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Apartment in Amathus
5174, Cyprus
REF: 649657
€4,620,700
Description
Luxury 4 bedroom apartment in one of the most prestigious projects of Limassol. The complex is being built in the eastern part of Limassol, next to the new and the most prestigious Amara hotel, as well as the famous Grand Resort, Elias Beach and Park Lane hotels. It is located directly on the promenade on a plot of 8,000 m2, in the most expensive and prestigious area of Limassol, Amathounta, near the St Raphael Hotel and marina. In addition, perhaps the most popular restaurants of the city are concentrated in this area. 12th floor Area: 303m2 Price +VAT Inside Area: 192 m2 Covered Veranda: 55 m2 Circulation area: 56 m2 Delivery - December 2023 The complex differs from all others, owing to both excellent location and exceptional external and internal features. Guarded fenced area with the 24-hour CCTV surveillance and 76 parking spaces. Bricks for the internal and external walls are used instead of plasterboard (gypsum), as it offers a greater degree of both privacy and security. Landscaping was designed by the London-based company Boon Brown, known for their iconic style. The building, in Art Deco style, is fully cladded with natural polished travertine and ivory marble. This is not only for aesthetical reasons but also due to the fact that it keeps the internal room temperatures comfortable at any season. This is combined with a supply and exhaust ventilation system utilizing heat exchangers, in a manner which simply did not exist in Cyprus before. The residence has only 16 apartments, and is crowned by the 8-bedroom penthouse, a real villa in the skies , with a fireplace, a large infinity pool, a winter garden, a separate internal elevator and a terrace with stunning 360 panoramic views of the coast and mountains.
Luxury 4 bedroom apartment in one of the most prestigious projects of Limassol. The complex is being built in the eastern part of Limassol, next to the new and the most prestigious Amara hotel, as well as the famous Grand Resort, Elias Beach and Park Lane hotels. It is located directly on the promenade on a plot of 8,000 m2, in the most expensive and prestigious area of Limassol, Amathounta, near the St Raphael Hotel and marina. In addition, perhaps the most popular restaurants of the city are concentrated in this area. 12th floor Area: 303m2 Price +VAT Inside Area: 192 m2 Covered Veranda: 55 m2 Circulation area: 56 m2 Delivery - December 2023 The complex differs from all others, owing to both excellent location and exceptional external and internal features. Guarded fenced area with the 24-hour CCTV surveillance and 76 parking spaces. Bricks for the internal and external walls are used instead of plasterboard (gypsum), as it offers a greater degree of both privacy and security. Landscaping was designed by the London-based company Boon Brown, known for their iconic style. The building, in Art Deco style, is fully cladded with natural polished travertine and ivory marble. This is not only for aesthetical reasons but also due to the fact that it keeps the internal room temperatures comfortable at any season. This is combined with a supply and exhaust ventilation system utilizing heat exchangers, in a manner which simply did not exist in Cyprus before. The residence has only 16 apartments, and is crowned by the 8-bedroom penthouse, a real villa in the skies , with a fireplace, a large infinity pool, a winter garden, a separate internal elevator and a terrace with stunning 360 panoramic views of the coast and mountains.
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Currency Exchange
5174, 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 €4,620,700 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 |
|---|---|---|---|
| €4,620,700 | £3,806,995 | £3,971,261 | £164,266 |
| Property Price € | €4,620,700 |
| Minimum cost in the last six months | £3,806,995 |
| Maximum cost in the last six months | £3,971,261 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £164,266 |
5174, 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 €4,620,700 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 |
|---|---|---|---|
| €4,620,700 | £3,806,995 | £3,971,261 | £164,266 |
| Property Price € | €4,620,700 |
| Minimum cost in the last six months | £3,806,995 |
| Maximum cost in the last six months | £3,971,261 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £164,266 |
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 £164,266 more.
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