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Price from + VAT A brand new gated apartment building consisting of 20 luxury apartments and located in the popular tourist area of Tombs of the Kings in Paphos
Tombs of the Kings, Paphos, Cyprus
REF: 739060
€700,000
Description
Price from + VAT A brand new gated apartment building consisting of 20 luxury apartments and located in the popular tourist area of Tombs of the Kings in Paphos.Situated in very close proximity to British Aspire School, Capital Coast Hotel, and the historic Tomb of the Kings, this prime location offers convenience and accessibility, as well as offers the potential for great return on investment as a rental property. Beaches, the harbour, hotels and King s Avenue Shopping Mall are all less than a 10 minutes walk, and essential amenities just 3 minutes away. Each luxury apartment provides a spacious layout with premium quality finishes, large balcony spaces, and high-end features such as VRV for cooling and underfloor heating.In the project specification and attached prices we include the following features:- Concealed VRV system for cooling- Underfloor heating with water - Alarm system in each property and intercom at entrance door- Electric car gates and provision for Electric car charger- Built-in kitchen and wardrobes- Bathroom with walk-in shower and wall mounted toilets- Slim Line technology thermal aluminium- Zero maintenance exterior design- Energy efficiency category A- Individual covered parking; storage spaces for each apartment The apartment project also offers a range of shared amenities including a 5x16mswimming pool, a lobby area, communal office space and meeting room, an outdoorgym area and an outdoor children's playground.
Price from + VAT A brand new gated apartment building consisting of 20 luxury apartments and located in the popular tourist area of Tombs of the Kings in Paphos.Situated in very close proximity to British Aspire School, Capital Coast Hotel, and the historic Tomb of the Kings, this prime location offers convenience and accessibility, as well as offers the potential for great return on investment as a rental property. Beaches, the harbour, hotels and King s Avenue Shopping Mall are all less than a 10 minutes walk, and essential amenities just 3 minutes away. Each luxury apartment provides a spacious layout with premium quality finishes, large balcony spaces, and high-end features such as VRV for cooling and underfloor heating.In the project specification and attached prices we include the following features:- Concealed VRV system for cooling- Underfloor heating with water - Alarm system in each property and intercom at entrance door- Electric car gates and provision for Electric car charger- Built-in kitchen and wardrobes- Bathroom with walk-in shower and wall mounted toilets- Slim Line technology thermal aluminium- Zero maintenance exterior design- Energy efficiency category A- Individual covered parking; storage spaces for each apartment The apartment project also offers a range of shared amenities including a 5x16mswimming pool, a lobby area, communal office space and meeting room, an outdoorgym area and an outdoor children's playground.
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Currency Exchange
Tombs of the Kings, 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 €700,000 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 |
|---|---|---|---|
| €700,000 | £582,316 | £602,434 | £20,118 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £582,316 |
| Maximum cost in the last six months | £602,434 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,118 |
Tombs of the Kings, 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 €700,000 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 |
|---|---|---|---|
| €700,000 | £582,316 | £602,434 | £20,118 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £582,316 |
| Maximum cost in the last six months | £602,434 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,118 |
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 £20,118 more.
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