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House Detached in Panthea, Limassol
5731, Cyprus
REF: 642808
€1,200,000
Description
Reference ID: #SA25651Price details: 1,200,000House fully renovated 2020 and is located at the high-developed area of Panthea, one of the most luxurious residential area of Limassol, 350m northeast of the private school, The Grammar School . It has unobstructed views of the East side of Limassol, is built on a plot of 659sqm, it has three floors of a total area of around 319sqm, verandas of around 30sqm, covered parking, pool area with kiosks, matured garden and it is furthermore adjoining to a sidewalk and a large green area. The first floor is of an area of around 140sqm and is comprised of a sitting area, a TV room, a kitchen, a dining area and a guests WC. It also covers verandas around the floor.The second floor is of an area of around 147sqm and is comprised of two large ensuite bedrooms, cabinets being used as a small library (or can be used as a small kitchen), two large single bedrooms and one common bathroom. It also covers verandas around the floor. On this floor there are also two large attics, which can be used as storage areas.The residence has also a basement of an area of around 32sqm, which comprises of an extra bedroom and a laundry room. A staircase is connecting all the floors, and at the basement, there is a large storage area underneath the stairs.A beautiful granite covers almost the entire internal areas of the residence including the staircase, whereas ceramics cover the bathrooms and kitchen, and lami-nate parquet the five bedrooms. The residence also has underfloor heating installations throughout the floors and a/c units/provisions.Moving to the outside area, you will find a large pool of 12x5m dimensions and a large kiosk. A bush fence and large and small pine trees are surrounding the entire house.
Reference ID: #SA25651Price details: 1,200,000House fully renovated 2020 and is located at the high-developed area of Panthea, one of the most luxurious residential area of Limassol, 350m northeast of the private school, The Grammar School . It has unobstructed views of the East side of Limassol, is built on a plot of 659sqm, it has three floors of a total area of around 319sqm, verandas of around 30sqm, covered parking, pool area with kiosks, matured garden and it is furthermore adjoining to a sidewalk and a large green area. The first floor is of an area of around 140sqm and is comprised of a sitting area, a TV room, a kitchen, a dining area and a guests WC. It also covers verandas around the floor.The second floor is of an area of around 147sqm and is comprised of two large ensuite bedrooms, cabinets being used as a small library (or can be used as a small kitchen), two large single bedrooms and one common bathroom. It also covers verandas around the floor. On this floor there are also two large attics, which can be used as storage areas.The residence has also a basement of an area of around 32sqm, which comprises of an extra bedroom and a laundry room. A staircase is connecting all the floors, and at the basement, there is a large storage area underneath the stairs.A beautiful granite covers almost the entire internal areas of the residence including the staircase, whereas ceramics cover the bathrooms and kitchen, and lami-nate parquet the five bedrooms. The residence also has underfloor heating installations throughout the floors and a/c units/provisions.Moving to the outside area, you will find a large pool of 12x5m dimensions and a large kiosk. A bush fence and large and small pine trees are surrounding the entire house.
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Currency Exchange
5731, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £993,972 | £1,031,340 | £37,368 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £993,972 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,368 |
5731, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £993,972 | £1,031,340 | £37,368 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £993,972 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,368 |
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 £37,368 more.
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