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Apartment, For Sale, Limassol, Agia Paraskevi
Agia Paraskevi, Cyprus
REF: 770304
€780,000
Description
This luxurious 2-bedroom penthouse is the jewel of a small new-build block of only four 2-bedroom units in Germasogeia, one of the most desirable locations in Limassol. The quiet residential neighbourhood is only 2km from the nearest organized sandy beach. All everyday amenities from banks and supermarkets to shops and restaurants are less than 1km from the property. In addition, easy access to the highway makes it the ideal choice for commuters or regular travellers, as it is midway between the two airports in Larnaca and Pafos, both around 50km away. The penthouse layout is an example of the ultimate urban Mediterranean lifestyle with a touch of exclusivity. Indoors, residents can spread out in the two bedrooms with ensuite bathrooms, while the remarkably spacious open-plan living and dining area extends towards the fully fitted and equipped kitchen. For total comfort and practical convenience, a guest WC is also available. Open the sliding veranda doors that lead to the vast terrace with your own Jacuzzi and uninterrupted sea view and you will experience the real Mediterranean magic€¦ The building is marked by its contemporary, simple lines, and every aspect of design, construction and finishing is geared towards quality and comfort: Elegant entrance lobby, bright interiors, cool superior finishing materials, double glazed windows, ample fitted kitchen cabinets and appliances as well as built-in bedroom wardrobes. Solar heating and split unit air-conditioning are fully installed. For each unit there is a designated underground parking space, and the building provides an additional ground floor parking spot for the disabled. A communal roof terrace on the third floor offers residents a place to meet and enjoy the uninterrupted sea view, and a cool escape for evenings under the stars. The combination of prime location, urban comfort and accessibility makes this luxurious property a prestigious choice for permanent residence or regular holidays in the cosmopolitan coastal town of Limassol. Buyers interested in real estate for investment purposes will recognize the potential of this block as a property with broad appeal in both the local and expatriate market, for long-term as well as holiday rental. This property is also recommended for buyers seeking eligibility for the residency by investment scheme.
This luxurious 2-bedroom penthouse is the jewel of a small new-build block of only four 2-bedroom units in Germasogeia, one of the most desirable locations in Limassol. The quiet residential neighbourhood is only 2km from the nearest organized sandy beach. All everyday amenities from banks and supermarkets to shops and restaurants are less than 1km from the property. In addition, easy access to the highway makes it the ideal choice for commuters or regular travellers, as it is midway between the two airports in Larnaca and Pafos, both around 50km away. The penthouse layout is an example of the ultimate urban Mediterranean lifestyle with a touch of exclusivity. Indoors, residents can spread out in the two bedrooms with ensuite bathrooms, while the remarkably spacious open-plan living and dining area extends towards the fully fitted and equipped kitchen. For total comfort and practical convenience, a guest WC is also available. Open the sliding veranda doors that lead to the vast terrace with your own Jacuzzi and uninterrupted sea view and you will experience the real Mediterranean magic€¦ The building is marked by its contemporary, simple lines, and every aspect of design, construction and finishing is geared towards quality and comfort: Elegant entrance lobby, bright interiors, cool superior finishing materials, double glazed windows, ample fitted kitchen cabinets and appliances as well as built-in bedroom wardrobes. Solar heating and split unit air-conditioning are fully installed. For each unit there is a designated underground parking space, and the building provides an additional ground floor parking spot for the disabled. A communal roof terrace on the third floor offers residents a place to meet and enjoy the uninterrupted sea view, and a cool escape for evenings under the stars. The combination of prime location, urban comfort and accessibility makes this luxurious property a prestigious choice for permanent residence or regular holidays in the cosmopolitan coastal town of Limassol. Buyers interested in real estate for investment purposes will recognize the potential of this block as a property with broad appeal in both the local and expatriate market, for long-term as well as holiday rental. This property is also recommended for buyers seeking eligibility for the residency by investment scheme.
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Currency Exchange
Agia Paraskevi, 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 €780,000 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 |
|---|---|---|---|
| €780,000 | £646,082 | £670,371 | £24,289 |
| Property Price € | €780,000 |
| Minimum cost in the last six months | £646,082 |
| Maximum cost in the last six months | £670,371 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,289 |
Agia Paraskevi, 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 €780,000 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 |
|---|---|---|---|
| €780,000 | £646,082 | £670,371 | £24,289 |
| Property Price € | €780,000 |
| Minimum cost in the last six months | £646,082 |
| Maximum cost in the last six months | £670,371 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,289 |
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 £24,289 more.
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