This apartment is ideal for either a permanent residence, holiday home, or simply an appreciating asset

Geroskipou, Paphos, Cyprus

For Sale

€398,000

REF: 644877 €398,000


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Description

This apartment is ideal for either a permanent residence, holiday home, or simply an appreciating asset. Set on a hillside not far from Geroskipou's main square and the ancient spring, the property enjoys views of the fertile plains of Geroskipou and the Mediterranean Sea. Apartments occupiers have access to use the two large communal swimming pools and additional external features such as beautiful gardens, large sun terraces and stone paving.

Interiors are based on the concept of open and light-filled living spaces. Amenities such as communal swimming pools, covered parking, a restaurant, a bar, and a mini-market are just some of the project's conveniences.
This apartment is ideal for either a permanent residence, holiday home, or simply an appreciating asset. Set on a hillside not far from Geroskipou's main square and the ancient spring, the property enjoys views of the fertile plains of Geroskipou and the Mediterranean Sea. Apartments occupiers have access to use the two large communal swimming pools and additional external features such as beautiful gardens, large sun terraces and stone paving.

Interiors are based on the concept of open and light-filled living spaces. Amenities such as communal swimming pools, covered parking, a restaurant, a bar, and a mini-market are just some of the project's conveniences.
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Property on Map

#4820

Currency Exchange

Geroskipou, Paphos, 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 €398,000 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
€398,000 £330,997 £342,527 £11,530
Property Price € €398,000
Minimum cost in the last six months £330,997
Maximum cost in the last six months £342,527
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,530

Geroskipou, Paphos, 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 €398,000 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
€398,000 £330,997 £342,527 £11,530
Property Price € €398,000
Minimum cost in the last six months £330,997
Maximum cost in the last six months £342,527
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,530

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 £11,530 more.

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