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This new and prestigious residential building features luxury apartments with spacious verandas and terraces in Mackenzie, Larnaca
Makenzy, Larnaca, Cyprus
REF: 645166
€600,000
Description
This new and prestigious residential building features luxury apartments with spacious verandas and terraces in Mackenzie, Larnaca.
A luxurious project features apartments with private gardens and roof terraces in Mackenzie, the best tourist area and an elegant neighbourhood surrounded by various amenities only 150m from the beach!
Over the past few years, Cyprus has grown in stature, and its economy has become an investment magnet for foreign and local developers and buyers. Strategically located between Europe and the Middle East, this emerging European country has been a tourist destination blessed with beautiful golden beaches, a turquoise sea, and lovely weather all year long, appealing to those chasing a healthy and tranquil life.
Mackenzie, Larnaca.
Please get in touch with Elit Blue to arrange a private viewing.
This new and prestigious residential building features luxury apartments with spacious verandas and terraces in Mackenzie, Larnaca.
A luxurious project features apartments with private gardens and roof terraces in Mackenzie, the best tourist area and an elegant neighbourhood surrounded by various amenities only 150m from the beach!
Over the past few years, Cyprus has grown in stature, and its economy has become an investment magnet for foreign and local developers and buyers. Strategically located between Europe and the Middle East, this emerging European country has been a tourist destination blessed with beautiful golden beaches, a turquoise sea, and lovely weather all year long, appealing to those chasing a healthy and tranquil life.
Mackenzie, Larnaca.
Please get in touch with Elit Blue to arrange a private viewing.
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Currency Exchange
Makenzy, Larnaca, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £496,986 | £515,670 | £18,684 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £496,986 |
| Maximum cost in the last six months | £515,670 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,684 |
Makenzy, Larnaca, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £496,986 | £515,670 | £18,684 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £496,986 |
| Maximum cost in the last six months | £515,670 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,684 |
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 £18,684 more.
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