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Apartment, For Sale, Limassol, Potamos Germasogeias
Potamos Germasogeias, Cyprus
REF: 766252
€3,700,000
Description
Luxury-spacious 3+1 bedroom, ground floor-duplex apartment, located in Germasogeia area, in a building with private, security gate, down from the main road of tourist area, walking distance, only a minute from the beach. This ground floor duplex apartment with internal area of 224sqm and 200sqm verandas, only 3 years old, with high quality materials, fully furnished is now on market for sale for 4.4 millions. The apartment has a huge living room and dinning area and a semi separate kitchen in the ground floor, with extra small separate kitchen as well, a guest wc, and one bedroom also wn suit with toilet and its own bathroom. On the floor there are another two bedrooms, en suit with toilet and bathrooms as well and also there is space for another extra 4th bedroom which easily can separate anytime that someone want to do it. As you can see from the photo the apartment is exactly in front of the common swimming pool of the building, has two big size verandas, one ground floor and one on the floor. Has granite all over the house (kitchen, toilets, floors), double glazed windows, full equip with electric appliances and fully furnished, with al that included in the price.Also the apartment has independent vrv units for hot and cold all over the place. Very close to all amenities like supermarkets, schools, bus stop, shops and clubs. Suitable for investment as it can easily rent it more than 7-8 thousands per month. Asking price 4.4 millions with no vat, including furniture and equipments.
Luxury-spacious 3+1 bedroom, ground floor-duplex apartment, located in Germasogeia area, in a building with private, security gate, down from the main road of tourist area, walking distance, only a minute from the beach. This ground floor duplex apartment with internal area of 224sqm and 200sqm verandas, only 3 years old, with high quality materials, fully furnished is now on market for sale for 4.4 millions. The apartment has a huge living room and dinning area and a semi separate kitchen in the ground floor, with extra small separate kitchen as well, a guest wc, and one bedroom also wn suit with toilet and its own bathroom. On the floor there are another two bedrooms, en suit with toilet and bathrooms as well and also there is space for another extra 4th bedroom which easily can separate anytime that someone want to do it. As you can see from the photo the apartment is exactly in front of the common swimming pool of the building, has two big size verandas, one ground floor and one on the floor. Has granite all over the house (kitchen, toilets, floors), double glazed windows, full equip with electric appliances and fully furnished, with al that included in the price.Also the apartment has independent vrv units for hot and cold all over the place. Very close to all amenities like supermarkets, schools, bus stop, shops and clubs. Suitable for investment as it can easily rent it more than 7-8 thousands per month. Asking price 4.4 millions with no vat, including furniture and equipments.
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Currency Exchange
Potamos Germasogeias, 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 €3,700,000 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 |
|---|---|---|---|
| €3,700,000 | £3,079,251 | £3,191,472 | £112,221 |
| Property Price € | €3,700,000 |
| Minimum cost in the last six months | £3,079,251 |
| Maximum cost in the last six months | £3,191,472 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £112,221 |
Potamos Germasogeias, 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 €3,700,000 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 |
|---|---|---|---|
| €3,700,000 | £3,079,251 | £3,191,472 | £112,221 |
| Property Price € | €3,700,000 |
| Minimum cost in the last six months | £3,079,251 |
| Maximum cost in the last six months | £3,191,472 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £112,221 |
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 £112,221 more.
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