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Apartment, For Sale, Limassol, Potamos Germasogeias
Potamos Germasogeias, Cyprus
REF: 769377
€550,000
Description
Brand new, under construction, luxury and modern design 3 bedroom apartment, is looking for it's new owner. This spacious apartment,is built with the highest standards and with the best quality materials, and is part of a six unit building. Located in Potamos Germasogeias, just few minutes away from the tourist area and the beach. The complex will be ready around September 2024.The apartment is situated on the 2nd floor of the building and covers an area of 95sqm plus 23sqm covered veranda. It has open plan kitchen with living room and dining area, guest wc, main bathroom and three good size bedrooms. Master bedroom is en suit with toilet and shower.The apartment is equipped with VRV units, under floor heating, storage room and covered parking. The building provides installation of photovoltaic system for the common areas.The location offers very easy access to the highway and it is walking distance from the tourist area and the beach, and is surrounded from all amenities.The apartment is suitable for investment or for personal use by someone that wants to live a quiet and quality life in one of the most exclusive areas in Limassol.
Brand new, under construction, luxury and modern design 3 bedroom apartment, is looking for it's new owner. This spacious apartment,is built with the highest standards and with the best quality materials, and is part of a six unit building. Located in Potamos Germasogeias, just few minutes away from the tourist area and the beach. The complex will be ready around September 2024.The apartment is situated on the 2nd floor of the building and covers an area of 95sqm plus 23sqm covered veranda. It has open plan kitchen with living room and dining area, guest wc, main bathroom and three good size bedrooms. Master bedroom is en suit with toilet and shower.The apartment is equipped with VRV units, under floor heating, storage room and covered parking. The building provides installation of photovoltaic system for the common areas.The location offers very easy access to the highway and it is walking distance from the tourist area and the beach, and is surrounded from all amenities.The apartment is suitable for investment or for personal use by someone that wants to live a quiet and quality life in one of the most exclusive areas in Limassol.
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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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
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 £17,127 more.
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