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Apartment Penthouse in Mackenzie, Larnaca
5736, Cyprus
REF: 655679
€585,000
Description
Reference ID: #SA30263Price details: 585,000 +VATComing soon in the most famous area of Larnaca, the project will include 1-bedroom apartments and a 3-bedroom penthouse with a large roof terrace.The project is ideal for short-term rental as it is strategically located near public amenities and next to renowned restaurants and cafes. 6 Floors 12 x 1-Bedroom Apartments 1 x 3-Bedroom Apartment 1 x 3-Bedroom Penthouse with Large Roof Terrace 90 meters from Mackenzie Beach Close to Restaurants & Cafes Ideal for Short-Term Rental Investment Opportunities with High Return Project Status: Understudy Delivery Date: 15 months from construction start dateCovered area 103 sq.m.Covered veranda 42 sq.m.Roof garden 12 sq.m.PLUS V.A.T
Reference ID: #SA30263Price details: 585,000 +VATComing soon in the most famous area of Larnaca, the project will include 1-bedroom apartments and a 3-bedroom penthouse with a large roof terrace.The project is ideal for short-term rental as it is strategically located near public amenities and next to renowned restaurants and cafes. 6 Floors 12 x 1-Bedroom Apartments 1 x 3-Bedroom Apartment 1 x 3-Bedroom Penthouse with Large Roof Terrace 90 meters from Mackenzie Beach Close to Restaurants & Cafes Ideal for Short-Term Rental Investment Opportunities with High Return Project Status: Understudy Delivery Date: 15 months from construction start dateCovered area 103 sq.m.Covered veranda 42 sq.m.Roof garden 12 sq.m.PLUS V.A.T
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Currency Exchange
5736, 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 €585,000 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 |
|---|---|---|---|
| €585,000 | £484,561 | £502,778 | £18,217 |
| Property Price € | €585,000 |
| Minimum cost in the last six months | £484,561 |
| Maximum cost in the last six months | £502,778 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,217 |
5736, 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 €585,000 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 |
|---|---|---|---|
| €585,000 | £484,561 | £502,778 | £18,217 |
| Property Price € | €585,000 |
| Minimum cost in the last six months | £484,561 |
| Maximum cost in the last six months | £502,778 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,217 |
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 £18,217 more.
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