This comfortable and modern residence is in the city centre of Paphos

Paphos Town Center, Paphos, Cyprus

For Sale

€240,000

REF: 645369 €240,000


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Description

This comfortable and modern residence is in the city centre of Paphos. The development is close to a wide range of shops, restaurants, and bars while only being a short distance from the Kings Avenue Mall, sandy beaches, and golf resorts such as the Venus Rock Golf Resort and the International School of Paphos.

The upcoming American University of Beirut (AUB) and the Cyprus University of Technology. They are offering contemporary finishes and internal spaces to all future homeowners. The Old Town is an experience that you should take advantage of. Stroll through the market to find unique shops selling leather shoes, jewellery, souvenirs, and designer labels and discover the Cypriot culture in person.

Step out to the Municipality Market just next door and find an array of colourful fresh fruit, vegetables and local produce for an authentic taste of Cyprus. Please get in touch with Elit Blue to arrange a private viewing.
This comfortable and modern residence is in the city centre of Paphos. The development is close to a wide range of shops, restaurants, and bars while only being a short distance from the Kings Avenue Mall, sandy beaches, and golf resorts such as the Venus Rock Golf Resort and the International School of Paphos.

The upcoming American University of Beirut (AUB) and the Cyprus University of Technology. They are offering contemporary finishes and internal spaces to all future homeowners. The Old Town is an experience that you should take advantage of. Stroll through the market to find unique shops selling leather shoes, jewellery, souvenirs, and designer labels and discover the Cypriot culture in person.

Step out to the Municipality Market just next door and find an array of colourful fresh fruit, vegetables and local produce for an authentic taste of Cyprus. Please get in touch with Elit Blue to arrange a private viewing.
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Property on Map

#5390

Currency Exchange

Paphos Town Center, 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 €240,000 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
€240,000 £198,794 £206,268 £7,474
Property Price € €240,000
Minimum cost in the last six months £198,794
Maximum cost in the last six months £206,268
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,474

Paphos Town Center, 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 €240,000 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
€240,000 £198,794 £206,268 £7,474
Property Price € €240,000
Minimum cost in the last six months £198,794
Maximum cost in the last six months £206,268
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,474

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 £7,474 more.

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