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House Detached in Parklane, Limassol
5631, Cyprus
REF: 728728
€15,000,000
Description
Reference ID: #SA26396Price details: 15,000,000A luxurious 4 bedroom Villa in Limassol, located in one of the most desirable areas of Limassol, with direct access to the beach, a short walk from the famous resort of St Raphael Marina Resort. The Villa consists of 4 bedrooms (the two with ensuite bathroom and the master rooms with ensuite bathrooms and a walk-in wardrobe) gym, cinema room, large separate lounge, spacious kitchen with sitting area, mates room, Jacuzzi. The gated complex has a clock security and Concierge, cameras throughout the complex, a Spa, a gym and a pool.The house has an internal area of 750sqm, a basement of 229 sqm and an attic of 40 sqm. The land area of the house is 1487 sqm.There is a separate title deed for the house.
Reference ID: #SA26396Price details: 15,000,000A luxurious 4 bedroom Villa in Limassol, located in one of the most desirable areas of Limassol, with direct access to the beach, a short walk from the famous resort of St Raphael Marina Resort. The Villa consists of 4 bedrooms (the two with ensuite bathroom and the master rooms with ensuite bathrooms and a walk-in wardrobe) gym, cinema room, large separate lounge, spacious kitchen with sitting area, mates room, Jacuzzi. The gated complex has a clock security and Concierge, cameras throughout the complex, a Spa, a gym and a pool.The house has an internal area of 750sqm, a basement of 229 sqm and an attic of 40 sqm. The land area of the house is 1487 sqm.There is a separate title deed for the house.
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Currency Exchange
5631, 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 €15,000,000 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 |
|---|---|---|---|
| €15,000,000 | £12,424,650 | £12,891,750 | £467,100 |
| Property Price € | €15,000,000 |
| Minimum cost in the last six months | £12,424,650 |
| Maximum cost in the last six months | £12,891,750 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £467,100 |
5631, 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 €15,000,000 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 |
|---|---|---|---|
| €15,000,000 | £12,424,650 | £12,891,750 | £467,100 |
| Property Price € | €15,000,000 |
| Minimum cost in the last six months | £12,424,650 |
| Maximum cost in the last six months | £12,891,750 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £467,100 |
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 £467,100 more.
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