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Apartment Flat in Papas Area, Limassol
5459, Cyprus
REF: 642925
€1,475,000
Description
Reference ID: #SA24713Price details: 1,475,000 Entirely renovated apartment for sale, is positioned between the seafront and the sea road adjacent to the famous Dasoudi Beach. It is suitably located a few steps away from restaurants, cafes, and various retail outlets.The property has been completely transformed into a modern living space equipped with the latest amenities and features such as ethanol fireplace, underfloor heating, solar panels for energy saving, walk-in closet, and built in closets.The open plan shared living space is fitted with a contemporary kitchen, that also encompasses the dining and living areas, it also features a home office space. The living room is fitted with seamless glass windows providing an unobstructed panoramic view. Apartment has one master bedroom with a walk-in closet and en-suite bathroom, and two bedrooms with built in closets that share a bathroom, in addition to a guest bathroomThe apartment is situated on the third floor within a gated complex consisting of two well maintained residential buildings. It boasts sweeping views overlooking the sea and beach with a corner view of a seasonal flowing river to the sea and is surrounded by pristinely landscaped gardens.Fully renovated 2020
Reference ID: #SA24713Price details: 1,475,000 Entirely renovated apartment for sale, is positioned between the seafront and the sea road adjacent to the famous Dasoudi Beach. It is suitably located a few steps away from restaurants, cafes, and various retail outlets.The property has been completely transformed into a modern living space equipped with the latest amenities and features such as ethanol fireplace, underfloor heating, solar panels for energy saving, walk-in closet, and built in closets.The open plan shared living space is fitted with a contemporary kitchen, that also encompasses the dining and living areas, it also features a home office space. The living room is fitted with seamless glass windows providing an unobstructed panoramic view. Apartment has one master bedroom with a walk-in closet and en-suite bathroom, and two bedrooms with built in closets that share a bathroom, in addition to a guest bathroomThe apartment is situated on the third floor within a gated complex consisting of two well maintained residential buildings. It boasts sweeping views overlooking the sea and beach with a corner view of a seasonal flowing river to the sea and is surrounded by pristinely landscaped gardens.Fully renovated 2020
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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 €1,475,000 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 |
|---|---|---|---|
| €1,475,000 | £1,221,757 | £1,267,689 | £45,932 |
| Property Price € | €1,475,000 |
| Minimum cost in the last six months | £1,221,757 |
| Maximum cost in the last six months | £1,267,689 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £45,932 |
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 €1,475,000 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 |
|---|---|---|---|
| €1,475,000 | £1,221,757 | £1,267,689 | £45,932 |
| Property Price € | €1,475,000 |
| Minimum cost in the last six months | £1,221,757 |
| Maximum cost in the last six months | £1,267,689 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £45,932 |
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 £45,932 more.
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