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Apartment, For Sale, Limassol, Panthea
Panthea, Cyprus
REF: 766465
€320,000
Description
We present you this beautiful, modern design, under construction 2 bedroom apartment, located in one of the most exclusive areas in Limassol, Panthea. The apartment, is sitting on the first floor, part of a 5 units only, modern design building, divided into 3 levels, the ground floor, the first floor and the second floor which is the top one. It has internal area 75sqm plus 17sqm covered veranda and has also a covered parking and a storage room. The apartment has a spacious design, with open plan kitchen with living room and dining area, main bathroom and two good size bedroom. Master bedroom is en suit with toilet and shower. The apartment has access to the nice, big veranda which has amazing view, through sliding windows. All the apartments come with provisions for ac units and electric heating and installation for photovoltaic system as well. The location of the project provides very easy access to the highway and the center of the town and the area is surrounded by all the amenities like bakeries, schools, private schools, bus stop, supermarkets and many more. The apartment is suitable option for own living or for investment as in the area there is a high rental demand.
We present you this beautiful, modern design, under construction 2 bedroom apartment, located in one of the most exclusive areas in Limassol, Panthea. The apartment, is sitting on the first floor, part of a 5 units only, modern design building, divided into 3 levels, the ground floor, the first floor and the second floor which is the top one. It has internal area 75sqm plus 17sqm covered veranda and has also a covered parking and a storage room. The apartment has a spacious design, with open plan kitchen with living room and dining area, main bathroom and two good size bedroom. Master bedroom is en suit with toilet and shower. The apartment has access to the nice, big veranda which has amazing view, through sliding windows. All the apartments come with provisions for ac units and electric heating and installation for photovoltaic system as well. The location of the project provides very easy access to the highway and the center of the town and the area is surrounded by all the amenities like bakeries, schools, private schools, bus stop, supermarkets and many more. The apartment is suitable option for own living or for investment as in the area there is a high rental demand.
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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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
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 £9,965 more.
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