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Apartment, For Sale, Limassol, Germasogeia
Germasogeia, Cyprus
REF: 771172
€1,500,000
Description
The Residence is ideally situated in Yermasoyia tourist area. Minutes away from office landmarks, shopping malls, restaurants and the main highway connecting the Island and at the same time just a walk away from the blue Mediterranean Sea! Its location gives you the opportunity to be close to the action but away from the crowds. It is a luxurious and spacious residential apartment complex. It is a 5-floor building with 2-3-4 bedroom flats. It has a multitude of conveniences including a secure reception area, an impressive swimming pool, both for adults and children, a sauna, an indoor and outdoor bar area, indoor and outdoor playground, and an outdoor gym. Electronic access control is standard in the common areas and a provision for electric shutters, in all outside windows of the flats ensure a secure home. The apartments are built with high energy-saving materials and you will find that we have used only the best materials, fittings and finishes. You will not have to worry about summer or winter as the under-floor electric heating and provision of VRV cooling systems will create the best atmosphere.
The Residence is ideally situated in Yermasoyia tourist area. Minutes away from office landmarks, shopping malls, restaurants and the main highway connecting the Island and at the same time just a walk away from the blue Mediterranean Sea! Its location gives you the opportunity to be close to the action but away from the crowds. It is a luxurious and spacious residential apartment complex. It is a 5-floor building with 2-3-4 bedroom flats. It has a multitude of conveniences including a secure reception area, an impressive swimming pool, both for adults and children, a sauna, an indoor and outdoor bar area, indoor and outdoor playground, and an outdoor gym. Electronic access control is standard in the common areas and a provision for electric shutters, in all outside windows of the flats ensure a secure home. The apartments are built with high energy-saving materials and you will find that we have used only the best materials, fittings and finishes. You will not have to worry about summer or winter as the under-floor electric heating and provision of VRV cooling systems will create the best atmosphere.
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Currency Exchange
Germasogeia, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,235,850 | £1,289,175 | £53,325 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,235,850 |
| Maximum cost in the last six months | £1,289,175 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £53,325 |
Germasogeia, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,235,850 | £1,289,175 | £53,325 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,235,850 |
| Maximum cost in the last six months | £1,289,175 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £53,325 |
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 £53,325 more.
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