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House, For Sale, Larnaca, Mazotos
Mazotos, Cyprus
REF: 766550
€1,650,000
Description
,Sit back and soak up the commanding views which encompass the glistening Mediterranean Sea. This stunning beachfront property consists of 3 bedrooms, open plan living area with 90 m2 of covered verandas and sits perfectly on a 534 m2 plot with the beach at your doorstep. A stunning outdoor entertaining area with your own private pool perfect to enjoy this superb location. Located in a gated community in Mazatos just 20 minutes from downtown Larnaca. Within the gated community you can enjoy all the facilities such as common pool, Bar-restaurant, Fitness Center, Spa/Massage and kids playground. Viewings by appointment
,Sit back and soak up the commanding views which encompass the glistening Mediterranean Sea. This stunning beachfront property consists of 3 bedrooms, open plan living area with 90 m2 of covered verandas and sits perfectly on a 534 m2 plot with the beach at your doorstep. A stunning outdoor entertaining area with your own private pool perfect to enjoy this superb location. Located in a gated community in Mazatos just 20 minutes from downtown Larnaca. Within the gated community you can enjoy all the facilities such as common pool, Bar-restaurant, Fitness Center, Spa/Massage and kids playground. Viewings by appointment
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Currency Exchange
Mazotos, 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 €1,650,000 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 |
|---|---|---|---|
| €1,650,000 | £1,359,435 | £1,418,093 | £58,658 |
| Property Price € | €1,650,000 |
| Minimum cost in the last six months | £1,359,435 |
| Maximum cost in the last six months | £1,418,093 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £58,658 |
Mazotos, 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 €1,650,000 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 |
|---|---|---|---|
| €1,650,000 | £1,359,435 | £1,418,093 | £58,658 |
| Property Price € | €1,650,000 |
| Minimum cost in the last six months | £1,359,435 |
| Maximum cost in the last six months | £1,418,093 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £58,658 |
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 £58,658 more.
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