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This new residential project overlooks the Larnaca Salt Lake in the exclusive and prestigious Saint George area in Larnaca and near the beachfront blue-flag beaches
Drosia, Larnaca, Cyprus
REF: 754066
€300,000
Description
This new residential project overlooks the Larnaca Salt Lake in the exclusive and prestigious Saint George area in Larnaca and near the beachfront blue-flag beaches.
The project boasts nine two-bedroom, two-bathroom apartments with spacious and contemporary living areas. All top-floor apartments benefit from large covered balconies plus two rooms on the roof, a bar and barbecue area on the roof garden, and panoramic views of the famous Larnaca Salt Lake. Each apartment has one parking bay and a storage room on the ground level.
All residences feature modern, top-quality Italian ceramic finishes, unique glass balconies, and spacious living areas offering optional space, privacy, and great views.
Furthermore, the development is in a quiet, family-oriented residential neighbourhood surrounded by large luxury houses and residential properties. Supermarkets and private schools such as the American Academy, the Famous Larnaca Salt Lake, and the Cineplex Entertainment Complex are close by.
Larnaca is a beautiful coastal area that offers all the necessary amenities, such as supermarkets, banks, shops, and restaurants. It is a short drive from the beautiful Finikoudes promenade with its many tavernas, bars, cafes, and bustling nightlife.
Please get in touch with Elit Blue to arrange a private viewing.
This new residential project overlooks the Larnaca Salt Lake in the exclusive and prestigious Saint George area in Larnaca and near the beachfront blue-flag beaches.
The project boasts nine two-bedroom, two-bathroom apartments with spacious and contemporary living areas. All top-floor apartments benefit from large covered balconies plus two rooms on the roof, a bar and barbecue area on the roof garden, and panoramic views of the famous Larnaca Salt Lake. Each apartment has one parking bay and a storage room on the ground level.
All residences feature modern, top-quality Italian ceramic finishes, unique glass balconies, and spacious living areas offering optional space, privacy, and great views.
Furthermore, the development is in a quiet, family-oriented residential neighbourhood surrounded by large luxury houses and residential properties. Supermarkets and private schools such as the American Academy, the Famous Larnaca Salt Lake, and the Cineplex Entertainment Complex are close by.
Larnaca is a beautiful coastal area that offers all the necessary amenities, such as supermarkets, banks, shops, and restaurants. It is a short drive from the beautiful Finikoudes promenade with its many tavernas, bars, cafes, and bustling nightlife.
Please get in touch with Elit Blue to arrange a private viewing.
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Currency Exchange
Drosia, Larnaca, 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 €300,000 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 |
|---|---|---|---|
| €300,000 | £247,170 | £257,835 | £10,665 |
| Property Price € | €300,000 |
| Minimum cost in the last six months | £247,170 |
| Maximum cost in the last six months | £257,835 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,665 |
Drosia, Larnaca, 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 €300,000 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 |
|---|---|---|---|
| €300,000 | £247,170 | £257,835 | £10,665 |
| Property Price € | €300,000 |
| Minimum cost in the last six months | £247,170 |
| Maximum cost in the last six months | £257,835 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,665 |
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 £10,665 more.
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