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A stunning apartment in the sought-after Germasogeia Tourist Area
Germasogeia Tourist Area, Limassol, Cyprus
REF: 644837
€2,280,000
Description
A stunning apartment in the sought-after Germasogeia Tourist Area. This key-ready unit offers a spacious internal area of 153.20 m2, featuring three comfortable bedrooms and a modern bathroom. Located on the second floor of an eight-story building, this residence is easily accessible by elevator. Germasogeia Tourist Area is known for its vibrant atmosphere, offering a mix of beautiful beaches, local shops, and delightful restaurants. It's a perfect blend of relaxation and excitement, making it an ideal choice for both living and investment. The apartment boasts energy-efficient ratings of A, ensuring comfort while keeping utility costs low. Built in 2021, it features a contemporary design with central air conditioning and underfloor heating for year-round comfort. Residents can enjoy a range of amenities, including a communal swimming pool and a fully equipped gym, all within a secure gated complex. The location is conveniently situated near the highway and easily accessible to various local amenities, providing both city and country views.
A stunning apartment in the sought-after Germasogeia Tourist Area. This key-ready unit offers a spacious internal area of 153.20 m2, featuring three comfortable bedrooms and a modern bathroom. Located on the second floor of an eight-story building, this residence is easily accessible by elevator. Germasogeia Tourist Area is known for its vibrant atmosphere, offering a mix of beautiful beaches, local shops, and delightful restaurants. It's a perfect blend of relaxation and excitement, making it an ideal choice for both living and investment. The apartment boasts energy-efficient ratings of A, ensuring comfort while keeping utility costs low. Built in 2021, it features a contemporary design with central air conditioning and underfloor heating for year-round comfort. Residents can enjoy a range of amenities, including a communal swimming pool and a fully equipped gym, all within a secure gated complex. The location is conveniently situated near the highway and easily accessible to various local amenities, providing both city and country views.
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Currency Exchange
Germasogeia Tourist Area, Limassol, 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 €2,280,000 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 |
|---|---|---|---|
| €2,280,000 | £1,878,492 | £1,929,085 | £50,593 |
| Property Price € | €2,280,000 |
| Minimum cost in the last six months | £1,878,492 |
| Maximum cost in the last six months | £1,929,085 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,593 |
Germasogeia Tourist Area, Limassol, 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 €2,280,000 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 |
|---|---|---|---|
| €2,280,000 | £1,878,492 | £1,929,085 | £50,593 |
| Property Price € | €2,280,000 |
| Minimum cost in the last six months | £1,878,492 |
| Maximum cost in the last six months | £1,929,085 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,593 |
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 £50,593 more.
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