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House Maisonette in Germasogeia Tourist Area, Limassol
5737, Cyprus
REF: 642318
€920,000
Description
Reference ID: #SA28862Price details: 920,000For sale 2-level apartment with 4-bedrooms, located on a first line of the beachfront in a luxury gated complex in Germasogeia tourist area in Limassol. This is duplex apartment with a separate entrance are made in an original modern design. Fully furnished. Installed air conditioning and heated floors in all rooms. A cozy patio, as well as a balcony on the second level.Covered area: 150 sq.mAdjastend yard: 45 sq.mThe first level contains: entrance hall;living room;an office that can be used as an additional bedroom;fully equipped kitchen, as well as a dining area;bathroom with shower;pantry.On the second level there are:two bedrooms, each with its own bathroom with shower;one bedroom and bathroom with bath.Very good location: beachfront, close to the shops, cafes, restaurants, beautiful Dasoudi Park and other places.Great investment property - can be rented out with a long-term contract as well as with a short-term rent throught Airbnb / Booking.Additionally, there is an option to buy the pool of five 1-bedroom and one 2-bedroom (mezonet) apartment in the same complex.
Reference ID: #SA28862Price details: 920,000For sale 2-level apartment with 4-bedrooms, located on a first line of the beachfront in a luxury gated complex in Germasogeia tourist area in Limassol. This is duplex apartment with a separate entrance are made in an original modern design. Fully furnished. Installed air conditioning and heated floors in all rooms. A cozy patio, as well as a balcony on the second level.Covered area: 150 sq.mAdjastend yard: 45 sq.mThe first level contains: entrance hall;living room;an office that can be used as an additional bedroom;fully equipped kitchen, as well as a dining area;bathroom with shower;pantry.On the second level there are:two bedrooms, each with its own bathroom with shower;one bedroom and bathroom with bath.Very good location: beachfront, close to the shops, cafes, restaurants, beautiful Dasoudi Park and other places.Great investment property - can be rented out with a long-term contract as well as with a short-term rent throught Airbnb / Booking.Additionally, there is an option to buy the pool of five 1-bedroom and one 2-bedroom (mezonet) apartment in the same complex.
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Currency Exchange
5737, 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 €920,000 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 |
|---|---|---|---|
| €920,000 | £765,330 | £791,770 | £26,441 |
| Property Price € | €920,000 |
| Minimum cost in the last six months | £765,330 |
| Maximum cost in the last six months | £791,770 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,441 |
5737, 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 €920,000 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 |
|---|---|---|---|
| €920,000 | £765,330 | £791,770 | £26,441 |
| Property Price € | €920,000 |
| Minimum cost in the last six months | £765,330 |
| Maximum cost in the last six months | £791,770 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,441 |
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 £26,441 more.
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