated in the area of Paniotis within the Germasogeia municipality of Limassol. It comprises four premium 3-bedroom apartments.The location provides direct access to both the Germasogeia and Agios Athanasios round-abouts and direct access to Kolonakiou street, a main artery into the city and the beachfrontThe four apartments are split into two categories: The two Penthouses, with their roof gardens, offering commanding views of the Limassol skyline in the backdrop of the Mediterranean - and the Maisonettes, which will offer their villa-style living with their gardens and pools.The penthouses are situated in the top half of the building and are split into three levels (levels 4-6).The apartments include the following features:1. One main bedroom with ensuite bathroom and two extra bedrooms with shared bathroom on level 42. Kitchen, guest toilet and living room on level 5 with panoramic views3. Roof gardens on level 6 for each penthouse with panoramic views of the city, mountains and sea4. Internal private staircase connecting level 4 with level 55. External private staircase connecting level 5 with the roof garden at level 66. Two covered parking spaces for each penthouseTwo duplexes penthouses available for sale:Internal areas: 136m2Covered verandas: 48m2Roof garden: 41m2Delivery April 2024PLUS V.A.T
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Currency Exchange
5459, 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 €725,000 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 |
|---|---|---|---|
| €725,000 | £602,946 | £623,950 | £21,003 |
| Property Price € | €725,000 |
| Minimum cost in the last six months | £602,946 |
| Maximum cost in the last six months | £623,950 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,003 |
5459, 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 €725,000 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 |
|---|---|---|---|
| €725,000 | £602,946 | £623,950 | £21,003 |
| Property Price € | €725,000 |
| Minimum cost in the last six months | £602,946 |
| Maximum cost in the last six months | £623,950 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,003 |
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 £21,003 more.
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