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2 bed apartment in City Center
City center, Paphos, Cyprus
REF: 718508
€260,000
Description
Introducing ELEMENTS Residence, nestled within the renowned Park of Colors in central Paphos. This expansive 32,000m park will feature sporting grounds, a children's playground, and a botanical garden, accompanied by facilities like a cafeteria, basketball court, small football court, locker rooms, climbing wall, skatepark, and an outdoor exhibition space. Envisioned as the largest park in Paphos and among the biggest on the island, it promises a vibrant and dynamic living experience. ELEMENTS offers unobstructed views of lower Paphos and the sparkling sea, presenting the epitome of city living. Stroll easily to the old town, where charming narrow streets brim with shops, coffee shops, bars, and restaurants. The commercial district, nightlife spots, the renowned Hammam Baths, Paphos Mall, and convenient access to the city's bus route make this residence the ideal location to indulge in the best of Paphos. Whether seeking a city base or a rewarding investment with excellent rental potential, ELEMENTS Residence provides an enticing opportunity. Comprising four buildings, each seven levels high, this project offers a diverse range of 1, 2, and 3-bedroom apartments. Inside, every apartment boasts spacious bedrooms, inviting living areas, and open-plan kitchens, all perfectly complemented by breathtaking panoramic views of the mesmerizing sea and cityscapes. Elevate your lifestyle and immerse yourself in the vibrant ambiance of ELEMENTS, where modern living intertwines with nature's allure.
Introducing ELEMENTS Residence, nestled within the renowned Park of Colors in central Paphos. This expansive 32,000m park will feature sporting grounds, a children's playground, and a botanical garden, accompanied by facilities like a cafeteria, basketball court, small football court, locker rooms, climbing wall, skatepark, and an outdoor exhibition space. Envisioned as the largest park in Paphos and among the biggest on the island, it promises a vibrant and dynamic living experience. ELEMENTS offers unobstructed views of lower Paphos and the sparkling sea, presenting the epitome of city living. Stroll easily to the old town, where charming narrow streets brim with shops, coffee shops, bars, and restaurants. The commercial district, nightlife spots, the renowned Hammam Baths, Paphos Mall, and convenient access to the city's bus route make this residence the ideal location to indulge in the best of Paphos. Whether seeking a city base or a rewarding investment with excellent rental potential, ELEMENTS Residence provides an enticing opportunity. Comprising four buildings, each seven levels high, this project offers a diverse range of 1, 2, and 3-bedroom apartments. Inside, every apartment boasts spacious bedrooms, inviting living areas, and open-plan kitchens, all perfectly complemented by breathtaking panoramic views of the mesmerizing sea and cityscapes. Elevate your lifestyle and immerse yourself in the vibrant ambiance of ELEMENTS, where modern living intertwines with nature's allure.
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Currency Exchange
City center, 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 €260,000 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 |
|---|---|---|---|
| €260,000 | £216,289 | £223,761 | £7,472 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £216,289 |
| Maximum cost in the last six months | £223,761 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,472 |
City center, 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 €260,000 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 |
|---|---|---|---|
| €260,000 | £216,289 | £223,761 | £7,472 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £216,289 |
| Maximum cost in the last six months | £223,761 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,472 |
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 £7,472 more.
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