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For Sale Under Construction second floor - top floor Apartment
Kato Paphos - Universal, Paphos, Cyprus
REF: 736715
€250,000
Description
For Sale Under Construction second floor - top floor Apartment. will be ready in May 2024.
storage area of 8.50m2.
All Units will be comfortable and modern, in the city center of Paphos (Universal)
The project comprises of studios, 1 and 2 bedroom apartments.
The development is in very close proximity to a wide range of shops, restaurants, cafes and bars while only
being a short driving distance away from the Kings Avenue Mall, nearby sandy beaches, golf resorts such
as the Venus Rock Golf Resort and the International School of Paphos. The upcoming American University
of Beirut (AUB) and the Cyprus University of Technology will be in very close proximity to the
Apartments, making these residences an ideal investment opportunity for rentals.
The contemporary finishes and internal spaces of the apartments will offer all comforts to their future
homeowners.
For Sale Under Construction second floor - top floor Apartment. will be ready in May 2024.
storage area of 8.50m2.
All Units will be comfortable and modern, in the city center of Paphos (Universal)
The project comprises of studios, 1 and 2 bedroom apartments.
The development is in very close proximity to a wide range of shops, restaurants, cafes and bars while only
being a short driving distance away from the Kings Avenue Mall, nearby sandy beaches, golf resorts such
as the Venus Rock Golf Resort and the International School of Paphos. The upcoming American University
of Beirut (AUB) and the Cyprus University of Technology will be in very close proximity to the
Apartments, making these residences an ideal investment opportunity for rentals.
The contemporary finishes and internal spaces of the apartments will offer all comforts to their future
homeowners.
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Property on Map
Currency Exchange
Kato Paphos - Universal, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £209,518 | £215,640 | £6,123 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £209,518 |
| Maximum cost in the last six months | £215,640 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,123 |
Kato Paphos - Universal, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £209,518 | £215,640 | £6,123 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £209,518 |
| Maximum cost in the last six months | £215,640 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,123 |
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 £6,123 more.
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