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Apartment, For Sale, Limassol, Germasogeia
Germasogeia, Cyprus
REF: 771353
€2,100,000
Description
This is a luxurious €œResort complex€, a new addition to Limassol€™s skyline and It is situated in Yermasoyia area, a prime location in Limassol€™s tourist area, where residents are also never far from the cosmopolitan city center and all its amenities and only 750 meters from the beach front.The complex consists of a communal lobby area with reception, outdoor gym, sauna, indoor and outdoor sitting area, an adult€™s swimming pool (20m*8m) and a kid€™s swimming pool (4m*4m). There is a covered parking area for each flat and a storage room. Each flat also has a provision for electrical shutters in all the exterior windows, VRV cooling system, under floor heating and is equipped with all electrical appliances. The penthouse is on the 5th floor, has covered area 213m², covered veranda 42m² and the roof garden is 88m². This is a great opportunity for investment.
This is a luxurious €œResort complex€, a new addition to Limassol€™s skyline and It is situated in Yermasoyia area, a prime location in Limassol€™s tourist area, where residents are also never far from the cosmopolitan city center and all its amenities and only 750 meters from the beach front.The complex consists of a communal lobby area with reception, outdoor gym, sauna, indoor and outdoor sitting area, an adult€™s swimming pool (20m*8m) and a kid€™s swimming pool (4m*4m). There is a covered parking area for each flat and a storage room. Each flat also has a provision for electrical shutters in all the exterior windows, VRV cooling system, under floor heating and is equipped with all electrical appliances. The penthouse is on the 5th floor, has covered area 213m², covered veranda 42m² and the roof garden is 88m². This is a great opportunity for investment.
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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 €2,100,000 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 |
|---|---|---|---|
| €2,100,000 | £1,762,572 | £1,811,376 | £48,804 |
| Property Price € | €2,100,000 |
| Minimum cost in the last six months | £1,762,572 |
| Maximum cost in the last six months | £1,811,376 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £48,804 |
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 €2,100,000 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 |
|---|---|---|---|
| €2,100,000 | £1,762,572 | £1,811,376 | £48,804 |
| Property Price € | €2,100,000 |
| Minimum cost in the last six months | £1,762,572 |
| Maximum cost in the last six months | £1,811,376 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £48,804 |
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 £48,804 more.
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