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Apartment Penthouse in Green Area, Limassol
5459, Cyprus
REF: 697639
€603,000
Description
Reference ID: #SA31047Price details: 603,000 +VATThis luxurious 2-bedroom penthouse is the jewel of a small new-build block of only four 2-bedroom units in Germasogeia, one of the most desirable locations in Limassol.The quiet residential neighbourhood is only 2km from the nearest organized sandy beach.All everyday amenities from banks and supermarkets to shops and restaurants are less than 1km from the property. In addition, easy access to the highway makes it the ideal choice for commuters or regular travellers, as it is midway between the two airports in Larnaca and Pafos, both around 50km away.The penthouse layout is an example of the ultimate urban Mediterranean lifestyle with a touch of exclusivity.Indoors, residents can spread out in the two bedrooms with ensuite bathrooms, while the remarkably spacious open-plan living and dining area extends towards the fully fitted and equipped kitchen.For total comfort and practical convenience, a guest WC is also available.Open the sliding veranda doors that lead to the vast 122m2 terrace with your own jacuzzi and uninterrupted sea view and you will experience the real Mediterranean magic.Covered area: 138m2Uncovered area: 89m2PLUS V.A.T
Reference ID: #SA31047Price details: 603,000 +VATThis luxurious 2-bedroom penthouse is the jewel of a small new-build block of only four 2-bedroom units in Germasogeia, one of the most desirable locations in Limassol.The quiet residential neighbourhood is only 2km from the nearest organized sandy beach.All everyday amenities from banks and supermarkets to shops and restaurants are less than 1km from the property. In addition, easy access to the highway makes it the ideal choice for commuters or regular travellers, as it is midway between the two airports in Larnaca and Pafos, both around 50km away.The penthouse layout is an example of the ultimate urban Mediterranean lifestyle with a touch of exclusivity.Indoors, residents can spread out in the two bedrooms with ensuite bathrooms, while the remarkably spacious open-plan living and dining area extends towards the fully fitted and equipped kitchen.For total comfort and practical convenience, a guest WC is also available.Open the sliding veranda doors that lead to the vast 122m2 terrace with your own jacuzzi and uninterrupted sea view and you will experience the real Mediterranean magic.Covered area: 138m2Uncovered area: 89m2PLUS V.A.T
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Currency Exchange
5459, 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 €603,000 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 |
|---|---|---|---|
| €603,000 | £499,471 | £518,248 | £18,777 |
| Property Price € | €603,000 |
| Minimum cost in the last six months | £499,471 |
| Maximum cost in the last six months | £518,248 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,777 |
5459, 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 €603,000 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 |
|---|---|---|---|
| €603,000 | £499,471 | £518,248 | £18,777 |
| Property Price € | €603,000 |
| Minimum cost in the last six months | £499,471 |
| Maximum cost in the last six months | £518,248 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,777 |
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 £18,777 more.
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