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Apartment Flat in Agios Nikolaos, Limassol
5684, Cyprus
REF: 687083
€560,000
Description
Reference ID: #SA30814Price details: 560,000New, unique design and luxury 2-bedroom apartment in the center of Limassol, in one of the most desirable areas Agios Nikolaos, close to Riga Fereou Street and Agios Nikolaos roundabout, within walking distance to all amenities/services and to the sea.- Internal area: 85 sq.m- Covered veranda: 24 sq.m- Covered parking space- Store roomFully upgraded interior:Solid oak parquet 14 mm thickness (Germany).Suspended ceiling with spotlights and LED lights from the Italian brand FLOS.Top air conditioning VRV system from DAIKIN + 2 newest generation wall units from LG in the bedrooms.Italian cuisine from COPAT LIFE.All luxury household appliances from MIELE.Italian ceramic tiles from FMG and FIANDRE.Sanitary ware KARTEL LAUFEN.Mixers and head shower GROHEAll movable furniture, TV / audio electronic and interior items are included in the price.Apartment currently is rented with a very good return on your investment = 7.5% per year.No V.A.T
Reference ID: #SA30814Price details: 560,000New, unique design and luxury 2-bedroom apartment in the center of Limassol, in one of the most desirable areas Agios Nikolaos, close to Riga Fereou Street and Agios Nikolaos roundabout, within walking distance to all amenities/services and to the sea.- Internal area: 85 sq.m- Covered veranda: 24 sq.m- Covered parking space- Store roomFully upgraded interior:Solid oak parquet 14 mm thickness (Germany).Suspended ceiling with spotlights and LED lights from the Italian brand FLOS.Top air conditioning VRV system from DAIKIN + 2 newest generation wall units from LG in the bedrooms.Italian cuisine from COPAT LIFE.All luxury household appliances from MIELE.Italian ceramic tiles from FMG and FIANDRE.Sanitary ware KARTEL LAUFEN.Mixers and head shower GROHEAll movable furniture, TV / audio electronic and interior items are included in the price.Apartment currently is rented with a very good return on your investment = 7.5% per year.No V.A.T
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Currency Exchange
5684, 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 €560,000 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 |
|---|---|---|---|
| €560,000 | £463,854 | £481,292 | £17,438 |
| Property Price € | €560,000 |
| Minimum cost in the last six months | £463,854 |
| Maximum cost in the last six months | £481,292 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,438 |
5684, 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 €560,000 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 |
|---|---|---|---|
| €560,000 | £463,854 | £481,292 | £17,438 |
| Property Price € | €560,000 |
| Minimum cost in the last six months | £463,854 |
| Maximum cost in the last six months | £481,292 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,438 |
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 £17,438 more.
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