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Apartment, For Sale, Limassol, Panthea
Panthea, Cyprus
REF: 765092
€375,000
Description
The Project comprises of 1,2,3 Bedroom beautiful Apartments with spectacular sea view and mountain views. The Project includes a Communal Swimming Pool and Garden. €œPANTHEA AREA€œ is a highly developed Area which has been chosen by the social ELITE for it€™s tranquility as it is surrounded mostly by expensive Villas. The main characteristics of the Area is that is situated within short distance from all the amenities and the famous Grammar School of Limassol. Distance to the airport is 30-40 minutes€™ drive. The Architectural design is breath-taking with security gates, intercom facilities and ample parking. The materials selected for the construction are mostly imported with high tech specification, resistant to long life thus lowering future maintenance costs. The Building is featuring high quality external finishes such as HPL Aluminium and glass. Each Apartment has its own Photovoltaic System, lowering electricity consumption. Call us for more information.
The Project comprises of 1,2,3 Bedroom beautiful Apartments with spectacular sea view and mountain views. The Project includes a Communal Swimming Pool and Garden. €œPANTHEA AREA€œ is a highly developed Area which has been chosen by the social ELITE for it€™s tranquility as it is surrounded mostly by expensive Villas. The main characteristics of the Area is that is situated within short distance from all the amenities and the famous Grammar School of Limassol. Distance to the airport is 30-40 minutes€™ drive. The Architectural design is breath-taking with security gates, intercom facilities and ample parking. The materials selected for the construction are mostly imported with high tech specification, resistant to long life thus lowering future maintenance costs. The Building is featuring high quality external finishes such as HPL Aluminium and glass. Each Apartment has its own Photovoltaic System, lowering electricity consumption. Call us for more information.
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Currency Exchange
Panthea, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £311,955 | £322,733 | £10,778 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £311,955 |
| Maximum cost in the last six months | £322,733 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,778 |
Panthea, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £311,955 | £322,733 | £10,778 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £311,955 |
| Maximum cost in the last six months | £322,733 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,778 |
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 £10,778 more.
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