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It is a new luxury and high-end residence within walking distance of the famous Makenzy beachfront
Makenzy, Larnaca, Cyprus
REF: 645616
€800,000
Description
It is a new luxury and high-end residence within walking distance of the famous Makenzy beachfront.
The project will comprise fourteen spacious apartments of three two bedrooms and two bathrooms on the 1st and 4th floor of the project.
The fifth and sixth floors of the project are entire-floor apartments with three bedrooms and three bathrooms, each with spacious covered and uncovered balconies to secure and maximise its owners' comfortable and private quality of life.
Furthermore, the private and luxurious penthouse enjoys a magical panoramic southeast view of Makenzy Beach.
Each apartment will benefit from a parking bay and storage room on the ground floor.
*Delivery May 2024.
Please get in touch with Elit Blue to arrange a private viewing.
It is a new luxury and high-end residence within walking distance of the famous Makenzy beachfront.
The project will comprise fourteen spacious apartments of three two bedrooms and two bathrooms on the 1st and 4th floor of the project.
The fifth and sixth floors of the project are entire-floor apartments with three bedrooms and three bathrooms, each with spacious covered and uncovered balconies to secure and maximise its owners' comfortable and private quality of life.
Furthermore, the private and luxurious penthouse enjoys a magical panoramic southeast view of Makenzy Beach.
Each apartment will benefit from a parking bay and storage room on the ground floor.
*Delivery May 2024.
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 €800,000 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 |
|---|---|---|---|
| €800,000 | £662,648 | £687,560 | £24,912 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £662,648 |
| Maximum cost in the last six months | £687,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,912 |
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 €800,000 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 |
|---|---|---|---|
| €800,000 | £662,648 | £687,560 | £24,912 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £662,648 |
| Maximum cost in the last six months | £687,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,912 |
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 £24,912 more.
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