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Apartment, For Sale, Famagusta, Kapparis
Kapparis, Cyprus
REF: 768516
€178,000
Description
This stunning apartment comprises two bedrooms with a master bedroom en-suite and a family bathroom. It is designed with an open-plan kitchen, dining, and living area linked with a large balcony where amazing sea views are truly enjoyed. Large sliding doors bring light inside the modern, open-plan interiors, creating a pleasant feeling of openness. An under-construction small development consisting of only 11 apartments on 2 floors, is expected to be completed in the first trimester of 2024. Designed with the modern way of life in mind, it offers a wide range of features such as double-glazing, low-energy glass doors, a pressurized water system, a thermal insulation system, provisions for air-conditioning, ground floor storage, and covered parking. This newly built block of apartments is located in a quiet area in Kapparis, with easy access to a wide range of amenities such as shops, bars, restaurants, taverns and banks. The building is located only 5 minutes€™ drive from 1st April Avenue in Paralimni and 5 minutes from the cosmopolitan sandy beaches of Protaras and Kapparis.
This stunning apartment comprises two bedrooms with a master bedroom en-suite and a family bathroom. It is designed with an open-plan kitchen, dining, and living area linked with a large balcony where amazing sea views are truly enjoyed. Large sliding doors bring light inside the modern, open-plan interiors, creating a pleasant feeling of openness. An under-construction small development consisting of only 11 apartments on 2 floors, is expected to be completed in the first trimester of 2024. Designed with the modern way of life in mind, it offers a wide range of features such as double-glazing, low-energy glass doors, a pressurized water system, a thermal insulation system, provisions for air-conditioning, ground floor storage, and covered parking. This newly built block of apartments is located in a quiet area in Kapparis, with easy access to a wide range of amenities such as shops, bars, restaurants, taverns and banks. The building is located only 5 minutes€™ drive from 1st April Avenue in Paralimni and 5 minutes from the cosmopolitan sandy beaches of Protaras and Kapparis.
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Currency Exchange
Kapparis, 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 €178,000 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 |
|---|---|---|---|
| €178,000 | £147,439 | £152,982 | £5,543 |
| Property Price € | €178,000 |
| Minimum cost in the last six months | £147,439 |
| Maximum cost in the last six months | £152,982 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,543 |
Kapparis, 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 €178,000 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 |
|---|---|---|---|
| €178,000 | £147,439 | £152,982 | £5,543 |
| Property Price € | €178,000 |
| Minimum cost in the last six months | £147,439 |
| Maximum cost in the last six months | £152,982 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,543 |
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 £5,543 more.
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