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Price +VAT The project is a unique seafront resort that comprises of 2 high-rise towers (15-storey building with luxury apartments and 16-storey 5-star hotel) and 20 luxury villas with private pools and BBQ areas situated on a 46,000 sqm of beautifully landscaped land plot
Kato Paphos, Paphos, Cyprus
REF: 667068
€1,360,000
Description
Price +VAT The project is a unique seafront resort that comprises of 2 high-rise towers (15-storey building with luxury apartments and 16-storey 5-star hotel) and 20 luxury villas with private pools and BBQ areas situated on a 46,000 sqm of beautifully landscaped land plot. The Resort is the only high-rise project that is licensed to be built in Paphos - the towers will be of 15 and 16 floors respectively while the city's tallest buildings are currently 5 floors only. All the apartments, duplexes and penthouses offer stunning sea views. On-site 5-star plus services - 24-hour concierge, reception and security; restaurants, bars, large swimming pools for adults and children, luxury boutiques, Spa, gym and sports grounds.Beachfront location in the best tourist area next to major 5-star hotels, most exquisite restaurants and bars and walking distance to the sights of Kato Paphos and all the amenities. Sodap beach - the only sandy beach in Paphos in front of the Resort. Next to the seafront walking path Great investment potential - the area is in demand for new luxury properties both for short and long-term rentals.
Price +VAT The project is a unique seafront resort that comprises of 2 high-rise towers (15-storey building with luxury apartments and 16-storey 5-star hotel) and 20 luxury villas with private pools and BBQ areas situated on a 46,000 sqm of beautifully landscaped land plot. The Resort is the only high-rise project that is licensed to be built in Paphos - the towers will be of 15 and 16 floors respectively while the city's tallest buildings are currently 5 floors only. All the apartments, duplexes and penthouses offer stunning sea views. On-site 5-star plus services - 24-hour concierge, reception and security; restaurants, bars, large swimming pools for adults and children, luxury boutiques, Spa, gym and sports grounds.Beachfront location in the best tourist area next to major 5-star hotels, most exquisite restaurants and bars and walking distance to the sights of Kato Paphos and all the amenities. Sodap beach - the only sandy beach in Paphos in front of the Resort. Next to the seafront walking path Great investment potential - the area is in demand for new luxury properties both for short and long-term rentals.
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Currency Exchange
Kato Paphos, 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 €1,360,000 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 |
|---|---|---|---|
| €1,360,000 | £1,131,357 | £1,170,443 | £39,086 |
| Property Price € | €1,360,000 |
| Minimum cost in the last six months | £1,131,357 |
| Maximum cost in the last six months | £1,170,443 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,086 |
Kato Paphos, 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 €1,360,000 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 |
|---|---|---|---|
| €1,360,000 | £1,131,357 | £1,170,443 | £39,086 |
| Property Price € | €1,360,000 |
| Minimum cost in the last six months | £1,131,357 |
| Maximum cost in the last six months | £1,170,443 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,086 |
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 £39,086 more.
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