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House, For Sale, Limassol, Panthea
Panthea, Cyprus
REF: 767042
€3,000,000
Description
A fabulous modern 5 bedroom property custom built to the highest standardsIn one of the most sought after residential areas within 3 minutes to central roundabouts and easy access to all amenities and schools.340M internal covered area, 80m² covered verandas and 40m² electric garage.Plot size 881M²UNDER FLOOR heating Fully a/c throughout with Mitsubishi cassettes installeD. Lift to all floorsSolar panels (system) on roof for Hi Tech Security system with lasers and cameras securing the propertyOverflow 11x5 salt water swimming pool. Lower ground: level has bedroom with shower/ kitchen, sitting/dining/tv room, gym, large storage areas Ground level: Guest wc, sitting room and separate tv room, play room with fire place. Kitchen with Island bar, granite surfaces and top quality appliances, kitchenette,Double glazed electric shutters.Upper level : 4 bedrooms, master en suite walk in wardrobe, 3 further bedrooms with fitted wardrobes, main bathroom Jacuzzi and steam bath, and a further large.Landscaped gardens.
A fabulous modern 5 bedroom property custom built to the highest standardsIn one of the most sought after residential areas within 3 minutes to central roundabouts and easy access to all amenities and schools.340M internal covered area, 80m² covered verandas and 40m² electric garage.Plot size 881M²UNDER FLOOR heating Fully a/c throughout with Mitsubishi cassettes installeD. Lift to all floorsSolar panels (system) on roof for Hi Tech Security system with lasers and cameras securing the propertyOverflow 11x5 salt water swimming pool. Lower ground: level has bedroom with shower/ kitchen, sitting/dining/tv room, gym, large storage areas Ground level: Guest wc, sitting room and separate tv room, play room with fire place. Kitchen with Island bar, granite surfaces and top quality appliances, kitchenette,Double glazed electric shutters.Upper level : 4 bedrooms, master en suite walk in wardrobe, 3 further bedrooms with fitted wardrobes, main bathroom Jacuzzi and steam bath, and a further large.Landscaped gardens.
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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 €3,000,000 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 |
|---|---|---|---|
| €3,000,000 | £2,495,640 | £2,581,860 | £86,220 |
| Property Price € | €3,000,000 |
| Minimum cost in the last six months | £2,495,640 |
| Maximum cost in the last six months | £2,581,860 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £86,220 |
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 €3,000,000 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 |
|---|---|---|---|
| €3,000,000 | £2,495,640 | £2,581,860 | £86,220 |
| Property Price € | €3,000,000 |
| Minimum cost in the last six months | £2,495,640 |
| Maximum cost in the last six months | £2,581,860 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £86,220 |
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 £86,220 more.
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