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Apartment Flat in City Center, Limassol
5687, Cyprus
REF: 743622
€397,570
Description
Reference ID: #SA27152Price details: 397,570 +VATProject is a 3-storey apartment block of six 2-bedroom apartments with modern design and spacious verandas, located in the heart of the historic center of the old city of Limassol, just around the corner from the famous pedestrian shopping street Anexartisias, Cyprus University of Technology, the nightlife of Saripolou, as well as the prestigious Limassol Marina and the Mediterranean Sea.Due to its central location and close proximity to the university, this complex is an ideal investment for those who decide to invest in short-term or long-term rental housing. The ideal location guarantees the investor a stable income. It s also closely located to the city center, where you can reach the pulsating energy of the business center of Limassol, a lively promenade, shopping centers and numerous children s playgrounds, as well as sandy beaches.Easy access to main roadsHigh ceilingslarge VerandaEn suite BathroomNear amenitiesFitted wardrobesNear bus routeAvailable for sale six 2-bedroom apartments.Prices: 397,570- 463,008Covered area 75-76 m2Covered veranda 19-21 m2Completion Date: APR 2025PLUS V.A.T
Reference ID: #SA27152Price details: 397,570 +VATProject is a 3-storey apartment block of six 2-bedroom apartments with modern design and spacious verandas, located in the heart of the historic center of the old city of Limassol, just around the corner from the famous pedestrian shopping street Anexartisias, Cyprus University of Technology, the nightlife of Saripolou, as well as the prestigious Limassol Marina and the Mediterranean Sea.Due to its central location and close proximity to the university, this complex is an ideal investment for those who decide to invest in short-term or long-term rental housing. The ideal location guarantees the investor a stable income. It s also closely located to the city center, where you can reach the pulsating energy of the business center of Limassol, a lively promenade, shopping centers and numerous children s playgrounds, as well as sandy beaches.Easy access to main roadsHigh ceilingslarge VerandaEn suite BathroomNear amenitiesFitted wardrobesNear bus routeAvailable for sale six 2-bedroom apartments.Prices: 397,570- 463,008Covered area 75-76 m2Covered veranda 19-21 m2Completion Date: APR 2025PLUS V.A.T
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Currency Exchange
5687, 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 €397,570 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 |
|---|---|---|---|
| €397,570 | £329,311 | £341,692 | £12,380 |
| Property Price € | €397,570 |
| Minimum cost in the last six months | £329,311 |
| Maximum cost in the last six months | £341,692 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,380 |
5687, 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 €397,570 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 |
|---|---|---|---|
| €397,570 | £329,311 | £341,692 | £12,380 |
| Property Price € | €397,570 |
| Minimum cost in the last six months | £329,311 |
| Maximum cost in the last six months | £341,692 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,380 |
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 £12,380 more.
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