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Apartment, For Sale, Limassol, Mesa Geitonia
Mesa Geitonia, Cyprus
REF: 765409
€530,000
Description
We are happy to present you this beautiful, modern, unique design, under construction two bedroom penthouse apartment, located in Mesa Geitonia area. The apartment is sitting on the third floor of a 4 storey building with only 7 units on it. It has an internal area of 80sqm plus 16sqm covered veranda, open plan kitchen with living room and dining area, main bathroom and two good size bedrooms. Master bedroom is en suit with toilet and shower. From the living room, you have access to the big veranda with the nice sea view and city view, through big sliding windows. All the apartments will have provisions for ac units, provisions for electric heating, installation of photovoltaic system 2KV, covered parking and a storage room. The whole building will also have a main installation of photovoltaic system, which will absorb the cost of the electricity for the common's areas use. The location of the building gives very easy access to the highway and the center of the town and the area is surrounded by all the amenities. The apartment is suitable for own use or for investment, as in the area there is high demand for rentals.
We are happy to present you this beautiful, modern, unique design, under construction two bedroom penthouse apartment, located in Mesa Geitonia area. The apartment is sitting on the third floor of a 4 storey building with only 7 units on it. It has an internal area of 80sqm plus 16sqm covered veranda, open plan kitchen with living room and dining area, main bathroom and two good size bedrooms. Master bedroom is en suit with toilet and shower. From the living room, you have access to the big veranda with the nice sea view and city view, through big sliding windows. All the apartments will have provisions for ac units, provisions for electric heating, installation of photovoltaic system 2KV, covered parking and a storage room. The whole building will also have a main installation of photovoltaic system, which will absorb the cost of the electricity for the common's areas use. The location of the building gives very easy access to the highway and the center of the town and the area is surrounded by all the amenities. The apartment is suitable for own use or for investment, as in the area there is high demand for rentals.
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Currency Exchange
Mesa Geitonia, 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 €530,000 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 |
|---|---|---|---|
| €530,000 | £439,004 | £455,509 | £16,504 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £439,004 |
| Maximum cost in the last six months | £455,509 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,504 |
Mesa Geitonia, 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 €530,000 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 |
|---|---|---|---|
| €530,000 | £439,004 | £455,509 | £16,504 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £439,004 |
| Maximum cost in the last six months | £455,509 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,504 |
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 £16,504 more.
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