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Apartment in Mesa Geitonia
5593, Cyprus
REF: 650470
€400,000
Description
Sunshine Luxury Villas present this 2-bedroom 2nd-floor apartment in Mesa Geitonia, Limassol. * LOCATION, LOCATION, LOCATION* This deluxe 2 bedroom apartment, built in a gated complex, is sold fully furnished as seen with great views. Consisting of a wonderfully spacious lounge with high ceilings, leading out to the covered balcony, a very spacious kitchen, two gorgeous bedrooms - the master bedroom has an en-suite bathroom and there is one family bathroom. This super investment opportunity guarantees high returns and is in a fabulous location, currently long-term rented with a great income. Viewings can be arranged with a few days notice. The building complex is in fabulous, clean condition. Communal fees are 50 Euros per month and the building has an elevator. There are a total of 3 floors. Full air conditioning in all rooms, electric shutters on windows, and a photovoltaic electricity system. A private covered parking space and big storage room. Built-in 2020. Title Deed in process.
Sunshine Luxury Villas present this 2-bedroom 2nd-floor apartment in Mesa Geitonia, Limassol. * LOCATION, LOCATION, LOCATION* This deluxe 2 bedroom apartment, built in a gated complex, is sold fully furnished as seen with great views. Consisting of a wonderfully spacious lounge with high ceilings, leading out to the covered balcony, a very spacious kitchen, two gorgeous bedrooms - the master bedroom has an en-suite bathroom and there is one family bathroom. This super investment opportunity guarantees high returns and is in a fabulous location, currently long-term rented with a great income. Viewings can be arranged with a few days notice. The building complex is in fabulous, clean condition. Communal fees are 50 Euros per month and the building has an elevator. There are a total of 3 floors. Full air conditioning in all rooms, electric shutters on windows, and a photovoltaic electricity system. A private covered parking space and big storage room. Built-in 2020. Title Deed in process.
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Currency Exchange
5593, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £331,324 | £343,780 | £12,456 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £331,324 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,456 |
5593, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £331,324 | £343,780 | £12,456 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £331,324 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,456 |
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 £12,456 more.
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